What are the schedule and quotas of the WSM 2025?

Hong Kong Housing Authority has launched the "White Form Secondary Market Scheme (WSM) 2025" in April 2026.  Approval letters for successful applicants are expected to be issued in the fourth quarter of 2026 for their applications for the Certificate of Eligibility to Purchase:

Schedule

Quotas

• Ordinary Quotas
  Family Applicants：4 500
  One-person Applicants：500 

• Quotas of the Youth Scheme (WSM)
  Young Family Applicants：1 800
  Young One-person Applicants：200 

Issue Approval Letters 

• The HA will issue Approval Letters to those eligible applicants who passed the vetting, according to the quota and their final priority. 

•  The HA will issue a suitably higher number of Approval Letters than the quota set under the WSM exercise to enable the quota for purchasing flats can be fully utilized.  The ratio of Approval Letters that exceeds the quota for WSM 2025 is 18%, a total of 8,300 Approval Letters will be issued.