'Transitional Flats May Operate Longer Than Intended'
"); jQuery("#212 h3").html("

"); });
2023-03-28 HKT 14:30
Housing officials said short-term homes for people awaiting public flats may be allowed to operate for longer than originally intended if the land they are built on is not needed for development.
The undersecretary for housing, Victor Tai, made the remark during Tuesday's Legco panel meeting to discuss transitional housing.
When asked what would happen to tenants who lost their transitional homes before being allocated a public rental flat, Tai said authorities can exercise a certain degree of flexibility.
"If there is still no long-term development plans for the lot, we can extend the operator's use of this lot to let tenants stay there for a bit longer. We in principle do not object to extension of use of such lots," he said.
"It will depend on the situation and housing needs, and we will consider that on a case-by-case basis."
The official said they can also arrange for the tenants to move to other transitional or light public housing units.
Tai added that the government will roll out a centralised online platform for people to apply for transitional flats in the last quarter of this year.
Macau Pass Launches MPay Tap! Across Macao
Macau Pass, in partnership with Alipay, launched its MPay Tap! service across Macao on 1 December, offering a “tap to... Read more
China And Vietnam Begin Cross-Border QR Payment Pilot
UnionPay International (UPI) and the National Payment Corporation of Vietnam (NAPAS) have launched a pilot programme fo... Read more
How A Second Chance Led To Indonesias Largest E-Wallet | Vince Iswara, Co-Founder, DANA
From navigating ‘irrational’ market incentives to achieving operational profitability, DANA CEO Vince Iswara breaks... Read more
RedotPay Partners With Ripple To Launch NGN Crypto Payouts
RedotPay has partnered with Ripple to expand its stablecoin payment capabilities. Concurrently, RedotPay is launching i... Read more
5 Stories That Shaped Hong Kongs Fintech Scene In 2025
2025 has undeniably been the year Hong Kong’s fintech ecosystem began swimming in the deep end. From the enforcement ... Read more
NongHyup Bank Pilots Blockchain Cross-Border Payments
South Korea’s NH NongHyup Bank has completed a pilot of blockchain-based cross-border payments using Partior’s bloc... Read more