Newsletter

Green housing ownership slows the turnover of public housing units

Newspaper】 According to the Housing Authority’s latest forecast in September last year, the first five-year period, that is, the construction of traditional public housing from 2023/24 to 2027/28 will increase to about 128,200 units, including about 128,200 units. 82,800 public/green housing ownership scheme flats. However, GSH should belong to subsidized housing. The reason why it was included in the public housing category is that the previous government proposed “Green Home Ownership as public housing”.

Once Chen Fan, Secretary of the Transportation and Housing Bureau at the time proposed, “Green Home Ownership as Public Housing” The first thing to bear the burden is that the new supply of public rental housing will decrease. Among them, the Housing Authority’s annual green home ownership target provides around 2,000 to 4,000 units. Originally the rental and sales ratios were around 71% and 29% respectively. If the deduction is deducted from green house ownership, there will be a number the actual number of public rental housing units is reduced to 57%. This may also be the reason why the supply of public housing units has not been up to standard in recent years.

The “nanoization” of GSH and HOS units has also slowed down the circulation of public housing units. Tai Chiu Kwok-wai, a member of the Authority, said yesterday: “Green public housing residents hope to improve their living environment by buying HOS flats and buying green homes, but it is very difficult to buy these flats with only a few hundred of square feet or even two. or three people. If the public housing unit I live in isn’t too bad, there really isn’t much incentive to move.”

The average waiting time for public housing allocation is 5.5 years

At the end of December last year, the average waiting time for general applicants who received a public housing home in the last 12 months was 5.5 years, and among them the average waiting time for elderly single applicants was 3.9 years. There are currently approximately 133,700 general public housing applications and approximately 96,200 non-elderly single person applications under the Quota and Points System.