The Housing Authority today said rents for 1,431 flats in three blocks of a new public rental housing estate in Sheung Shui will be set at the best rent level for the district.
The best monthly rent at $74 per sq m will apply to the flats in Yuet Shek House, Yiu Shek House and Wing Shek House of Choi Shek Estate.
Under this rent-fixing exercise, rents for over 91% of the flats are below $2,500 per month.
The authority said the rents are heavily subsidised and inclusive of rates, management fees and maintenance costs.
It added that applicants who are allocated new flats but cannot afford the rents may request refurbished flats at lower rents or apply for assistance under the Rent Assistance Scheme.