Potential homebuyers on Monday inspect a scale model at the Housing Authority in Lok Fu. Photo: Dickson Lee

Hong Kong homebuyers scramble for new batch of subsidised flats – with HK$5.29 million home snapped up in 30 minutes

  • The 4,871 flats from six estates was largest number of subsidised homes put on the market since the Home Ownership Scheme was restarted in 2011
  • But only 54 of 80 randomly selected buyers turned up – a low turnout rate that would have been unheard of in the past
Topic |   Hong Kong housing

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Potential homebuyers on Monday inspect a scale model at the Housing Authority in Lok Fu. Photo: Dickson Lee
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Chan Ho-him

Chan Ho-him

Chan Ho-him is a reporter for the Hong Kong desk focused on covering education policies. He joined the Post in 2019. Prior to that, he was an investigative reporter at Ming Pao.

Lilian Cheng

Lilian Cheng

Lilian joined the Post in 2019 as senior reporter covering Hong Kong’s housing, land and development policies. She started her career at Ming Pao in 2010 and was then a principal reporter at i-Cable News. She has won awards for her reporting on a major discovery of Sung relics near the planned To Kwa Wan railway station.