{"id":111756,"date":"2019-10-21T13:36:17","date_gmt":"2019-10-21T06:36:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-surge-to-six-month-high-as-banks-seen-facing-longer-time-to-approve-mortgage-financing\/"},"modified":"2019-10-21T15:22:52","modified_gmt":"2019-10-21T08:22:52","slug":"hong-kong-home-sales-surge-to-six-month-high-as-banks-seen-facing-longer-time-to-approve-mortgage-financing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-surge-to-six-month-high-as-banks-seen-facing-longer-time-to-approve-mortgage-financing\/","title":{"rendered":"Hong Kong home sales surge to six-month high as banks seen facing longer time to approve mortgage financing"},"content":{"rendered":"


\nSales of Hong Kong\u2019s lived-in homes jumped by more than threefold over the weekend after the government last week raised the mortgage entitlements for borrowers, catching banks off guard with a sudden flurry of financing applications, brokers said.Twenty used homes changed hands at 10 housing estates in the city over the weekend, according to data by Centaline Property Agency, a six-month high. The surprise gain prompted brokers to advise buyers to allow an extra 30 days to two months for their\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong home sales surge to six-month high as banks seen facing longer time to approve mortgage financing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sales of Hong Kong\u2019s lived-in homes jumped by more than threefold over the weekend after...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-111756","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-t4w","jetpack-related-posts":[{"id":63988,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-banks-offer-this-years-lowest-mortgage-rates-for-two-projects-in-tsuen-wan\/","url_meta":{"origin":111756,"position":0},"title":"Hong Kong banks offer this year\u2019s lowest mortgage rates for two projects in Tsuen Wan","date":"August 17, 2017","format":false,"excerpt":"\r Competition in the mortgage loan business among banks in Hong Kong is heating up, with some partnering with mortgage brokers to offer this year\u2019s lowest mortgage rate to buyers of two new developments in Tsuen Wan. Centaline Mortgage Broker said on Thursday that it would provide clients who bought\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mortgage-loans-surge-to-9-month-high-as-new-homebuyers-seek-more-financing\/","url_meta":{"origin":111756,"position":1},"title":"Hong Kong mortgage loans surge to 9-month high as new homebuyers seek more financing","date":"March 31, 2025","format":false,"excerpt":"\r Financial institutions approved mortgage loan applications worth US$3.3 billion in February.\r \r Source : South China Morning Post\r Read more...Hong Kong mortgage loans surge to 9-month high as new homebuyers seek more financing","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147983,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-surge-to-5-month-high-as-easier-mortgage-rules-take-effect\/","url_meta":{"origin":111756,"position":2},"title":"Hong Kong home sales surge to 5-month high as easier mortgage rules take effect","date":"November 4, 2024","format":false,"excerpt":"\r A total of 4,697 new and lived-in homes changed hands in October, reversing a two-month decline.\r \r Source : South China Morning Post\r Read more...Hong Kong home sales surge to 5-month high as easier mortgage rules take effect","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120954,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-hong-kong-mortgage-broker-aahorses-to-give-clients-bigger-cut-of-commission-in-hunt-for-market-share\/","url_meta":{"origin":111756,"position":3},"title":"New Hong Kong mortgage broker AAHorses to give clients bigger cut of commission in hunt for market share","date":"July 20, 2021","format":false,"excerpt":"\r AAHorses Mortgage Brokerage Services, which started operations a week ago, will give away about 80 per cent of the commission it earns from banks to successful mortgage applicants as it competes for market share.The current practice is giving successful clients 30 per cent to 40 per cent of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135629,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-in-one-grand-jete-post-bumper-sales-as-homebuyers-rush-back-after-banks-held-mortgage-rates-unchanged\/","url_meta":{"origin":111756,"position":4},"title":"Hong Kong property: In One, Grand Jete post bumper sales as homebuyers rush back after banks held mortgage rates unchanged","date":"March 25, 2023","format":false,"excerpt":"\r The long queues were a welcomed sight for Hong Kong\u2019s developers and agents, as rising rates combined with the Covid-19 pandemic to knock the city\u2019s property bull market off its footing.\r \r Source : South China Morning Post\r Read more...Hong Kong property: In One, Grand Jete post bumper sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172510,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landlords-accuse-banks-of-deepening-shop-slump-with-reluctance-to-lend\/","url_meta":{"origin":111756,"position":5},"title":"Hong Kong landlords accuse banks of deepening shop slump with reluctance to lend","date":"September 7, 2026","format":false,"excerpt":"\r Hong Kong landlords and property industry figures are accusing banks of deepening the city\u2019s shop slump by pulling back from commercial mortgages, leaving more potential buyers unable to secure financing even though property values have fallen sharply. Shop buyers were increasingly being turned away, even though Hong Kong\u2019s residential\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111756"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=111756"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111756\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}