Green form scheme gets tepid response
The latest batch of flats at a Diamond Hill housing estate targeting public housing tenants received a lukewarm response on the last day of applications, with no one making a last-minute dash to the Housing Authority's office before the deadline. It is understood that only 60 applicants...
Friday, June 11, 2021
The latest batch of flats at a Diamond Hill housing estate targeting public housing tenants received a lukewarm response on the last day of applications, with no one making a last-minute dash to the Housing Authority's office before the deadline.
It is understood that only 60 applicants submitted their applications yesterday as of 4pm, and only a few applicants were seen handing in their applications half an hour before applications closed at 7pm.
At the authority's office, where people were visiting the housing project's display model, some asked staffers about applications upon learning that it was the last day to submit them.
A total of 2,112 flats at Diamond Hill's Kai Chuen Court are on offer under the scheme, along with resale flats from last year's scheme, which include 516 flats at Ching Fu Court in Tsing Yi and seven units from Dip Tsui Court in Chai Wan.
The latest batch of flats at Kai Chuen Court range between a sellable area of 184 to 481 square feet and sold at half the market price, with prices ranging between HK$1.8 million and HK$3.85 million, or HK$7,390 per sq ft on average.
As flats under the Green Form scheme are eligible for a 95 percent mortgage, buyers can opt to pay as little as HK$59,000 in down payments for a flat in the new Diamond Hill estate. It is expected that ballots will be drawn in July or August and flat selection may happen as early as September.
One of the applicants, Pang, who is living in public rental housing with his wife, said his daughter offered to pay over half of the flat's price to improve their living environment, as they are getting old.
But he added that he does not have a preference as to which estate he is going to choose, saying he is keeping calm over the matter: "I will think about it if I really am among the successful applicants, [but] how could I possibly be that lucky [to be drawn]?"
Another applicant, Lau, who currently lives in Tai Po, said she prefers Kai Chuen Court, as her child is studying in a primary school in the same district.
"But my child will be entering secondary school soon, so I want my child to study in a Diamond Hill secondary school, as secondary schools in urban areas are better," Lau said.