Public Flats Queue Shrinks, But Waits Get Longer

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

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1395910_1_20180511185241.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1395910-20180511.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1395910-20180511.htm', 'DCS.dcsqry', '' ); } } }); }); });

2018-05-11 HKT 18:52

Share this story

facebook

  • At the end of March, the average wait for general applicants for a public flat was 5.1 years. Photo: RTHK

    At the end of March, the average wait for general applicants for a public flat was 5.1 years. Photo: RTHK

Andrew Wan talks to RTHK's Jimmy Choi

Waiting times for public flats in Hong Kong have got longer, the Housing Authority said on Friday, even though the number of people in the queue has actually fallen.

Figures for the end of March showed general applicants were facing average waits of 5.1 years to be offered a flat, up from 4.7 years at the end of 2017. The government's target is three years.

Single, elderly people, meanwhile, were waiting around 2.8 years, up from 2.6 years.

The longer waits for a public flat come despite a fall of around 1,800 people in the queue as of the end of March, to 153,300.

These figures don't include the 119,000 non-elderly one-person applications under the separate Quota and Points System.

Democratic Party lawmaker and Housing Authority member Andrew Wan said the lengthening waiting times are disheartening, but not a surprise.

"Honestly, I feel disappointed. But it seems that that result is expected because we see that the public housing supply is not enough for many years. In the past 10 years we have a big gap in the supply and the shortage is not tackled by the government."

Wan told RTHK's Jimmy Choi that as a short-term measure, the government should take back the golf courses in Hong Kong to build flats there.

RECENT NEWS

Plantos Agentic AI CFO Takes Aim At The SME Lending Gap

Planto, a leading financial technology company specialising in AI-driven banking solutions, officially unveiled its whi... Read more

Hong Kong And Indonesia Explore QR Payment Interoperability

Hong Kong and Indonesia are exploring QR payment interoperability between the two markets. The Hong Kong Monetary Autho... Read more

Who Raises The Alarm, If Synthetic Identity Fraud Has No Victim?

Synthetic identity fraud is one of the fastest-growing fraud types globally, where fraudsters fabricate a person who ne... Read more

SFC Hong Kong Strategic Action Plan Backs Citys Five-Year Plan

Hong Kong’s Securities and Futures Commission (SFC) has unveiled a strategic action plan. It supports the city’s Fi... Read more

Tencent Launches TenPayGo Payment App For Travellers In China

Tencent has launched TenPayGo, a payment app for overseas visitors to mainland China. ITHome (IT之家) reported that i... Read more

Deutsche Bank Deploys Agentic AI To Help Trace Client Wealth For KYC

Deutsche Bank Private Bank has launched an agentic AI tool to support Source of Wealth checks, part of its Know Your Cu... Read more