Converting old buildings could help relieve HK’s housing crisis


Great potential: Orion Court in Beacon Hill, Kowloon Tong, a civil servant co-operative building, with 16 units. — SCMP

FLATS built under a scheme to house civil servants in Hong Kong are being offered for private tender for the first time, in a move seen by industry experts as a highly efficient way to free up urban land for redevelopment.

Thirteen out of 16 owners at the four-storey Orion Court in Kowloon Tong, built in 1960 under the Civil Servants Cooperative Building Society Scheme (CBS), have agreed to offer their homes for sale at an indicative price of HK$600mil (RM320mil).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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