Housing authorities endorse tightening Hong Kong's well-off tenant policies


In this July 12, 2024, file photo, a man waits to cross the road in the Wah Fu Estate, an old public housing estate in Hong Kong’s Southern District. - Photo: China Daily/ANN

HONG KONG: Hong Kong’s Housing Authority on Friday (March 21) endorsed the tightening of "well-off tenants policies" (WTP) and the rationalisation of some of the implementation details.

The tightening came following announcement by the chief executive in his 2024 Policy Address that the well-off tenants policies of public rental housing (PRH) will be tightened up by raising the additional rent and lowering the income limit of well-off tenants.

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