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The number of public housing HOS units completed decreased by 20% last year and the original forecast target was not recovered until four years later

2020-05-07T10:03:37.623Z


The waiting time for public housing is as long as 5.4 years, and many grassroots living conditions are in dire straits. According to the latest forecast of the HA, the number of public rental housing or green houses completed in 2019/20 is only about 10,100 units, and the number of subsidized houses for sale has also been reduced to 3,000 units. It was only in 2023/24 that the original target of the HA was recovered.


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Written by: Wang Jieen

2020-05-07 17:50

Last update date: 2020-05-07 17:50

The waiting time for public housing is as long as 5.4 years, and many grassroots living conditions are in dire straits. According to the latest forecast of the HA, the number of public rental housing or green houses completed in 2019/20 is only about 10,100 units, and the number of subsidized houses for sale has also been reduced to 3,000 units. It was only in 2023/24 that the original target of the HA was recovered.

The housing construction plan for 2019/20 was only 13,100 units, a 20% reduction. (Profile picture)

19/20 completion volume reduced by 20%

According to the latest figures of the HA, the number of completed public rental housing or green houses in 2019/20 is only about 10,100 units, which is a significant decrease of about 3,000 units from the 13,000 units predicted last year. From 4,400 units to 3,000 units, a decrease of about 1,400 units.

In other words, the housing construction plan for the year was only 13,100 units, a 20% reduction.

Only recovered in 2023/24

The number of completions has suddenly dropped, and will not be recovered until 2023/24. According to the latest figures, the number of completions for the year increased from 24,000 units to 27,600 units. There were 22,500 units for renting public housing or green houses, and 5,100 units for subsidized sale of houses, an increase of about 3,600 units.

Public housing non-elderly one-person applications fell by 10,000 a year, less than one became a new registration and accumulated more than 100,000

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Public Housing Housing Authority

Source: hk1

All news articles on 2020-05-07

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