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Author Archives: hksar gov

Housing Authority sets rents for four new estates

The following is issued on behalf of the Hong Kong Housing Authority:
 
     A total of 4 890 flats in nine non-standard blocks of the Hong Kong Housing Authority (HA)’s four new public rental housing (PRH) estates are tentatively scheduled for completion between July and December 2019. Their rents will be set at the best rent levels in their respective districts.
 
     The best rent for flats in the Urban District is $85.5 per square metre per month. This rate will apply to three PRH estates in Sham Shui Po including the 852 flats in one block in Hoi Tat Estate (North West Kowloon Reclamation Site 6, Phase 1), 2 030 flats in four blocks in Pak Tin Estate (Pak Tin, Phases 7 and 8) and 1 056 flats in two blocks in Shek Kip Mei Estate (Shek Kip Mei, Phase 6).

     The best rent at $60.6 per square metre per month for the flats in Fanling District will apply to the 952 flats in two blocks in Fai Ming Estate (Fanling Area 49) in Fanling.

     “Under this rent-fixing exercise, over 43 per cent of the flats are set at a rent level below $2,500 per month,” a spokesman for the HA said today (June 6), adding that PRH rents, which are inclusive of rates, management fees and maintenance costs, are heavily subsidised.

     “PRH applicants who are allocated new flats but cannot afford the rents may request refurbished flats at lower rents, and they may also apply for assistance under the Rent Assistance Scheme for flats in older block types where applicable,” the spokesman added. read more

Auction of personalised vehicle registration marks this Saturday

     The Transport Department (TD) today (June 6) reminded the public that the 134th auction of personalised vehicle registration marks (PVRMs) will be held this Saturday (June 8) at Meeting Room S421, L4, Hong Kong Convention and Exhibition Centre, Wan Chai.
 
     A list of 242 approved PVRMs put up for auction can be downloaded from the department’s website, www.td.gov.hk. The reserve price for all these marks is $5,000. Applicants who have paid a deposit of $5,000 are required to participate in the bidding (including the first bid at the reserve price). Otherwise, the PVRM concerned may be sold to another bidder at the reserve price.
 
     Bidders are also reminded to bring the following documents with them for completion of registration and payment procedures immediately after the successful bidding:
 
(i) The identity document of the successful bidder;
(ii) The identity document of the purchaser if it is different from the successful bidder;
(iii) A copy of the certificate of incorporation if the purchaser is a body corporate; and
(iv) A crossed cheque made payable to “The Government of the Hong Kong Special Administrative Region” or “The Government of the HKSAR”. (For an auctioned mark paid for by cheque, the first three working days after the date of auction will be required for cheque clearance confirmation before processing of the application for mark assignment can be completed.) Successful bidders can also pay through the Easy Pay System (EPS). Payment by post-dated cheques, cash or other methods will not be accepted.
 
     People who want to participate in the bidding at the auction should take note of the following important points:
 
(i) The display of a PVRM on a motor vehicle should be in compliance with the requirements stipulated in Schedule 4 to the Road Traffic (Registration and Licensing of Vehicles) Regulations;
(ii) Any change to the arrangement of letters, numerals and blank spaces of a PVRM, i.e. single and two rows as auctioned, will not be allowed;
(iii) Purchasers must make payment of the purchase price through EPS or by crossed cheque and complete the Memorandum of Sale of PVRM immediately after the bidding for the PVRM concerned. Subsequent alteration of the particulars in the memorandum will not be permitted; and
(iv) The purchaser shall, within 12 months after the date of auction, apply to the Commissioner for Transport for the PVRM to be assigned to a motor vehicle registered in the name of the purchaser. If the purchaser fails to assign the PVRM within 12 months, allocation of the PVRM will be cancelled and arranged for re-allocation in accordance with the statutory provision without prior notice to the purchaser.
 
     “Upon completion of the Memorandum of Sale of PVRM, the purchaser will be issued a receipt and a Certificate of Allocation of Personalised Registration Mark. The Certificate of Allocation will serve to prove the holdership of the PVRM. Potential buyers of vehicles bearing a PVRM should check the Certificate of Allocation with the sellers and pay attention to the details therein. For transfer of vehicle ownership, this certificate together with other required documents should be produced to the TD for processing,” the spokesman said.
 
     For other auction details, please refer to the Guidance Notes – Auction of PVRM, which is available at the department’s licensing offices or can be downloaded from its website, www.td.gov.hk. read more

SCED to visit United States and United Arab Emirates

     The Secretary for Commerce and Economic Development, Mr Edward Yau, will leave Hong Kong on June 9 for duty visits to New York and Washington, DC, in the United States (US) between June 10 and 14 to consolidate and strengthen economic ties between Hong Kong and the US. While there he will meet with US government officials and business and political leaders as well as representatives of think tanks. He will also attend an event in celebration of the 50th anniversary of the American Chamber of Commerce in Hong Kong (AmCham).

     After his duty visit to the US, Mr Yau will fly to Dubai, the United Arab Emirates (UAE), to lead a business and professional mission comprising more than 60 members organised by the Commerce and Economic Development Bureau and the Ministry of Commerce to explore business collaboration opportunities in the UAE and establish and strengthen networks with local enterprises.

     Mr Yau will start the US leg of his visit in New York on June 10 (Eastern Standard Time), where he will meet key people in the financial, business, legal and academic sectors at a roundtable breakfast meeting before proceeding to Washington, DC, in the afternoon for a four-day visit. He will be accompanied by the Permanent Secretary for Commerce and Economic Development (Commerce, Industry and Tourism), Miss Eliza Lee.

     In addition to meeting with US government officials, congressional members, representatives of the Heritage Foundation and business leaders to exchange views on forging closer Hong Kong-US trade and economic relations, Mr Yau will deliver a keynote address at a luncheon jointly organised by the Hong Kong Economic and Trade Office, Washington DC (Washington ETO) and the Brookings Institution. Mr Yau’s visit will also include receptions hosted by Washington ETO and AmCham. AmCham is currently running its annual Doorknock event in Washington, DC. This year AmCham is also celebrating its 50th anniversary.

     On June 16 and 17, Mr Yau will lead the mission to the UAE. The mission comprises over 60 business leaders and services professionals from the finance, consultancy, architecture, construction and infrastructure development, legal and dispute resolution, accounting, transportation and logistics and technology services sectors, as well as start-ups in the Mainland of China and Hong Kong. Prior to travelling to the UAE, the mission delegates will visit Spain and Serbia between June 9 and 15.

     Mr Yau and the mission delegates will meet with senior UAE government officials and visit the Jebel Ali Free Zone, the China-UAE Industrial Capacity Cooperation Demonstration Zone and Khalifa Port. They will also attend a briefing on investment opportunities in the UAE jointly organised by the Hong Kong Trade Development Council and Dubai FDI, and mission delegates will have a dedicated business matching opportunity with local project owners. Later, Mr Yau will deliver remarks at a networking luncheon co-organised by the Chinese General Chamber of Commerce of Hong Kong and the Mainland China – Hong Kong Belt and Road Business and Professional Services Council.

     Mr Yau will return to Hong Kong on June 18. During his absence, the Under Secretary for Commerce and Economic Development, Dr Bernard Chan, will be the Acting Secretary for Commerce and Economic Development. read more