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EDITOR-IN-CHIEF Paulo Coutinho
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Home›Macau›Wong Kit Cheng calls for gov’t to implement long-term rental concessions on seniors’ residence
Economic Housing

Wong Kit Cheng calls for gov’t to implement long-term rental concessions on seniors’ residence

By -
Wednesday, May 8, 2024
157
0

Lawmaker Wong Kit Cheng proposes extending rental concessions beyond the initial discounted period to provide long-term financial stability, following the government’s announcement and clarification on the seniors’ public housing.

While praising the increased unit numbers to meet more seniors’ needs, Wong, also the vice chairwoman of the Women’s Federation, said retired residents have dwindling incomes and rely mostly on savings and pensions, as cited in a report by the Macao Daily.

Additionally, exploring options for utilizing existing properties for income generation, creating senior-specific job opportunities, and offering exclusive discounts for elderly shoppers within the housing complex could further improve living standards for residents.

Her comments came as the Macau government formally laid out the user fee structures, selection process and move-in timeline for the long-awaited public housing units earmarked for elderly residents.

Apartment selection for the first batch of over 1,500 qualified applicants will take place in July through the online “Government Electronic Application System for Elderly Apartments.” Those who are not tech-savvy will get assistance from social groups, and priority may be given to residents with urgent housing needs.

Fees for the units range from 4,328 to 5,344 patacas monthly for the initial three-year contract, in line with estimates announced last year. The four housing areas have monthly costs ranging from 5,410 to 6,680 patacas depending on floor levels.

The first 759 units will be ready for occupation later this year.

However, Wong hopes the timeline can be expedited for needier second-batch residents, given actual circumstances.

However, the lawmaker said that the recent clarification of the government on the elderly’s public housing will allow seniors to “have peace of mind and get ready in advance” for the housing opportunity.

Selection notifications will be sent in June via the online housing portal. After choosing a unit, residents must sign the standard three-year contract within a specified period, detailing usage terms and fees.

Development of the senior public homes has been anticipated as Macau’s aging population confronts housing affordability. Officials now aim to start intakes before the end of the year to help address the community’s needs. Staff Reporter

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