940:
public housing units, owners are allowed to obtain a certificate from the
Housing Authority to place their homes in the HOS Secondary Market, without paying the subsidised land premiums (normally 35–50 per cent discount to the prevailing market). Owners who have sold their HOS public housing units will no longer be eligible for any form of public housing. In general, they are allowed after five years to apply to place their homes in the HOS Secondary Market without paying subsidised land premium, or to apply for removal of sale restrictions by first paying the full subsidies and the land premiums to the Housing Authority, as decided by the Director of Housing.
910:
sales of HOS flats would not exceed 9,000 a year up to 2005–06, subject to the continuing need to avoid competition with the private sector residential market. Thereafter, they expected more radical cuts in the HOS programme. The
Housing Authority started to offer surplus HOS flats for sale in batches until 2011. In 2011, the government announced the Home Ownership Scheme again because of the aspiration for home ownership. Over 460,000 subsidised housing flats have been sold until now.
754:
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964:. In 2004, the consortium announced the demolition of these buildings to make way for luxury apartments, which was met by public outcry over the needless destruction of "perfectly good buildings" to satisfy "corporate greed". In an unprecedented about-turn, the developers withdrew the plan on 10 December 2004. The buildings were substantially renovated instead.
815:. 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.
902:
In 1987, forecasting that the demand for home-ownership was on the rise, the
Government launched a plan to redevelop the older housing estates, and introduced a greater choice of apartments available for purchase by public housing tenants. A Home Purchase Loan Scheme was introduced with, initially, a
943:
In 2002, developers complained of weakness in property prices, claiming the housing marketplace was largely distorted by excessive unfair competition from schemes such as the HOS. It was pointed out that a public rental tenant moving into a second-hand HOS flat would receive three lots of subsidies.
818:
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
939:
Public housing units in Home
Ownership Scheme housing estates are subject to sale restrictions under the Housing Ordinance. The Home Ownership Scheme Secondary Market is only open to eligible low-income residents and low-income tenants of rental public housing. Three years after being assigned HOS
850:
In 1953, a fire broke out in the Shek Kip Mei squatter area. Over 53,000 people were homeless after the fire. The government started to build resettlement blocks to house the victims. The government announced a Ten- year
Housing Program and established the Hong Kong Housing Authority to manage the
909:
On 3 September 2001, Dr. Michael Suen Ming Yeung, the Chief
Secretary, announced that the Home Ownership Scheme would be stopped. The Housing Authority stopped sale of HOS and PSPS flats for ten months until end of June 2002. Donald Tsang, the Chief Secretary for Administration announced that the
944:
Government halted the PSPS, developments which were in progress at the time were either transformed into public housing, or sold off to private developers. Construction of new HOS estates was suspended in
November 2002, and it was also announced that the TPS would end.
930:
in Sha Tin was delayed as it had to be demolished and rebuilt at an estimated cost of HK$ 250 million. The Wai Kee Group was implicated, and some of its companies were delisted from
Government projects following the publication of the Strickland Report.
819:
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 provide property for sale under the
851:
public housing. From 1978 to 2003, the government ran the Home
Ownership Scheme for PRH residents and low&middle income families. The first such plan was launched in 1978 and the first batch of flats became available in 1980, the first estates being
841:
The Hong Kong government announced the resumption of the HOS programme in 2011 in response to public discontent over the territory's high housing prices. A new series of HOS estates were inaugurated in 2017, and more are under construction.
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families whose incomes exceeded the Home Ownership Scheme requirements, but still had trouble affording private housing. In 2002, falling real estate values led the government to pause the construction of new Home Ownership Scheme estates.
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In December 1991, there was a huge rush to buy 6,452 Housing Authority properties in 17 projects. Flats were to be sold at a discount of 40 per cent, the most attractive for several years.
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built by New World Development and Sun Hung Kai Properties, was sold for a below-market land premium of HK$ 864 million to
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quota of 2,000 loans of HK$ 50,000 interest-free to make the downpayment on their new private-sector homes.
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926:, and a censure for housing director Tony Miller. The construction of 2 blocks of
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Between 1995 and 2000, the Hong Kong Housing Society also offered the
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scandal which resulted in the resignation of Housing Authority chief
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1082:, Ng Kang-Chung, South China Morning Post, 18 December 1991
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153:, a public housing estate of the Home Ownership Scheme in
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1048:"60 Years of Public Housing Development in Hong Kong"
93:
1013:"Hong Kong says to resume subsidised housing scheme"
1256:"Legislation to block flats demolition ruled out"
974:List of Home Ownership Scheme courts in Hong Kong
947:
1510:
1254:Colum Murphy and Sylvia Hui (3 December 2004).
1091:
27:Public housing ownership programme in Hong Kong
1363:
1122:"Public Housing in the Era of Sustainability"
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63:
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1285:Ng, Michael & Teddy (11 December 2004).
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1320:Information by Hong Kong Housing Authority
1173:Shackles off ... it's time for real reform
960:, who subsequently sold off half share to
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1005:
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1287:"Demolition of Hung Hom flats scrapped"
918:In 2000, the scheme was caught up in a
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1094:"A statement on Home Ownership Scheme"
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1080:Big rush for new release of HOS flats
1002:
1498:List of Home Ownership Scheme Courts
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1410:Housing Authority Exhibition Centre
1140:"Firm to be sued for piling faults"
1064:$ 20b plan to solve housing problem
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18:Private Sector Participation Scheme
1325:"History of Home Ownership Scheme"
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363:Affordability in the United States
130:Geoi1 ze2 jau5 kei4 uk1 gai3 waak6
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993:Discount of 37 pc for flat buyers
952:One PSPS project, the 2,470 flat
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1198:"In search of a homes revival"
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948:Hung Hom Peninsula controversy
116:Gēui jé yáuh kèih ūk gai waahk
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1186:(Hong Kong), 14 November 2002
1066:, To Chi-hak & Esme Lau,
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831:Sandwich Class Housing Scheme
1329:City University of Hong Kong
1228:In search of a homes revival
1138:Kwok, Lilian (4 July 2000).
723:Residential treatment center
7:
1293:. Hong Kong. Archived from
1262:. Hong Kong. Archived from
1204:. Hong Kong. Archived from
1146:. Hong Kong. Archived from
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813:Hong Kong Housing Authority
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1070:(Hong Kong), 9 April 1987
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997:South China Morning Post
668:Healthy community design
45:Traditional Chinese
1465:Private housing estates
962:Sun Hung Kai Properties
807:) is a subsidised-sale
59:Simplified Chinese
1031:"Housing for Millions"
423:Housing discrimination
393:Environmental security
172:
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95:Jū Zhě Yǒu Qí Wū Jìhuà
1519:Home Ownership Scheme
1493:My Home Purchase Plan
1488:Home Ownership Scheme
1092:Hon Donald Tsang JP.
958:New World Development
801:Home Ownership Scheme
618:Alternative lifestyle
563:Real estate investing
558:Real estate economics
548:Real estate appraisal
286:Mixed-use development
164:
149:
35:Home Ownership Scheme
1379:Housing in Hong Kong
1127:. Housing Authority.
1053:. Housing Authority.
1036:. Housing Authority.
824:Participation Scheme
728:Retirement community
713:Psychiatric hospital
521:Society and politics
1233:22 May 2011 at the
1178:22 May 2011 at the
299:(travellers' hotel)
1400:Housing Department
1019:. 11 October 2011.
954:Hung Hom Peninsula
835:lower middle class
759:Housing portal
738:Supportive housing
553:Real estate bubble
473:Subsidized housing
438:Housing inequality
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1334:Hong Kong Place,
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448:Luxury apartments
368:Executive housing
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82:Standard Mandarin
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543:Rapid Re-Housing
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468:Subprime lending
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1171:Stephen Brown,
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1297:on 22 May 2011
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1336:(in Chinese)
1299:. Retrieved
1295:the original
1291:The Standard
1290:
1280:
1268:. Retrieved
1264:the original
1260:The Standard
1259:
1249:
1242:
1239:The Standard
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1226:Paris Lord,
1222:
1210:. Retrieved
1206:the original
1202:The Standard
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1184:The Standard
1183:
1152:. Retrieved
1148:the original
1144:The Standard
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1104:. Retrieved
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1068:The Standard
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924:Rosanna Wong
920:short-piling
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885:Sui Wo Court
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698:Nursing home
583:Rent control
483:architecture
478:Sustainable:
413:Homelessness
403:Fair housing
157:, Hong Kong
155:Tin Shui Wai
151:Tin Fu Court
89:Hanyu Pinyin
29:
648:Foster care
588:Rent strike
488:development
408:Healthiness
333:Shanty town
288:(live-work)
281:Condominium
1513:Categories
1212:29 January
1154:29 January
980:References
881:Ho Man Tin
857:Kwai Chung
658:Group home
643:Ecovillage
638:Eco-cities
251:Green home
170:Ma On Shan
1524:Ownership
1301:10 August
1270:10 August
865:Kwun Tong
703:Orphanage
688:Log house
568:Redlining
318:Flophouse
231:Apartment
1231:Archived
1176:Archived
968:See also
897:Aberdeen
873:Chai Wan
826:(PSPS).
678:Hospital
628:Boomtown
508:Vagrancy
398:Eviction
383:planning
276:Tenement
246:Ecohouse
236:Bungalow
226:terraced
216:detached
180:a series
178:Part of
124:Jyutping
1426:Defunct
1393:Current
1343:part II
1331:website
1017:Reuters
889:Sha Tin
846:History
266:I-house
241:Cottage
65:居者有其屋计划
51:居者有其屋計劃
1481:Scheme
1339:part I
1106:5 June
935:Resale
708:Prison
493:living
458:Permit
388:racism
378:design
351:Issues
303:Castle
297:Hostel
1446:Types
1125:(PDF)
1101:LEGCO
1097:(PDF)
1051:(PDF)
1034:(PDF)
611:Other
598:YIMBY
538:NIMBY
338:Villa
323:Shack
313:Squat
292:Hotel
271:Ranch
212:House
1470:List
1458:List
1303:2008
1272:2008
1214:2007
1156:2007
1108:2002
891:and
833:for
799:The
463:Rent
328:Slum
205:Main
895:in
887:in
879:in
871:in
863:in
855:in
805:HOS
168:in
1515::
1341:,
1327:,
1289:.
1258:.
1237:,
1200:.
1182:,
1164:^
1142:.
1099:.
1015:.
1004:^
995:,
899:.
883:,
875:,
867:,
859:,
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182:on
1371:e
1364:t
1357:v
1305:.
1274:.
1216:.
1158:.
1110:.
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781:t
774:v
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