Waiting for social housing︳The sale of a property to save the company is finally implemented – Sky Post – Family – Hot Talk

Can I apply for public housing after selling the property? A Hong Kong man wrote that he had faced an economic crisis earlier and had to sell his property to save it. Now that he has lost his residency, he wonders whether he should wait two years after the sale of the property before he can apply for public housing. Indeed, according to information from the Housing Authority, you can only apply if you do not own a property at the time you apply, but if you have been a homeowner you are not eligible. are 6 situations, the housing department will evaluate the discretion.

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The male netizen made a post in the Facebook group “Hong Kong Public Housing Discussion Forum (FB Version)” a few days ago, saying that he faced a business crisis earlier and had to sell the property as a last resort, but unfortunately it all ended bankrupt. The victim pointed out that after selling the property, he no longer had any property in hand, and in order to have a roof over his head, he asked other netizens when they could apply for public housing.

“I would like to ask, is it possible to organize a social housing two years after the sale of the property? Thank you.”

Netizens: Look at private apartments or HOS apartments

After seeing the post, many netizens pointed out that they can apply for public housing within 1 to 2 years after the property is sold, but some also pointed out that there is no limit, as long as the relevant documents are submitted during the asset review . Some netizens said that it depends on whether the sale is a private apartment or a HOS apartment. If you are a former owner of a HOS apartment, you need to meet certain conditions before you can apply for public housing, and you shared your experience.

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HA eases restrictions on residential property ownership for public housing applicants

According to the “Public Rental Housing Application Guidelines” of the Housing Authority, the basic requirements for applying for public housing include, from the date of signing the “Public Housing Application Form” until the date of allocation of public housing and signing a new lease agreement through the application, applicants and family members shall not own or jointly own any residential property in Hong Kong. In addition, applicants must meet other eligibility criteria for the waitlist, including passing the comprehensive means test, and have never participated in subsidized home ownership programs.

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Compliance with 6 conditions can be managed at the discretion of the housing department

However, Subsidized Homeownership Scheme owners, co-owners, borrowers and their spouses are not eligible to apply. However, the Department will pay particular attention to the eligibility of public housing applicants in specific circumstances. Comprehensive consideration focuses on how much follows 6 articles:

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Applicants must provide relevant supporting documents to demonstrate the above circumstances and provide records of previous and current owners of the subsidized properties in the Land Registry for examination by the Housing Department.

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