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Sell an HOS Flat

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Alienation Restriction

Flats sold under Home Ownership Scheme (HOS) / Private Sector Participation Scheme (PSPS) / Buy or Rent Option / Mortgage Subsidy Scheme and Melody Garden in the Middle Income Housing Scheme since the launch of HOS Phase 3B in May 1982 are subject to alienation restrictions as stipulated in the Schedule to the Housing Ordinance (Cap. 283). Owners must pay a premium to the HA for removal of the alienation restrictions before they can let, sell or assign the flats in the open market.

Alienation restriction period is counted from the date of first assignment which refers to the date when the HA / developer for PSPS flats first assigns a flat to a purchaser. For returned flats bought back from individual purchasers and resold by the HA, the basis for identifying the date of first assignment shall remain the same and should not be interpreted as the date of the resale assignment executed by the current owner. For PSPS flats purchased from the developer by the HA and resold to individual purchasers, the date of first assignment refers to the date when the HA first assigns such flats to the purchasers.
 

Ways to Sell an HOS Flat

An HOS flat owner 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 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 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.
 
HOS Courts within the first two years from the date of first assignment
Calculation of Premium
Premium Payment Arrangement (HOS Flats sold from 2007 onwards)
Premium Statistics

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 under HOS Phase 24A or before have expired.
 
HOS Courts within the third to fifth year from the date of first assignment
Calculation of Premium
Premium Payment Arrangement (HOS Flats sold from 2007 onwards)
Premium Statistics

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.
 
­HOS Courts exceeding five years from the date of first assignment
Calculation of Premium
Premium Payment Arrangement (after expiry of the 5 year alienation restriction period)
Premium Statistics

Contact Information
Support Services Section (4)
Telephone: 2712 2712
Address:

1/F, Block 2  
Hong Kong Housing Authority Headquarters
33 Fat Kwong Street
Ho Man Tin
Kowloon
Hong Kong

 
New opening hours for Support Services Section (4) with effect from 1 July 2006:
   
Monday - Friday  8:45 am - 1:00 pm and 2:00 pm - 6:00 pm
Saturday  Closed

For enquiries after the normal office hours, you may call HA Hotline at 2712 2712.


  




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Last revision date: 14 June 2010