Ballots were drawn today to determine the priority ranking of applications under the Housing Authority’s White Form Secondary Market Scheme (WSM) 2024.
The authority’s Subsidised Housing Committee Chairman Cleresa Wong officiated at a ballot ceremony. The results are available on the scheme’s dedicated webpage.
The Subsidised Housing Committee said in January that beginning from WSM 2024 the number of places on offer will be increased by 1,500 to 6,000. All of the additional places will be allocated to applicants aged below 40.
The authority said that of the applications received under WSM 2024, over 80% came from young applicants applying to the newly implemented WSM Youth Scheme.
The authority estimates that approval letters will be issued to successful applicants in the third or fourth quarter of this year, paving the way for them to apply for a Certificate of Eligibility to Purchase.
The certificates can be used by applicants to purchase a flat within the one-year validity period.
