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Our recommendation: improving the transparency and accountability of ur recommendation: improving the transparency and accountability of
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public housing projectsublic housing projects

(Figure 38) Comparison on the disclosure requirements between private
and public housing development projects

Private Public One-stop Disclosure
Housing Housing Platform

Land development process

Submission of building plan
Commencement of construction

Completion of construction
A one-stop disclosure platform
should be set up to disclose to
Handover of units the public the progress of
individual public housing projects
In general, there appears to be inadequacy of the Government’s disclosure in public housing projects. The general public may only be
able to track and follow up on the progress of these projects when the Government could systematically disclose them.
In fact, as compared to private housing, public housing project has much lower disclosure standard. For a private housing project, all of
the status of land development process, submission of building plan, commencement of construction, completion of construction and
handover of flat could be found either from government document disclosure or from developer’s own disclosure as a listed company.

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