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Ways to Sell an HOS Flat

Owners of Home Ownership Scheme (HOS) flats can sell the flat through different ways, depending on the period of time counted from the date of first assignment:

Within First Two Years
- Surplus HOS flats sold from 2007
  The Housing Authority has decided to decline all buy back offers in respect of the surplus HOS flats sold from 2007 onwards. For an HOS flat falling within the first two years from the date of first assignment, the owner can sell, let or assign the flats in the open market subject to payment of a premium to the HA.
   
- Flats sold under HOS Phase 24A or before
  The first two years from the date of first assignment of all the flats sold under HOS Phase 24A or before have expired.
   
Third to Fifth Year
- Surplus HOS flats sold from 2007
  The HA has decided to decline all buy back offers in respect of the surplus HOS flats sold from 2007 onwards. For an HOS flat falling within the third to fifth year from the date of first assignment, the owner may sell, let or assign the flat in the open market subject to payment of a premium to the HA. The owner may also opt to sell the flat to an eligible purchaser in the HOS Secondary Market without payment of a premium to the HA.
   
- Flats sold under HOS Phase 24A or before
  The third to fifth year from the date of first assignment of all the flats sold under HOS Phase 24A or before have expired.
   
Exceeding Five Years

When an HOS flat exceeds five years from the date of first assignment, the owner may either sell it to an eligible purchaser in the HOS Secondary Market without payment of a premium to the HA; or to sell, let or assign the flat in the open market subject to payment of a premium to the HA.


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