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14 September 2001
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1. Plan to sell surplus flats as quarters for civil servants

1. Plan to sell surplus flats as quarters for civil servants

The Housing Authority is proposing that some of the 12,000 subsidised flats that will be left vacant by the Home Ownership Scheme (HOS) freeze be sold as quarters for civil servants. Other options proposed by the authority to dispose of the surplus flats during the 10-month HOS sales' suspension include renting out the units and selling them to property developers. The proposals, presented at an informal brainstorming session yesterday, would be put into practice only after the freeze had been approved by the authority at its regular meeting next month, authority member Wong Kwun said. Secretary for Housing Dominic Wong Shing-wah told a Legislative Council meeting on Monday that the freeze was not a government order, but rather a suggestion that was still subject to the authority's approval. People's Council on Housing Policy chairwoman Virginia Ip Chiu-ping said it was not feasible to sell the flats to the government, adding the rental option appeared to the only feasible method.

[Source: HK-iMail, 14 September 2001]

 




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