Chief Executive Carrie Lam Cheng Yuet-ngor will announce the last "policy address" in his term next month. The DAB today (26th) put forward a number of housing policy recommendations, including amendments to the long-term housing strategy, including the "three-year housing estate" policy goal; The new housing demand projection equation is expected to increase the supply of public housing to 45,000 per year, of which 30,000 will be used for public housing "three years of housing" and 15,000 HOS housing will be used for young people's home ownership.
The DAB also proposes to launch a new HOS scheme to pre-sell HOS flats in North New Territories to young families and marginal middle-class families with five-year uncompleted flats.
The party also proposed to reorganize the government structure, reorganize the Development Bureau and the Transport and Housing Bureau into the "Housing, Planning and Lands Bureau" and the "Transport and Works Bureau", and upgrade the "Land Supply Steering Committee" to be led by the chief executive.
Three goals: to go upstairs in three years, help young people to buy homes, and bid farewell to subdivided houses
Members of the DAB Legislative Council Li Huiqiong, Ke Chongsheng, Liu Guoxun and Zheng Yongshun held a press conference today to announce housing policy recommendations.
Zheng Yongshun criticized that the supply of both public and private housing in Hong Kong could not catch up with the long-term housing construction target. Recently, the ratio of public and private housing was adjusted to a "7 to 3 ratio." Raised to 20.7 times the median household income, that is, a family can buy a house with an average annual income of 20.7.
Ko Chongsheng said that new methods are needed to solve the problem. The DAB puts forward three goals in this regard: to achieve "three years of housing", to assist young people in buying homes, and to "say goodbye to the scourge of subdivided housing", and requested that the three goals be included in the long-term housing strategy.
Ko Chongsheng pointed out that according to the proposal, the waiting list for public housing in Hong Kong is expected to be cleared in 4 years and to resume listings in 6 years.
He also pointed out that HOS is the best choice for young people to buy a home. Therefore, he hopes that the number of HOS housing construction will increase from the current 9,000 per year to 15,000 per year, which will be the average figure in the 10 years before the reunification.
Regarding private buildings, Ko Chongsheng pointed out that the government should issue a "continuous increase in supply" target to the market. It is believed that private buildings can release about 17,160 units per year, which will help manage the market’s expectations of insufficient supply.
Advocate for the trial of the new HOS scheme to exempt the "true first home buyers" stamp duty
The DAB also proposes the launch of the "New Home Ownership Scheme". Li Huiqiong suggested that it should be implemented in a pilot manner to introduce a 5-year off-plan for young families and marginal middle-class families. It is recommended that the application qualifications be similar to the current HOS qualifications, and white form applicants should be given priority. , To increase the chances of winning the lottery for those who have not been successful in the past, for families with young children, and for families with elders.
Among them, the DAB proposes to exempt real first-home buyers from stamp duty on all residential properties, with a property price cap of 8 million to reduce the cost of home ownership. The 8 million can save about 240,000 in tax expenses.
Liu Guoxun, a member of the DAB Legislative Council, said that in the future, it is proposed to build 45,000 public housing units each year. The main method is to increase land supply or increase housing density.
He pointed out that the government can increase the plot ratio of planned projects and increase the plot ratio of 240 hectares of land that is still in the planning and design stage and has been reserved for construction of land and houses in the next 10 years from an average of 5 to 6 times to 6.5 to 7.5 times. For example, if the land in Kwu Tung North and Fanling North is increased by an average of 7 times, it is believed that it has the potential to increase more units. For example, the increase of Hung Shui Kiu to 7 times can increase to 24,000 units.
Li Huiqiong, chairman of the DAB.
(Photo by Liao Yanxiong)
Concentrate on the development of the planned plot ratio of the northern increase in the New Territories
Liu Guoxun proposes to increase the residential land ratio of the "Sin Tin/Lok Ma Chau Development Hub" from the current 10% to 15% to 20%. It is expected that an additional 20,000 to 30,000 units can be added.
He mentioned that Financial Secretary Chen Maobo had similar suggestions. Although he had reservations about converting commercial land into residential buildings, he pointed out that the land also had green belts and abandoned agricultural land for rezoning.
He also urged the government to continue to actively use the land resumption ordinance, and continue to review and proceed. For example, the Ping Shan public housing development project has "brown land" that can be recovered and increased the supply of 10,000 to 12,000 units. The land plot ratio of the concave head is correspondingly increased by 5 to 6 times.
The issue of land resumption has always affected the supply of housing. Liu Guoxun asked for the streamlining of relevant planning and land administration procedures to speed up the supply of public and private housing.
He believes that in the past, the main problem of land resumption was compensation. He pointed out that some new land resumptions were mainly compensated at the "Grade A" preferential compensation rate, but they were generally only "Grade B" for housing. Hopefully, they can be standardized to Grade A.
The DAB's petition urges the establishment of a timetable for the reduction of subdivided housing, and speeds up the implementation of the subdivided rent management regulations. Government restructuring | The DAB advocates the addition of a deputy chief of administration in the Mainland and the appointment of the election committee. Li Huiqiong: Ji Legislative Council seats have grown