New Green Form Housing Unit Selection Begins Next Tuesday
Crhk · 2 SOURCESabout 2 hours ago4 MIN
Summary
The Housing Authority announced that the new batch of Green Form Subsidized Housing (綠置居) will commence unit selection next Tuesday, with over 800 units at Shing Chi Court in Kowloon Bay available at 60% of market price . Eligible applicants will receive invitation letters or emails based on their application category priority and will select units at the designated sales office in Kwun Tong .
Key Points
- The Housing Authority will invite qualified applicants by letter or email according to application category priority to select units at the Kwun Tong Green Form Subsidized Housing Sales Office
- Shing Chi Court in Kowloon Bay offers 857 new units with usable areas ranging from approximately 280 to 469 square feet
- Units are priced between approximately HK$1.68 million and HK$3.54 million at a 60% discount to market value
- Starting tomorrow until the selection period ends, brochures and price lists for Shing Chi Court and Tenants Purchase Scheme recycled units will be available at the sales office
- Tenants affected by public housing demolition plans in Wah Fu Estate, Choi Hung Estate, Ma Tau Wai Estate, and Sai Wan Estate receive priority in unit selection
Why It Matters
This Green Form Subsidized Housing intake provides affordable homeownership opportunities for public housing tenants and waiting list applicants amid Hong Kong's persistently high property prices, with monthly mortgage payments for a typical unit estimated at around HK$11,500 . The priority given to tenants facing public housing demolition underscores the government's commitment to rehousing displaced residents through subsidized sale mechanisms.
This Green Form Subsidized Housing intake provides affordable homeownership opportunities for public housing tenants and waiting list applicants amid Hong Kong's persistently high property prices, with monthly mortgage payments for a typical unit estimated at around HK$11,500 . The priority given to tenants facing public housing demolition underscores the government's commitment to rehousing displaced residents through subsidized sale mechanisms.