Meiwei Silver Weiyuan Management Fee Up to RMB 2041
The Housing Authority (HA) has resumed the sale of HOS flats in recent years. As property prices continue to rise with the market conditions, the management fees that must be paid each month are getting more and more expensive. The Housing Authority recently decided on three management fees for HOS estates to be completed in the first half of this year. The last year’s acceptance of the application for the management fee of Silver Wei Garden in Mui Wo, Lantau Island was 3.7 yuan per square meter. In addition, monthly management fees for individual units reached 2041 yuan.
In recent months, the Housing Authority has determined the management fees for the three HOS housing estates completed from March to April this year, including Jia Shun Court in Sha Tin, which was accepted in 2016, and two Galaxy Courts in the Mei Wo Home Ownership Scheme estate in Lantau, which was launched in the market last year. Silver Silver Court.
1.8 times of Home Ownership in Jiatong Court, Shatin District, Sha Tin
Among them, 248 Jia Shun Courts are provided. The unit has a saleable area of 445 to 449 square feet. The amount of management fees determined by the Housing Authority is 1401 yuan, and the management fee for each party is approximately 3.1 yuan. The amount and management fee of each party are the aforementioned. The level of the middle reaches of the three housing estates is significantly higher than that of the HOS estates in the same district. Taking Ka Tin Court, which is about 30 years old in the same district, and Ka Keng Court, which has been completed for about 16 years, as an example, the management fee for each of the two housing estates is only about $1.1, which means that Jia Shun Court is 1.8 times more expensive.
Although the two estates in Mui Wo are located on the Silver Mine Bay Road, there are significant differences in the level of management fees. Among them, 529 Galaxy Courts are provided, with a management fee of only 840 to 1,204 yuan, and a management fee of about 2.2 yuan per party; Silverville Court provides 170 teams, and the management fee amounts to 1,387 to 2,041 yuan, which translates to a management fee equivalent to each party. 3.7 yuan, following the completion of new urban areas in recent years. According to the statistics, the management fee for each party was about 3.8 to 4 yuan for the SKYPARK Mong Kok and the Kai Tak 1 series of the Hong Kong People’s Hong Kong Land project in Kowloon East.
The Housing Authority explained that the difference in the number of units in Yinhe Court and Yinwei Court may affect the level of management fees, and stressed that the contract of the Yinwei Court property management company is based on a fair and transparent tendering mechanism and adopts the best market price. This is in line with the practice of other HOS courts, including the Galaxy Court. According to the statistics, the Tianan Court, the Tai O Home Ownership Scheme application received in 2014, provided only 85 teams. The unit has a total area of 478 to 485 square meters. The management fee for each group is 2043 to 2073 yuan, and the management fee for each party is 4.27 yuan.