The Sale of Home Ownership Scheme (HOS) Flats 2025, the Sale of Green Form Subsidised Home Ownership Scheme (GSH) Flats 2025 and the White Form Secondary Market Scheme (WSM) 2025 will accept joint applications from 8am on April 30.
The Housing Authority (HA) made the announcement today, saying there will be a supply of almost 8,000 units in six projects for the sale of HOS and GSH in this batch.
The flats for sale under HOS 2025 include about 7,000 flats in five new HOS developments located in Kai Tak, Kam Tin, Tseung Kwan O, Ping Shan and Tung Chung respectively, with saleable areas ranging from about 26.1 sq m to about 52 sq m.
The discount for HOS 2025 is set at 30% of the assessed market values. The selling prices of the flats in the five new HOS developments range from about $1.5 million to about $4.8 million.
Flats for sale under GSH 2025 include over 800 new flats from the new GSH development in Kowloon Bay, Shing Chi Court, with saleable areas ranging from about 26 sq m to about 43.6 sq m. In addition, a new batch of recovered Tenants Purchase Scheme (TPS) flats will be offered for sale under GSH 2025.
With the discount for GSH 2025 setting at 40% from the assessed market values, the selling prices of flats in the new GSH development range from about $1.68 million to $3.54 million.
The list prices of the unsold TPS flats in the 39 estates range from about $0.16 million to $1.37 million, and the discounts range from 79% to 83% of the assessed market values. The final price range will depend on the recovered TPS flats that will be put up for sale under this sales exercise.
HOS 2025, GSH 2025 and WSM 2025 will implement a series of measures that encourage members of the public to move upward along the housing ladder, including allocating an extra ballot number to young family applicants and young one-person applicants aged below 40 with White Form (WF) status who opted to join the Youth Scheme (HOS).
In addition, an extra ballot number will be allocated to applicants who have failed to purchase a subsidised sale flat (SSF) in the last two consecutive sale exercises of the same type of SSF. The HOS and GSH will be conducted separately.
To encourage public rental housing (PRH) tenants to purchase SSFs, the quota allocation ratio between Green Form and WF will be increased from 40:60 to 50:50.
The alienation restriction period of new SSFs put up for sale in the open market will be shortened from 15 years to 10 years from the date of the first assignment.
As for the WSM quota, it will be further increased by 1,000 to 7,000, which includes 2,000 quotas for young applicants aged below 40, while the remaining 5,000 are ordinary quotas.
Separately, the authority sets a quota of 2,800 new HOS flats under HOS 2025 and 350 new GSH flats under GSH 2025 for family applicants applying under the Priority Scheme for Families with Elderly Members and the Families with Newborns Flat Selection Priority Scheme for ballot and priority flat selection.
To provide one-person applicants with a reasonable opportunity to purchase, the HA has set a quota of 700 new HOS flats under HOS 2025 and 100 new GSH flats under GSH 2025 for one-person applicants.
Eligible applicants may submit an online application or a paper application either in person or by post until 7pm on May 20.
Call the 24-hour hotline at 2712 8000 for enquiries.