, Hong Kong
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.
 

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