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Policies on Public Housing

Section A: Application for Public Housing, Transfer and Subsidized Home Ownership Schemes

Chapter 11: Tenants Purchase Scheme

The Housing Authority (HA) has accepted the Government¡¦s recommendation to halt the sale of public rental housing (PRH) units under the Tenants Purchase Scheme (TPS) after the last TPS Phase 6B. PRH units in existing TPS estates will continue to be available for sale to sitting tenants.

 

 

 

Eligibility to Purchase a TPS Flat

Sitting tenants of selected TPS estates can apply to purchase a TPS flat subject to fulfillment of the following conditions -

 

1.

The purchaser must be the tenant or an authorized person listed in the tenancy agreement. All authorized persons listed in the tenancy agreement should be included in the same Letter of Offer.

 

 

 

2.

The purchaser must be 18 years of age or above.

 

 

 

3.

Spouses of the purchaser and respective authorized occupants must be listed in the same Letter of Offer unless they are lawfully divorced or do not have the right to land in Hong Kong (Addition or deletion to/from the tenancy should be carried out in accordance with current regulations).

 

 

 

4.

The purchaser and the authorized persons listed in the tenancy agreement must not be in breach of any conditions of the existing tenancy agreement.

  
5.

If the purchaser or any of his/her household members is served with a Notice to Quit by the Housing Department under the Marking Scheme for Estate Management Enforcement, the Letter of Offer he/she has submitted will not be accepted even if the Tenant has lodged an appeal against the termination of the tenancy. The intention money will be refunded to the purchaser in full without any interest.

 

 

 

6.

A household comprising one nuclear family and occupying two rental flats can either choose to purchase or continue to rent the two flats at the same time. (Note: Each Letter of Offer can only be used for purchasing one flat and two Letters of Offer are required for purchasing two flats.)

 

 

  

7.

A household occupying two or more rental flats can purchase two flats at most in the name of the same purchaser and the remaining flats have to be returned to the HA. For a household comprising more than one nuclear family, they may apply for splitting and purchase the flats in the name of different purchasers according to the above requirements; alternatively, the split family can purchase their flat and the other family may continue to rent the remaining flat, provided that the following conditions are fulfilled:

 

i.

each splinter group has to be a whole nuclear family;

 

 

 

 

ii.

the flat to be purchased must be physically separable from those retained on rental terms;

 

 

 

 

iii.

the prevailing splitting criteria of the estate must be fulfilled; and

 

 

 

 

iv.

the splitting arrangement must be approved by the respective District Tenancy Management Office.

 

 

 

8.

New tenants in TPS estates can purchase their flats at a price with full credit offered in the prevailing phase of TPS sale exercise in the first year and at a price with half credit in the second year as from the date of commencement of the tenancy agreement.

 

 

 

9.

Tenants paying market rent, ex-TPS owners and their authorized persons are not eligible for the special credit.

 

 

 

TPS flats available for Sale

All rental flats in the estate for sale will be available for purchase, except the following types of flats :

 

flats under the Housing for Senior Citizens Scheme and Small Household Blocks;

 

 

 

 

flats for welfare purposes; and

 

 

 

 

flats with shared facilities (such as toilet, kitchen and main entrance).

 

 

 

 



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Last revision date: 10 October 2007