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

The following is issued on behalf of the Hong Kong Housing Authority:

     Ballots were drawn openly today (November 29) for the Hong Kong Housing Authority (HA)'s Sale of Home Ownership Scheme (HOS) Flats 2018. The Chairman of the HA Subsidised Housing Committee, Mr Stanley Wong, officiated at the ballot drawing.
 
     Under this exercise, 4,431 flats from three new HOS developments, namely Hoi Lok Court in Cheung Sha Wan, Kai Long Court in Kai Tak and Yu Tai Court in Tung Chung, have been put up for sale. The saleable area of the flats ranges from 25.8 to 58.6 square metres. By applying a discount of 48 per cent to assessed market values, flat prices of the three new HOS developments will range from about $1.18 million to $4.68 million, with an average of $2.68 million.
 
     Some 272,000 applications (comprising around 236,000 White Forms and 36,000 Green Forms) were received by the HA during the two application periods in March/April and October. 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 invite White Form applicants to submit supporting documents within a specified period for detailed vetting to determine whether they meet the eligibility criteria and their final priority. The HA will also send notifications in batches to invite eligible applicants to select flats at the office of the HOS Sales Unit in Lok Fu from the end of February 2019 onwards.
 
     Sales brochures covering full details of the 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 flat selection. In addition, electronic copies of these documents will be uploaded to the designated websites for the developments.
 
     Virtual show flat walkthrough videos for the three new HOS developments are now available at the HA/Housing Department (HD) website for viewing. The videos together with building models, doll houses and panels of the three new development projects will also be displayed at the HACSC 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 (hos.housingauthority.gov.hk/mini-site/hos2018/en/ballot.html). The randomly generated order of all applicants will be uploaded to the webpage tomorrow (November 30). It will also be displayed from tomorrow onwards at the HACSC in Lok Fu, 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.