❓ A parliamentary question regarding the cost and occupancy status of Housing Authority-owned apartments in the Queens Riverside development, purchased for the Opening Doors shared ownership scheme. The Minister's response details the purchase prices and occupancy status of the units.
AnsweredQoN 349Legislative Council
QuestionView source ↗
HOUSING AUTHORITY — THE TOWERS —
ELIZABETH QUAY
349. Hon MARTIN PRITCHARD to the Minister
for Housing:
I refer to the minister's
answer to question without notice 188, asked on 16 March 2016, about the
purchase of central business district–located apartments.
(1) What was the total cost of the
nine units at Queens Riverside QIII purchased in 2014–15?
(2) How many of the nine units at
QIII are —
(a) currently owned
by persons under the Opening Doors shared ownership scheme;
(b) vacant; and
(c) housing
persons through a scheme or policy other than the Opening Doors shared
ownership scheme?
(3) What was the total cost of the
34 units purchased in Queens Riverside QI and QII in 2015–16?
(4) How many of the 34 units at QI
and QII are —
(a) currently owned by persons under
the Opening Doors shared ownership scheme;
(b) vacant; and
(c) housing
persons through a scheme or policy other than the Opening Doors shared ownership
scheme?
ELIZABETH QUAY
349. Hon MARTIN PRITCHARD to the Minister
for Housing:
I refer to the minister's
answer to question without notice 188, asked on 16 March 2016, about the
purchase of central business district–located apartments.
(1) What was the total cost of the
nine units at Queens Riverside QIII purchased in 2014–15?
(2) How many of the nine units at
QIII are —
(a) currently owned
by persons under the Opening Doors shared ownership scheme;
(b) vacant; and
(c) housing
persons through a scheme or policy other than the Opening Doors shared
ownership scheme?
(3) What was the total cost of the
34 units purchased in Queens Riverside QI and QII in 2015–16?
(4) How many of the 34 units at QI
and QII are —
(a) currently owned by persons under
the Opening Doors shared ownership scheme;
(b) vacant; and
(c) housing
persons through a scheme or policy other than the Opening Doors shared ownership
scheme?
AnswerView source ↗
I thank the member for some notice of the question.
(1) The purchase
of the nine units was cost neutral. The $2 916 687 purchase price was fully
recovered through shared equity sales.
(2) (a) All nine units are.
� (b)–(c) Nil.
(3) The purchase
price was $10 219 147. This is expected to be cost neutral, with the cost fully
recovered through shared equity sales.
(4) (a) Eighteen
units are to be purchased in QI, and these units have not yet settled. Of the
16 units in QII, four have settled and seven are under offer under the Opening
Doors shared ownership scheme.
(b) The 18 units
in QI are vacant as settlement has not yet occurred. Of the 16 units in QII,
five are vacant.
(c) Nil.
(1) The purchase
of the nine units was cost neutral. The $2 916 687 purchase price was fully
recovered through shared equity sales.
(2) (a) All nine units are.
� (b)–(c) Nil.
(3) The purchase
price was $10 219 147. This is expected to be cost neutral, with the cost fully
recovered through shared equity sales.
(4) (a) Eighteen
units are to be purchased in QI, and these units have not yet settled. Of the
16 units in QII, four have settled and seven are under offer under the Opening
Doors shared ownership scheme.
(b) The 18 units
in QI are vacant as settlement has not yet occurred. Of the 16 units in QII,
five are vacant.
(c) Nil.
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