Housing Estate Improvement Account (HEIR Account)

The product is designed to enhance value of Housing Estates in partnership with the residents through the residents’ associations and facility managers.

The product seeks to improve the exterior ambience of the estate through the following:
 Asset acquisition
 Redevelopment of estates
 Improvement of facilities
 Upgrading of infrastructure
 Estates with a minimum of 10 housing units qualify
 Registered residents’ associations qualify
 Operation of the estate’s collection account with the bank 
 Access to timely funding support
 Advisory services
 Capital protection or appreciation of property value
 Preservation of estate architecture design
 Complementary value added services