Housing
An NGO serving Hong Kong’s low-income residents has urged the government to delay the enforcement of a controversial waste charging scheme among disadvantaged tenants of “cage homes,” subdivided units and those in “three-nil” buildings. “Three-nil” buildings are generally those which lack an owners’ company, residents’ organisation or property management firm to manage the building. Alongside eight residents, the Society for Community Organisation (SoCO) went to the Legislative Council (LegCO) on Tuesday to lodge a complaint and spoke of residents’ concerns about the upcoming waste charging sc...
Hong Kong Free Press
Hong Kong’s housing minister has defended an estimated HK$4.39 billion price tag for managing 30,000 temporary flats which are planned for the city, saying this would cover maintenance, cleaning, and other amenities. The units will be part of the Light Public Housing (LPH) scheme, which aims to boost the city’s short-term housing supply by providing prefabricated flats that will be retired after five years of use. The bureau’s estimate amounts to operational costs of around HK$1,000 per month for each temporary unit. The scheme, announced in Chief Executive John Lee’s maiden policy address, ca...
Hong Kong Free Press
The owner of Hong Kong’s only privately-owned low-rental housing estate has applied to the court to order two residents to hand over their flats and rent allowances ahead of the estate’s planned redevelopment. The Hong Kong Settlers Housing Corporation, which owns Tai Hang Sai Estate, earlier filed a writ to the city’s District Court to order two residents to move out of their flats and hand over some HK$280,000 in allowances, according to local media. See also: As redevelopment looms, residents look back on life in Hong Kong’s only private low-rent housing estate Residents were given rent and...
Hong Kong Free Press
Hong Kong is axing all extra stamp duties from Wednesday onwards in a bid to revive the city’s housing market, finance chief Paul Chan has said following pressure to lift long-standing property cooling measures. “After prudent consideration of the overall current situation, we decide to cancel all demand side management measures for residential properties with immediate effect, that is, no Special Stamp Duty, Buyer’s Stamp Duty, or New Residential Stamp Duty needs to be paid for any residential property transactions starting from today,” Chan said in Cantonese as he delivered his annual Budget...
Hong Kong Free Press
The Hong Kong government will step up efforts to combat “rich tenants” in subsidised public housing units, vowing to check the value of tenants’ vehicles and whether they own property in the city or overseas. Housing chief Winnie Ho announced the enhanced initiatives in an interview with Beijing-backed newspaper Tai Kung Pao on Monday, saying that they were necessary because of a limited supply of public housing. The Housing Department had revised income and assets declaration arrangements and strengthened online monitoring to identify tenants who were illegally subletting their units. Since O...
Hong Kong Free Press
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