Well-off Hong Kong public housing tenants should be given priority to buy subsidised homes as an incentive to move up the housing ladder, a lawmaker and a concern group have said, after authorities announced a plan to increase rent and evict wealthier households. Lawmaker Lo Wai-kwok, a member of the Legislative Council’s housing panel, on…
Well-off Hong Kong public housing tenants should be given priority to buy subsidised homes as an incentive to move up the housing ladder, a lawmaker and a concern group have said, after authorities announced a plan to increase rent and evict rich households. Housing panel lawmaker Lo Wai-kwok on Monday called on authorities to offer…
About 30 per cent of Hongkongers would decline a pay rise to meet eligibility rules for public housing, a poll has found, while many of those who want to own a flat called for government subsidies as they can only afford a home that costs HK$3 million or less. The Federation of Public Housing Estates…
New and expecting mothers are among those competing to buy a Hong Kong home in the first round of subsidised flat sales since a scheme was revamped to encourage families to have children by providing them priority access to the purchases. Applications for the Home Ownership Scheme opened on Thursday, with those eligible entering a…