Government Housing Schemes Loan
Government Home Ownership Scheme

Including the Home Ownership Scheme flats with unpaid premium in both first and second market

  • Up to 95% of loan amount of the purchase price for Green Form applicants
  • Up to 90% of loan amount of the purchase price for White Form applicants
  • Repayment period of up to 25 years
  • No fee on full redemption
Tenant Purchase Scheme
  • The loan amount of up to 100% of the appraised property value(1) with repayment period of up to 25 years
  • No prepayment handling fee or full redemption fee
My Home Purchase Scheme
  • Up to 90% of loan amount of the purchase price
  • Repayment period of up to 30 years
(1) Excluding the deposit / Intention Money paid to the Hong Kong Housing Authority.
Home Buying Tips
  1. Q.1 Can the owner arranges Further charge or Re-mortgage for properties under Public Rental Housing or Home Ownership Scheme?

    Yes. But customers must first obtain the consent letter from the Hong Kong Housing Authority for Further Charge/ Re-mortgage.

  2. Q.2 What is the “Extending the Home Ownership Scheme Secondary Market to White Form Buyers” scheme?

    “Extending the Home Ownership Scheme (HOS) Secondary Market to White Form (WF) Buyers” is a housing scheme launched by the Hong Kong Housing Authority (HA) in January 2013. Eligible WF applicants allocated with quotas may purchase a flat in the HA's HOS Secondary Market or the HS's Flat-For-Sale Scheme (FFSS) Secondary Market without the need to pay premium.

  3. Q.3 What is “My Home Purchase Plan”?

    “My Home Purchase Plan” (MHPP) is a housing plan launched collaboratively by the Government the Hong Kong Housing Society (HKHS). Under this Plan, HKHS will lease the flats to eligible applicants at prevailing market rates. After the tenancy period, tenants may purchase the flat either under this plan or in private market and will receive a subsidy equivalent to half of the net rental they have paid during the tenancy period.

  4. Q.4 What documents are needed for the mortgage application?

    Applicant can make an application in any of our Hang Seng Mortgage Centre, branches or make an online application with the Sale & Purchase agreement, ID card copy and income proof.

  5. Q.5 What fees and charges will be incurred in flat purchasing process?
    Applicants are required to pay the following fees and charges:
    • Stamp duty
    • Registration fees for registration of the deeds
    • Legal costs
    • The fees for certified copies of the deeds (including the government lease and the Deed of Mutual Covenant and other relevant title deeds)
    • Legal costs of the solicitors acting for the bank

  6. Q.6 What is the handling procedure in case of transfer of ownership?
    • The provision of consent to change of ownership issued by Hong Kong Housing Authority is required. In case the owner would like to apply for a change in mortgage arrangement at the same time, Mortgage Consent Letter is also required to submit together with the re-mortgage application
    • The owner then applies the transfer mortgage application
    • The assignment deed and mortgage deed are arranged in designated solicitor firm
Flexible Repayment Option

Other than the monthly fixed instalment repayment option, you can also choose other repayment plans which suit your financial needs.

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