The property market in Hong Kong may be red hot at the moment but there are still bargains to be had. How about a flat in Tai O, Lantau Island? Yours for just HK$302,400. This apartment at Lung Hin Court was among 3,219 flats put up for grabs by the Housing Authority yesterday that were left over from the Home Ownership Scheme. They were among 16,000 flats built before the government scrapped the scheme in 2002 to shore up the falling property market. The latest round of sales included 1,110 flats in Yau Chui Court, Yau Tong, and 639 at Kam Fung Court in Ma On Shan. The most expensive, in Tung Tao Court, Shau Kei Wan, had a price tag of HK$3.28 million. The authority received more than 39,000 applications from people keen to get on the property ladder. These were whittled down and 136 applicants were invited to take part in the flat selection process yesterday at the authority's Lok Fu office. Ninety-eight people turned up and 76 signed sales agreements. A spokesman for the authority said flats in Yau Tong were the most popular. Public housing tenant Maggie Chan, 40, and her family chose and bought a flat in Yau Tong for her family of six. 'It's expensive this time,' she said. 'But prices have been rising and I'm afraid they will continue to rise. We don't know if there'll be anymore HOS flats in the future, so we decided to buy now.' Chan said they lived on a public housing estate but needed a larger flat. 'We both felt happy when we knew we'd got it. Now we're worried about paying the mortgage. Everything is rising except our wages.' Another successful applicant, an engineer, was still thinking about whether to buy. But his mother said: 'It's so expensive this time, it's not worth it. It was cheaper last time.'