• Thu
  • Dec 18, 2014
  • Updated: 11:50am

My Home Purchase Plan

Thousands flock to show flats for subsidised Greenview Villa

The queue was long at the Greenview Villa sales office in Cheung Sha Wan. Photo: K. Y. Cheng

Flats at the first estate being sold under Hong Kong's "My Home Purchase Plan" are seeing an overwhelming response from potential buyers, some of whom say they may purchase a unit for their adult children.

Saturday, 22 December, 2012, 3:51am

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

Home Ownership Scheme changes will hurt private sales

Construction under way at Greenview Villa in Tsing Yi, where the flats will be sold under the My Home Purchase Plan. Photo: K. Y. Cheng

Prices of small flats on sale in the secondary market are likely to come under downward pressure as a result of increased competition for buyers.

5 Dec 2012 - 4:25am