The public Kai Yip Estate in Kai Tak. The government plans to build 290,000 public flats in the next decade, and has earmarked HK$27 billion for a reserve to help fund it. Photo: Dickson Lee The public Kai Yip Estate in Kai Tak. The government plans to build 290,000 public flats in the next decade, and has earmarked HK$27 billion for a reserve to help fund it. Photo: Dickson Lee
The public Kai Yip Estate in Kai Tak. The government plans to build 290,000 public flats in the next decade, and has earmarked HK$27 billion for a reserve to help fund it. Photo: Dickson Lee

Housing Authority announces bigger budget and upbeat forecast on HOS sales

Latest budget projections show surplus of HK$5 billion for fiscal year ending in March, and no immediate need for funding from reserve

The public Kai Yip Estate in Kai Tak. The government plans to build 290,000 public flats in the next decade, and has earmarked HK$27 billion for a reserve to help fund it. Photo: Dickson Lee The public Kai Yip Estate in Kai Tak. The government plans to build 290,000 public flats in the next decade, and has earmarked HK$27 billion for a reserve to help fund it. Photo: Dickson Lee
The public Kai Yip Estate in Kai Tak. The government plans to build 290,000 public flats in the next decade, and has earmarked HK$27 billion for a reserve to help fund it. Photo: Dickson Lee
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