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  • November 24, 2014
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  1. News - Hong Kong

    C.Y. Leung refuses to shelve HOS flat sale, citing shortage

    Posted Nov 06th 2012, 05:16pm by Lai Ying-kit

    ... Lai Ying-kit The government will go ahead with a plan to sell 5,000 second-hand subsidised flats to middle-class buyers, Chief Executive Leung Chun-ying said on Tuesday. Leung was speaking ... meeting. Under Leung’s plan, 5,000 “white-form” applicants for Home Ownership Scheme flats – prospective buyers of a subsidised unit currently living in a private flat and who did not receive ...

  2. News - Hong Kong

    Home buyers flock to apply for subsidised HOS units

    Posted Jan 04th 2013, 05:40pm by Johnny Tam

    ... in line on Friday compared the HOS offer to the “My Home Purchase Plan” programme, by the Hong Kong Housing Society, selling subsidised flats at Greenview Villa in Tsing Yi. “I think the Home ... Johnny Tam Hundreds of home buyers seeking bargains waited in line at the Housing Authority, on Friday, to get applications for 5,000 used government-subsidised units being sold under ...

  3. Revival plan for ageing estates

    Posted Sep 29th 2010, 12:00am by Olga Wong

    ... We are willing to work with it in providing subsidised flats and flats targeting low-income groups and the elderly,' she said. However, Cheng warned that any subsidies would need ... harmony. The proposal gaining most support is to resume the HOS, which offers incentives for people to purchase second-hand subsidised flats with a rent-to-buy option. The option allows qualified ...

  4. Government handed deal on public flats

    Posted May 20th 2004, 12:00am by Chloe Lai

    ... Chloe Lai The Housing Authority will lose $400 million because the government will only pay $2.7 billion for more than 4,000 subsidised flats it is buying in a 10-year, interest-free deal. The authority's Subsidised Housing Committee yesterday agreed to sell 4,304 unsold Home Ownership Scheme (HOS) flats and 538 car park spaces to the government for conversion into staff quarters. The 4,304 ...

  5. News - Hong Kong - HOUSING

    Panel suggests prefabricated housing for families in subdivided flats

    Posted Feb 18th 2014, 01:07am by Olga Wong, NG KANG-CHUNG

    ... decade- 60 per cent of them public rental and subsidised flats- that was adopted by the chief executive in his policy address last month. Other proposals include regularly reviewing the eligibility of public flat applicants- of whom there were 243,000 at the end of last year- shortening the public housing queue for single people over 35 and selling up to 30 per cent of subsidised ...

  6. News - Hong Kong - HOUSING

    Home Ownership Scheme flats attract queue at launch

    Posted Jan 05th 2013, 12:00am by Johnny Tam, LO WEI

    ... at launch Hundreds of homebuyers seeking bargains waited in line at the Housing Authority yesterday, to get application forms for 5,000 used government-subsidised flats put out under a revised Home ... offer to "My Home Purchase Plan", a programme under the Housing Society that has begun selling subsidised flats at Greenview Villa in Tsing Yi. "HOS flats are more flexible, ...

  7. News - Hong Kong - HOUSING

    300 buyers compete per flat in Lantau scheme

    Posted Jun 25th 2014, 04:49am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Former public rental units offered to buyers too well-off to qualify for public rental homes 300 buyers compete per flat in Lantau scheme More than 10,000 buyers are competing for 34 subsidised flats put up for sale to people whose income is too high to qualify for public rental flats and too low to otherwise afford to buy a home. It means ...

  8. New World to be paid $1.4b in flats buy-back

    Posted Jun 16th 2004, 12:00am by Martin Wong

    ... Martin Wong The government will pay New World Development $1.4 billion to buy back 2,010 flats in a former subsidised housing development, after efforts to strike a deal to sell them ... in building subsidised flats for sale. New World Development general manager Stewart Leung Chi-kin said yesterday that negotiations had broken down and the government would buy back the flats ...

  9. News - Hong Kong - HOUSING

    Target of 470,000 new flats in 10 years is too low: lawmakers

    Posted Sep 28th 2013, 12:00am by Olga Wong

    ... rental and subsidised flats. But it had not decided the proportion of subsidised flats. Anthony Cheung declined to comment on the previous targets, saying the projected increase in new households ... Olga Wong olga.wong@scmp.com Critics say government plan to build 470,000 units in 10 years does not take into account increasing population and smaller households New flats target is too ...

  10. Take mainland sting out of housing market, Exco member urges

    Posted May 15th 2011, 12:00am

    ... warned yesterday. Anthony Cheung Bing-leung said the government should stop worrying that building subsidised flats for sale would cause the market to plunge. It should restart the Home Ownership Scheme, under which flats were built for subsidised sale to families not wealthy enough to buy private flats. Property prices recently passed their previous peak, set in 1997, and Cheung told ...




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