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…
Hongkongers under the age of 40 will be given an easier path to buy a subsidised home in the policy address to be unveiled on Wednesday, amid mounting concern about the city’s youth “lying flat” in a bid to get their own living space. Improving residents’ living conditions is expected to be a major focus…
Hong Kong authorities reclaimed about 15,500 public rental flats in the 2023-24 financial year, with close to a fifth resulting from mandatory declarations to tackle misuse of government resources, a senior housing official has revealed. Director of Housing Rosanna Law Shuk-pui said on Sunday that government checks on the income and assets of more than…
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…