The objective of the Residential Properties (First-hand Sales) Ordinance (the Ordinance) is to enhance the transparency and fairness in the sales of first-hand residential properties, with a view to enhancing consumer protection.
One of the functions of the Sales of Residential Properties Authority (SRPA) is to educate the public on matters relating to the Ordinance. The SRPA hereby shares with prospective purchasers of first-hand residential properties the experience of some purchasers in buying first-hand residential properties. The SRPA wishes that prospective purchasers of first-hand residential properties will have a deeper understanding of the Ordinance, know more about their rights and be smart consumers.
- Think before signing Smart first-hand home buying
- Study the sales brochure carefully Information booklet is not a substitute of the sales brochure
- Is estimated material date the same as the date on which a residential property is handed over to purchasers?
- Planning of surrounding area may change Vendors’ commitments to be checked
- Right of viewing property in a completed first-hand residential development Why not view a completed property if available?
- Think before bidding first-hand residential properties offered to be sold by tender