hkhs - eng(04.2020).pdf · well-off tenants policy (with effect from 1 april 2020) group a rental...
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Well-off Tenants Policy
(with effect from 1 April 2020)
Group A Rental Estates
Household Size
(no. of persons)
Households are required to pay ($) Households are required
to vacate their flats ($) Normal rent 1.5 times rent
Double rent/market rent
(whichever is lower)
Households with
income not exceeding
2 times the Waiting
List Income Limits
(WLIL)
Households with income
exceeding 2 times and
not more than 3 times
the WLIL
Households with income
exceeding 3 times and not
more than 5 times the WLIL
Households with
income exceeding
5 times the WLIL
Households with
net asset value exceeding
100 times the WLIL
1 person ≤ 25,600 25,601 - 38,400 38,401 - 64,000 > 64,000 > 1,280,000*
2 persons ≤ 38,860 38,861 - 58,290 58,291 - 97,150 > 97,150 > 1,943,000*
3 persons ≤ 48,820 48,821 - 73,230 73,231 - 122,050 > 122,050 > 2,441,000*
4 persons ≤ 61,900 61,901 - 92,850 92,851 - 154,750 > 154,750 > 3,095,000
5 persons ≤ 73,780 73,781 - 110,670 110,671 - 184,450 > 184,450 > 3,689,000
6 persons ≤ 81,680 81,681 - 122,520 122,521 - 204,200 > 204,200 > 4,084,000
7 persons ≤ 93,540 93,541 - 140,310 140,311 - 233,850 > 233,850 > 4,677,000
8 persons ≤ 104,620 104,621 - 156,930 156,931 - 261,550 > 261,550 > 5,231,000
9 persons ≤ 115,420 115,421 - 173,130 173,131 - 288,550 > 288,550 > 5,771,000
10 persons or above ≤ 125,960 125,961 - 188,940 188,941 - 314,900 > 314,900 > 6,298,000
Group B Rental Estates
Household Size
(no. of persons)
Households are required to pay ($) Households are required
to vacate their flats ($) Normal rent 1.5 times rent
Double rent/market rent
(whichever is lower)
Households with
income not exceeding
2 times the Waiting
List Income Limits
(WLIL)
Households with income
exceeding 2 times and
not more than 3 times
the WLIL
Households with income
exceeding 3 times and not
more than 5 times the WLIL
Households with
income exceeding
5 times the WLIL
Households with
net asset value exceeding
100 times the WLIL
1 person ≤ 38,860 38,861 - 58,290 58,291 - 97,150 > 97,150 > 1,943,000*
2 persons ≤ 61,900 61,901 - 92,850 92,851 - 154,750 > 154,750 > 3,095,000*
3 persons ≤ 73,780 73,781 - 110,670 110,671 - 184,450 > 184,450 > 3,689,000*
4 persons ≤ 93,540 93,541 - 140,310 140,311 - 233,850 > 233,850 > 4,677,000
5 persons or above ≤ 115,420 115,421 - 173,130 173,131 - 288,550 > 288,550 > 5,771,000
Elderly Persons’ Flats
Household Size
(no. of persons)
Households are required to pay ($) Households are required
to vacate their flats ($) Normal rent 1.5 times rent
Double rent/market rent
(whichever is lower)
Households with
income not exceeding
2 times the Waiting
List Income Limits
(WLIL)
Households with income
exceeding 2 times and
not more than 3 times
the WLIL
Households with income
exceeding 3 times and not
more than 5 times the WLIL
Households with
income exceeding
5 times the WLIL
Households with
net asset value exceeding
100 times the WLIL
1 person ≤ 29,800 29,801 - 44,700 44,701 - 74,500 > 74,500 > 1,490,000#
2 persons ≤ 38,860 38,861 - 58,290 58,291 - 97,150 > 97,150 > 1,943,000#
3 persons ≤ 48,820 48,821 - 73,230 73,231 - 122,050 > 122,050 > 2,441,000#
If rent is exclusive of rates as per the Tenancy Agreement, the households have to pay the assessed rent and rates
* The net asset limits for households at sizes of 1 person to 3 persons with all members aged over 55 are the same as that a 4-person household # The net asset limits for Elderly Persons’ Flats with all members aged over 55 are the same as that of Group A 4-person household