{"id":479,"date":"2022-05-12T16:56:27","date_gmt":"2022-05-12T08:56:27","guid":{"rendered":"https:\/\/seniorclic.hk\/?p=479"},"modified":"2024-11-21T15:08:24","modified_gmt":"2024-11-21T07:08:24","slug":"common-area-repair-works-subsidy","status":"publish","type":"post","link":"https:\/\/seniorclic.hk\/en\/topics\/housing-accomodation\/maintenance-and-safety-of-property\/common-area-repair-works-subsidy\/","title":{"rendered":"Common Area Repair Works Subsidy"},"content":{"rendered":"

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Print<\/a><\/div>\n

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<\/span>-<\/span>+<\/span>=<\/span><\/div> [\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Content” module_id=”content” _builder_version=”4.17.3″ _module_preset=”default” custom_padding=”50px||50px||true|false” collapsed=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” custom_padding=”0px||||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_post_title author=”off” date=”off” comments=”off” featured_image=”off” _builder_version=”4.17.3″ _module_preset=”default” locked=”on” global_colors_info=”{}”][\/et_pb_post_title][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n
\n

The Common Area Repair Works Subsidy is a maintenance subsidy provided to encourage owners or owners\u2019 corporations to carry out comprehensive maintenance works to the common areas of buildings.<\/p>\n

Eligibility<\/h2>\n

The Subsidy aims primarily to assist owners of private residential or composite (i.e. commercial and residential) buildings at least 30 years old. One further criterion is that the average rateable value per residential unit at the building must not exceed $187,000 per annum for properties in the urban area (including Shatin, Kwai Tsing and Tsuen Wan) or $143,000 per annum for properties in the New Territories. The buildings under the Subsidy must concurrently join \u201cSmart Tender\u201d Building Rehabilitation Facilitates Services which is subsided by Government. Buildings with single ownership or of three storeys or below are not eligible for the Subsidy.<\/p>\n

Buildings with or without an owners\u2019 corporation<\/h2>\n

For buildings with an owners\u2019 corporation, the management committee has to pass a resolution resolving to apply for the Common Area Repair Works Subsidy and to authorize a representative to sign the relevant documents. The owners\u2019 corporation should be the applicant submitting the application to the Urban Renewal Authority.<\/p>\n

For buildings without an owners\u2019 corporation, the Government considers applications from owners on a case-by-case basis. Generally speaking, the owners of the building should hold a meeting to resolve to apply for the Subsidy and to authorize at least two representatives to sign the relevant documents.<\/p>\n

Use of the Subsidy<\/h2>\n

The Subsidy is to be applied to common areas works relating to structural safety, sanitary facilities and environmental friendly provisions.<\/p>\n

The maximum amount of the Subsidy depends on the total number of units in the subject building:<\/p>\n\n\n\n\n\n\n
\n

Number of units<\/strong><\/p>\n<\/td>\n

\n

Subsidy amount<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

20 units or less<\/p>\n<\/td>\n

\n

30% of the approved cost of works, up to $150,000<\/p>\n<\/td>\n<\/tr>\n

\n

21 \u2013 49 units<\/p>\n<\/td>\n

\n

20% of the approved cost of works, up to $150,000<\/p>\n<\/td>\n<\/tr>\n

\n

50 or above<\/p>\n<\/td>\n

\n

20% of the approved cost of works, or maximum $3,000 per unit, capped at $1,200,000 for each owners\u2019 corporation<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

If the maintenance works include green\/ environmental friendly works, the building will enjoy the following subsidy (the Green Item Subsidy):<\/p>\n\n\n\n\n\n\n
\n

Number of units<\/strong><\/p>\n<\/td>\n

\n

Subsidy amount<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

20 units or less<\/p>\n<\/td>\n

\n

30% of the approved cost of green items and related consultancy fee, up to $75,000<\/p>\n<\/td>\n<\/tr>\n

\n

21 \u2013 49 units<\/p>\n<\/td>\n

\n

20% of the approved cost of green items and related consultancy fee, up to $75,000<\/p>\n<\/td>\n<\/tr>\n

\n

50 or above<\/p>\n<\/td>\n

\n

20% of the approved cost of green items and related consultancy fee; or not more than $1,500 per unit, up to $600,000<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

\u00a0<\/a><\/p>\n

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The Common Area Repair Works Subsidy is a maintenance subsidy provided to encourage owners or owners\u2019 corporations to carry out comprehensive maintenance works to the common areas of buildings.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false},"categories":[34],"tags":[],"yoast_head":"\nCommon Area Repair Works Subsidy - Senior CLIC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seniorclic.hk\/en\/topics\/housing-accomodation\/maintenance-and-safety-of-property\/common-area-repair-works-subsidy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Common Area Repair Works Subsidy - 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