Murder Suspect's Homes Saga Prompts Govt Rethink

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

Related News Programmes

"); });

2023-03-06 HKT 17:30

Share this story

facebook

  • Murder suspect's homes saga prompts govt rethink

The Housing Bureau says it's looking into whether subsidised home rules need to be tightened amid reports a suspect in the murder of socialite Abby Choi bought a government-subsidised flat despite also owning a luxury property worth tens of millions.

Local media earlier reported that Choi's former father-in-law purchased a unit in Kwai Chung under the Green Form Subsidised Home Ownership Scheme for public flat tenants, even though he already had a high-end private flat in Ho Man Tin.

In Legco, Rountable lawmaker Michael Tien described the situation as "ridiculous" and said the government should proactively check if a subsidised housing applicant already owns property.

In response to legislators' concerns, Permanent Secretary for Housing Agnes Wong said she would not comment on specific cases, but the government does not vet the assets of green-form applicants.

"The principle is that if PRH [public rental housing] residents have the ability to afford flats, then they should do so as soon as possible, so that they can vacate the PRH flat as soon as possible," Wong said.

"But we have such an extreme case appeared...we are looking into whether or not we should tighten the regulations, perhaps we should review this further and discuss it with the Housing Authority."

RECENT NEWS

HashKey Lists On Hong Kong Exchange

HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more

North Korea Linked To Over Half Of 2025 Crypto Heist Losses

TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more

South Korea Forms Task Force After Coupang Data Breach

The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more

Is Hong Kongs Default Life Insurance Choice A Wealth Drain?

Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more

RedotPay Secures $107M Series B, Total Funding Hits $194M

RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more

91% Of Hong Kong Merchants Lose Revenue To Payment Friction

Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more