Chance to own home trumps economic and political uncertainty for Hongkongers, as applications open for newest batch of subsidised flats

More than 100 people, undeterred by the city’s economic and political uncertainty, queued up on Thursday for the chance to buy one of a new batch of subsidised homes in Hong Kong.A total of 7,047 flats in four new developments in Diamond Hill, Fo Tan, Ma On Shan and Fanling are up for sale, with prices ranging from HK$1.23 million to HK$5.13 million (US$662,000).The new phase of the Home Ownership Scheme had been expected to accept applications in July, but was delayed two months because of the…

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