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The Housing Authority (HA) offered GSH flats for sale in May 2021, together with the sale of recovered flats under the Tenants Purchase Scheme (TPS). The schedule is as follows –

 

Distribution of application forms21 May 2021 to 10 Jun 2021
Application28 May 2021 to 10 Jun 2021 (application closed)
Ballot10 Aug 2021
Flat selectionstarting from 29 Oct 2021

 

GSH 2020/21 website: Please click here

 

Details of the HA's GSH flats are as follows – 

GSH New Flats

District

Court

No. of Blocks

No. of Flats

Saleable Area (SA) (approximation)

(1m2 = 10.764 ft2)

Approximate Selling Prices with 50% Discount (HK$/flat)

Estimated Material Date

Diamond Hill

Kai Chuen Court
(Address: 235 Choi Hung Road, Diamond Hill)

3

2 112

17.1 to 44.7 m2

(about 184 to 481 ft2)

1,180,000 to 3,850,000 (Note 1)

31 Dec 2023

Note 1: average per-square-metre price is about $79,500 (average per-square-foot price is about $7,390)

 

GSH Resale Flats

As at August 2021,

  • 537 unsold flats from GSH 2019 are included from resale in this sale exercise:

District

Court

No. of Blocks

No. of Flats

Saleable Area (SA) (approximation)

(1m2 = 10.764 ft2)

Approximate Selling Prices with 50% Discount (HK$/flat)

Estimated Material Date
Tsing YiChing Fu Court
(Address: 18 Tsing Yi Road)
2

525

17.4 to 42.6 m2

(about 187 to 458 ft2)

820,700 to 2,400,000 (Note 2)31 May 2023
Chai WanDip Tsui Court
(Address: 388 Chai Wan Road)
1127.4 to 29.7 m2
(about 187 to 320 ft2)
994,400 to 1,947,100 (Note 3)30 Sep 2022

Note 2: average per-square-metre price is about $59,000 (average per-square-foot price is about $5,480)
Note 3: average per-square-metre price is about $65,500 (average per-square-foot price is about $6,090)

 

Recovered TPS Flats

  • About 815 recovered TPS flats will be put up for sale under this sale exercise, comprising the already recovered flats and flats to be recovered in the coming months, details are as follows:
    • Hong Kong Island: Fung Wah Estate, Tsui Wan Estate, Lei Tung Estate, Wah Kwai Estate
    • Kowloon: Hing Tin Estate, Tak Tin Estate, Tsui Ping (North) Estate, Choi Ha Estate, Chuk Yuen (North) Estate, Fung Tak Estate, Lower Wong Tai Sin (1) Estate, Tung Tau (II) Estate, Lei Cheng Uk Estate, Nam Cheong Estate
    • New Territories: King Lam Estate, Po Lam Estate, Tsui Lam Estate, Heng On Estate, Yiu On Estate, Hin Keng Estate, Kwong Yuen Estate, Pok Hong Estate, Kwai Hing Estate, Cheung Fat Estate, Cheung On Estate, Tsing Yi Estate, Fu Heng Estate, Fu Shin Estate, Tai Wo Estate, Wan Tau Tong Estate, Cheung Wah Estate, Wah Ming Estate, Tai Ping Estate*, Tin Ping Estate, Long Ping Estate, Kin Sang Estate, Leung King Estate, Shan King Estate, Tin King Estate
      *There is no recovered TPS flat for Tai Ping Estate at the moment.

  • The existing pricing for unsold flats in TPS estates are based on the Adjusted Replacement Cost approach.  The list prices of all unsold TPS flats in the 38 TPS estates range from about $140,000 to $1,020,000, with saleable area ranges from 13 m2 to 50.5 m2, and the discounts range from 82 per cent to 85 per cent of assessed market values (for sale at 15 per cent to 18 per cent of the assessed market values).
  • Recovered TPS flat website: Please click here

 

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Last update: 22 Oct 2021
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