| Public Housing Estate |
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| CATEGORIES ABOUT PUBLIC HOUSING ESTATE | |
| public housing estates in hong kong | |
| public housing in hong kong | |
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About half of Hong Kong residents now live in public housing estates and other tower blocks with some form of subsidy. Rents are cheaper than ordinary housing, and are heavily Subsidised , financed by financial activities such as rents and charges collected from car parks and shops within or near the estates. They are usually located in the remote or less accessible parts of the territory, but urban expansion has put some of them in the heart of the urban area. Home Ownership Scheme flats, unlike the public housing estates, are sold to the owners at discounted prices. The vast majority of the estates are High-rise Building s, and the recent buildings of 2005 reach 40 Storey s. HISTORY The 1950s |
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