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Flat selection for the Sale of Home Ownership Scheme (HOS) will commence from next Thursday (May 29), according to the Housing Authority (HA).
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The authorities announced on Wednesday that they received nearly 106,000 applications for the scheme, comprising around 78,000 White Form and 28,000 Green Form submissions, far exceeding the quota by 14 times.
Flats for sale include a total of 7,132 flats from five new developments in Kai Tak, Yau Tong, Kwun Tong, Tuen Mun, and Tung Chung, and about 300 rescinded flats sold under HOS in the past years.
Meanwhile, A new batch of about 400 recovered Tenants Purchase Scheme (TPS) flats will also be included.
The average flat selling price is set at 70 percent of the assessed market values, ranging from HK$1.43 million to HK$4.67 million for those in the five new HOS developments, with an average selling price of about HK$2.7 million.
The sequence of priority for flat selection by eligible applicants will be determined by the application category, quota allocation, and ballot results.
The authorities will invite eligible applicants in batches to select flats at the Housing Authority Customer Service Centre in Lok Fu via mail or email, a spokesperson for the HA said.
In addition, the HA will set a quota of 2,900 flats for families applying under the Priority Elderly Scheme and the newly introduced Priority Newborns Scheme, and a quota of 700 flats has been set for one-person applicants.
