Advertisement
Hong Kong housing
Hong KongSociety

Kai Tak a hit with Hong Kong buyers at Housing Authority sale of about 9,000 subsidised flats

  • Kai Tak a draw because of good transport links and views across Victoria Harbour and sports park
  • Housing Authority puts biggest number of flats on the market since 2014, with longer mortgage guarantee periods as well

2-MIN READ2-MIN
Potential buyers examine models of Housing Authority subsidised homes for sale. Photo: May Tse
Edith LinandMeredith Chen
Subsidised homes at a prime Hong Kong site in Kai Tak have become the most popular choice for buyers at a sale of about 9,000 flats, the biggest number put on the market since 2014, and with longer mortgage guarantee periods.

A university student surnamed Tang, 20, and his mother, who identified herself only as Tong, were among those on Wednesday who hoped to secure one of the 2,046 subsidised flats in Kai Yuet Court, Kai Tak, out of 9,154 newly built homes spread across six estates.

The mother and son secured their “most preferred flat”, a southeast-facing spacious high-rise property, which is also close to an MTR station.

Advertisement

“We were initially worried that we might not be able to get a spacious unit and would have to settle for a smaller one,” Tong said. “Fortunately, we were lucky this time.

“We were able to secure a great unit in the desired housing estate that everyone wanted.”

Would-be buyers scrutinise floor plans for Housing Authority subsidised flats. Photo: May Tse
Would-be buyers scrutinise floor plans for Housing Authority subsidised flats. Photo: May Tse

Three other estates are in the city’s urban area in Kwun Tong, but residents can only reach an MTR station by bus or minibus.

Advertisement
Select Voice
Select Speed
1.00x