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  1. Latest phase of unsold subsidised flats to hit the market in June

    Posted Mar 30th 2010, 12:00am by Staff Reporter

    ... the years.' Wong also said a relaunch of HOS flats would have little impact on prices in the private market because most of the subsidised flats would go to public-housing tenants instead of other ... Lai Ying-kit Flats that were unsold when the government suspended the Home Ownership Scheme are likely to attract huge interest from buyers when they are put on the market in a few months. ...

  2. Why are taxpayers subsidising public housing for the wealthy?

    Posted Nov 23rd 2009, 12:00am by Staff Reporter

    ... that there are families enjoying subsidised public housing while earning HK$47,400 plus per month or, more disturbing, tenants who refuse to declare their income. Your report ('High prices see more rich ... tenants stuck in public housing flats. They simply have no way out.' Give over Mr Li, there are umpteen apartments available for rent for around HK$10,000 per month, about one fifth ...

  3. Move to bar rich from cheap flats

    Posted Jun 17th 2005, 12:00am by Chloe Lai

    ... Chloe Lai Wealthy tenants should be forced to move out of subsidised rental flats, leaving them for people who truly need the assistance, Housing Authority members said yesterday. Speaking ... need [it],' said Tommy Cheung Yu-yan, the Liberal Party's representative at the authority. Members also debated whether the authority should stop allocating subsidised flats to young ...

  4. 'Convert factories into flats for poor'

    Posted Jun 26th 2012, 12:00am

    ... over the years but had kept a low profile while doing so. A visit to subdivided flats and cage homes in Sham Shui Po a few months ago had deepened his determination to take action, he said. He recalled four people crammed into a 50 sq ft flat. 'I saw there was such a huge gap in the living conditions of different people,' he said. The revived Poverty Commission, which ...

  5. Million to benefit from flat HK$2 fare

    Posted May 05th 2012, 12:00am

    ... Jennifer Ngo jennifer.ngo@scmp.com More than a million people will be able to ride the MTR anywhere for HK$2 from late next month if the government's HK$400 million flat-fare transport scheme for the elderly and handicapped wins funding approval from the Legislative Council. The new flat fare is set to be introduced in phases, starting with the MTR. Four of the five ...

  6. Forum speakers deride Tien rental flats idea

    Posted May 10th 2010, 12:00am by Joyce Ng

    ... Joyce Ng A suggestion by Liberal Party member Michael Tien Puk-sun that the government create a special class of public rental flat for the 'sandwich class' was met with derision at a City Forum yesterday. Others at the forum instead shouted their support for a wholesale resumption of Home Ownership Scheme (HOS) flat-building to provide housing for low-income earners. Tien ...

  7. Eva Cheng confident on HOS flat sales plan

    Posted Mar 01st 2010, 12:00am by Paggie Leung

    ... Paggie Leung A study aimed at revitalising the secondary sales market for subsidised Home Ownership Scheme flats will be completed in several months, housing minister Eva Cheng says. '[Our] work mainly focuses on [boosting sales of] small-sized properties. We believe that these HOS flats which are now worth HK$2 million or less... have a certain degree ...

  8. Why building more flats may not lead to a drop in prices

    Posted Aug 02nd 2010, 12:00am by Olga Wong

    ... He said the practice of selling subsidised housing at a discount to the price of private flats is unfair, as the market has risen while the median monthly income has remained unchanged ... enough new flats for the additional population. The reason flats remain expensive is the lack of transparent property data for homebuyers rushing to make a decision, a leading surveyor says. ...

  9. 74,600 government flats to be built in next 5 years

    Posted Jan 04th 2011, 12:00am by Paggie Leung

    ... Paggie Leung Nearly 75,000 government flats for low-income families will be built in the coming five years, according to the housing minister, who also indicated that the average waiting time of about three years for such families to move into the subsidised units would not change. 'If we can build about 15,000 units a year and gain back 15,000 flats [from occupants who ...

  10. Rich and poor resent developers' influence

    Posted Mar 19th 2012, 12:00am

    ... Po and a public rental home in Tseung Kwan O to a house on The Peak. Tang has proposed an extra 40,000 subsidised flats be built over the next five years on top of the existing plan for 75,000 flats. Leung wants to speed up construction of public rental flats and provide more subsidised homes for the middle-class. David Chu Kam-chuen, a public housing tenant in Ma On Shan, ...




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