Home Ownership Scheme

'White form' applicants push up flat prices of HOS and public housing

5,000 balloted  'white form' applicants for the new system now have six months to buy HOS flats on the resale market from this month.

Chief Executive Leung Chun-ying announced in July last year that 5,000 "white form" applicants for HOS flats - prospective buyers of subsidised units currently living in private flats and who do not receive a housing subsidy - would be able to buy second-hand HOS flats without paying a land premium.

Wednesday, 5 June, 2013, 4:40am

Young couple the first to get right to buy discounted second-hand HOS flats

Avan Tsar is one of 5,000 lucky applicants who can choose a second-hand flat under the Home Ownership Scheme. Photo: Felix Wong

Avan Tsar was lucky enough to be among 5,000 people chosen to be allowed to buy a second-hand Home Ownership Scheme flat at a discount.

1 Jun 2013 - 3:38am

Families to lose rental flats in HOS plan

The government's quest to build more housing has angered 14 families who will be evicted from their public rental housing in Tai O so the block can be converted into homes for sale.

22 Mar 2013 - 4:07am

Youth line up for a housing bargain

Prospective buyers picking up forms to apply for the more than 800 flats. Photo: K.Y. Cheng

Young people seeking a housing bargain waited in line at the Housing Authority yesterday to get brochures and application forms for more than 800 surplus Home Ownership Scheme (HOS) flats.

22 Mar 2013 - 4:07am

Tin Shui Wai flats deemed safe to sell

The flats in Tin Chung Court will go on sale on March 28.

A batch of 825 subsidised flats in Tin Shui Wai that were pulled from sale at the height of a short-piling scandal 14 years ago will go on the market next week.

But would-be buyers will not be able to inspect the flats in advance unless they are selected by a lucky draw.

21 Mar 2013 - 4:05am

Unknown pitfalls in buying hotel units

Running a hotel unit in the Apex Horizon (above) could be complicated and owners should rely on the operator. Photo: Sam Tsang

With an average selling price that is lower than some Home Ownership Scheme flats in the city, the hotel units of Apex Horizon development built by Cheung Kong could prove attractive to buyers. But experts warn that the hidden costs and investment risks of buying the hotel units could be very high.

20 Feb 2013 - 5:39am

Ballot for buyers of second-hand HOS flats

The lucky numbers are put up on the board in Lok Fu. Photo: SCMP

Lots were drawn on Monday to decide who will be eligible to buy second-hand Home Ownership Scheme flats without a premium. The Housing Authority's revised scheme will enable low- to middle-income families to buy the subsidised flats.The authority was swamped last month with 66,000 applications for just 5,000 flats. Of those, 23,400 families are vying for 4,500; and 42,600 single people for 500.

19 Feb 2013 - 5:11am

Talking points

Yang Jiechi

A ballot to decide the successful applicants for the revised Home Ownership Scheme will be drawn today. The draw will choose the 5,000 - 4,500 families and 500 singles - who are eligible to buy second-hand HOS flats without paying the Housing Authority's premium.

18 Feb 2013 - 1:55am

Doubt cast over singles' bid for cheap homes

More than half of the applicants were unmarried and under 35.

The society has found that 30,400 applicants - or more than half of the 58,330 applications it received for its new Greenview Villa project in Tsing Yi - are unmarried people aged under 35.

18 Feb 2013 - 5:28am 3 comments

Give Tung Chung's empty estates HOS flats, says Green Sense

Yat Tung Estate is a long commute for residents.

An urban planning concern group is asking for more Home Ownership Scheme flats to be built in Tung Chung on Lantau, rather than public rental housing. Green Sense made the call after a visit to Yat Tung Estate found 50 seemingly vacant units.

These units did not have any furniture and there was no renovation going on.

14 Feb 2013 - 4:09am 2 comments

Prices of 800 Tin Shui Wai flats to start from HK$1.2m

Prices of 800 flats to start from HK$1.2 m

Many Hongkongers may be surprised to read about homes on sale for HK$1.2 million, in a city where HK$2 million has long seemed like the bottom price.

5 Feb 2013 - 5:48am 5 comments

Policy address is Leung's last chance to show Hong Kong he can lead

Policy address is Leung's last chance to show Hong Kong he can lead

Responding to the massive protests on New Year's Day calling for Leung Chun-ying to step down, a government spokesman said the chief executive was concentrating on preparing his first policy address, working on various areas, including people's livelihood and the economy, addressing deep-rooted problems, and promoting stability in society.

14 Jan 2013 - 3:31am 2 comments

Home Ownership Scheme flats attract queue at launch

Prospective homebuyers look to HOS flats. Photo: Edward Wong

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 Ownership Scheme (HOS).

5 Jan 2013 - 4:06am

Talking points

Japanese, Chinese markets react to US deal

Japanese, Chinese markets react to US deal

4 Jan 2013 - 3:26am

Officials fail to tackle property tycoons

A construction site for flats of My Home Purchase Plan in Tsing Luk Street, Tsing Yi.

The Home Ownership Scheme and the My Home Purchase Plan are an official admission that the government's land policy fails to provide homes that match both the space requirements and the pockets of Hong Kong citizens.

For far too long, the government has been addicted to revenue from selling land to the highest bidder without any regard to the end use, or end user.

11 Dec 2012 - 2:42am