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**Hong Kong Housing Authority”s Plans from August 2024 Onwards**
In the latter part of 2024, the Hong Kong Housing Authority (HA) has been actively rolling out and announcing several key plans aimed at tackling the city”s housing issues. Here is a summary of the major developments from August 2024 onwards:
1. **Approval of Flats for Purchase (August 27, 2024):** The Subsidised Housing Committee of the HA approved the average selling prices and sales arrangements for the 2024 flats available for purchase. This plan includes setting income and asset limits for White Form applicants, ensuring that the flats are accessible to eligible buyers. Additionally, about 40% of the new flats are reserved for specific applicants under the Priority Newborns Scheme and Priority Scheme for Families with Elderly Members, reflecting a targeted approach to meet diverse housing needs.
2. **Public Rental Housing Allocation:** Although announced earlier in June 2024, the HA projected an estimated total of about 30,200 public rental housing (PRH) flats for allocation for the 2024-25 period. This projection underscores the HA”s commitment to expanding public rental housing availability to accommodate the growing demand.
3. **Appointments and Construction Contracts (October 31, 2024):** The HA announced new appointments to the Estate Agents Authority, which plays a crucial role in regulating the real estate sector. Furthermore, details regarding the final design and construction contract awarded for Light Public Housing were disclosed, marking a significant step towards enhancing housing infrastructure and expediting the delivery of affordable housing solutions.
These plans highlight the HA”s ongoing efforts to streamline housing solutions, manage housing supply, and enhance the quality of life for Hong Kong residents. Through these strategic measures, the HA continues to play a pivotal role in providing affordable and sustainable housing options, supporting community development, and addressing the city”s housing challenges.
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