HOS 2022 lottery | 51% off sale of HA's surplus is the most profitable unit in the housing estate

HOS 2022 will be drawn today (13th), and the first 10 winning numbers are 00, 47, 08, 11, 29, 16, 09, 72, 64, and 36.

The estates in this phase include Chi Wah Court in North Point, Kwan Shan Court in To Kwa Wan, Anderson On Sau Court, Kai Yan Court in Kai Tak, Yu Nga Court in Tung Chung, Yu Tak Court in Sha Tin and Chiu Ming Court in Tseung Kwan O. Nearly 9,000 properties will be sold at 51% off the market price. partner unit.

Although HOS flats are sold in the form of subsidy, in the past, there was a surplus of more than 1 billion to more than 4 billion yuan in each phase. According to public information, the HA sells a flat of the HOS, and the surplus can be as high as 2.8 million yuan!

That is to see the HA's income from each HOS, which housing estate is the most profitable to sell, and how much the owner has paid.

▼2022 New HOS ▼

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The Housing Authority announced earlier that the revised surplus in the consolidated accounts for 2021/22 was $9.623 billion, mainly from the proceeds of $6.983 billion from the sale of subsidized housing.

In fact, since the HA resumed the sale of HOS flats, the surplus in each phase has increased unabated. According to information from the Legislative Council, the operating surplus of the 2,160-unit HOS housing scheme in 2014 was close to $1.1 billion, and by 2018 it had increased to $1.1 billion. 4.13 billion yuan, 4,431 units were sold, with an average surplus of 930,000 yuan per unit.

The operating surplus of HOS in 2019 has not yet been announced, but using the estimated cost and price list previously announced by the Housing Authority, it is estimated that the surplus may reach $6.6 billion.

HOS flats are generally sold at a discount of 50 to 40 percent off the market price. As property prices continue to rise, HOS prices follow suit.

In 2014, the 500-square-foot unit in Tsuen Wan Sheung Chui Court was sold for 3.26 million yuan, while in 2019, the king of the Ho Man Tin Kwun Tak Court was sold for 5.29 million yuan, but it should be noted that the location and landscape also affect the selling price of individual units.

As for which flats are sold by the HA to "make money"?

Based on the selling price of each housing estate, minus the estimated project cost (including development, land and other costs) based on unit area, it is estimated that a 568-square-foot flat in Yung Ming Court, Tseung Kwan O will be sold for 4.55 million yuan in 2019. The project cost is about 1.76 million yuan, and the estimated surplus is 2.8 million yuan, accounting for 60% of the property price, leaving other housing estates.

Other "profitable" flats include Hoi Tak Court in Cheung Sha Wan and the Lou Wang flat in Hoi Lok Court in the city center.

On the other hand, the selling price of some units is much lower than the construction cost. For example, the large unit of Yinwei Court in Mui Wo, which is located far away, sells for 1.58 million yuan less than the estimated cost.

According to the current arrangement, regardless of the location, the government will provide the HA with a nominal land price of $1,000 to subsidize the land development for sale of flats. It is estimated that this will result in more sales surplus for housing estates with good locations, and less surplus for housing estates with poor locations or even subsidy. Status of some units.

▼2022 new HOS details▼

HOS 2022 Information (Legislative Council Paper)