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RESIDENTIAL PROPERTY | Staff Reporter, Hong Kong
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Housing Authority sets rent for 6 public rental housing estates

More than 77% of the flats will rent for less than $2.500 monthly.

The Housing Authority announced that rents for six public housing rental estates providing 14,879 flats in 22 non-standard blocks will be set at best rent levels in respective districts, according to a press release.

Under this scheme, more than 77% of the flats will rent for less than $2,500 per month.

The best monthly rent at $77.8 per sq m will apply to the 288 flats in Lin Tsui Estate in Chai Wan, 3,062 flats in On Tai Estate in Kwun Tong, 4,068 flats in So Uk Estate and 1,319 flats in Hoi Ying Estate in Sham Shui Po.

The best monthly rent for the 2,276 flats in Shek Mun Estate in Sha Tin will be set at $75.2 per sq m, while that for the 3,866 flats in Mun Tung Estate, Tung Chung, will be $55.1 per sq m.

HA added that the rents are inclusive of rates, management fees and maintenance costs.

 

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