17 -
Home Ownership Scheme and Private Sector Participation Scheme
Following is a question by the Hon Chan Wing-chan and a written reply by the Secretary for Housing, Mr Dominic Wong, in the Legislative Council today (Wednesday):
Question:
Is the Government aware of:
(a) the number of flats produced in respect of each phase of the Home
Ownership Scheme (HOS) in the past five years;
(b)
the following information under the green-form and white-form categories in respect of each phase of the HOS in the past five years:
(c)
(d)
(i)
quota allocation;
(ii)
number of applications;
(iii) oversubscription rate;
(iv)
(v)
number of cases involving purchasers of uncompleted HOS flats failing to complete sale and purchase agreements after payment of deposits; and
number of cases involving owners of HOS flats surrendering their flats to the Housing Authority on account of default in mortgage repayment;
the reasons for the increase in the number of forfeiture of deposit cases in respect of HOS flats; and
whether the Housing Authority will adjust the production rate and prices of HOS flats in the light of the reasons given in the answer to (c) above; if so, how the rates of such adjustments will be determined?