HA Urged To Review Subsidised Housing Prices
"); jQuery("#212 h3").html("
"); });
2018-03-31 HKT 14:08
Share this story
The Housing Authority has been urged to look at the way it's setting prices for a home ownership scheme that's targeting public housing tenants, saying the units are still too expensive.
Democratic Party lawmaker Andrew Wan said the pricing of the units under the "Green Form Subsidised Home Ownership Pilot Scheme" is 60 percent of the current market price – but that's still out of many people’s reach.
Chua Hoi-wai, a member of the Authority's subsidised housing committee, agreed that it's time to review the plan because officials couldn't have predicted the surge in home prices in recent years.
SUNMI Technology Is Officially Listed On The Main Board Of HKEX
SUNMI Technology Group Co., Ltd, a Business IoT (BIoT) leader, was officially listed on the Main Board of the Hong Kong... Read more
Can AI-Native Infrastructure Finally Eliminate The Friction Within Cross-Border Payments?
What is stopping businesses from fully tapping a US$336 billion cross-border payments opportunity? Ask the merchants tr... Read more
HKMA Cargox Pilot Brings 21 Banks To Boost SME Trade Finance Via Data Sharing
The Hong Kong Monetary Authority (HKMA) has launched the HKMA Cargox pilot programme, partnering with 21 banks to digit... Read more
Krakens Parent Acquires Reap In US$600M Deal To Expand Stablecoin Payments In Asia
Payward, the parent company of cryptocurrency exchange Kraken, is acquiring Hong Kong-based payments infrastructure fir... Read more
XTransfer Files For Hong Kong IPO, Seeking US$186 Million
Chinese B2B cross-border payments company XTransfer has filed for an IPO in Hong Kong to raise US$186 million. The comp... Read more
HSBC Rolls Out Privé World Legend Mastercard To Hong Kong Clients
HSBC Hong Kong has launched the HSBC Privé World Legend Mastercard, becoming the first bank in the Asia Pacific region... Read more