{"id":138592,"date":"2023-08-02T07:30:19","date_gmt":"2023-08-02T00:30:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-mortgage-loans-for-homes-under-construction-fall-to-lowest-in-17-years-as-rising-interest-rates-stifle-transactions\/"},"modified":"2023-08-02T07:41:07","modified_gmt":"2023-08-02T00:41:07","slug":"hong-kong-property-mortgage-loans-for-homes-under-construction-fall-to-lowest-in-17-years-as-rising-interest-rates-stifle-transactions","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-mortgage-loans-for-homes-under-construction-fall-to-lowest-in-17-years-as-rising-interest-rates-stifle-transactions\/","title":{"rendered":"Hong Kong property: mortgage loans for homes under construction fall to lowest in 17 years as rising interest rates stifle transactions"},"content":{"rendered":"


\nThe number of new mortgage loans on residential properties in Hong Kong has dropped dramatically this year, new figures show, as rising interest rates and economic uncertainty stifle the property market.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong property: mortgage loans for homes under construction fall to lowest in 17 years as rising interest rates stifle transactions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The number of new mortgage loans on residential properties in Hong Kong has dropped dramatically...<\/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-138592","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-A3m","jetpack-related-posts":[{"id":83845,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-ends-fixed-rate-mortgage-in-hong-kong-a-week-after-feds-rate-rise\/","url_meta":{"origin":138592,"position":0},"title":"HSBC ends fixed-rate mortgage in Hong Kong a week after Fed\u2019s rate rise","date":"March 27, 2018","format":false,"excerpt":"\r HSBC, Hong Kong\u2019s biggest lender, will stop offering its fixed-rate mortgage plan on Thursday, a week after the US Federal Reserve raised its key interest rate by 25 basis points. The move comes at a time of fierce competition between banks in Hong Kong to attract mortgage customers. The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-homebuyers-wait-on-the-sidelines-builders-tempt-them-with-special-mortgage-rates-cash-discounts\/","url_meta":{"origin":138592,"position":1},"title":"As homebuyers wait on the sidelines, builders tempt them with special mortgage rates, cash discounts","date":"October 4, 2018","format":false,"excerpt":"\r Hong Kong developers are offering cash rebates and lower mortgage rates to drum up sales after residential transactions hit a 20-month low, as rising interest rates, volatile stock market and worsening US-China trade war keep buyers on the sidelines. Vanke Property (Hong Kong), a wholly owned unit of China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-exercise-caution-in-pricing-new-projects-after-housing-transactions-fall-for-second-month-amid-rising-interest-rates\/","url_meta":{"origin":138592,"position":2},"title":"Hong Kong developers exercise caution in pricing new projects after housing transactions fall for second month amid rising interest rates","date":"August 2, 2022","format":false,"excerpt":"\r Property developers in Hong Kong will continue to price new projects competitively after the total value of housing transactions declined by a quarter in July amid an uptrend in the city\u2019s interest-rate cycle.\r \r Source : South China Morning Post\r Read more...Hong Kong developers exercise caution in pricing new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156667,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mortgage-loans-hit-12-month-high-of-us3-4-billion\/","url_meta":{"origin":138592,"position":3},"title":"Hong Kong mortgage loans hit 12-month high of US$3.4 billion","date":"June 30, 2025","format":false,"excerpt":"\r Hong Kong\u2019s approved mortgage loans surged to a one-year high in May as more homebuyers sought to refinance their existing loans amid lower bank rates, according to data from the Hong Kong Monetary Authority (HKMA). Banks approved HK$26.6 billion (US$3.39 billion) worth of loans in May, a 5.3 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-extends-pilot-fixed-rate-mortgages-scheme-by-a-year-lowers-interest-rates-to-combat-pandemic-fallout\/","url_meta":{"origin":138592,"position":4},"title":"Hong Kong extends pilot fixed-rate mortgages scheme by a year, lowers interest rates to combat pandemic fallout","date":"November 2, 2020","format":false,"excerpt":"\r The Hong Kong Mortgage Corporation (HKMC) has extended a pilot scheme for fixed-rate mortgages by a year, and said interest rates will also be lowered further, as the city faces rising unemployment and a recession amid the coronavirus pandemic.The application period for the Fixed-rate Mortgage Pilot Scheme has been\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140042,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-at-lowest-level-since-2017-as-high-interest-rates-deter-buyers-weigh-on-transactions\/","url_meta":{"origin":138592,"position":5},"title":"Hong Kong home prices at lowest level since 2017 as high interest rates deter buyers, weigh on transactions","date":"October 27, 2023","format":false,"excerpt":"\r Hong Kong\u2019s lived-in home prices fell by nearly 1.75 per cent in September to their lowest since April 2017, as elevated interest rates have dampened sentiment and kept buyers on the sidelines.\r \r Source : South China Morning Post\r Read more...Hong Kong home prices at lowest level since 2017\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\/138592"}],"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=138592"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138592\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}