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Hong KongHong Kong Economy

Housing project targeting middle-class elderly Hongkongers draws hundreds of visitors

Tanner Hill in North Point offers units ranging from HK$1.8 to HK$20 million depending on one’s age

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The development opened yesterday and applications were received from 10am today. Photo: Sam Tsang
Christy Leung

Hong Kong’s first non-subsidised elderly housing project attracted hundreds of visitors on its first day, with many viewing the show flats or submitting applications on site.

Applications opened at 10am today at Tanner Hill in North Point, and the first applicant, Mrs Wong, 81, eyed an 800 sq ft unit to share with her 86-year-old disabled spouse.

“Having a day care and rehabilitation centre just downstairs is very convenient,” she said, adding that they were encouraged by the facilities developed by the Housing Society.

READ MORE: Hong Kong’s first life-long rentals for the elderly project opens, but not all welcome it

Mrs Wong said it was worth selling their apartment in nearby for a unit at Tanner Hill. At the new development, an 801-sq-ft flat would cost around HK$4 million for an 81-year-old.

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Prices range from HK$1.8 million to HK$20 million for lifetime residency, with older occupants paying less.

Another senior citizen, Mrs Chan, 64, said she was not interested in the project after viewing the show flats with her husband, also 64.

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“The flat is too big for us and a domestic helper,” she said of what would be available for her given her age. “I could buy a decent private unit with HK$7 million.”

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