'Transitional Flats May Operate Longer Than Intended'

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

Related News Programmes

"); });

2023-03-28 HKT 14:30

Share this story

facebook

  • 'Transitional flats may operate longer than intended'

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.

RECENT NEWS

TOPPAN Edge Becomes Japans First Qualified VLEI Issuer

The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more

SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more

Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin

South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more

China Funds Research On Stablecoins And Cross-Border Oversight

China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more

XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership

XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more

Brinc Launches VentureVerse Through Acquisition Of OG Club

Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more