Sir Sid Darek

Sir Sid Darek

Aim of the Scheme

This Scheme is to encourage residents of apartments/terraced houses and maisonettes owned by the Housing Authority and the Government Property Department to become owner occupiers and continue using the property as their ordinary residence.


Before property can be transferred


Subsidy on the price of the property to be purchased


Penalty over market value for false declaration


Maximum assets to benefit from the subsidy