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Author: Lao Minyi
2020-05-20 13:14
Last update date: 2020-05-20 13:15Cheung Sha Wan Kai Lok Court is hailed as one of the "HOS Building Kings". The Secretary for Transport and Housing, Chen Fan, today (20th) replied in a written question to Members and revealed that the market value of Kai Lok Court is nearly 10 billion yuan, which was resold in 2014 The highest market value project since HOS, and its development cost is about 3.2 billion yuan.
As for the green house project, the highest market value and land price is Changsha Bay Li Cui Yuan, with a total value of about 8.57 billion yuan and a project development cost of about 2.24 billion yuan.
The total market value and land price of Kaile Garden in Changsha Bay reached 9.946 billion yuan. (Profile picture / Photo by Luo Guohui)
According to the Transport and Housing Bureau, between 2014 and 2019, a total of 19 HOS estates have been completed or are about to be completed. Among them, the highest market value and land price is the Kaisha Court in Changsha Bay, which can provide 2,522 units. The total market value and land price is 9.946 billion yuan. The average amount of usable area per square foot was 8.915 billion yuan. As for the development cost of the project, Kai Le Yuan reached 3.224 billion yuan.
This is followed by Ping Yan Court in Yuen Long and Choi Hing Court in Kwun Tong, which can supply 2409 and 1358 units. The market value and land price are about 4.564 billion yuan and 4.241 billion yuan respectively, which is almost half of the difference between Changsha Bay Kaile Garden and the project development cost. Respectively, about 2.687 billion yuan and 1.610 billion yuan. As for the lowest market value and land price, Mui Wo Yin Wei Garden is only worth 74 million yuan.
As for the Green Form Home Purchase Program launched in 2016, the total market value and land value of the Licui Court in Changsha Bay is about 8.565 billion yuan, and the project development cost is about 2.239 billion yuan.
Screenshots of Legislative Council documents
[Home Ownership 2019] A total of 6 cases have been ordered so far. The first week of May, 3 households have seized a maximum of 280,000 yuan
The number of public housing HOS units completed last year was more than 20% and it was not until four years later that the original forecast target was recovered.
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Chen Fan said that since the 1980s, the Housing Authority has subsidized the sale of housing (including the Home Ownership Scheme) to the government to pay 35% of the development cost of the project as the cost of providing land and infrastructure for the government; the government will report to the Housing Authority A nominal land price of 1,000 yuan will be charged for the land provided for subsidized sale of houses. He said that in the past three years, the Government and the HA have not reviewed the method of determining the land development cost of subsidizing the sale of houses. The Government has provided a large amount of subsidies for the development of land for subsidizing the sale of houses. There is no plan to conduct a review on this.
Screenshots of Legislative Council documents
HOS Transport and Housing Bureau
