Sandwich Class Housing Scheme
The Sandwich Class Housing Scheme was a scheme from the Hong Kong Housing Society offering apartments to middle-income families, i.e. sandwich class, at concessionary prices during the 1990s in Hong Kong. The purchases were subject to a five-year resale restriction. The first development, Tivoli Garden, was completed in 1995, and was followed by 12 other developments. In total, more than 12,000 units were offered.
Sandwich Class Housing Scheme | |||||||||||||
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Traditional Chinese | 夾心階層住屋計劃 | ||||||||||||
Simplified Chinese | 夹心阶层住屋计划 | ||||||||||||
Cantonese Yale | Gaap sām gāai chàhng jyuh ūk gai waahk | ||||||||||||
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Unlike Home Ownership Scheme and Flat-for-Sale Scheme, the owners under Sandwich Class Housing Scheme must pay a land premium before they can sell their flats in the free second-hand property market.
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