Table_2.6_Affordability_for_HOS_2005.4.9
Table 2.6: Affordability for Individual HOS/PSPS Projects
Phase
Project
(Mth./Yr.)
Income
Limit
Discount
(HK$)
(%)
13B
(7/91)
8%
Lung Poon Court Stg.III, Diamond Hill
17%
Yee Nga Court, Tai Po
32%
36%
Tsui Ning Garden Stg.I, Tuen Mun
100%
Sunningdale Garden, Sheung Shui
100%
Hong Pak Court, Lam Tin
30%
Fung Chuen Court, Diamond Hill
73%
King Nga Court, Tai Po
14,000
35%
14B
(7/92)
14C
(11/92)
40%
Siu Lun Court Stg.1, Tuen Mun
81%
Tsui Ning Garden Stg.II
89%
Hong Nga Court Stg.I, Lam Tin
24%
Yee Ching Court, Sham Shui Po
25%
Tak Nga Court, Tai Po
40%
100%
83%
Tin Yau Court Stg.I, Tin Shui Wai
100%
Fullview Garden Stg.I, Chai Wan
21%
Hong Nga Court Stg.II, Lam Tin
35%
37%
100%
40%
Saddle Ridge Garden Stg.I, Ma On Shan
62%
Kai Tsui Court, Chai Wan
97%
Po Hei Court, Sham Shui Po
52%
Yan Shing Court Stg.I, Fanling
18,000
45%
89%
67%
96%
100%
Siu Lun Court Stg.III, Tuen Mun
100%
Saddle Ridge Garden Stg.II, Ma On Shan
99%
Fu Keung Court Stg.III, Wang Tau Hom
40%
Kwai Hong Court, Kwai Hing
41%
Kwai Yin Court, Tai Wo Hau
40%
Tin Oi Court Stg.I, Tin Shui Wai
52%
96%
18,000
Fullview Garden Stg.II, Chai Wan
Kam Lung Court Stg.II, Ma On Shan
50%
76%
14,000
Siu Lun Court Stg.II, Tuen Mun
Tin Yau Court Stg.II, Tin Shui Wai
57%
40%
Chung Ming Court Stg.II, Tseung Kwan O
14A
(3/92)
40%
Fok On Garden, Ma On Shan
Kam Lung Court Stg.I, Ma On Shan
(%)
27%
14,000
Chung Ming Court Stg.I, Tseung Kwan O
13C
(11/91)
(%)
Fu Keung Court Stg.II, Wang Tau Hom
Tin Wang Court, Ma Chai Hang
13A
(3/91)
Overall
Affordability
Affordability
for Project
for the Phase
18,000
45%
100%
Yan Shing Court Stg.II, Fanling
100%
Wing Fok Centre, Fanling
100%
Yuet Wu Villa Stg.I, Tuen Mun
100%
Source: Lau, K Y (2005) Report of the Study on Home Ownership Promotion Policy Development in Hong Kong:
Statistics and Interpretations on Home Ownership Scheme and the Private Sector Participation Scheme,
Department of Public and Social Administration, City University of Hong Kong
83%
1
Table_2.6_Affordability_for_HOS_2005.4.9
Phase
Project
(Mth./Yr.)
15A
(3/93)
15B
(7/93)
15C
(11/93)
16A
(3/94)
16B
(7/94)
17A
(2/95)
17B
(9/95)
Income
Limit
Discount
(HK$)
(%)
Overall
Affordability
Affordability
for Project
for the Phase
(%)
Tsz On Court Stg.I, Tsz Wan Shan
68%
Lung Yan Court Stg.I, Stanley
88%
Ko Chun Court Stg.I, Yau Tong
Yu Ming Court Stg.II, Tseung Kwan O
20,000
40%
68%
100%
Yuet Wu Villa Stg.II, Tuen Mun
100%
Tung Chun Court, Shaukeiwan
60%
Ko Chun Court Stg.II, Yau Tong
20,000
45%
62%
100%
Po Pui Court, Kwun Tong
41%
South Wave Court, Wong Chuk Hang
20,000
48%
100%
42%
King Shing Court Stg.II, Fanling
100%
Lok Hin Terrace, Chai Wan
22,000
48%
45%
56%
Hiu Lai Court Stg.I, Sau Mau Ping
43%
Tung Hei Court Stg.I, Shaukeiwan
30%
Yuk Ming Court, Tseung Kwan O
22,000
48%
64%
100%
Peng Lai Court, Peng Chau
100%
Hiu Lai Court Stg.II, Sau Mau Ping
45%
Tung Hei Court Stg.II, Shaukeiwan
31%
25,000
45%
40%
Kam Fung Court Stg.I, Ma On Shan
57%
Wing Fai Centre, Fanling
100%
Tsz Oi Court Stg.II, Tsz Wan Shan
44%
Tsz On Court Stg.II, Tsz Wan Shan
89%
Hiu Lai Court Stg.III, Sau Mau Ping
Kam Fung Court Stg.II, Ma On Shan
55%
57%
King Shing Court Stg.III, Fanling
Tsz Oi Court Stg.I, Tsz Wan Shan
62%
46%
Cheerful Garden Stg.II, Chai Wan
Mei Chung Court, Shatin
49%
40%
Cheerful Garden Stg.I, Chai Wan
Kwai Chun Court, Kwai Hing
84%
100%
Siu Lun Court Stg.IV, Tuen Mum
King Shing Court Stg.I, Fanling
90%
95%
Ka Shing Court Stg.I, Fanling
Ka Shing Court Stg.II, Fanling
(%)
25,000
45%
55%
56%
60%
72%
Hin Ming Court, Tseung Kwan O
100%
Harmony Garden Stg.I, Chai Wan
37%
Source: Lau, K Y (2005) Report of the Study on Home Ownership Promotion Policy Development in Hong Kong:
Statistics and Interpretations on Home Ownership Scheme and the Private Sector Participation Scheme,
Department of Public and Social Administration, City University of Hong Kong
2
Table_2.6_Affordability_for_HOS_2005.4.9
Phase
Project
(Mth./Yr.)
18A
(3/96)
18B
(6/96)
18C
(11/96)
19A
(4/97)
19B
(8/97)
19C
(2/98)
Income
Limit
Discount
(HK$)
(%)
(%)
Hang Tsui Court, Chai Wan
44%
Fung Lai Court, Diamond Hill
45%
Tung Lam Court, Shaukeiwan
26,000
45%
86%
Choi Fung Court, Ngau Chi Wan
65%
Harmony Garden Stg.II, Siu Sai Wan
41%
Ka Keung Court Stg.I, Wang Tau Hom
40%
Hung Fuk Court, Tin Wan
26,000
45%
50%
Kwong Ming Court, Tseung Kwan O
92%
Hing Tung Est. Ph.4 Blks.I,J, Shaukeiwan
75%
Kwong Ming Court Stg.II, Tseung Kwan O
Tin Tsz Est. Ph.2 Blk.2, Tin Shui Wai
26,000
45%
76%
Yu Tung Court, Tung Chung
100%
Yuet Chui Court, Chai Wan
79%
Yi Fung Court, Shek Lei
99%
Tong Ming Court, Tseung Kwan O
Charming Garden Stg.I, Mong Kok
30,000
50%
100%
99%
Lung Mun Oasis, Tuen Mun
100%
Wo Ming Court Stg.I, Tseung Kwan O
91%
Tin Shing Court Stg.I, Tin Shui Wai
100%
30,000
50%
7%
Beverley Garden Stg.II, Tseung Kwan O
84%
Glorious Garden, Tuen Mun
100%
Tung Shing Court, Shaukeiwan
97%
Hong Shui Court, Lam Tin
100%
Kam Tai Court, Ma On Shan
100%
Wo Ming Court Stg.II, Tseung Kwan O
33,000
60% *
100%
Cheong Shing Court, Fanling
100%
Tin Shing Court Stg.II, Tin Shui Wai
100%
Po Ming Court, Tseung Kwan O
100%
Ocean Court, Aberdeen
Grand View Garden, Diamond Hill
53%
83%
92%
78%
20%
Beverley Garden Stg.I, Tseung Kwan O
Charming Garden Stg.II, Mong Kok
(%)
100%
Tin Chung Court Stg.I, Tin Shui Wai
20A
(11/98)
Overall
Affordability
Affordability
for Project
for the Phase
83%
100%
100%
33,000
45% *
100%
100%
100%
Source: Lau, K Y (2005) Report of the Study on Home Ownership Promotion Policy Development in Hong Kong:
Statistics and Interpretations on Home Ownership Scheme and the Private Sector Participation Scheme,
Department of Public and Social Administration, City University of Hong Kong
3
Table_2.6_Affordability_for_HOS_2005.4.9
Phase
Project
(Mth./Yr.)
20B
(2/99)
21A
(7/99)
21B
(12/99)
Income
Limit
Discount
(HK$)
(%)
Overall
Affordability
Affordability
for Project
for the Phase
Ka Keung Court Stg. II, Wang Tau Hom
(%)
96%
Tsz Oi Court Stg. III, Tsz Wan Shan
95%
Ying Fuk Court, Wong Tai Sin
Ching Wang Court, Tsing Yi
33,000
45%
22B
(12/00)
23A
(3/01)
24A
(7/02)
Note: -
100%
Tin Shing Court Stg. III, Tin Shui Wai
100%
Lung Hin Court, Tai O
100%
Tung Yuk Court Stg. I, Shau Kei Wan
73%
Tak Keung Court, Wang Tau Hom
98%
Hang Chun Court, Cheung Sha Wan
31,000
48%
100%
Ning Fung Court, Kwai Chung
100%
Tin Fu Court Stg. I, Tin Shui Wai
100%
Tung Yuk Court Stg. II, Shau Kei Wan
90%
Tin Fu Court Stg. II, Tin Shui Wai
31,000
44%
Rhythm Garden, San Po Kong
22A
(3/00)
100%
Aldrich Garden, Shau Kei Wan
Lung Tak Garden, Ma Hang, Stanley
31,000
47%
100%
100%
31,000
44%
100%
100%
Yu Chui Court Stg. I, Shatin
100%
25,000
40%
100%
Fung Ting Court, Yuen Long
100%
Yu Chui Court Stage 2,
100%
Ka Keng Court,
95%
99%
100%
100%
Bauhinia Garden, Tseung Kwan O
Choi Ming Court, Tseung Kwan O
98%
100%
Hong Yat Court, Lam Tin
Broadview Court, Aberdeen
100%
(%)
21,000
30%
Lei On Court Stage 1,
Affordability is based on the mortgage criteria prevailing at each phase of sale.
100%
100%
100%
99%
98%
* - For Phase 19C, flexible discounts of 40%, 50% and 60% on market value of HOS flats were
offered and most purchasers opted 60% discount option.
For Phase 20A, flexible discounts of 35%, 40% and 45% on market value of HOS flats were
offered and most purchasers opted 45% discount option.
Source: Data about Phase 13A - 23A were supplied by HKHA in Sept 2001 and Phase 24A is updated in early
2005.
Source: Lau, K Y (2005) Report of the Study on Home Ownership Promotion Policy Development in Hong Kong:
Statistics and Interpretations on Home Ownership Scheme and the Private Sector Participation Scheme,
Department of Public and Social Administration, City University of Hong Kong
4