Singletons earning under HK$33,500 per month may apply for subsidised flats in latest policy change

Single people who wish to apply for subsidised flats at the Kai Tak De Novo development may now only be considered if their total monthly household income does not exceed HK$33,500. Applicants must also have a net asset value of under HK$1.5m, the Urban Renewal Authority announced after a special board of directors meeting on Tuesday. The move marks yet another change in the URA’s […]