HA Approves Sale Of 4,400 Subsidised Units

"); jQuery("#212 h3").html("

"); });
2018-02-14 HKT 21:43
Some 4,400 subsidised flats will be put up for sale late next month, after the Housing Authority approved putting them on the market.
The flats will cost between HK$1.6 million and HK$6.3 million.
The most expensive ones will be in Cheung Sha Wan, and the cheapest in Tung Chung, and some of the units are in Kai Tak.
Households earning less than HK$57,000 a month can apply, so long as they own assets worth less than nearly HK$2 million.
The chairman of the Authority's subsidised housing committee, Stanley Wong, says they decided to continue to make half of the flats available to public housing tenants.
Revolut Considers China Expansion Amid UK Regulatory Hurdles
UK fintech giant Revolut is exploring a potential move into China, setting the stage for competition with domestic heav... Read more
ZA Global Backs RD Technologies With US$40M To Boost HKs Stablecoin Ecosystem
ZA Global has led a US$40 million Series A2 funding round for HK fintech firm, RD Technologies (RD), marking a signific... Read more
WeLab Hit Profitability And Now Wants 500 Million Customers Across Asia
From its humble beginnings as an online lender to its rise as one of Asia’s most ambitious fintechs, WeLab Group (WeL... Read more
HKMA Finalises Guidelines For Stablecoin Issuer Regulatory Regime
The Hong Kong Monetary Authority (HKMA) has published several documents in preparation for the implementation of the re... Read more
Cybercrime Is Surging Across APAC Yet Defences Remain Fragmented
APAC saw a sharp rise in human-led attacks in 2024, with attack rates growing over 60% year-on-year and increasing 37% ... Read more
Hong Kong Advances Trade Digitalisation With MLETR Adoption
Digitalisation is reshaping the global economy, and businesses must adapt to capitalise on emerging opportunities. In t... Read more