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flag Hong Kong launches applications for 5,060 new public housing units, with rents starting at HK$860 monthly.

flag Hong Kong will open applications for 5,060 new light public housing units starting February 24, with occupancy expected by the fourth quarter of this year. flag Monthly rents range from HK$860 to HK$3,270. flag Applications will cover four projects in Kowloon and the New Territories, with priority given to those on the traditional public housing waiting list for three years or more, family applicants, and first-phase applicants. flag The project's cost was reduced by HK$6 billion to HK$21 billion.

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