Ballots drawn for Sale of Home Ownership Scheme Flats 2019 and White Form Secondary Market Scheme 2019 (with photos)
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Ballots were drawn openly today (August 15) for the Hong Kong Housing Authority (HA)'s Sale of Home Ownership Scheme (HOS) Flats 2019 (HOS 2019) and White Form Secondary Market Scheme (WSM) 2019 (WSM 2019). The Chairman of the HA Subsidised Housing Committee, Mr Stanley Wong, officiated at the ballot drawings.
“During the application period, the HA received a total of around 310 000 applications for HOS 2019 (comprising around 260 000 White Forms and around 50 000 Green Forms) and around 130 000 applications for WSM 2019, out of which around 200 000 for HOS 2019 and around 100 000 for WSM 2019 were received through on-line e-submission,” a spokesman for the HA said.
The open ballots conducted today will determine the applicants' priority sequence for HOS 2019 and WSM 2019 based on the last two digits of their application numbers. The order of priority of the applications within individual application categories, for those who hold the same drawn digits from the ballots, will be randomly generated by computer. The HA will invite White Form applicants and Green Form applicants holding valid Green Form Certificate to submit the income and asset declaration form and supporting documents within a specified period for detailed vetting according to this randomly generated order to ascertain whether individual applicants meet the eligibility criteria for HOS 2019 and/or WSM 2019 and the final priority for flat selection of eligible HOS applicants.
A total of 4 871 flats in six new HOS developments, namely Kwun Tak Court in Ho Man Tin, Hoi Tak Court in Cheung Sha Wan, Sheung Man Court in Kwai Chung, Yung Ming Court in Tseung Kwan O, Kam Fai Court in Ma On Shan and Yuk Wo Court in Sha Tin, have been put up for sale under HOS 2019. The saleable areas of the flats range from 25.6 square metres to 52.8 square metres. By applying a discount of 41 per cent to the assessed market values, the selling prices (59 per cent of assessed market value) of the flats range from around $1.56 million to $5.29 million. In addition, a total of 33 rescinded flats arising from cancellation of the Agreements for Sale and Purchase from five HOS developments, namely Ka Shun Court in Sha Tin, Ping Yan Court in Yuen Long, Ngan Wai Court and Ngan Ho Court in Mui Wo and Choi Hing Court in Kwun Tong, will also be put up for resale under HOS 2019. The saleable areas of these flats range from 34.4 square metres to 53.0 square metres. By applying a discount of 41 per cent to the assessed market values, the selling prices (59 per cent of assessed market value) of these rescinded flats range from around $1.60 million to $3.58 million.
"The HA expects that eligible applicants of HOS 2019 will be invited in batches to select HOS flats at the office of the HOS Sales Unit in Lok Fu starting from November this year," the spokesman said.
Sales brochures covering full details of the HOS developments and price lists will be made available for collection by the public and prospective purchasers at the HA Customer Service Centre (HACSC) in Lok Fu seven days before commencement of HOS flat selection. In addition, electronic copies of these documents will be uploaded to the designated websites for the HOS developments at the same time.
Building models and doll houses of the six new HOS developments will be displayed and panels/associated documents/drawings of the six new HOS developments and the five HOS developments with rescinded flats will be exhibited at the HACSC for viewing by the public seven days before commencement up to the end of the flat selection.
The WSM 2019 provides a quota of 3 000 for applicants to purchase subsidised sale flats with premium not yet paid in the HA's HOS Secondary Market or in the Hong Kong Housing Society (HS)'s Flat-for-Sale-Scheme Secondary Market.
"The HA expects that WSM 2019 approval letters will be sent to successful applicants in December 2019 for them to apply for a Certificate of Eligibility to Purchase (CEP) within four weeks from the issue date of the approval letters. The CEP is valid for 12 months from the issue date and the holder is entitled to purchase a subsidised sale flat with premium not yet paid within the validity period," the spokesman said.
The ballot results for the HOS 2019 and WSM 2019 have been uploaded to the dedicated webpages on the HA/Housing Department website (hos.housingauthority.gov.hk/mini-site/hos2019/en/ballot-results.html and
www.housingauthority.gov.hk/mini-site/wsm2019/en/ballot-results.html) respectively. The randomly generated order of all applications will be uploaded to the webpages tomorrow (August 16). It will also be displayed at the HACSC in Lok Fu, the estate offices and District Tenancy Management Offices of the HA, the estate offices of the HS, the Home Affairs Enquiry Centres of the Home Affairs Department and the Sham Shui Po Housing Information Centre from tomorrow. Applicants may also call the HA Sales and WSM hotline 2712 8000 for enquiries.
Ends/Thursday, August 15, 2019
Issued at HKT 16:15
Issued at HKT 16:15
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