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Hong Kong to build more subsidised homes in I&T hub to meet middle-class demand

Hong Kong to build more subsidised homes in I&T hub to meet middle-class demand

Hong Kong will build more subsidised homes in its new I&T hub near the border with mainland China to cater to the increasing needs of middle-class families and align with the city's strategy to attract top talent, the housing minister has said.
Secretary for Housing Winnie Ho Wing-yin also outlined her plans to make public flats in the Northern Metropolis, where the San Tin Technopole innovation and technology (I&T) hub is located, more liveable by integrating them into nature and old villages.
'The technopole is a base camp for new productivity and industry. It is also a base camp for talent, whose requirements, income, affordability and standards for their children's education, among other things, will be higher,' she said on Wednesday last week.
'I think the proportion of subsidised sale homes would be adjusted higher to align with the area's position.'
Hongkongers who fulfil asset and income requirements are able to apply for subsidised sale flats.
The technopole is a flagship project in the Northern Metropolis, which aims to turn 30,000 hectares (74,132 acres) of land into an engine for economic growth and a housing hub with over 500,000 new flats, accommodating a population of about 2.5 million and around 650,000 jobs.
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