6-Step Guide to Land Premium Payment in Hong Kong

Land Premium Payment 6-Step Process

Total Time: Submission→Receipt of Certificate approximately 3-5 months (depending on valuation and payment speed)

• Submission + Payment of HK$6,780
• Form HPA-6 along with a cheque (payable to "Hong Kong Housing Authority") submitted to the respective Tenancy Management Office or Main Office
• Housing Authority Issues "Receipt Confirmation"
• Includes file number and scheduled surveyor visit date for property inspection preparation
• Surveyor Conducts On-site Valuation
• Evaluates area, renovations, floor level, unauthorized structures, etc.; typically completed and priced within 4-6 weeks
• Receipt of "Land Premium Assessment Notice"
• Specifies payable premium and payment deadline; appeals can be made in writing within 28 days or application for review to the Lands Tribunal
• Full Payment of Premium Within 6 Months
• Lump sum payment; installment plans (6 or 12 months) available with interest and signed agreement
• Obtain "Certificate of Removal of Alienation Restrictions"→ Registration
• Certificate issued approximately 4-6 weeks after full payment; owner registers the certificate at the Land Registry to lift all Housing Authority resale/rental restrictions

Common Pitfalls

• Expired Quotation: If payment is not made within 6 months, a revaluation is required; if property prices rise, the premium will increase accordingly.
• Outstanding Fees or Inspection Orders: Unpaid rates, management fees, or fines for mandatory building/window inspections will result in the Housing Authority suspending the process.
• Disagreement Among Co-owners: All co-owners must sign; if there are disputes, the ownership division or internal buyout must be resolved first.
• Two-Year Resale Restriction: Even after paying the premium, if it is within the first two years of purchase, the property cannot be sold on the open market until the two-year period is complete.

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