When his grandmother died, Hongkonger Fai Chan inherited her flat, a 377 sq ft unit in eastern Kowloon valued at HK$3 million (US$382,000) in 2023.
Before it could be his, however, the fire protection engineer had to pay a HK$1.2 million premium to the Housing Authority, a sum he did not have.
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Monthly Plan
RM 13.90/month
RM 9.73/month
Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.
Best Value
Annual Plan
RM 12.39/month
RM 8.63/month
Billed as RM 103.60 for the 1st year, RM 148 thereafter.