Hong Kong unveils plans for temporary apartments


The government has chosen eight land plots to build about 30,000 units of so-called “light public housing” over the next five years, said Housing Secretary Winnie Ho. — Reuters

HONG KONG: Hong Kong plans to spend about US$3.32bil (RM14bil) on temporary apartments to help reduce the wait times for public housing in one of the world’s most expensive real estate markets.

The government has chosen eight land plots to build about 30,000 units of so-called “light public housing” over the next five years, said Housing Secretary Winnie Ho.

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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.

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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