New Housing Policy announced today 9 Private property transfer to subsidized housing
The Executive Council passed yesterday and responded to the housing problem with three measures, including the conversion of nine private homes on Anderson Road and Kai Tak to the construction of subsidized housing for sale, with the supply of more than 10,000 people and a valuation of about 100 billion yuan. Chief Executive Lam Yiu-yin will lead the relevant director to announce the relevant measures.
The prices of HOS flats have reached record highs. Lin Zheng presided over a special meeting of the guilds yesterday and clappered the introduction of three strokes in the property market. These include: 1) Turning nine sites on Anderson Road and Kai Tak from original private building to subsidized housing construction. It is not limited to Green Home, Home Ownership, or first home purchase on the car. Another redevelopment project of the URA at Ma Tau Wai Road/Harm Street will be used by Hong Kong people to set up a car on the first car to provide about 500 people; 2) to decouple the pricing of subsidised housing from the market price, and to include the white list income The ceiling is reduced from the current monthly income of 57,000 yuan to less than 40,000 yuan; 3) The first-hand vacant tax is imposed. According to the sources, the guild will be levied through the Rating Ordinance. If the government has granted occupation permits for one year and the first-hand units are still vacant, they will have to pay vacant taxes.
Lin Zheng will lead the relevant Commissioner and officials and will hold a press conference today to announce the measures. The Housing Authority’s subsidized housing group will meet this evening to discuss the relevant proposals.
Ma Tau Wai Road reconstruction project changed to first home
In the new housing policy, nine lands for private buildings were converted to subsidized housing for construction and distributed in Anderson Road and Kai Tak District, Kwun Tong, totalling about 10,000 people. In the Anderson Road Quarry, apart from the sale of land for land use in the vicinity of Anda Village as the first home placement, the other five sites in the site of Shangshi Mine also have the opportunity to allocate funds for housing development, totaling approximately 5,000. Partner. A total of 3.343 million square feet of floor space can be built for the six sites. If the reference floor price of the land in the same area of Huaying is 12,000 yuan, the market value will reach 40 billion yuan. In addition, there are also 3 sites in Kai Tak District allocated as subsidized housing estates, providing 5,000 people with a market capitalization of 38.6 billion to 61 billion yuan.
In a nutshell, the Government allocates these nine sites to subsidized housing, which will result in the loss of about 79 billion to more than 100 billion yuan in land sales, equivalent to 70% to 80% of the government’s forecast annual sales of 121 billion yuan.
In addition, the reconstruction project of Ma Tau Wai Road/Springfield Street of the URA will be replaced by Hong Kong people’s first home-mounted car. It is expected to be the first quick-to-sell first-home project. The project is expected to be completed by the end of next year, with the opportunity to accept it in the short term. Application.
Fear of misinformation error information
Apart from affecting the proceeds from land sales, it will also affect the supply of private housing in the coming years. Take the Anderson Road Quarry as an example. Originally, as many as 7,530 people were planning to supply private buildings, which was an important source of supply for the next 1-2 years. However, with the provision of six sites for subsidized housing, the private land supply in the area will be provided. It will also be reduced to more than 2,000 gangs, or it will affect the government’s plans for future plans.
According to Chen Chaoguo, the managing director of Savills’ Valuation and Professional Consultant, the practice of setting a private property to the public as “only 10 doors with 10 doors” would send a wrong message to the market, causing the public to think that the supply of private buildings Further reduction, long-term or stimulate property prices rise again. In addition, Zhang Qichu, deputy managing director of Valuation International’s valuation and consulting services in Asia, also believes that practices will affect the supply of private properties and have the opportunity to push up property prices.