Deadline Day Sees Final Rush Of HOS Flat Applications
"); jQuery("#212 h3").html("

"); });
2022-03-24 HKT 16:03
Aspiring homeowners have rushed to submit last-minute applications for subsidised Home Ownership Scheme flats, with Thursday the deadline for the latest batch of units up for grabs.
Nearly nine thousand flats are up for sale at seven projects in North Point, Kai Tak, Kwun Tong, Kowloon City, Sha Tin, Tseung Kwan O and Tung Chung.
The units are being sold at discounted prices of between HK$1.24 million and HK$5.31 million.
A woman in her 60s told RTHK she was trying her luck again after 20 failed attempts to get a subsidised home.
“I am not happy. There are people who managed to get their flats just after one try. I have tried 20 times,” the woman, who gave her surname as Choi, said.
Choi said she hopes the government will increase the supply of subsidised flats because not many people can afford private units.
Another man, who gave his surname as Wong, said he hopes to be able to move into a larger flat with his family.
“We have been planning to purchase a property, just waiting for an opportunity,” he said. “Even if the property prices fall, it’s not a problem because it’s not an investment but for self-use.”
As of 5pm on Thursday, the Housing Authority said it had received around 220,000 applications.
______________________________
Last updated: 2022-03-24 HKT 21:03
Alibaba Invests Over US$50 Billion To Drive AI And Cloud Expansion By 2028
Alibaba Group (9988.HK) revealed plans to invest over 380 billion yuan (US$52.44 billion) into its cloud computing and ... Read more
SFC IOSCO Asia-Pacific Meet-up Sets Roadmap For Sustainable And Secure Capital Markets
The Securities and Futures Commission (SFC) recently participated in a series of dialogues under the International Orga... Read more
WeLab Bank Accelerates AI Deployment With Deepseek To Enhance Efficiency
WeLab Bank has taken a significant step forward in its AI deployment strategy by exploring innovative solutions to enha... Read more
Fusion Bank Completes Core Banking System Migration In 10 Months With Tencent Cloud
Fusion Bank, a licensed digital bank in Hong Kong, has completed its migration to a new core banking system in collabor... Read more
Hong Kong Banks Can Begin Issuing Credit Cards In Mainland China From March 1
Hong Kong banks’ mainland credit cards will soon be available in mainland China, marking a significant step towards d... Read more
SFC Introduces ASPIRe Roadmap To Strengthen Virtual Asset Market In Hong Kong
The Securities and Futures Commission (SFC) outlined 12 key initiatives under the SFC virtual asset ASPIRe roadmap to e... Read more