News

Residential

Staff Reporter

, Hong Kong

Published:

27 days ago

Photo from press release./

HA draws ballots for White Form Secondary Market Scheme priority ranking

Over 80% came from young applicants applying to the newly implemented WSM Youth Scheme.

The Housing Authority has drawn ballots to determine the priority ranking of applications under the White Form Secondary Market Scheme (WSM) 2024.

Of the applications received, over 80% came from young applicants applying to the newly implemented WSM Youth Scheme.

Approval letters will be issued to successful applicants in the third or fourth quarter of this year. Applicants can use the certificate to purchase a flat within the one-year validity period.

In January, the Subsidised Housing Committee said the number of places on offer will be increased by 1,500 to 6,000. All of the additional places will be allocated to applicants aged below 40.

Also Read

Lands Department issues 6 pre-sale consents in Q1

Gov't rejects S&P’s claim of housing oversupply

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

HSBC enhances entrepreneurial wealth proposition in Hong Kong

It has launched two programmes to support businesses and private banking clients.

16 hours ago

Rising tax scrutiny puts pressure on private equity, venture funds: report

Authorities are ramping up collection efforts, a tax partner said.

Economy

17 hours ago

Gov’t develops 9 tourism hotspots to boost consumption

Tourists now favor hotspots with unique Hong Kong features.

Hotels & Tourism

17 hours ago

ZA Bank welcomes passage of Hong Kong stablecoins bill

They are engaged in in-depth discussions with several potential stablecoin issuers.

19 hours ago

Exclusives

The Z Label tests AI tools for products targeting Gen Z

The goal is to develop at least three tools into successful ventures.

Retail

Retirement planning fuels market for home upgrades

Senior-focused remodellers could grow from fewer than 10 to hundreds in 10 years.

Residential Property

Smoke-free public housing to cut health, repair costs

The savings can be channeled to other investments.

Residential Property

Employers told to prep for cost of part-time work bill

The F&B, tourism, retail, and entertainment industries will be the most affected.

HR & Education

Event News

Hong Kong Business Greater Bay Area Enterprise Awards 2025 Winner: Sandy Liu of Allianz Trade

Sandy Liu, Head of Distribution at Allianz Trade in Hong Kong, highlights how its Greater Bay Area (GBA) Corporate Credit Solutions ensures account visibility, thereby enhancing credibility with banks and lenders.