Green Form Subsidised Sale Scheme 2025 Flat Selection Begins Next Tuesday
SingTao · 2 SOURCESabout 2 hours ago5 MIN
Summary
The Housing Authority announced that Green Form Subsidised Sale Housing Scheme 2025 (綠置居2025) will commence flat selection on August 25 at the Kowloon Tong sales office . The new development Shing Chi Court (盛緻苑) in Kowloon Bay offers over 800 units priced between HK$1.68 million and HK$3.54 million, representing a 40% discount to assessed market value . The scheme also includes approximately 120 resold Green Form units and 400 newly available Tenants Purchase Scheme recycled units .
Key Points
- Flat selection begins August 25 at the Housing Authority's Green Form Sales Office in Kowloon Tong
- Shing Chi Court in Kowloon Bay provides over 800 units with usable areas ranging from 280 to 469 square feet
- Unit prices span from HK$1.68 million to HK$3.54 million, sold at 60% of market value
- Tenants affected by announced public housing clearance schemes receive priority selection, including blocks in Wah Fu Estate, Choi Hung Estate, Ma Tau Wai Estate, and Sai Wan Estate
- Family applicants with elderly members or newborns receive 350配额 (quota spots, approximately 40% of new units), while single applicants receive 100配额 (about 10%)
- A mortgage example for a HK$2.7 million unit with 95% financing over 30 years at 3.5% interest results in monthly payments of approximately HK$11,500
- The three schemes launched simultaneously in April include Green Form 2025, Home Ownership Scheme 2025, and White Form Secondary Market Scheme 2025, with the latter to follow in Q4 2026
Why It Matters
The Green Form Scheme provides a crucial stepping stone for public housing tenants seeking home ownership, with the Kowloon Bay location offering convenient access to transportation and amenities . This initiative aligns with the Housing Authority's goal of facilitating upward mobility for eligible public housing residents through subsidised purchase opportunities .
The Green Form Scheme provides a crucial stepping stone for public housing tenants seeking home ownership, with the Kowloon Bay location offering convenient access to transportation and amenities . This initiative aligns with the Housing Authority's goal of facilitating upward mobility for eligible public housing residents through subsidised purchase opportunities .