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Home Ownership Scheme

Families or individuals who qualify for this scheme can buy a government-subsidised flat for less than the market rates.

Benefits

  • Borrow up to 95% of the property's value
  • Take out a mortgage for up to 25 years
  • Our experts can walk you through the application process
  • Manage your cash flow with our flexible repayment options. Choose fortnightly or monthly payments on either a straight-line or step-up plan.

Benefits

  • Borrow up to 95% of the property's value
  • Take out a mortgage for up to 25 years
  • Our experts can walk you through the application process
  • Manage your cash flow with our flexible repayment options. Choose fortnightly or monthly payments on either a straight-line or step-up plan.

Fees & Charges


How to apply

HSBC Personal Internet Banking customers

Use your Security Device / Mobile Security Key to log on and apply

Log on

HSBC customers without a Security Device / Mobile Security Key

Request an appointment

Arrange to see one of our mortgage specialists

Request an appointment

By Phone

Call (852) 2748 8080(852) 2748 8080

At an HSBC Mortgage Centre or Branch

Find your nearest Mortgage Centre

Find your nearest branch

Dropdown
  • Buying in secondary market

Application process: buying directly from the government


If you’re buying a qualified flat directly from the government, here’s how to apply:
STEP1

Return a completed application form with the application fee to the Hong Kong Housing Authority

STEP2

For eligible White Form applicants:

  • Receive a flat selection letter
  • Select flat and make a down payment of 10% of the purchase price

For eligible Green Form applicants (existing public housing tenant):

  • Receive a flat selection letter
  • Select flat and make a down payment of 5% of the purchase price
STEP3

Apply for a mortgage loan by visiting any HSBC branch with the following documents:

  • Sale and Purchase Agreement (Government Home Ownership Scheme) or Nomination Letter (Private Sector Participation Scheme)
  • Receipt for down payment
  • Hong Kong Identity Card
  • Bank account details
STEP4
Government Home Ownership Scheme
  • You will sign the Sale and Purchase Agreement on the same day you select the flat
  • After you have passed a copy of the Sale and Purchase Agreement to the Bank, we will issue a detailed mortgage offer letter to you
  • Upon issue of the Occupation Permit, you will sign the Mortgage Deed and Title Deed at your solicitor's office
Private Sector Participation Scheme
  • You will receive a written notification to sign the Sale and Purchase Agreement at your solicitor's office
  • We will issue you a detailed mortgage offer letter
  • Upon issue of the Occupation Permit, you will sign the Mortgage Deed and Title Deed at your solicitor's office
STEP5

Collect the keys to your new flat.

Application process: buying on the secondary market


If you’re a current or potential public housing tenant buying a government Home Ownership Scheme flat from a private owner, here’s how to apply.
STEP1

Apply for a certificate from the Government Home Ownership Scheme Secondary Market Post Sale Services Unit under the Hong Kong Housing Authority, to certify your eligibility to buy a flat.

STEP2

Search for a qualified flat that suits you.

STEP3

Negotiate the property price with the seller and then sign a provisional Sale and Purchase Agreement.

STEP4

Your solicitor will have to apply to the Government Home Ownership Scheme Secondary Market Post Sale Services Unit for a Nomination letter. You can then talk to us about arranging a mortgage.

STEP5

Sign the formal Sale and Purchase Agreement.

STEP6

Solicitors for both you and the seller must inform the Post Sale Services Unit of the Hong Kong Housing Authority of the agreement. Once the deal is finalised, you will have to give up your public housing flat (or your eligibility, if you were a prospective public housing tenant).

STEP7

Collect the keys to your new flat.

Property valuation tool

Estimate the current value of a flat in major estates of Hong Kong with our simple address-based tool.

Mortgage calculators

Learn how much you can borrow and calculate repayment amounts. You can also see what you can save with a Deposit-linked Mortgage.

Contact us

Arrange to see one of our mortgage specialists

Request an appointment

By phone

Call (852) 2748 8080(852) 2748 8080

At an HSBC Mortgage Centre or Branch

Find your nearest Mortgage Centre

Find your nearest branch

Tweet us

@HSBC_HK

To borrow or not to borrow?
Borrow only if you can repay!


Important information

Remarks Select to Expand Select to Collapse

1Hong Kong Interbank Offered Rate (HIBOR) as at any date means the Hong Kong Interbank Offered Rate for the interest period of 1 month for Hong Kong Dollars quoted by The Hongkong and Shanghai Banking Corporation Limited at or about 11:00 a.m. (Hong Kong time) on such date. This HIBOR quoted by The Hongkong and Shanghai Banking Corporation Limited is not necessarily the same as HKD Interest Settlement Rates published by The Hong Kong Association of Banks.
2Best Lending Rate (BLR) refers to the Hong Kong Dollar Best Lending Rate quoted by The Hongkong and Shanghai Banking Corporation Limited from time to time.