{"id":120802,"date":"2021-06-22T11:01:00","date_gmt":"2021-06-22T04:01:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/handy-mortgage-tips-and-pitfalls-to-avoid-for-first-time-buyers-of-new-houses-in-hong-kong\/"},"modified":"2021-07-18T17:05:04","modified_gmt":"2021-07-18T10:05:04","slug":"handy-mortgage-tips-and-pitfalls-to-avoid-for-first-time-buyers-of-new-houses-in-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/handy-mortgage-tips-and-pitfalls-to-avoid-for-first-time-buyers-of-new-houses-in-hong-kong\/","title":{"rendered":"Handy mortgage tips and pitfalls to avoid for first-time buyers of new houses in Hong Kong"},"content":{"rendered":"<p>&#013;<br \/>\nAs the vaccine programme continues to help contain the Covid-19 pandemic in Hong Kong, home prices have rebounded substantially in recent months. A flood of cheap money unleashed by global central banks has found its way into fixed assets including residential properties.With increasing consumer confidence in the property market, buyers have responded with enthusiasm to new homes launched over the past few quarters, exceeding expectations. In particular, mega-developments from The Pavilia Farm\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3138172\/handy-mortgage-tips-and-pitfalls-avoid-first-time-buyers-new-houses-hong?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Handy mortgage tips and pitfalls to avoid for first-time buyers of new houses in Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; As the vaccine programme continues to help contain the Covid-19 pandemic in Hong Kong, home&#46;&#46;&#46;<\/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-120802","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-vqq","jetpack-related-posts":[{"id":24364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-chinas-hong-kong-unit-cuts-mortgage-rate-to-lure-buyers-offset-concern-of-us-rate-hike\/","url_meta":{"origin":120802,"position":0},"title":"Bank of China\u2019s Hong Kong unit cuts mortgage rate to lure buyers, offset concern of US rate hike","date":"August 30, 2016","format":false,"excerpt":"\r Bank of China\u2019s Hong Kong unit said it has cut its mortgage rate by 10 basis points, offering the cheapest loan in the city to attract buyers and offset rising concern of a possible rate increase in the US.\r \r Source : South China Morning Post\r Read more...Bank of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125739,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-buyers-give-nano-flats-a-wide-berth-as-buyers-armed-with-larger-mortgage-amounts-eye-bigger-homes\/","url_meta":{"origin":120802,"position":1},"title":"Hong Kong buyers give nano flats a wide berth as buyers armed with larger mortgage amounts eye bigger homes","date":"April 6, 2022","format":false,"excerpt":"\r The popularity of tiny homes took a beating last month after the government relaxed mortgage rules, bringing larger homes within reach of first-time buyers.\r \r Source : South China Morning Post\r Read more...Hong Kong buyers give nano flats a wide berth as buyers armed with larger mortgage amounts eye\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55957,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-unfazed-by-tighter-mortgage-rules-as-14000-register-for-chueng-kong-project\/","url_meta":{"origin":120802,"position":2},"title":"Hong Kong homebuyers unfazed by tighter mortgage rules as 14,000 register for Chueng Kong project","date":"May 25, 2017","format":false,"excerpt":"\r Cheung Kong Property Holdings\u2019 Ocean Pride development in Tsuen Wan has become the most sought after project since August last year after it registered 14,000 prospective buyers who were unfazed by the Hong Kong banking regulator\u2019s moves to tighten mortgage lending for investors. Sun Hung Kai Properties registered 16,700\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138240,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-relaxes-mortgage-rules-for-the-first-time-since-2009-to-make-homes-more-affordable-for-first-time-buyers-and-upgrades\/","url_meta":{"origin":120802,"position":3},"title":"Hong Kong relaxes mortgage rules for the first time since 2009 to make homes more affordable for first-time buyers and upgrades","date":"July 7, 2023","format":false,"excerpt":"\r The government would consider \u201cmarginally relaxing\u201d the loan-to-value ratio, to strike a \u201cbalance [between] financial stability and the interest of first-time homebuyers,\u201d Paul Chan said two weeks ago.\r \r Source : South China Morning Post\r Read more...Hong Kong relaxes mortgage rules for the first time since 2009 to make\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121239,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-prices-of-mid-sized-hong-kong-flats-driven-by-first-time-buyers-taking-advantage-of-relaxed-mortgage-rules-say-analysts\/","url_meta":{"origin":120802,"position":4},"title":"Record prices of mid-sized Hong Kong flats driven by first-time buyers taking advantage of relaxed mortgage rules, say analysts","date":"August 4, 2021","format":false,"excerpt":"\r More first-time buyers have been piling in to Hong Kong\u2019s property market, driving up the prices of mid-sized flats in out-of-town locations, according to analysts.Homes measuring between 431 sq ft and 752 sq ft soared to record-breaking prices in June as couples and young families snapped up second-hand units\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/four-tips-for-homebuyers-catching-a-surprise-revival-in-hong-kong-housing-market\/","url_meta":{"origin":120802,"position":5},"title":"Four tips for homebuyers catching a surprise revival in Hong Kong housing market","date":"August 4, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property market is showing some resilience of late as buyers throng showrooms on weekends in spite of the threat of rising Covid-19 infections, with prices and buying sentiment on the ascent.The upturn has come on the back brisk transactions in June and July amid expectations the Covid-19\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120802"}],"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=120802"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120802\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}