Hong Kong Housing Society
Encyclopedia
The Hong Kong Housing Society or Housing Society (房屋協會, 房協) for short, is the second largest public housing
Public housing
Public housing is a form of housing tenure in which the property is owned by a government authority, which may be central or local. Social housing is an umbrella term referring to rental housing which may be owned and managed by the state, by non-profit organizations, or by a combination of the...

 provider in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

 (the first being the Hong Kong Housing Authority
Hong Kong Housing Authority
The Hong Kong Housing Authority is the main provider of public housing in Hong Kong. It was established in 1973 under the Housing Ordinance and is an agency of the Government of Hong Kong...

). The HKHS is a non-governmental organization
Non-governmental organization
A non-governmental organization is a legally constituted organization created by natural or legal persons that operates independently from any government. The term originated from the United Nations , and is normally used to refer to organizations that do not form part of the government and are...

 and non profit organization that was founded in 1948 by "members coming from all walks of life" with a donation of £14,000. The present Chairman of the Hong Kong Housing Society is Yeung Ka-Sing (楊家聲) and the Chief Executive Officer and Executive Director is Wong Kit-loong (黃傑龍). Their mission is to "serve the housing needs of the Hong Kong community and strive to be a world class organization". Customers, quality, talent and prudence are the core values that support its guiding principles. The society is the pioneer in many areas and it is also the leader or in a leading position in many organizations.

History

The Hong Kong Housing Society was established in 1948. Hong Kong, post-World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...

, was in a devastating situation. One out of four people were homeless, and the population of refugees was growing at an alarming rate. Others were under poor housing conditions. In 1947, a donation of £14,000 was given by the Lord Mayor of the City of London and the Air Raid Distress fund to help start an organization that would alleviate Hong Kong's housing problem. Until now, about 67,000 units have been built. However, the mission has changed nowadays; the society now acts as a bridge between the government housing and the private market.

Services

Some of the services that the HKHS provides are:
  • Developing senior citizen
    Senior citizen
    Senior citizen is a common polite designation for an elderly person in both UK and US English, and it implies or means that the person is retired. This in turn implies or in fact means that the person is over the retirement age, which varies according to country. Synonyms include pensioner in UK...

     housing
  • Subsidized housing
  • Rural
    Rural
    Rural areas or the country or countryside are areas that are not urbanized, though when large areas are described, country towns and smaller cities will be included. They have a low population density, and typically much of the land is devoted to agriculture...

     public housing
  • Sandwich Class Housing Scheme
    Sandwich Class Housing Scheme
    Sandwich Class Housing Scheme was a scheme by the Hong Kong Housing Society for building apartments that were sold to middle-income families, i.e. sandwich class, at concessionary prices during the 1990s. The purchases were subject to a five-year resale restriction. The first development, Tivoli...


Business

  • Property
    Property
    Property is any physical or intangible entity that is owned by a person or jointly by a group of people or a legal entity like a corporation...

     Development
  • Housing Society Elderly Resources Centre
  • Property Management and Commercial Leasing
  • Loan
    Loan
    A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower....

    Services
  • Building Management and Maintenance Scheme
  • Hong Kong Housing Society Academy

External links


Relevant news

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