We have received some requests for further statistical information in the context of this consultation. The information is posted below for general interest and reference.
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Vacancy of Public Rental Housing (PRH) Flats
It is the target of Housing Authority to keep the vacancy rate for PRH flats at 1.5% or below. As at end March 2010, the vacancy rate was 1.0%, with 6,917 PRH flats vacant.
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Vacancy of Private Domestic Units
The vacancy rate for private domestic units was 4.3% as at end 2009, with 47,347 units being vacant. More detailed statistics on vacancy of private domestic units can be found in the Rating and Valuation Department (R&VD)'s report, "Hong Kong Property Review", which can be downloaded from R&VD's website via this link: http://www.rvd.gov.hk/en/publications/hkpr10.htm.
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Private Residential Property Transactions
During the 12 months to March 2010, there were 131,877 transactions of private residential properties, 45% of them with consideration less than $2 million. More statistics on transactions of private residential properties are available on the Land Registry's website through this link: http://www.landreg.gov.hk/en/monthly/monthly.htm.
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