PDF《NOTES TO PURCHASERS OF FIRST-HAND》

AB001 NOTES TO PURCHASERS OF FIRST-HAND RESIDENTIAL PROPERTIES 一手住宅物业买家须知 You are advised to take the following steps before purchasing first-hand residential properties.

For all first-hand residential properties 1. Important information ? Make reference to the materials available on the Sales of First-hand Residential Properties Electronic Platform (SRPE) (www.srpe.gov.hk) on the first-hand residential property market. ? Study the information on the website designated by the vendor for the development, including the sales brochure, price lists, documents containing the sales arrangements, and the register of transactions of a development. ? Sales brochure for a development will be made available to the general public at least

7 days immediately before a date of sale while price list and sales arrangements will be made available at least

3 days immediately before the date of sale. ? Information on transactions can be found on the register of transactions on the website designated by the vendor for the development and the SRPE. 2. Fees, mortgage loan and property price ? Calculate the total expenses of the purchase, such as solicitors'

fees, mortgage charges, insurance fees and stamp duties. ? Check with banks to find out if you will be able to obtain the needed mortgage loan, select the appropriate payment method and calculate the amount of the mortgage loan to ensure it is within your repayment ability. ? Check recent transaction prices of comparable properties for comparison. ? Check with the vendor or the estate agent the estimated management fee, the amount of management fee payable in advance (if any), special fund payable (if any), the amount of reimbursement of the deposits for water, electricity and gas (if any), and/or the amount of debris removal fee (if any) you have to pay to the vendor or the manager of the development. 3. Price list, payment terms and other financial incentives ? Vendors may not offer to sell all the residential properties that are covered in a price list. To know which residential properties the vendors may offer to sell, pay attention to the sales arrangements which will be announced by the vendors at least

3 days before the relevant residential properties are offered to be sold. ? Pay attention to the terms of payment as set out in a price list. If there are discounts on the price, gift, or any financial advantage or benefit to be made available in connection with the purchase of the residential properties, such information will also be set out in the price list. ? If you intend to opt for any mortgage loan plans offered by financial institutions specified by the vendor, before entering into a preliminary agreement for sale and purchase (PASP), you must study the details of various mortgage loan plans1 as set out in the price list concerned. If you have any questions about these mortgage loan plans, you should check with the financial institutions concerned direct before entering into a PASP. 4. Property area and its surroundings ? Pay attention to the area information in the sales brochure and price list, and price per square foot/ metre in the price list. According to the Residential Properties (First-hand Sales) Ordinance (Cap. 621) (the Ordinance), vendors can only present the area and price per square foot and per square metre of a residential property using saleable area. Saleable area, in relation to a residential property, means the floor area of the residential property, and includes the floor area of every one of the following to the extent that it forms part of the residential property - (i) a balcony;

(ii) a utility platform;

and (iii) a verandah. The saleable area excludes the area of the following which forms part of the residential property - air-conditioning plant room;

bay window;

cockloft;

flat roof;

garden;

parking space;

roof;

stairhood;

terrace and yard. ? Floor plans of all residential properties in the development have to be shown in the sales brochure. In a sales brochure, floor plans of residential properties in the development must state the external and internal dimensions of each residential property2 . The external and internal dimensions of residential properties as provided in the sales brochure exclude plaster and finishes. You are advised to note this if you want to buy furniture before handing over of the residential property. ? Visit the development site and get to know the surroundings of the property (including transportation and community facilities). Check town planning proposals and decisions which may affect the property. Take a look at the location plan, aerial photograph, outline zoning plan and cross-section plan that are provided in the sales brochure. 5. Sales brochure ? Ensure that the sales brochure you have obtained is the latest version. According to the Ordinance, the sales brochure made available to the public should be printed or examined, or examined and revised within the previous

3 months. ? Read through the sales brochure and in particular, check the following information in the sales brochure - C whether there is a section on relevant information in the sales brochure, under which information on any matter that is known to the vendor but is not known to the general public, and is likely to materially affect the enjoyment of a residential property will be set out. Please note that information contained in a document that has been registered with the Land Registry will not be regarded as relevant information ;

1 The details of various mortgage loan plans include the requirements for mortgagors on minimum income level, the loan limit under the ........