Green Form Buyers Begin Selecting Kowloon Bay Flats Amid Housing Demolition Priority Scheme
RTHK · 1 SOURCESabout 1 hour ago2 MIN
Summary
The Housing Authority launched flat selections for the new Green Form Subsidized Sale Scheme project at Shing Chi Court in Kowloon Bay on Tuesday, with eligible applicants choosing units at the scheme's sales office in Kwun Tong according to scheduled appointment times. Priority was extended to tenants affected by the Authority's announced public housing demolition plan, covering multiple blocks across four estates including Wah Fu Estate, Choi Hung Estate, Ma Tau Wai Estate, and Sai Wan Estate. Successful buyers shared their excitement, with Mr. Ng from Wah Fu Estate expressing joy after securing his preferred high-floor flat for his family of three.
Key Points
- Shing Chi Court in Kowloon Bay offers over 800 units, with sizes ranging from 280 to 469 square feet
- Unit prices span from HK$1.68 million to HK$3.54 million, making them accessible to qualifying buyers
- Priority selection rights were given to tenants from Wah Fu Estate, Choi Hung Estate, Ma Tau Wai Estate, and Sai Wan Estate
- Mr. Ng purchased a high-floor two-bedroom unit of approximately 430 sq ft in Block A, attracted by the open views and proximity to the MTR station
- Retired Ms. Cheung from Sai Wan Estate chose a mid-floor two-bedroom unit, citing Kowloon Bay as a mature neighbourhood with convenient transport
Why It Matters
This scheme provides a pathway to homeownership for public housing tenants displaced by redevelopment, while simultaneously freeing up rental units for families on the waiting list. The Shing Chi Court project represents one of the largest recent releases of subsidized sale units in Hong Kong, offering relatively affordable options compared to private market prices in the territory.
This scheme provides a pathway to homeownership for public housing tenants displaced by redevelopment, while simultaneously freeing up rental units for families on the waiting list. The Shing Chi Court project represents one of the largest recent releases of subsidized sale units in Hong Kong, offering relatively affordable options compared to private market prices in the territory.