| Sandwich Class Housing Scheme | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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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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,[1] was completed in 1995, and was followed by 12 other developments. In total, more than 12,000 units were offered.[2]
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.[3]