Eager home buyers snap up discounted Kowloon Bay flats

The latest round of flat selections under the Green Form Subsidised Home Ownership Scheme kicked off on Tuesday, drawing eager crowds to the sales office in Kwun Tong. Applicants – comprising public housing tenants and Green Form certificate holders – arrived early, hoping to secure one of the discounted units on offer. This year’s scheme centres on the newly developed Shing Chi Court in Kowloon Bay, where flats are being sold at 60 percent of the market price.

According to the Housing Authority, more than 800 units are available, ranging in size from about 280 to 469 square feet. Prices fall between HK$1.68 million and HK$3.54 million, making the development an attractive option for buyers. In addition to the new inventory, the authority is also offering around 120 previously sold Green Form HOS flats and a fresh batch of about 400 recovered units from the Tenants Purchase Scheme.

Brief written by urgent.news from RTHK News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.