New public housing rent set
The Housing Authority today said rents for 7,595 flats in nine blocks at two existing public rental housing estates in Kwai Chung and Tai Po will be set at the best rent level in their respective districts.
The best monthly rent in Kwai Chung, at $91.8 per sq m, will apply to 819 flats in Hei Yiu House of Lai Yiu Estate.
Meanwhile, the best rent at $83.2 per sq m in Tai Po will apply to 6,776 flats in Chun Tip House, Fan Tip House, Fung Tip House, Gaap Tip House, Hei Tip House, Hin Tip House, Tsz Tip House and Wong Tip House of Fu Tip Estate.
Under this rent-fixing exercise, the rent for over 60% of the flats is less than $2,500 per month.
The authority noted that the rents are heavily subsidised and are inclusive of rates, management fees and maintenance costs.
Those who are allocated new flats but cannot afford the rents may request refurbished flats at lower rents or apply for assistance under the Rent Assistance Scheme, it added.