Flat-for-Sale Scheme
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Flat-for-Sale Scheme
Flat-for-Sale Scheme is a housing development scheme by Hong Kong Housing Society in 1980s. The flats under the scheme are for sale at a concessionary price. It is similar to Home Ownership Scheme by Hong Kong Housing Authority. The first estate was the Clague Garden Estate. See also *Hong Kong Housing Society The Hong Kong Housing Society or Housing Society for short, is the second largest public housing provider in Hong Kong (the first being the Hong Kong Housing Authority). The Society housed around 130,000 residents as of 2020. The Housing Societ ... References {{HongKong-stub ...
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Hong Kong Housing Society
The Hong Kong Housing Society or Housing Society for short, is the second largest public housing provider in Hong Kong (the first being the Hong Kong Housing Authority). The Society housed around 130,000 residents as of 2020. The Housing Society has been a dedicated housing provider in constantly identifying the housing needs of different sectors of the community and developing housing options attuned to their needs. Since its inception, a total of over 73,000 units have been built under different housing schemes, including Rental Estate, Rural Public Housing, Urban Improvement Scheme, Flat-for-Sale Scheme, Sandwich Class Housing Scheme, Full Market Value Development, Urban Renewal Project, Senior Citizen Residences Scheme, The Tanner Hill and Subsidised Sale Flats project. The society is a non-governmental organisation and non-profit organisation. The Chairman of the society is Walter Chan () and the Chief Executive Officer and Executive Director is Chan Yum-min (). History A ...
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Home Ownership Scheme
The Home Ownership Scheme (HOS) is a subsidised-sale public housing programme managed by the Hong Kong Housing Authority. It was instituted in the late 1970s as part of the government policy for public housing with two aims – to encourage better-off tenants of rental flats to vacate those flats for re-allocation to families in greater housing need; and also to provide an opportunity for home ownership to families unable to afford to buy in the private sector. Under the scheme, the government sells flats to eligible public housing tenants and to lower-income residents at prices below the market level, with discounts usually between 30 and 40 per cent. It restricts resale of the units in the second-hand market to other families who qualify or, on the open market, after payment of a premium equal to the updated value of the discount given on the original purchase. As an ancillary scheme, the Housing Authority also entered into arrangements with local private developers to provi ...
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Hong Kong Housing Authority
The Hong Kong Housing Authority (HA) is the main provider of public housing in Hong Kong. It was established in April 1973 under the Housing Ordinance and is an agency of the Government of Hong Kong. In the same year, the Resettlement Department and the Building Section of the Urban Services Department were merged to form the Housing Department, which acts as the Housing Authority's executive body. History The modern Housing Authority was founded in 1973. In 2005, most Housing Authority-owned shopping centres and car parks were controversially divested to The Link REIT. A citywide scandal erupted in 2015 after heavy metals were found in the water supply of some housing estates, schools, and private residential buildings. The contamination was first identified at Kai Ching Estate, opened in 2013. A task force found that the contamination was caused by solder joints with high lead content. Responsibilities Outside of public housing provision, the authority is also responsi ...
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Clague Garden Estate
Clague Garden Estate () is a Flat-for-Sale Scheme public housing estate in Tsuen Wan, New Territories, Hong Kong located on reclaimed land near Tsuen Wan Pier and MTR Tsuen Wan West station. It now consists of three residential buildings, built in 1989 by Hong Kong Housing Society. It offers 552 flats for rent and 926 under the Flat-for-Sale Scheme. Many early residents were resettled from the Four Seasons Estate, a nearby public housing estate that was demolished in 1990. Background The estate was named for Sir Douglas Clague, the ex-chairman of Hong Kong Housing Society and the former head of Hutchison International. It received a Certificate of Merit at the 1991 Hong Kong Institute of Architects Annual Awards. Politics Clague Garden Estate is located in Clague Garden constituency of the Tsuen Wan District Council. It was formerly represented by Chan Kim-kam, who was elected in the 2019 elections until July 2021. See also *Public housing estates in Tsuen Wan In publi ...
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