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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 forms: 21 May 2021 to 10 June 2021

Application: 28 May 2021 to 10 June 2021

Ballot: expected in July and August 2021

Flat selection: expected in September and October 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

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

Saleable Area (SA) (approximation)

(1m2 = 10.764 ft2)

Estimated Material Date

Diamond Hill

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

3

2 112

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

17.1 to 44.7 m2

(about 184 to 481 ft2)

30 November 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 31 March 2021,

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

District

Court

No. of Blocks

No. of Flats

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

Saleable Area (SA) (approximation)

(1m2 = 10.764 ft2)

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

517

820,700 to 1,681,400 (Note 2)

17.4 to 26.4 m2

(about 187 to 284 ft2)

31 May 2023
Chai WanDip Tsui Court
(Address: 388 Chai Wan Road)
18994,400 to 1,900,800 (Note 3)7.4 to 29.7 m2
(about 187 to 320 ft2)
30 September 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)

  • Apart from the above unsold flats, any additional rescinded flats from GSH 2019 as identified up to about two months before commencement of flat selection will also be included in this sale exercise

  • GSH resale flat website: Please click here

  • GSH resale flat Sales Leaflet: Please click here

 

Recovered TPS Flats

  • About 800 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 finalised details of flats for sale will be announced prior to the commencement of flat selection.

  • The existing pricing for unsold flats in TPS estates are based on the Adjusted Replacement Cost approach.  As at January 2021, the list prices of all unsold TPS flats in the 39 TPS estates range from about $140,000 to $1,260,000, 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).  The final prices will depend on the flats that will be put up for sale under this exercise
  • Recovered TPS flat website: Please click here
  • Recovered TPS flat Sales Leaftlet: Please click here

 

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Last update: 25 May 2021
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