People queue up to hand in applications for the sale of Housing Authority flats at Kai Long Court in Kai Tak. Photo: David Wong

Half-priced 278 sq ft flat in Hong Kong will only cost HK$1.18 million – but there’s a catch, a clause stopping owners selling them for a profit for five years

Housing Authority wants higher discounts for subsidised flats to be linked to tougher restrictions on who apartments can be sold to, when, and how much for

Topic |   Hong Kong housing

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People queue up to hand in applications for the sale of Housing Authority flats at Kai Long Court in Kai Tak. Photo: David Wong
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