The government plans to build 30,000 units of “simple public housing” over the next five years. The Housing Bureau has announced four locations, one in Yuen Long, one in Sheung Shui and two in Tuen Mun, with areas ranging from 0.8 to 8.9 hectares. Authorities said they are actively searching for other suitable sites in the urban area and will announce them as soon as possible, with a view to further announcements in the first half of next year. The authorities estimate that the unit construction cost will be about 21,000 yuan per square meter and will apply to the Legislative Council for appropriation in the first quarter of next year. The estimated design and construction costs will be about 26.79 billion yuan .
The 4 sites are located in Area 3A, Tsing Lun Road, Tuen Mun, Area 54, Xin Bao Road, Tuen Mun, Yau Pok Road, Yuen Long, near Fairview Garden, and at the end of Liantang, Sheung Shui, adjacent to the luxury Meyer Garden bungalow on Fan Kam Road. . According to the documents submitted by the government to the Legislative Council, the two Tuen Mun sites are relatively small in size, but they are close to Tsing Chung Light Rail Station and Jing Tin Village Bus Terminal respectively, and the traffic is more convenient more remote.
Family 3 refuses the allocation of traditional public housing
It has to come out of simple public housing
The rent for “simple public housing” is linked to the rent for traditional public housing, and is initially considered to be equal to approximately 90% of the rent for newly built traditional public housing in the same neighbourhood; the initial estimate is about 570 to 2,650 yuan, depending on the size and area of the unit: a 300-square-foot unit in the district is about 2,390 yuan, and the price in the New Territories is about 1,580 yuan. Those living in “simple public housing” may live until they are allocated traditional public housing or until the project site is to be turned over for long-term development, whichever comes first. If the resident refuses the possibility of being allocated to traditional social housing three times according to the current mechanism, he must leave the “simple social housing” unit within a reasonable time and he will not be allocated traditional social housing again. The useful life of the land for “simple social housing” is variable, but it is generally estimated that, deducting the construction times, for “simple social housing” there will still be around 5 years.
The government discloses the construction costs of simple public housing. The authorities will apply for the grant to the Legislative Council in the first quarter of next year. The construction cost of a “simple public housing” unit is about 21,000 yuan per square meter, and the estimated design and construction costs are about 26.79 billion yuan, the estimated cost of infrastructure works is about 600 million yuan. Expenses for operating “simple public housing” and hiring additional manpower to promote the project are approximately $4.4 billion and $300 million, respectively.
Originally released on AM730 https://www.am730.com.hk/Local/Simple public housing finalize 4 locations-Tuen Mun is more convenient for transportation/350401?utm_source=yahoorss&utm_medium=referral
