Policy Address
17. During the Policy Address consultation sessions and public discussions in recent months, I have taken note of the views for a relaunch of TPS and redevelopment of aged PRH estates. I have no in-principle objection to these two proposals which can meet the home ownership aspirations of PRH tenants, improve their living conditions and increase housing supply through redevelopment. Yet, their implementation will reduce the number of PRH units available for allocation in the short term, which will inevitably lengthen the waiting time for PRH applicant families. Given the current acute short supply of PRH units and the need to deploy housing resources in an effective manner, it is difficult to implement these proposals for the time being. However, when we have more certainty on the overall public housing supply, I will ask HKHA to look into the matter seriously.
