Mixed Development

As a means to encourage further private sector involvement in the public
housing programme, the government will invite private developers to build
subsidised home ownership flats as part of a 'mixed development'. Under
this approach, residential sites will be offered for sale by tender. The
successful tenderer will be required to hand over a specified proportion of
flats selected at random within the development to the government for
sale to eligible purchasers at designated prices. A pilot scheme has been
announced for launching in 1998.

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