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February 3, 2026
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Tag: Home Ownership Scheme

Tai Wo Estate, under TPS, was built in 1989. Photo: Winson Wong

    Opinion | Hong Kong must fix Tenants Purchase Scheme’s flaws before any relaunch

    3 days ago03 mins

    When Hong Kong’s Housing Authority launched the Tenants Purchase Scheme (TPS) in 1998, it embodied the city’s aspiration of home ownership for all. Then the chief executive, Tung Chee-hwa, envisioned public housing tenants buying their flats at a discount, transforming renters into homeowners. That year, the first batch of 25,000 flats was rolled out. In…

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    Hong Kong Housing Authority members urge clarity on Tai Po rental site swap

      Hong Kong Housing Authority members urge clarity on Tai Po rental site swap

      2 weeks ago02 mins

      Members of Hong Kong’s Housing Authority have urged the government to clarify how a proposal to resettle residents displaced by the deadly Wang Fuk Court fire in Tai Po at a site designated for public rental flats will not impact the thousands currently on the waiting list. They made the call on Monday during a…

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      Prospective homebuyers are seen at Early Light International’s sales office during the launch of the second phase of the Gold Coast Bay residential project in Tuen Mun on November 15, 2025. Photo: Dickson Lee

        Hong Kong home sales hit 6-month high in December on demand for affordable units

        4 weeks ago03 mins

        Hong Kong’s residential property market closed 2025 on a strong note, with transactions climbing to a six-month high in December, fuelled by demand for low-priced units even as values fell. A total of 5,883 deals were completed last month, up 5.3 per cent month on month and an increase of 43.4 per cent year on…

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        Prospective homebuyers are seen at Early Light International’s sales office during the launch of the second phase of the Gold Coast Bay residential project in Tuen Mun on November 15, 2025. Photo: Dickson Lee

          Hong Kong home sales hit 6-month high in December on demand for affordable units

          4 weeks ago03 mins

          Hong Kong’s residential property market closed 2025 on a strong note, with transactions climbing to a six-month high in December, fuelled by demand for low-priced units even as values fell. A total of 5,883 deals were completed last month, up 5.3 per cent month on month and an increase of 43.4 per cent year on…

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          Hong Kong welcomes 6 babies into world in first hour of New Year’s Day

            Hong Kong welcomes 6 babies into world in first hour of New Year’s Day

            1 month ago02 mins

            Three girls and three boys were born in Hong Kong’s public and private hospitals in the first hour of New Year’s Day. The CUHK Medical Centre, a private teaching hospital owned by Chinese University, delivered the city’s first baby of 2026 at 12am. The newborn is a boy and his family’s first child. Two minutes…

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            Residents at Tin Ping Estate in Sheung Shui collect water from water tanks provided by Water Supplies Department. Photo: Eugene Lee

              Hong Kong water pipe leak leaves 3,000 households dry during winter solstice

              1 month ago03 mins

              Nearly 3,000 households and 34 shopping centre tenants in a northern Hong Kong district were left without fresh water during one of the most important family-gathering festivals, as the water authority apologised and rushed to restore supply. The Water Supplies Department said the fresh water supply to On Shing Court, Tin Ping Shopping Centre, and…

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              Hong Kong logistics group’s CEO buys US$17 million home as wealthy accumulate assets

                Opinion | Home ownership is key to Hong Kong rebuilding civic trust

                2 months ago04 mins

                This month’s Legislative Council election once again put Hong Kong’s political participation in the spotlight. Despite official calls for civic engagement and a modest improvement over the previous election, voter turnout remained historically low. Among younger voters in particular, a sense of distance from institutional politics was palpable. This was not simply a matter of…

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                Hong Kong to offer 9,783 new subsidised flats from HK$1.5 million next year

                  Hong Kong to offer 9,783 new subsidised flats from HK$1.5 million next year

                  2 months ago02 mins

                  Hong Kong housing authorities will sell more than 9,700 new subsidised flats sized at least 280 sq ft under two separate schemes next year at prices as low as HK$1.5 million (US$193,000), the Post has learned. Insiders said on Wednesday that the Housing Authority, the city’s main public housing provider, would offer 9,783 new subsidised…

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                  ‘Fresh start’: Hong Kong urged to fast-track buy-back of fire-hit Wang Fuk Court

                    ‘Fresh start’: Hong Kong urged to fast-track buy-back of fire-hit Wang Fuk Court

                    2 months ago02 mins

                    The Hong Kong Institute of Surveyors has called on the government to introduce dedicated legislation and a new statutory body to fast-track the buy-back of Wang Fuk Court flats after the deadly fire, clearing the way for residents’ resettlement. Former president of the institute Chiu Kam-kuen, now chairman of its Housing Policy Panel, estimated that…

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                    Opinion | Transparency, accountability essential after Tai Po fire as Hong Kong heals

                      Opinion | Transparency, accountability essential after Tai Po fire as Hong Kong heals

                      2 months ago03 mins

                      One way or another, the aftermath of the tragic Tai Po fire is going to dominate Hong Kong’s political life throughout the coming year, possibly for the whole of the new Legislative Council term. In the closing stages of the recently completed election, candidates pledged their support for recovery efforts. There is no reason to…

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