Property News · May 10, 2019

What’s the difference among Hong Kong’s subsidised housing schemes, and who can buy?


Who can buy under the Home Ownership Scheme?Public housing tenants can buy either new or used flats under the scheme without paying a premium to the Housing Authority if they surrender the public housing flats they are renting.Hong Kong families with a maximum gross monthly income of HK$60,000 (US$7,600) and assets of HK$1.96 million or below, or one-person households earning half the monthly amount, are eligible to join the Hong Ownership Scheme (HOS). Families and individuals who qualify are…

Source : South China Morning Post
Read more…What’s the difference among Hong Kong’s subsidised housing schemes, and who can buy?

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