The HS will push the HOS again. The fastest 3 years later

The chairman of the HS, known as the “Father of Home Ownership”, will retire from office next month. Before retiring from the FireWire, he accepted an exclusive interview with the newspaper. The Hong Kong Treasury is flooded. “There is money but no land.” After three years, the subsidized sale of the house was pushed.

He believes that reclamation is an option to increase land reserves in the medium and long term. The advantage is that there is no need to dispute the title. However, it is not the only option. It is considered that a multi-pronged approach is required to solve the housing problem, including exploring which country parks are suitable for building.

Yu Manhai joined the government 50 years ago. He recalled that Singapore had also come to Hong Kong for housing policy, but the proportion of land available for development in Hong Kong is less than that of Singapore. The land acquired by reclamation in Hong Kong is 6%, Singapore is as high as 25%, and 40% of Hong Kong is a country park. The developed residential land is only 7%. “Singapore is in the city, the park in Hong Kong is in Country.”

Promoting the development of country parks

He said that Hong Kong is facing the problem of “having money but no land”. He also predicted that the Housing Society’s next subsidy for the sale of housing will not appear until two to three years later. Looking up the record, the HS’s last sale of subsidized housing was last year’s Tseung Kwan O Tsui King Peak and Tuen Mun Tsui Ming Terrace, a total of 620, which was oversubscribed 151 times.

In recent years, the Government has been active in squatting, including entrusting the Housing Society to conduct a study on the study of the country parks and set up a land supply task force to debate the 18 district options. According to Man Manhai, the first batch of country parks in Hong Kong has been in existence for 40 years. In the past, the land use has been increasing. After decades of environmental and development changes, it is possible to explore which ones are suitable for housing construction and reaffirm that the boundaries are not static.

He said that the land issue is not a two-choice multiple-choice question, “Do not let the public have the illusion that one or two items can solve the problem.” It is necessary to adopt a multi-pronged approach, such as changing land use and making good use of agricultural land, including reclamation. It is a method of increasing land reserves in the medium and long term. “The biggest advantage is that there is no need to contend for ownership. The Government has the full power to do so.” He also asked: “In the past, many places were filled out by reclamation. Why can’t it be reclaimed? ?”

Chief Executive Lin Zhengyue proposed to reset the home purchase ladder this year, Green House, Baiju Erheng Normalization, and pushed the first car. In the face of an ageing population and an increase in the number of small families in Hong Kong, I think that “the ladder will not stop but also fall.”

Advocating for the elderly to pay for land premiums

Apart from the reverse mortgage and the forthcoming Home Ownership Free Sub-division Scheme, the HKHS will increase the number of middle-aged elderly housing estates for the elderly, including the construction of a mixed-use housing project at Fan Yi Road, Fanling, and advise the Government to consider Allow HOS flat owners to purchase premium units free of charge and make good use of existing resources. “Children are older or immigrants. If the elderly do not need to live in a big house, can they pay for the replacement of flats?”

The self-financing Fed, the current public housing estates need to pay a one-third of the land price, and the subsidized housing will pay half. After the decoupling of the HOS and the market price, or the financial pressure, he said that he is discussing with the Government and expects to be treated equally with the Housing Authority. The development of public housing free of land and subsidized housing only pays for land leveling and describes the current discussion as positive. He also said that if the Government has a request, it is willing to cooperate with the URA to build a house and develop the first car.