Hong Kong Housing Authority and Housing Department

1. own or co-own or have an interest in any domestic property in Hong Kong (including a beneficiary of the estate of any deceased person which includes any domestic property in Hong Kong). Domestic property includes any domestic property in Hong Kong, uncompleted private domestic property, rooftop structure approved by the Building Authority, domestic building lots and Small House Grants approved by the Lands Department;
2. have entered into any agreement (including provisional agreement) to purchase any domestic property in Hong Kong; or
3. hold more than 50% of the shares in a company which owns, directly or through its subsidiaries, any domestic property in Hong Kong.

1. Land (for land in and outside Hong Kong);
2. Landed properties (for landed properties (including ancestral houses) of any uses which are completed or for pre-sale, or which are the subject matter of a sale and purchase agreement in and outside Hong Kong);
3. Vehicles (private cars, vans, light goods vehicles, lorries, coaches, motor-cycles, taxis, public light buses, container tractors and trailers, etc.);
4. Taxi / public light bus licences;
5. Investments (all insurance policies, shares, bonds, futures, paper gold, certificates of deposits, structured investment products, deposits with brokers, mutual fund, unit trust fund, annuity plans and voluntary contributions under Mandatory Provident Fund schemes, etc.);
6. Business undertakings (interests in any business of sole proprietorship/ partnership/ firms or limited companies); and
7. Deposits, cash in hand and loan to others (deposits include the actual balance (irrespective of the amount) in all fixed and savings/ current accounts, the amount that has been withdrawn or can be withdrawn at any time from the Mandatory Provident Fund/ Provident Fund account and cash in hand in Hong Kong dollars and foreign currencies at a value of HK$5,000 or above).

For the calculation of Net Asset Value and the necessary documents and declaration forms, please refer to the latest version of “Application Guide for Public Rental Housing”.

1. adjudicated bankruptcy by the court;
2. financial hardship resulting in need of Comprehensive Social Security Assistance;
3. adverse changes to family circumstances such as divorce, death of bread-winner, etc.;
4. a significant drop in household income resulting in difficulties in mortgage repayment; or
5. households with social problems and medical reasons (if applicable) but not to the extent of qualifying for compassionate rehousing.