The Development Bureau announced today that the subsidised sale flats of three Dedicated Rehousing Estate (DRE) projects, constructed by the Hong Kong Housing Society (HKHS) will be open for applications from May 2 to 22.
Out of the three DRE projects, two are located in the New Territories and one is in an urban area.
The three projects are Sierra Terrace located at Pak Wo Road, Fanling, Eminence Terrace I at Tin Sam Road, Hung Shui Kiu, and Delight Terrace at Muk Chun Street, Kai Tak.
Applications will be accepted from eligible households affected by government development projects in the New Territories and urban areas, or the Urban Renewal Authority’s (URA) redevelopment projects of the Civil Servants’ Co-operative Building Society (CBS) buildings.
The HKHS and the Lands Department will gradually issue letters to notify relevant households of the application arrangements and details.
The sale of DRE subsidised sale flats is one of the compensation and rehousing options available to non-owner households affected by government development projects that need to relocate.
Eligible owner-occupiers affected by the URA’s CBS redevelopment projects may also choose to purchase subsidised sale flats in an urban DRE as one of the compensation and rehousing options.
The three subsidised sale flat projects open for applications this round will provide a total of 1,573 units.
Among them, the intake of Eminence Terrace I has been taking place since October 2024 and the HKHS will put the remaining 179 units up for sale in this round. Sierra Terrace is expected to be ready for intake in the first quarter of next year, and Delight Terrace is expected to be ready for intake in the first quarter of 2027.
The Government has reviewed the intake programmes of DREs in the pipeline and the timeline of various development projects in the coming few years, especially the Northern Metropolis.
To allow for better utilisation of DRE resources, if there are unsold units upon completion of flat selection of the urban DRE Delight Terrace by households affected by government development projects in urban areas and the URA’s CBS redevelopment projects, Delight Terrace will be open for purchase to households affected by government development projects in the New Territories.
As for the subsidised rental units of the three DREs, the intake of Eminence Tower 1 in Hung Shui Kiu has been taking place since March this year, while Sierra Tower at Pak Wo Road, Fanling, is expected to be ready for intake in October this year. The Lands Department and the HKHS will continue to process applications for these rental units in an orderly manner upon receipt.
The rental units in the DRE in Kai Tak are expected to be completed and ready for intake in the first quarter of 2027, and the Government and the HKHS will notify relevant households of the application arrangements nearer the time.
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