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General Sales Information (GSH)

Sale of Green Form Subsidised Home Ownership Scheme (GSH) Flats

  • 2,545 new GSH flats, scheduled for completion in 2019, will be put up for pre-sale by end of December 2018
  • Open for application by Green Form (GF) applicants

The HA sets a quota of 750 flats for applicants applying under the “Priority Scheme for Families with Elderly Members”.  If families applying under this category fail to obtain a quota, they will still have the opportunity to purchase under other family categories.  If the 750 quota has not been fully consumed after all applicants applying under the “Priority Scheme for Families with Elderly Members” have been invited for flat selection, the unused quota will be allocated to the “Other Family” category.  If an applicant under the “Priority Scheme for Families with Elderly Members” has successfully selected and signed ASP for a flat, the relevant quota will be treated as consumed.  Any quota released due to later rescission of flat from this application category will not be allocated back to another applicant under the “Priority Scheme for Families with Elderly Members”.  Upon completion of the relevant procedures for cancellation of ASP by the HA, the rescinded flat will be released for selection by applicants on the next flat selection day according to the order of flat selection priority.

The HA also sets aside 250 flats for one-person applicants.  One-person applicants will be invited to select the remaining 250 flats, irrespective of size, after family applicants have selected their flats.  In case the 250 flats are not fully consumed after all one-person applicants have been invited to select flat, the remaining flats will be allocated back to “other family” categories applicants.  If there are more than 250 flats remaining after all family applicants have been invited to select flat, all remaining flats will be allocated to one-person applicants for their selection.  If a one-person applicant has successfully selected and signed ASP for a flat, the relevant reserved flat will be treated as taken up.  Any flat released due to later rescission of flat from this application category will not be allocated back to another one-person applicant.  Upon completion of the relevant procedures for cancellation of ASP by the HA, the rescinded flat will be allocated back to “other family” applicants for selection according to their priority order.

The flat selection order of different categories of applicants is as follows:

  1. Families applicants living in PRH estates affected by the HA's clearance programmes
  2. Family applicants applying under the 'Priority Scheme for Families with Elderly Members'
  3. Other family applicants
  4. One-person applicants living in PRH estates affected by the HA's clearance programmes
  5. One-person applicants

All “family” applicants and “one-person” applicants will be allocated an ordinary order of priority for flat selection randomly generated by computer according to the ballot result.  Family applicants who join the “Priority Scheme for Families with Elderly Members” will be allocated an additional order of priority for flat selection randomly generated by computer according to the ballot result, i.e. a total of two order of priority will be allocated to them.

The HA will invite eligible applicants of different categories for flat selection according to the order of priority as stated above.

If family applicants who join the “Priority Scheme for Families with Elderly Members” fail to purchase a flat under the quota of that application category, the HA will invite them for flat selection again when their order of priority under the “Other Family” turns up, provided that flats are available for selection under that category.

If PRH tenants rehoused through the Conditional Tenancy/ Express Flat Allocation Scheme exercise within three years from the date of tenancy commencement of their PRH units, they will not be allowed to apply this GSH sales exercise.

Flat selection priority order is subject to relevant sales arrangements issued by the HA from time to time. In case of dispute, the HA’s decision shall be final.

  • The following alienation restrictions and procedures will apply to the owner for the sale of GSH flats sold under the current sale exercise:

 

Alienation Restrictions

  • Within the first two years from the date of the first deed of assignment of the flat from the HA to a flat owner (date of first assignment):
  • The owner has to offer to sell the flat to the HA. Under existing policy, the HA will not buy back the flat, but will exercise the power under the Housing Ordinance (Cap. 283) to nominate a buyer. The flat is to be assigned to a Green Form buyer to be nominated by the HA at the original purchase price in accordance with the procedures and requirements as from time to time stipulated by the HA. The owner is required to pay the required administrative fee for the application for offer to sell.
  • Between the third to the fifth year from the date of first assignment:
  • The owner may either offer to sell the flat to the HA or sell the flat in the HOS Secondary Market to a Green Form buyer to be nominated by the HA without payment of premium and at his/her own negotiated price.
  • If the owner offers to sell the flat to the HA, under existing policy, the HA will not buy back the flat, but will exercise the power under the Housing Ordinance (Cap. 283) to nominate a buyer. The flat is to be assigned to a Green Form buyer to be nominated by the HA at the price assessed by the Director of Housing (which is the market price as assessed by the Director of Housing at the time when the offer to sell the flat to the HA was made, less the original discount when the flat was purchased from the HA) in accordance with the procedures and requirements as from time to time stipulated by the HA. The owner will need to pay for the administrative fee for the application for offer to sell and for assessment of the price of the flat.
  • After five years from the date of first assignment:
  • The owner may sell the flat in the HOS Secondary Market to a Green Form buyer to be nominated by the HA without payment of premium and at his/her own negotiated price.
  • The owner may also sell the flat in the open market after payment of premium.
  • Upon receipt of an application for offer to sell to the HA, the HA reserves the right to accept the assignment of the flat to the HA (instead of to a nominee of the HA) or to decline the offer, in accordance with its prevailing policy.
  • The HA will not accept any offer to sell from a GSH flat owner after five years from the date of first assignment.
  •  The HA will decline all buyback offers for the GSH flats sold from 2016 onwards.
  • The provision of mortgage guarantee in respect of loans granted by banks and other authorised financial institutions for the purchase of GSH flats has been continued.
  • A one year defects liability period from the date of assignment of individual flats is provided.
  • A structural safety guarantee (SSG) of 10 years from the date of building completion for GSH flats will be offered. For new GSH flats, the date of building completion for the purpose of the Structural Safety Guarantee will be the date of the Occupation Permit issued by the Independent Checking Unit of Housing Department in respect of the buildings concerned.
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