Housing Society

Housing Society faces criticism over high cost of new cross-generation flats

Lee Cheuk-yan

A new housing estate to promote cross-generation living and to be sold at market price by the Housing Society was criticised by lawmakers yesterday. With some describing the new model as a "gimmick to speed up sales", most lawmakers said the society should help the poor instead of profiting from redevelopment projects.

Tuesday, 5 March, 2013, 4:48am

Wrinkles in Hong Kong's first luxury retirement community

Chief Executive Leung Chun-ying. Photo: Sam Tsang

A pioneering upmarket housing project for well-off retirees has been delayed for three years, hot on the heels of Chief Executive Leung Chun-ying's policy speech announcement that he was scrapping plans to help provide on-site support facilities.

19 Jan 2013 - 3:21am

Chief executive inspects Housing Society project Greenview Villa

Photo: David Wong

Chief Executive Leung Chun-ying inspected a showflat for Greenview Villa in Tsing Yi yesterday. The 988-flat project, now under construction, is a subsidised development by the Housing Society and sales begin on December 28. It will yield flats of 420 to 700 sq ft for sale at a 30 per cent discount of the market rate in the area.

13 Dec 2012 - 4:13am

Efficiency ratios going to the extremes

The lack of legislation against advertising the gross floor area of new flats means the market is continuing to see extreme examples of efficiency ratios.

Just compare two examples of flats put on the market recently by the Housing Society and the Urban Renewal Authority.

30 May 2012 - 12:00am

Heya Green flats debut on market

The Housing Society is set to sell the first batch of flats at its new private residential project Heya Green in Sham Shui Po for between HK$4 million and nearly HK$7 million, but only to locals.

22 May 2012 - 12:00am

Middle-class housing plan safe, Tsang says

Chief Executive Donald Tsang Yam-kuen has given an assurance that a middle-class housing scheme that he set up will go ahead despite the change of government.

24 Apr 2012 - 12:00am

Relaunch sandwich housing, C.Y. urged

The head of the Housing Society has called on chief executive-elect Leung Chun-ying's administration to resurrect the 'sandwich class' housing scheme after it takes office on July 1.

13 Apr 2012 - 12:00am

Technology makes life easier for the elderly

Hi-tech gadgetry is often associated with the younger generation - but a smart monitoring system that the Housing Society is testing may help the health of people at the other end of the age spectrum.

9 Apr 2012 - 12:00am

Housing Society off beam, lawmakers say

The Housing Society has come under fire for 'straying from its mission' as it introduced two upmarket elderly housing projects to lawmakers yesterday.

15 Mar 2012 - 12:00am

Serve the housing needs of poor first

A happy and worry-free retirement life remains the universal dream of most people. In Hong Kong this goal is arguably more difficult to achieve due to a lack of affordable housing and a comprehensive system to support retirees. Any attempt to fill the gap, in theory, should be a step in the right direction and welcomed by the community.

13 Feb 2012 - 12:00am

A home for life, at a rent of HK$3m

Well-off retirees are being offered homes for the rest of their lives in two upmarket housing projects for a one-off lump sum rent payment starting at about HK$3million.

The Housing Society is targeting people aged 60 and above for its 'joyous living' projects in North Point's Tanner Hill and Tin Shui Wai.

8 Feb 2012 - 12:00am

Simple, cheaper flats may win over buyers

The Housing Society's new private residential project Heya Green - due to go on sale this year - is expected to be priced at a level that will prove attractive to buyers and agents.

18 Jan 2012 - 12:00am

HK residents first in flats plan to stop speculators

The Housing Society plans to give priority to Hong Kong residents in its latest project, becoming the first developer to set such a condition for a private development.

Wong Kit-loong, the society's chief executive, said yesterday: 'We want to give priority to Hong Kong people in buying our flats and we'll not accept corporate buyers. This will reduce speculative activities.'

13 Jan 2012 - 12:00am

Low-cost housing sites still not picked

The Housing Society remains in the dark about three of the five locations where it is supposed to build subsidised homes for rent or purchase under a scheme announced by the government more than a year ago.

9 Dec 2011 - 12:00am

600 join upmarket plan for retirees

The Housing Society has recruited 600 retired people, including some expatriates, to join a network promoting two upmarket housing projects for the elderly.

The move has also drawn some interest from the local Indian community, society chairman Yeung Ka-sing says.

26 Nov 2011 - 12:00am

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