Policy Address

Expedite Youth Hostel Projects

115. In response to our young people's aspirations to have their own living space, the Government launched the Youth Hostel Scheme and expanded it two years ago by subsidising non-governmental organisations (NGOs) to rent suitable hotels and guesthouses for use as youth hostels. We have also set up a task force to offer targeted support and technical advice, including providing relevant NGOs with assistance in negotiating with hotel owners to expedite agreements. The number of hostel places has now increased to about 3 000.

Support Young People to Purchase Subsidised Sale Flats

116. The HKHA will allocate an extra ballot number to young family applicants and one-person applicants aged below 40 with White Form status for the purchase of Home Ownership Scheme (HOS) flats from the next HOS sale exercise onwards. Starting from the next White Form Secondary Market Scheme (WSM) exercise, the WSM quota will increase by 1 500, all of which will be allocated to young family applicants and one-person applicants aged below 40.