'Govt, Not NGOs, Should Build Transitional Housing'
"); jQuery("#212 h3").html("

"); });
2021-05-23 HKT 17:28
A grassroot organisation has renewed its call for the government to build more transitional housing for poor families waiting for public flats, rather than leaving the task to NGOs.
The Society for Community Organisation made the call on Sunday as it showcased its modular transitional housing project, which will provide 140 units on a vacant plot at Ying Wa Street in Cheung Sha Wan.
The project includes flats that are up to 350 square feet each and could house four or more people.
But it’s spokeswoman, Sze Lai-shan, said transitional units of such size are rare, because they cost more to build, but non-profit groups get the same amount of government subsidy as building smaller units.
Sze said at the end of the day the government should take charge of building transitional housing, instead of just subsidising and letting NGOs do the work.
"They have more expertise in building such housing and they have the human and management resources," she said.
She also noted that bigger families suffer more.
"The waiting time for public housing for those bigger families is longer than other families. It's very expensive for them to have a bigger house. So once there are more members [in the family] but the [living] space is small, it would be harsher for them, especially for the children, who don't even have space to do their homework," she said.
Such sentiments were echoed by a woman who lives in a rooftop unit in Sham Shui Po with her husband and two young children.
The woman said her family already waited almost three years for a public flat.
"We may have to wait for a public flat for seven, eight or even 10 years, but our living conditions are really harsh. It's so hot. The ceiling is made of wooden boards, and during hot days, they are too hot to touch. There is also water seepage. We are also scared that the boards would collapse during storms and typhoons," she said.
Hong Kong families are now facing an average wait of 5.8 years for public housing.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more