Waiting for public housing︳Selling a property to save the business is finally implemented – Sky Post – Family – Hot Talk

Can I apply for public housing after selling the property? A Hong Kong man posted that he faced a business crisis earlier and had to sell his property to save it. Now that he has lost his residence, he wonders whether he has to wait two years after the property is sold before he can apply for public housing. According to the information from the Housing Authority, in fact, you can apply only if you don’t have a property at the moment of submitting the application form. However, if you have been a home owner, you are not eligible. Unless there are 6 situations, the Housing Department will consider discretion.

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The male netizen posted 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 up in bankruptcy. The victim pointed out that after selling the property, he no longer had property in his hands. 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 arrange public housing after two years of selling the property? Thank you.”

Netizens: Look at private flats or HOS flats

After seeing the post, many netizens pointed out that they can apply for public housing within 1 to 2 years after the sale of the property, 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 flat or a HOS flat. If you are a former HOS flat owner, you need to meet certain conditions before you can apply for public housing, and shared your own experience.

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HA relaxes restrictions on residential property ownership for public housing applicants

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According to the Housing Authority’s “Guidelines for Application for Public Rental Housing”, the basic application qualifications for public housing applicants include, from the date of signing the “Public Housing Application Form” until the date of being allocated public housing and signing a new lease through the application, Applicants and family members must not own or jointly own any residential property in Hong Kong. In addition, applicants must meet other eligibility criteria for the Waiting List, including passing the Comprehensive Means Test, and have never participated in any subsidized home ownership schemes.

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Complying with 6 conditions can be handled at the discretion of the Housing Department

However, owners, joint owners, borrowers and their spouses of the Subsidized Home Ownership Scheme are not eligible to apply. However, the Department will give special consideration to the eligibility of applicants for public housing under specific circumstances. The comprehensive consideration focuses on the following 6 items:

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

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