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The following is issued on behalf of the Housing Authority:
Rents for 5 536 flats in eight non-standard blocks of the Housing Authority (HA)'s three new public rental housing (PRH) estates to be completed between March and June 2014 will be set at the current best rent level of their respective districts.
The best rent at $64.4 per square metre per month for the flats in the urban district will apply to the 990 flats in Mei Tung Estate (Tung Tau Cottage Area East).
The best rent at $62.2 per square metre per month for the flats in the Kwai Chung and Sha Tin districts will apply to the 1 507 flats in Kwai Luen Estate (Kwai Shing Circuit) and the 3 039 flats in Shui Chuen O Estate (Sha Tin Area 52, Phase 1).
"Under this rent fixing exercise, over 85 per cent of the flats are set at a rent level below $2,000 per month," a spokesman for the HA said today (November 27), adding that PRH rents, which are inclusive of rates, management fees and maintenance costs, are heavily subsidised.
"PRH applicants who are allocated new flats but cannot afford the rents may request refurbished flats at lower rents. They may also apply for assistance under the Rent Assistance Scheme for the flats in older block types where applicable," the spokesman added.
Ends/Wednesday, November 27, 2013
Issued at HKT 15:01
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