Record Number Of Applications For Subsidised Flats
"); jQuery("#212 h3").html("
"); });
2018-04-12 HKT 09:35
Share this story
The Housing Authority has received nearly 145,000 applications for a batch of 4,400 subsidised flats – a record over-subscription rate of almost 33 times.
Scores of people flocked to one Housing Authority office in Lok Fu close to the application deadline on Wednesday.
One man, who was too late to put in his application, accused the government of failing to supply enough flats. He also said the quota for single people should be increased.
The Home Ownership Scheme units currently on offer are in three projects in Cheung Sha Wan, Kai Tak and Tung Chung.
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