New Subsidised Homes To Cost Up To HK$3.85m

The Housing Authority on Friday announced that prices for around 2,100 new subsidised flats under the green form subsidised home ownership scheme will range from about HK$1.18 million to HK$3.85 million.

The flats in Kai Chuen Court in Diamond Hill will range from 184 to 481 square feet in size, and are priced at between HK$6,340 and HK$8,038 per square foot.

Eligible homebuyers, who were selected earlier by lots, can choose their flats next Friday.

Meanwhile, the authority will also put up for sale 815 recovered public housing flats from in around 40 estates.

The most expensive unit among the batch is a 540-square-foot flat in Tung Tau (II) Estate in Wong Tai Sin, which is priced at around HK$1.02 million, while the cheapest is a 150-square-foot unit in Leung King Estate in Tuen Mun costing just HK$144,000.

The authority will also be putting up for sale again around 530 subsidised flats left unsold at Ching Fu Court in Tsing Yi and Dip Tsui Court in Chai Wan.