Page 173 - Hong Kong Housing Society Annual Report 2024/25

Financial Management 財務管理

Property Leasing and Management 物業租賃及管理
The Housing Society manages 33,036 rental units in 21 estates, 房協管理其轄下二十一個屋邨共三萬三千零
accommodating around 77,000 tenants at discounted market 三十六個出租單位，以低於市價的租金出租
rents. We also provide around 111,000 square metres of leasing 予約七萬七千名住戶。我們亦提供約十一萬
area, including commercial premises such as shops, offices 一千平方米的租賃區域，涵蓋商舖、辦公室
and community premises, and more than 9,640 car parking 及社區物業等商業處所，以及於轄下屋邨及
spaces across its estates and managed properties for long-term 代管物業提供超過九千六百四十個泊車位以
investment income. Commercial properties operate on prudent 賺取長期投資收入。該等商業物業按審慎商
commercial principles, with rents based on market value. During 業原則營運，租金根據市價計算。年內，商
the year, the commercial leasing operations generated a surplus 業租賃營運錄得盈餘三億三千九百萬港元，
of HK$339 million, which was used to support other operations. 已用作支持其他營運。

Redevelopment of Ageing Rental Estates 重建舊出租屋邨

The redevelopment of ageing rental estates remains one of our 重建舊出租屋邨繼續是我們其中一項首要任
priorities. As of 31 March 2025, the Housing Society had 12 rental 務。截至二零二五年三月三十一日，房協轄
estates over 40 years old, eight of which were over 50 years 下有十二個出租屋邨的樓齡超過四十年，其
old. To address the financial challenges associated with these 中八個的樓齡更超過五十年。為應對相關的
estates, we aim to maintain an operational surplus in property 財務挑戰，我們的目標是保持物業租賃及管
leasing and management operations. Nevertheless, as the 理營運盈餘。事實上，出租屋邨所得的收入
income from our rental estates has proven insufficient to cover 並不足以彌補舊出租屋邨長期的維修保養及
the long-term maintenance and improvement work costs at 改善工程所需的成本，出租屋邨的營運因此
these ageing estates, the domestic operation continued to record 持續錄得虧損。截至二零二五年三月三十一
a deficit. During the fiscal year ending 31 March 2025, the cost 日止的財政年度，出租屋邨的改善工程成本
of improvement works for rental estates amounted to HK$105 為一億零五百萬港元。
million.

The financial commitment required for redeveloping ageing 重建舊出租屋邨必須有龐大的財政支持。根
rental estates is substantial. Based on the latest forecast, 據最新預測，房協轄下六個樓齡最高的出租
the redevelopment cost for six of our oldest rental estates is 屋邨所須重建費用估計約五百四十億港元。
estimated to be around HK$54 billion.

As a not-for-profit organisation operating on self-financing 作為以自負盈虧原則營運的非牟利機構，房
principles, the Housing Society is committed to ensuring that all 協推展新的房屋發展或屋邨重建項目時，定
programmes are well-planned and resources are appropriately 會致力確保所有項目均有妥善規劃，並有合
allocated when undertaking new housing development or estate 適的資源分配。
redevelopment projects.

170 Hong Kong Housing Society Annual Report 2024/25 香港房屋協會 2024/25 年度年報 171