The income and asset limits for the public rental housing waiting list will be raised by an average of 5.5% and 3.1% for 2008-09 from April 1, the Housing Authority says.

Its Subsidised Housing Committee endorsed the adjustment today. Income limits for one-person and four-person households will rise to $7,300 and $15,300, from $6,800 and $14,600.

The asset limits for one-person and four-person households will rise from $176,000 and $362,000, to $181,000 and $373,000.

About 104,900 non-owner occupied households in the private sector (27.6 %) will be eligible for public rental housing, up by 5,100 on the current 99,800 households (26.2%).