Overview
The purpose of this scheme is that of encouraging private owners of vacant and finished residential property with one, two or three bedrooms to enter into a lease agreement with the Housing Authority for a period of 10 years.
What You'll Get
The Housing Authority will in turn sublet these properties to persons who are eligible for social accommodation, and will be fully responsible for collecting rents and the contributions for the maintenance of the common parts from the sub-lessees. The Housing Authority will be fully responsible to ensure that sub-lessees fully comply with rent conditions imposed by the Authority.
Eligibility
Any owner of a vacant residential property in a finished state or shell form, and built in accordance with building regulations and planning permits is eligible to apply under this scheme. Also eligible are properties which are being offered on plan and which already have a development permit. Properties in shell form and on plan will be handed to the Authority in a finished state. All apartments in blocks must be served with lift. Preference will be given to properties which are fully accessible.
Application Requirements
Fill in the online form and submit.
Timeline
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apply
