Kai Tak HOS project draws brisk first-day demand
HK01 · 4 SOURCESabout 1 hour ago5 MIN
Summary
Flat selection for HOS 2025 started on 21 October at the Hong Kong Housing Authority Customer Service Centre in Lok Fu, covering five new projects and about 400 re-sale flats. Among them, Kai Yeung Court in Kai Tak drew the most attention because of its location near Sung Wong Toi Station and nearby retail and sports facilities. Reports said the priciest “king flat” at the estate, a high-floor sea-view unit, sold within half an hour for more than HK$4.8 million, while other higher-floor units were also taken up quickly. One successful buyer said he chose a mid-level unit there despite the higher price, calling it expensive but still reasonable for an urban HOS flat.
Key Points
- HOS 2025 is offering nearly 7,000 new flats across Kai Yeung Court, Ying Fai Court, Wui Hei Court, Long Fung Court and Yu Fung Court, plus about 400 re-sale units.
- Saleable areas range from 281 to 560 square feet, with prices from about HK$1.5 million to HK$4.8 million at 30% below market value.
- Buyer Sin (冼先生), applying under the Families with Elderly Priority Scheme, picked a 22nd-floor Kai Yeung Court flat and said transport links made the higher price acceptable.
- Another buyer, Wong, said her five-member family now lives in a roughly 300-square-foot public rental flat and hoped to buy a larger Kai Yeung Court unit.
- A public-housing tenant affected by the well-off tenant policy said he could not afford Kai Yeung Court and was more interested in Wui Hei Court in Kam Tin
Why It Matters
The first day’s buying pattern shows how strongly transport access and urban location continue to shape demand for subsidised home ownership in Hong Kong. It also underlines the affordability gap within the HOS market, with some households stretching for city units while others are pushed toward cheaper outlying options.