New Home Owners will pick up the floor next Thursday

The Housing Authority launched a total of 309,000 new HOS estates in May this year

It has received a total of 309,000 applications and oversubscribed 62 times. It has been plunged in August. According to sources, the Housing Authority will issue a letter today to invite applicants for this phase of home ownership to pick up their flats starting next Thursday (21st). Some members of the Housing Authority have estimated that due to the recent social sentiment and the economic downturn, there may be more applicants for green forms to abandon the selection of flats.

The new HOS flats in this phase involve 6 new estates in the urban or extended urban areas. They provide a total of 4,871 flats. They have been the largest since the re-sale of HOS flats in 2014. The general area of ​​the unit is from 276 to 568 square meters. The Housing Authority proposes to sell at a market price of 50% and sell for 1.56 million to 5.29 million yuan.

Social atmosphere affects home ownership

The Chairman of the Housing Authority and the Director-General of the Public Housing Association, Mr Kwok Kwok-wai, said that due to the recent social sentiment and the economic downturn in Hong Kong, it is estimated that some applicants for Green Forms in the current housing estates may be drawn. Abstaining, not picking up the building, because they still have the option to launch a new green listing plan for next month; but for the white form applicants, he believes that the impact is not great, because many white watchers face housing demand The problem is that the current price of the home in the urban area can also be afforded.

Looking at the sales of new HOS flats in recent years, the HOS and subsidised flats jointly promoted by the HA and the HKHS in 2016 were affected by the property market downturn

Among the 61 prospective purchasers who were invited to pick up their flats on the first day, only 36 The arrival of the people, that is, nearly 40% of the prospective purchasers, “the bottom of the market”; and only one 31% of HOS flats were sold after one month of picking up the flats. The Housing Authority has accelerated the sale of flats and then increased the number of daily picking flats to 140. many.

The Chairman of the Housing Authority’s Subsidised Housing Unit, Mr Wong Wai-fai, said that the current HOS flats were priced with reference to the market price of the same districts as of mid-February. In recent months, the property prices have fallen. The HA will update the property prices to the end of last month. The discount rate may be adjusted but the price remains the same. Zhao Guowei estimates that the discount rate may be adjusted to 62% or 63%.


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