Ballots drawn for Sale of Green Form Subsidised Home Ownership Scheme Flats 2018 (with photo)

The following is issued on behalf of the Hong Kong Housing Authority:
 
     Ballots were drawn openly today (February 25) for the Hong Kong Housing Authority (HA)'s Sale of Green Form Subsidised Home Ownership Scheme (GSH) Flats 2018 (GSH 2018). The Chairman of the HA Subsidised Housing Committee, Mr Stanley Wong, officiated at the ballot drawing.

     2 545 flats at Blocks 1 to 4 of Lai Tsui Court at Lai Chi Kok Road in Cheung Sha Wan have been put up for sale under GSH 2018. The saleable areas range from about 17.1 square metres to 42.0 sq m. By applying a discount of 58 per cent to assessed market values, the average selling price is $67,200 per sq m (or $6,243 per square foot) on saleable area. The selling price ranges from around $0.93 million to $3.1 million per flat.

     Over 40 000 applications were received by the HA for GSH 2018, comprising around 28 000 carried-over Green Form applications from Sale of Home Ownership Scheme (HOS) Flats 2018 and around 12 000 new applications. The open ballot conducted today will determine the priority sequence based on the last two digits of the application numbers. The order of the applications under different application categories with the drawn digits from the ballot will be randomly generated by computer. Following this order, the HA will send notifications in batches to invite eligible applicants to select flats at the office of the GSH Sales Unit in Kwun Tong from the end of March onwards.

     If the applicants of the carried-over HOS 2018 applications have successfully purchased a flat under HOS 2018, their GSH 2018 application will be cancelled.

     The sales brochure covering full details and the price list for Lai Tsui Court will be made available for public collection at the office of the GSH Sales Unit seven days before the commencement of flat selection. Soft copies of these documents will also be uploaded to the designated website for the development. The building model, doll houses and panels for the development will also be displayed at the GSH Sales Unit for viewing by the public from seven days before commencement up to the end of the flat selection period.

     The ballot results have been uploaded to the dedicated webpage on the HA/HD website (www.housingauthority.gov.hk/gsh/2018). The randomly generated order of all applicants will be uploaded to the webpage tomorrow (February 26). It will also be displayed from tomorrow onwards at the GSH Sales Unit in Kwun Tong, the estate offices and District Tenancy Management Offices of the HA, the estate offices of the Hong Kong Housing Society, the Home Affairs Enquiry Centres of the Home Affairs Department and the Sham Shui Po Housing Information Centre. Applicants may also call the HA sales hotline 2712 8000 for enquiries.