By the end of March, the new HOS may apply for the promotion of Baiju two simultaneous push 2500
The Housing Authority (Housing Authority) Subsidized Housing Panel (hereinafter referred to as the “Panel”) announced on 14 February through the end of March to mid-April the “Sale of Home Ownership Scheme Units 2018” (the “HOS”) 4431 gang to accept the application, the market price of 30 fold pricing, the highest price of about 6.3 million yuan. After the normalization of the first batch of White Form HOS Secondary Market Scheme (hereinafter referred to as “White House II”) 2500 places will be simultaneously accepted applications. It has been suggested that the Housing Authority should review the HOS pricing mechanism and increase its discount. The Chairman of the Panel, Mr Wong Yuen-fai, emphasized that the current practice has considered the affordability of applicants.
The new HOS estate consists of 3 brand new housing estates with a usable floor area of 278 to 631 square feet. The panel has priced from $ 1.90 to $ 6.3 million at 30% market value. Of which, Kai Lok Court, the first HOS flats project in East Kai Tak in Kowloon, provided a total of 683 flats with an average price of $ 9,755 per sq ft, which is the highest of 3 estates and is expected to be completed in February 2019. The largest section of Kai Lok Court at Lai Ying Street in Cheung Sha Wan , 2522 units will be built in two phases in October and next September respectively. One of them will cost 6.3 million yuan, making it the highest-cost HOS estate in the world. As for Tung Chung Road, Tung Chung Road, Yu Tai Court is provided with 1226 units, priced at $ 1.59 million and is expected to be completed by August 2020.
Wong Yuen-fai announced after the meeting that the ratio of green and white form-picking blocks will remain at the ratio of five to five. The monthly income limit of applicants for two or more families is $ 57,000 and the asset cap is $ 1.96 million. The maximum income limit for one-person applicants For 28,500 yuan, the assets shall not exceed 980,000 yuan. The first batch of 2,500 White House Units will be accepted simultaneously with HOS flats. The two projects are estimated to have beaten beads in June and HOS flats will be picked up in August.
PRH to promote high discount rate
A group of members of the Hong Kong Federation of Housing, Hong Kong, took part in the meeting before the protest. Members of the panel and Director-General of the Hong Kong Federation of Housing, Cheuk Wai-kwai, think that HOS pricing is overpriced and suggested that the HA should raise the discount rate and review mechanism. Mr Wong said the existing mechanism has considered the affordability of applicants and estimated at 35,000 yuan per month. It is estimated that about 65% of HOS units will be able to afford this period. As regards whether the greening and white-table picking-up ratio of the next round of HOS flats will be adjusted, Huang Yuan-hui said that consideration should be given to the details of the success of the new round of White House II purchase rate and the new batch of Green Table Habitat units .