CONFIDENTIAL ##

8.

7.

6.

Subject

Construction of Home Ownership Estates

Purpose

5

Progress Made & Present Position

Next Quarter's Target

To build for sale to families under Government's Home Ownership Scheme.

No. of flats

No. of flats

A

(a) Completions :

400

(a) Completions :

1,776

(b) Under construction:

25,874

(b) Contracts to be

let

Piling: Building:

528 1,992

(c) Contracts let

Site formation : Building:

2,800 1,730

Letting of new estates

To house persons eligible for public housing.

No. of flats let :

7,819

Redevelopment of old estates

To evacuate

Mark I/II blocks in a total of 22 blocks.

for redevelopment.

Rehousing operation was carried out

機密

CONFIDENTIAL

A total of about 10,000 flats will become available for allocation during the next quarter. About half of the flats will be allocated to Waiting List applicants and the remainder to other categories.

To continue rehousing operation.

/page 6

GF 323

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