Taipei's largest public housing plan activated: Hau
By Lauly Li ,The China PostTAIPEI, Taiwan -- Taipei Mayor Hau Lung-bin (郝龍斌) announced yesterday that the largest ever low-cost public housing expansion and renovation scheme in Ankang has been contracted out, adding that the scheme will hopefully ease pressure on young renters in Taipei.
March 5, 2013, 12:35 am TWN
Following the renovation and expansion, the Ankang Public Housing Complex (安康公營住宅) will consist of 3,303 apartments owned by the city government, Hau said.
The complex, originally built in 1971, currently has 1,024 apartments, all of which are set to be renovated.
Department of Urban Development (都發局) official Kao Wen-ting (高文婷) said that the original apartments are now considered relatively old.
Taipei's public housing policy states that properties owned by the city government are open to citizens who meet certain conditions and will be offered at a rental price 30 percent below the market price, Kao said.
Scheme Aimed at Easing Pressure on Young Citizens
Applicants must be aged between 20 and 46, and their close relatives or spouse must not own residential land for self-use.
Once the works are completed, 70 percent of the apartments will be open to young people, with the remainder offered to original residents.
Kao said that after the construction and renovation scheme is completed some of the apartments will be opened to those in the lower socioeconomic bracket in accordance with the city government's social policy.
Hau added that one of Ankang's new blocks, “D block,” will consist of three types of flats, including 128 one-room, 104 two-room, and 24 three-room apartments.
Hau added that he hopes the scheme will reduce some of the rental pressure facing young people in Taipei.
The first phase of the scheme will see two blocks being constructed, including the D block, Hau said. Once the D block is completed, 256 apartments will be added to the complex.
D Block to Be Ready in 2014
Ruentex Group (潤泰集團) Chairman Samuel Yin (尹衍樑), contractor for D block, promised that construction work will be completed before June next year.
Director of Rentex Group, Lai Shih-hsun (賴士勳), said the firm invested NT$960 million on D block's construction.