Housing Society's Subletting Plan Falls Flat

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

Related News Programmes

"); });

2019-05-21 HKT 14:22

Share this story

facebook

  • The plan was meant to put a temporary roof over the heads of needy families by allowing owners of subsidised flats to rent out their spare bedrooms. File photo: RTHK

    The plan was meant to put a temporary roof over the heads of needy families by allowing owners of subsidised flats to rent out their spare bedrooms. File photo: RTHK

A Housing Society scheme allowing subsidised flat owners to sublet their homes to needy families is yet to record even one successful deal – eight months after the pilot programme was launched.

The scheme was meant to allow flat owners to rent out spare bedrooms to families waiting for public housing. Tens of thousands of families on the waiting list are being squeezed by rising rents in the city and the government is under pressure to provide transitional homes for them.

The society said on Tuesday that so far, 13 owners have applied to take part in the scheme, with 53 tenants seeking to rent. While five owners have been approved to rent out their rooms, and 22 tenants have been deemed qualified to rent them, no match has successfully been found.

Officials are now looking at improving the terms to encourage more owners and tenants to take part. It said the measures are expected to be announced soon.

Currently, the pilot scheme allows the renting out of spare bedrooms only, and sources said the society is now considering allowing entire flats to be leased out.

The sources said some of the owners have had reservations about renting out bedrooms, because they don't want to live with the tenants. But some owners may be willing to rent out the whole flat to more than one family.

As to how families would be able to afford to rent out the flats, a member of the Housing Authority's subsidised housing sub-committee, Anthony Chiu, said it may also be a good idea to allow more than one tenant to share a flat.

RECENT NEWS

XTransfer Celebrates Milestone Of Over 1 Million Enterprise Clients

XTransfer shared that it has served more than one million enterprise clients since its founding in 2017. The B2B cross-... Read more

How Much Do Hong Kongs Biggest Banks Pay Their CEOs?

How much did it pay to run one of Hong Kong’s biggest banks in 2025? The answer varies sharply, and the numbers look ... Read more

DBS Hong Kong CEO Sebastian Paredes To Retire After 16 Years, Taiwan Chief Takes Over

Ng Sier Han will be the next DBS Hong Kong CEO. He takes over from Sebastian Paredes, who retires from executive duties... Read more

Hong Kong Founders Can Now Incorporate And Get Paid In One Application

Airwallex announced a corporate partnership with Air Corporate, a Hong Kong-based digital corporate service provider, i... Read more

Visa Tap To Pay Reaches Hong Kong Doorsteps In SF Express Deal

Visa announced a partnership with S.F. Express (Hong Kong) Limited (SFHK) to bring contactless card payment services to... Read more

Two Co-CEOs Take Over HSBC Insurance Leadership As Edward Moncreiffe Exits

HSBC has named two Asia-based executives as co-CEOs of its global insurance business. Daisy Tsang, CEO of HSBC Life Hon... Read more