Update | 5,000 more subsidised elderly-care places to be provided by 2017

An extra 5,000 government-subsidised places at elderly-care homes will be provided within the term of this administration, the welfare chief says.
Secretary for Labour and Welfare Matthew Cheung Kin-chung pledged to provide 5,000 more of the coveted spaces, but declined to set an optimal waiting time for the roughly 30,000 applicants.
"The waiting time is long," Cheung admitted yesterday. "But we are trying to tackle the issue."
The current administration serves until 2017, when the next chief executive will be elected.
Cheung said another 7,000 places would be available after the redevelopment or expansion of 60 sites owned by 40 NGOs, but gave no timeline for when they would be ready.
Developers of 11 sites across the city would have to set aside space for elderly-care homes under a third plan, he said. The timetable would depend on the projects' building schedules.
Currently, applicants have to wait an average of 22 months to be accepted into an elderly-care home. For those who need more help on a day-to-day basis, the average wait for a nursing home is more than three years.