CONFIDENTIAL #2
6.
Subject
Construction of Home Ownership Estates
Purpose
To build for sale to families under Government's Home Ownership Scheme.
7. Letting of
New Estates
Progress Made & Present Position
Next Quarter's Target
No. of Flats/
No. of Flats
(a) Completions
1,212 (a) Completions
4,344
(b)
Under
(b)
Contracts to
Construction
25,189
be let
G
c) Contracts let
Piling
2,800
Piling
528
Site Formation : 3,360
Site Formation
1,680
Building
1,584
To house persons
No. of flats let
eligible for: public housing.
5,704 A total of about 9,000 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.
/page 5
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CONFIDENTIAL #2