Philip Chan, JPDirector,
Welcome to the homepage of the Sales of First-hand Residential Properties Authority (SRPA).
To further enhance the transparency and fairness of the sales arrangement and transactions of first-hand residential properties, the Residential Properties (First-hand Sales) Ordinance (the Ordinance) came into full effect on 29 April 2013.
The objectives of the Ordinance are to create a clear, fair, balanced, practical and efficient mechanism to regulate the sales of first-hand residential properties, and to protect the interest of residential property buyers through enhancing transparency and making contravention of the mandatory requirements criminal offences. Also, the Ordinance provides a level playing field for vendors of first-hand residential properties.
The SRPA is set up under section 86(1) of the Ordinance to ensure that the Ordinance is implemented effectively. It is part of the Transport and Housing Bureau. The SRPA has an establishment of 40 staff. We are committed to implement the Ordinance in a professional, transparent and fair manner.
This homepage will help you understand more about the Ordinance and the work of the SRPA. I believe you will find this homepage useful.
Philip Chan, JP
Director, Sales of First-hand Residential Properties Authority