Social News
Written by: Chen Jiahui
2020-09-11 07:30
Last update date: 2020-09-11 07:30
Home Ownership Scheme 2020 will start accepting applications today (10th). Four housing estates will be launched in this phase, including Kai Cheung Court in Diamond Hill, Choi Wo Court in Fotan, Kam Chun Court in Ma On Shan and Lai Court in Fanling Shan. 4,871 units are on sale for 50% off. unit.
In recent years, property prices have been high, and HOS flats have attracted a large number of people who are interested in buying a car to apply for subscription. For example, the HOS flats were oversubscribed by 62.4 times last year, and the overall winning rate was only 1.58%.
Among them, there are many white form applicants, and it can be said that they want to win the HOS lottery. Last year, the white form oversubscription rate reached 106.6 times, and the green form applicants were relatively small, with about 18.3 times oversubscription.
The proportion of white form applicants in this issue has been raised to 60%, which is good news for white form applicants.
However, the HOS flats that Hong Kong people are flocking to are not in demand in the past.
Looking at the sales information of new HOS flats over the past 20 years, the winning rate of the last phase of HOS flats before the suspension of sales in 2002 was as high as 47.9%. At that time, the green form winning rate was as high as 92.2%. The situation is far different.
The new phase of HOS applications that were postponed due to the epidemic finally started accepting applications on the 10th of this month. The four housing estates include Kai Cheung Court in Diamond Hill, Choi Wo Court in Fo Tan, Kam Chun Court in Ma On Shan and Lai Court in Fanling Shan. A total of 4,871 units with a 50% to 90% discount were put on sale at prices ranging from 1.23 million to 5.13 million.
In recent years, property prices have been so high that many people regard HOS flats as their first choice for "car", and they often oversubscribe for dozens of times.
▼On-site shooting of the four major housing estates of the new HOS ▼
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Looking back at the number of HOS applications and sales in the past 20 years, the success rate (number of units/number of applications) of HOS flats launched by the government from 1998 to 2002 ranged from 13% to 48%, compared with only 1.58% to 5 in recent years. The winning rate of% is far behind.
However, due to the large number of white form applicants, for example, in 2019, there were only about 2,435 HOS green and white form units (excluding tail units), while the number of white form applications was as many as 262,000, which was oversubscribed by 106.6 times and the winning rate was less than 1. %, only 0.9%, can be described as "sad in the Mark Six".
▼Oversubscription data of HOS flats that have been unsalable over the years▼
In the past few years, the ratio of green and white form units has been between five and five. This is the first time that the ratio of white form units for HOS flats has been raised to 60%. This is good news for white form applicants. However, whether the award will be reduced depends on the number of HOS flats in this phase. Popularity.
"Eighty five thousand" makes Hong Kong people "hear the discoloration of HOS flats", the Hong Kong government has suspended the sale of HOS flats
Back in the year 2000, Hong Kong's economic environment was very poor, which dragged down the property market and the HOS market. Coupled with policy factors such as "85 thousand", Hong Kong people could be said to have "heard of HOS housing changes."
In 2002, the "Twenty-four Phase A" HOS was only oversubscribed by 1.1 times, and the winning rate was as high as 47.9%.
The three HOS estates in this phase, including Shatin Yu Chui Court Phase II, Tai Wai Ka Keng Court, and Lam Tin Lei On Court Phase 1, totaled 2,451 units for sale, but only 36% of the units were eventually sold. 2000 units were not sold, and the government decided to suspend the sale of HOS flats.
The green form winning rate in this period is as high as 92%, almost immediately after the submission of the form, the white form winning rate also reached 27.8%; compared with the green and white form winning rates of only 5.2% and 0.9% last year, it can be described as a world of difference. It reflects that property prices have been too high in recent years, making it impossible for the public to afford private housing. They can only flock to the HOS market and rely on luck to get into the car and buy property.
In 2002, the second phase of Yu Chui Court and Ka Keng Court in Tai Wai had a high proportion of leftovers
In fact, from 1999 "Twenty-one Phase A" to the last HOS "Twenty-four Phase A" before the suspension of sales in 2002, six consecutive phases of HOS flats were "surplus", and the number of unsold units ranged from Between 610 and 3,319.
Proportionally, the "Twenty-four Phase A" Yu Chui Court Phase II, Tai Wai Ka Keng Court, and Lam Tin Lei On Court Phase I had the highest unsold proportions, reaching 64% (see figure below).
From 2003 to 2014, the Housing Authority maintained that only the end of the HOS flats (the remaining HOS flats) were sold.
However, as property prices deviate more and more from the acceptable range of ordinary people, the call for resale of HOS flats has gradually increased.
The re-sale of HOS white forms in 2014 was oversubscribed by 140.9 times
Finally at the end of 2014, the first phase of resale HOS flats began to accept applications, and the oversubscription ratio soared to 61.5 times, and about 63 people competed for a unit.
Among them, the competition for white form applicants is even more intense, with oversubscription of 140.9 times and the chance of winning only 0.7%. This is the most competitive HOS scheme since 1998.
As for the newly completed HOS flats in 2019, the overall oversubscription was 62.4 times, the most in history. Among them, the green form was oversubscribed by 18.3 times and the white form was oversubscribed by 106.6 times.
However, in the case of the epidemic and the deteriorating economic environment, the sales of HOS flats in 2019 are not as expected. The house selection period has lasted for more than half a year since the beginning of this year. During the period, the house selection was suspended twice due to the epidemic. Although all units were sold during the sales period, However, many of the lucky winners did not show up to pick the building, with a rejection rate of nearly 60%, and 17 units were booked.
▼Sales brochure, compartment and building model▼
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01Data HOS 2020