Ex-father-in-law Thai Thien Phuong enjoys privileges, is still subsidized in the villa?

Nghênh PhongMar 16, 2023 at 14:16

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Recently, the cruel case of the late model Thai Thien Phuong is still a topic of discussion in Hong Kong and the world. After her ex-husband's family was arrested, a series of important details exposed loopholes in Hong Kong's policy, causing concern and criticism from many.

Accordingly, after the Thai Thien Phuong case, the media in this country realized that a series of tax policies and land laws were causing many difficulties for people, from which many people sought to circumvent the law and many conflicting stories occurred. conflict leads to a tragic end. Typically, Thai Thien Phuong intentionally let her ex-father-in-law, Quang Cau, name her luxury apartment to avoid a large tax, from which the heartbreaking incident as we know it happened.

Ex-father-in-law Thai Thien Phuong enjoys privileges, is still subsidized in the villa? - Photo 1

In addition, the fact that Quang Cau suspect can buy a social assistance housing exclusively for poor families, while owning a luxury apartment for 70 million Hong Kong dollars, is also a controversial issue. outrage at public opinion about the fairness of the poor.

Specifically, in October 2019, Quang Cau became the owner of an expensive apartment at Kadooria, 111133 Kadoorie Ave, Kadoorie Hill in Ho Man Tin, Hong Kong under a trust in the name of Thai Thien Phuong. It is known that this apartment was purchased for about 72.8 million Hong Kong dollars in July 2019, with a unit value of about 40,000 Hong Kong dollars/m2, and in October of the same year, Quang Cau paid full apartment value without loan records.

Ex-father-in-law Thai Thien Phuong enjoys privileges, is still subsidized in the villa? - Photo 2

However, after becoming the owner of this expensive apartment, Quang Cau made another move to buy another apartment under the social assistance program for about 2.18 million Hong Kong dollars in 2020. This social apartment sale and purchase agreement was signed at the end of May 2020.

Many netizens made the comment that Quang Cau deliberately falsified information and concealed his ownership of an expensive apartment in Ho Man Tin, so he could buy this social apartment. At the same time, there is also another suspicion that the Housing Department does not check the properties of people applying for social apartments.

However, according to the current regulations of the Hong Kong Housing Authority, those who are certified as qualified (referred to as "green certificates") only need to pay a minimum of 5% of the apartment value in advance; those who do not have a green certificate ("white certificate") will have to pay a minimum of 10% of the apartment value. That is, after owning KADOORIA apartments, Quang Cau can still buy social apartments as a green certificate holder and buy social apartments legally.

Ex-father-in-law Thai Thien Phuong enjoys privileges, is still subsidized in the villa? - Photo 3

The chairman of the Hong Kong Public Housing Federation called the incident "very silly". He said that if people own their own property but can still use the title of "green certificate" to buy social apartments, that would be a big hole in the management mechanism, becoming a "joke". ".

Besides, another representative also voiced criticism on this issue. He said he was furious when he heard the government's response: "The government could have fixed the problem immediately without resorting to artificial intelligence, but instead of taking action, it said it would withdraw hundreds of billions of dong to build public houses, even the 'easy promise to calm the anger of the people' cannot be said", he said that the government had deliberately "hidden" something, after the "under consideration" explanation, and the fact that checking the housing transaction at the land registry is very easy, even without high technology.

Ex-father-in-law Thai Thien Phuong enjoys privileges, is still subsidized in the villa? - Photo 4

Answering these questions, Hong Kong's housing minister said that in the past four years, an average of 690 rental households each year were found to have excess property ownership. This represents 0.3% of the total reports and there are 526 convictions after being tested for housing violations, including 10 being sentenced to prison or adjournment. penalty.

Ex-father-in-law Thai Thien Phuong enjoys privileges, is still subsidized in the villa? - Photo 5

Although there are no restrictions on income and property ownership when applying for social housing, family members must sign an agreement that if they buy a new home, they will return the subsidized home as prescribed. It is reported that in the last 5 years they have withdrawn 3,600 public housing units and in the future, will look at how to narrow down the arrangements involved.

Ex-father-in-law Thai Thien Phuong enjoys privileges, is still subsidized in the villa? - Photo 6

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