Tenants Purchase Scheme – Charm

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

2 months 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…

Hong Kong’s John Lee tipped to relaunch public housing sale scheme for tenants

Cs news6 months ago02 mins

Hong Kong’s leader is expected to relaunch a scheme allowing public flat tenants to buy their homes as part of his policy address, but observers have raised concerns about settling property management disputes and called for a review of the subsidised housing regime. Insiders told the Post on Friday that Chief Executive John Lee Ka-chiu’s…