Source: Hong Kong Government special administrative region
Following is a question by the Reverend Canon the Hon Peter Douglas Koon and a written reply by the Secretary for Housing, Ms Winnie Ho, in the Legislative Council today (July 15):
Question:
The Hong Kong Housing Authority (HA) implemented the Home Ownership Scheme (HOS) Secondary Market Scheme in June 1997, which enables public rental housing households and Green Form Certificate holders to purchase subsidsed housing flats such as those sold under HOS. The HA later implemented the White Form Secondary Market Scheme (WSM) in 2018, under which persons eligible for White Form status and allocated with quotas may buy flats with premium unpaid in the secondary market of subsidised housing flats. However, there are views that WSM’s quotas and eligibility fail to fully respond to market demand and changes. In this connection, will the Government inform this Council:
(1) of (i) the number of applications, (ii) the number of Certificate of Eligibility to Purchase issued and its percentage in the total number of applicants, (iii) the number of Letter of Nomination issued and its percentage in the total number of applicants, and (iv) the number of subsequent successful flat purchase transactions and its percentage in the total number of applicants, for each WSM exercise over the past five years, with a breakdown by family applicants and one-person applicants;
President,
In response to the question raised by the Reverend Canon the Hon Peter Douglas Koon, our reply is as follows: