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Written by: Zhang Jiamin and Wang Jieen
2020-09-15 12:19
Last update date: 2020-09-15 12:30
The new phase of Home Ownership Scheme plans to launch 4 housing estates, including Kai Cheung Court in Diamond Hill, Queen's Hill Lai Court in Fanling, Kam Chun Court in Anshan and Choi Wo Court in Fo Tan, involving 7,047 units.
Applicants can submit their applications online from September 10, or submit forms at the Lok Fu Customer Service Center of the Housing Authority.
The Housing Authority announced today (15th) that in response to the reduction in the median household income of non-owner households, the final discount rate for this phase of HOS flats will be changed to 40% off the market price. Among them, the price of Kai Cheung Court in Diamond Hill is 2.18 million yuan. To 4.89 million yuan, that is, the original sales of 5.13 million yuan, the price is reduced by 240,000 yuan, a reduction of about 4.7%, and the lowest average selling price of Fanlingshan Liyuan, the cheapest 1.17 million yuan can be boarded .
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The Housing Authority has announced earlier that the price of HOS flats priced at a 30% discount to the market price is only a "temporary discount rate". It announced today that the final discount rate for the current HOS flats will be 40% off the market price, since April to June 2020 The monthly median monthly income of non-owner households is reduced by about 5% compared to the figures from January to March of the same year. The Housing Authority lowers the average selling price by about 5% compared to the temporary average selling price according to the existing pricing mechanism .
Average selling price reduced by about 5%
According to the new pricing, the average selling price of Kai Cheung Court in Diamond Hill ranges from 2.18 million to 4.89 million yuan. Based on the calculation of the "Lou Wang" of Kai Cheung Court in Diamond Hill, the unit was originally scheduled to sell for 5.13 million yuan. After adjusting the discount, the price The most expensive is down to 4.89 million yuan, that is, you can purchase a "Lou Wang" unit without 5 million yuan.
As for the lowest selling price, Fanling Shanli Garden, the lowest price only needs 1.17 million yuan to get on the bus. The final price of this housing estate is between 1.17 million yuan and 2.59 million yuan.
The final average selling price of Kam Chun Court in Ma On Shan is between 1.89 million and 3.87 million, while the final average selling price of Choi Wo Court in Sha Tin is between 2.41 million and 4.65 million.
The final discount rate for newly-built and re-sold units in the new phase of HOS sales will be 40% off the assessed market value, which means they will be sold at 40% off the assessed market value.
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The four new HOS projects launched in this phase include Kai Cheung Court in Diamond Hill, Choi Wo Court in Sha Tin, Kam Chun Court in Ma On Shan and Lai Court in Fanling Hill, totalling 7,047 units.
Applications are now accepted, and the application period is from 8:00 a.m. on September 10th to 7:00 p.m. on October 7th, 2020.
Housing Authority