Subsidised Sale Flat (SSF) Scheme Units
Subsidised Sale Flat (SSF) Scheme Units
The URA supports the policy initiative by the Chief Executive to increase the supply of subsidised sale flats as announced in the 2015 Policy Address. A total of 338 flats at Kai Tak development have been allocated for the purpose of subsidised sale flats. SSF Scheme Units range from 332 square feet to 568 square feet in saleable area, comprising eight studio flats, 213 one-bedroom and 117 two-bedroom units. 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.
Flat sale under SSF Scheme at Kai Tak development was closed on 20 May 2016. 322 units were sold and have been handled over to the purchasers since July 2016. The 16 remaining unsold units under SSF Scheme were also sold on 17 April 2017 in open market at prevailing market price and have been handed over to the purchasers since July 2017.
Related Application
Lifting of Resale Restrictions (Premium Assessment Arrangement)