Page 44 - LH_Research_Report_2020_Eng

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The average waiting time for PRH is likely to be over six yearshe average waiting time for PRH is likely to be over six years

(Figure 21) Average waiting time for PRH general applicants

7.0
6.0
5.4
5.0
Number of years 4.0

3.0

2.0
1.0

0.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Note: Key assumptions: recovered PRH units of 13,200 units per year (same as past five-year average); new PRH and HOS completions of 20,400 units per year; new addition of
general applicants of 20,300 per year (same as past three-year average); 50% of HOS units to be allocated to Green Form (same as current practice) and 69% of allocable
units to be assigned to general applicants (same as past five-year average).
Sources: Hong Kong Housing Authority and Our Hong Kong Foundation

We expect the average waiting time for a Public Rental Housing (PRH) flat will surpass the six-year mark very
soon in the near future.

In the coming years, new completions in PRH will still be insufficient to fulfill the incoming demand from new applications.

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