Private Sector Participation 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 provid ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tin Fu Court
Tin Fu Court () is a Home Ownership Scheme court developed by the Hong Kong Housing Authority in Tin Shui Wai, New Territories, Hong Kong, near Tin Yan Estate, Tin Yat Estate, Tin Yuet Estate, Light Rail Tin Fu stop and Tin Sau Road Park. It comprises 16 residential blocks completed in 2001 and 2007 respectively. History Short piling scandal In 1999, the piles of Block J (Chui Fu House) were found to be shortened by up to seven meters compared with the standard requirement. Foundation strengthening works was then carried out in the block and completed in 2002. It was resold to the public in 2007. Houses Demographics According to the 2016 by-census, Tin Fu Court had a population of 14,766. The median age was 40.8 and the majority of residents (96.7 per cent) were of Chinese ethnicity. The average household size was 3 people. The median monthly household income of all households (i.e. including both economically active and inactive households) was HK$28,000. Politics Tin Fu C ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sui Wo Court
Sui Wo Court ( Chinese: 穗禾苑) is one of the first estates under Home Ownership Scheme. It is located in Fo Tan, Sha Tin District, Hong Kong. Built in 1980, it is located on a mountain above Wo Che and east of central Fo Tan, northwest of Sha Tin. The court was designed by Palmer and Turner and received a Silver Medal at the 1981 Hong Kong Institute of Architects Annual Awards. The scenery of Sha Tin and Tolo Harbour is visible from the estate. Blocks Completed in 1980, it offers 3,501 flats for sale. It consists of 9 blocks of non-standard type: * Block A - Fung Yue House * Block B - Fung Yat House * Block C - Fung Lin House * Block D - Hing Wan House * Block E - Hing Sing House * Block F - Hing On House * Block G - Wing Mau House * Block H - Wing Cheung House * Block J - Wing Hing House Floor area of Flats ranged from 43 – 65 m2 with saleable area between 38 – 57 m2. Its initial sale price was between 100,200 and 252,700 Hong Kong dollar The Hong Kong dol ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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City University Of Hong Kong
City University of Hong Kong (CityU) is a world-class public research university located in Kowloon Tong, Hong Kong. It was founded in 1984 as City Polytechnic of Hong Kong and became a fully accredited university in 1994. Currently, CityU is one of the top 100 universities in the world. The university has nine main schools offering courses in business, science, engineering, liberal arts and social sciences, law, and veterinary medicine, along with Chow Yei Ching School of Graduate Studies, CityU Shenzhen Research Institute, and Hong Kong Institute for Advanced Study. History City University's origins lie in the calls for a "second polytechnic" in the years following the 1972 establishment of the Hong Kong Polytechnic. In 1982, Executive Council member Chung Sze-yuen spoke of a general consensus that "a second polytechnic of similar size to the first should be built as soon as possible." District administrators from Tuen Mun and Tsuen Wan lobbied the government to build th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Home Ownership Scheme Courts In Hong Kong
This is a list of Home Ownership Scheme (HOS) and Private Sector Participation Scheme (PSPS) Estates in Hong Kong. Estates of Green Form Subsidised Home Ownership Scheme (GFSHOS) and My Home Purchase Plan (MHPP) are also shown in the lists. They are housing estates sold by Hong Kong Housing Authority (HKHA) and Hong Kong Housing Society. Central and Western District, Wan Chai District *nil Eastern District Southern District Yau Tsim Mong District Sham Shui Po District Kowloon City District Ho Man Tin Kai Tak Hung Hom Wong Tai Sin District Kwun Tong District Sai Kung District Sai Kung Tseung Kwan O Kwai Tsing District Kwai Chung Tsing Yi Tsuen Wan District Tuen Mun District Yuen Long District Yuen Long Town Tin Shui Wai Ping Shan North District Fanling Sheung Shui Tai Po District Sha Tin District Sha Tin, Tai Wai and Fo Tan Ma On Shan Islands District See also *Home Ownership Scheme * Private Sector ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sun Hung Kai Properties
Sun Hung Kai Properties Limited (SHKP; ) is a listed corporation and the largest property developer in Hong Kong as of 2019. The company is controlled by the Kwok family trust, largely the Kwok brothers. The Kwok family trust was set up by Kwok Tak-seng, who co-founded the company. History Early years The group was one of many non-British owned companies that overtook the British trading companies or ' hongs' that dominated the financial order in Hong Kong prior to 1997. The predecessor of the group, Sun Hung Kai Enterprises Co., Ltd. (), was founded in 1963 by Kwok Tak-seng, together with Fung King-hey and Lee Shau Kee. The current legal person of the holding company of the group, Sun Hung Kai Properties Limited, was incorporated on 14 July 1972 and was listed on the Hong Kong stock exchanges on 23 August 1972. In 1973, SHKP acquired Hong Yip Service Company Limited. In 1977, SHKP moved its head office to Connaught Centre, Central (now known as Jardine House). In 1978, SH ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |