Re: The Sales of First-hand Residential Properties Authority issued a revised version of the “Notes to Purchasers of First-hand Residential Properties”

The Sales of First-hand Residential Properties Authority (“SRPA”) has revised the “Notes to Purchasers of First-hand Residential Properties” (“Notes to Purchasers”) in July 2021. With effect from 26 October 2021, the July 2021 version of the Notes to Purchasers will substitute the existing version (i.e. the August 2017 version) of the Notes to Purchasers.

According to the SRPA, as a transitional arrangement, sales brochures with date of first printing or date of examination/revision falling within the period from 26 July 2021 to 25 October 2021, both dates inclusive, may use either the existing version or the July 2021 version of the Notes to Purchasers for the purposes of section 19(1) of the Residential Properties (First-hand Sales) Ordinance (“RPFSO”). Sales brochures with date of first printing or date of examination/revision on 26 October 2021 or after MUST use the July 2021 version of the Notes to Purchasers for the purposes of section 19(1) of the RPFSO.

Licensees are advised to read the abovementioned July 2021 version of the Notes to Purchasers at the SRPA website.

(13 August 2021)