HK mortgage rule easing won’t boost home sales | HK Weekend Property Market Recap

Squarefoot Editor 2023-09-27 41 #Movie

Last Friday, the Hong Kong Mortgage Corporation eased mortgage rules ahead of next month’s Policy Address. Previously, only buyers with unfinished flats below HK$6 million were eligible for mortgage insurance.

However, analysts say that market sentiment has deteriorated due to an uncertain economic environment and interest rate concerns.

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2025-05-09 Squarefoot Editor

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