Is there an asset limit for Green Form HOS flats in Hong Kong?
There is no income and asset limit for applying for HOS by using Green Form. However, public housing units must be returned to the Ministry of Housing within 60 days after repossession.
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The following five categories of people, whether singles or family groups, can apply for buying flats in the secondary market of HOS:
1. Tenants of residential units under the Housing Authority or Housing Society
2. Authorized residents of interim housing under the HA
3. Green Form Qualification Certificate issued by Housing Department.
4. Beneficiaries of the rent subsidy scheme for the elderly
5. The Building Assistant holds a letter of guarantee issued by the Housing Department.
6. Persons who participated in the voluntary resignation scheme of the Housing Department and were issued with qualification confirmation certificates. These people can only buy flats under the Home Ownership Scheme/Private Sector Participation Scheme, which can be transferred in the HOS secondary market scheme.