A potential buyer inspects the show flat of eResidence, the “starter homes” pilot project of the Urban Renewal Authority (URA). The development is the first batch of such subsidised for Hongkongers. Photo: Nora Tam

Hong Kong’s first ‘starter homes’ project heavily subscribed in first two days, with 3,000 applicants jostling for 450 units

  • The subsidised homes in Hung Hom are going at 38 per cent below market rates
  • The Urban Renewal Authority, which is piloting the scheme, says it does not yet have any plans to follow it up
Topic |   Hong Kong housing

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A potential buyer inspects the show flat of eResidence, the “starter homes” pilot project of the Urban Renewal Authority (URA). The development is the first batch of such subsidised for Hongkongers. Photo: Nora Tam
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