URA completed computer balloting for Subsidised Sale Flat Scheme Units at Kai Tak development
The Urban Renewal Authority (URA) today (Wednesday) conducted computer balloting to determine the sequence for flat selection for all 12,642 preliminarily verified applications of its Subsidised Sale Flat (SSF) Scheme Units at its Kai Tak development.
The computer ballot was jointly officiated by the Chairman of the URA, Mr Victor So Hing-woh, and the Chairman of the Kowloon City District Council, Mr Pun Kwok-wah.
The URA received a total of 12,685 applications for the SSF Scheme Units when the application period closed on 21 January 2016. Some applications were cancelled due to duplications or invalid cheques. Of the 12,642 applications, about 65% are single person applicants.
Following the computer ballot today, URA will issue letters to the applicants notifying their priority number for flat selection. The Hong Kong Housing Society (HKHS) commissioned by the URA will carry out the screening process. The computer ballot results will also be uploaded to the Kai Tak development's website (www.urakaitak.hk) today. Applicants can find their priority number for flat selection using their own application number or call the application hotline at 2784 6838 for enquiries.
The HKHS will then, according to the priority number, invite individual applicants to an interview and submit the supporting documents to determine whether they meet the eligibility criteria. The URA plans to invite eligible applicants for flat selection according to the priority number in early May and complete the flat selection process accordingly by the end of May. Successful applicants are expected to move in during the third quarter of 2016.
Occupying a site of about 61,290 square feet, the URA's development at Kai Tak consists of three high blocks (H1, H2, H3) and one low block (L1) of residential buildings, providing 484 flats. Among them, 338 are allocated for the SSF Scheme, with flat sizes ranging from 332 to 568 square feet in saleable area and comprising studio flats, one-bedroom and two-bedroom flats. The price list of all the SSF Scheme Units is set after a 20% discount to the market value of the units, assessed with a valuation date of 18 December 2015. The selling price (after a 20% discount) ranges from about $3.411 million to $6.627 million, or at a range of $9,734 to $12,414 per square foot in saleable area.
The development adopts a modest and sustainable design approach and has achieved the BEAM Plus Provisional 'Platinum' rating from the Hong Kong Green Building Council.