BEGONIA ROAD
CO-OPERATIVE
HOUSING
SCHEME
Architect: Lee Yin Chuen
In most countries every encouragement is offered to responsible citizens, through the medium of building societies and similar institutions to acquire their own homes and so buy a solid and enduring interest in the communities in which they live and work. Hong Kong's whole
of time.
The Begonia Road elevation.
years,
Various civil servants' co-operative building societies are, with Government assistance and encouragement, vigorously
developing a plan of self-housing on the
future may depend upon similar benefits for many years after the reoccupation and certainly less restricted and taxed being made available to those of our fantastic profits were being made in Hong than most. citizens who can, and want to, take Kong with finance feverishly taking ad- advantage of the opportunity to purchase vantage of the boom years which it was their own homes over a reasonable period generally believed would be of limited
duration. During the past few Up to now the finance for this type of however, confidence in the Colony's future investment has not been available. The has been growing and panic thinking has
soundest of financial and attitude had been that the future of been dying out. Investors are not only
economic principles. Here we describe one Hong Kong is problematical and that any becoming reconciled to, but are satisfied of these societies' building; elsewhere in money invested here must yield far above with, reasonable returns on local invest- this issue, а report of a second similar the average rate to compensate for the ments on the basis that this Colony is as project is included, together with brief risk involved. It cannot be gainsaid that safe a place as any for their investment, details on the schemes in general.
safest and
A A
:
縣
3
N
PUBLIC SCAVENGING
LANE
THET
7
(Above) Another view of the buildings. (Right) Ground and typical floor plans showing: (1) living rooms, (2) dining rooms, (3) bed rooms, (4) kitchens, (5) stores, (6) lavatories, (7) servants' rooms, (8) utility areas, (9) car park.
THE HONG KONG & FAR EAST BUILDER VOLUME 14, NUMBER 1
DRIVE OUT
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