Analyses | Land, housing and infrastructure | 2020-01-07 | HKEJ

Allowing subsidised sale flats owners to pay land premium by instalments



Presently, subsidised sale flat (SSF) owners cannot sell their units freely unless full land premium is paid. However, considering the huge amount of the land premium, SSF owners can hardly pay the lump sum in one go. To tackle such issue, the Government should allow certain flexibility for SSF owners to pay the land premium by instalments. They can decide the repayment schedule and amount based on the market condition. In addition, setting a ceiling on the repayment is important for helping owners to plan ahead.

The full version of the commentary is in Chinese only.