Frequently Asked Questions and Answers
The Residential Properties (First-hand Sales) Ordinance (the Ordinance) (Cap.621) came into effect on 29 April 2013.
The Ordinance regulates the sales of first-hand uncompleted and completed residential properties, with a view to further enhancing the transparency, fairness and consumer protection of the sales of first-hand residential properties.
The Ordinance sets out detailed requirements for vendors of first-hand residential properties to comply with in relation to sales brochures, price lists, show flats, disclosure of transaction information, advertisements, sales arrangements, and the mandatory provisions for the Preliminary Agreement for Sale and Purchase and Agreement for Sale and Purchase for the sales of first-hand residential properties. It also provides for prohibitions against misrepresentation and the dissemination of false or misleading information. Criminal offences are created for contravention of the provisions in the Ordinance.
Prospective purchasers of first-hand residential properties may obtain information on the Ordinance and the transactions of first-hand residential properties through the following channels.
- The website of the Sales of First-hand Residential Properties Authority (www.srpa.gov.hk): That is, this website.
- The Sales of First-hand Residential Properties Electronic Platform (www.srpe.gov.hk): It is a centralized electronic database of the Sales of First-hand Residential Properties Authority (SRPA). It keeps the electronic copies of the sales brochure, price lists and registers of transactions of individual first-hand residential developments, the sale of which is subject to the Ordinance.
SRPA’s Hotline: 2817 3313
Email: enquiry_srpa@hd.gov.hk
Facsimile: 2219 2220
Address: Unit E, 31/F, E-trade Plaza, 24 Lee Chung Street, Chai Wan, Hong Kong