{"id":149277,"date":"2025-01-28T17:48:50","date_gmt":"2025-01-28T10:48:50","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-december-mortgages-shrink-21-1-as-high-rates-drive-homebuyers-to-sidelines\/"},"modified":"2025-01-28T17:53:03","modified_gmt":"2025-01-28T10:53:03","slug":"hong-kongs-december-mortgages-shrink-21-1-as-high-rates-drive-homebuyers-to-sidelines","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-december-mortgages-shrink-21-1-as-high-rates-drive-homebuyers-to-sidelines\/","title":{"rendered":"Hong Kong\u2019s December mortgages shrink 21.1% as high rates drive homebuyers to sidelines"},"content":{"rendered":"


\nMortgages shrank by 21.1 per cent last month to 6,306 applications from November, according to a statement by the Hong Kong Monetary Authority (HKMA).
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s December mortgages shrink 21.1% as high rates drive homebuyers to sidelines<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mortgages shrank by 21.1 per cent last month to 6,306 applications from November, according to...<\/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-149277","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-CPH","jetpack-related-posts":[{"id":142816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-relaxes-decade-old-lending-curbs-granting-more-mortgages-to-homebuyers-and-offices-to-bolster-citys-ailing-property-market\/","url_meta":{"origin":149277,"position":0},"title":"Hong Kong relaxes decade-old lending curbs, granting more mortgages to homebuyers and offices to bolster city\u2019s ailing property market","date":"February 28, 2024","format":false,"excerpt":"\r The relaxation by de facto central followed today\u2019s move by Hong Kong\u2019s Financial Secretary Paul Chan Mo-po to abolish a wide swathe of decade-old curbs on the city\u2019s housing sector.\r \r Source : South China Morning Post\r Read more...Hong Kong relaxes decade-old lending curbs, granting more mortgages to homebuyers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114944,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-hong-kong-homebuyers-expected-to-switch-to-cheaper-hibor-linked-mortgages-after-banks-refuse-to-cut-prime-lending-rates\/","url_meta":{"origin":149277,"position":1},"title":"More Hong Kong homebuyers expected to switch to cheaper Hibor-linked mortgages after banks refuse to cut prime lending rates","date":"March 17, 2020","format":false,"excerpt":"\r More Hong Kong homebuyers are expected to shift to cheaper mortgages linked with the Hong Kong one-month interbank offered interest rate (Hibor) after all of the city\u2019s major commercial banks said they would not cut their prime lending rates any further, according to analysts.The city has two major types\u2026","rel":"","context":"In "Property News"","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":149277,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47005,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-mtr-corp-net-profit-drops-21-1pc-to-hk10-2b-on-lower-property-income\/","url_meta":{"origin":149277,"position":3},"title":"Hong Kong\u2019s MTR Corp net profit drops 21.1pc to HK$10.2b on lower property income","date":"March 7, 2017","format":false,"excerpt":"\r MTR Corp announced a 21.1 per cent fall in net profit to HK$10.25 billion (US$1.32 billion) as its earnings contribution from Hong Kong property development slumped. The city\u2019s sole operator of the mass transit railway system said total revenue rose 8.4 per cent to HK$45.19 billion for the year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112595,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-sales-remain-sluggish-as-hong-kong-homebuyers-stay-on-the-sidelines-to-wait-out-anti-government-protest-crisis\/","url_meta":{"origin":149277,"position":4},"title":"Residential sales remain sluggish as Hong Kong homebuyers \u2018stay on the sidelines\u2019 to wait out anti-government protest crisis","date":"November 23, 2019","format":false,"excerpt":"\r Hong Kong homebuyers remain wary of the housing market as underperforming residential sales show the damage inflicted by months of citywide protests.CK Asset Holdings, the city's second-largest developer, on Saturday sold only six out of 180 available flats at its Seaside Sonata project in Cheung Sha Wan.The poor sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74528,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-what-hong-kongs-interest-rate-increase-means-for-hibor-prime-and-mortgages\/","url_meta":{"origin":149277,"position":5},"title":"Explainer: What Hong Kong\u2019s interest rate increase means for Hibor, prime and mortgages","date":"December 14, 2017","format":false,"excerpt":"\r Hong Kong Monetary Authority (HKMA), the city\u2019s de facto central bank, today raised its base lending rate for the third time this year following a similar move by the US Federal Reserve, increasing it by 25 basis points to 1.75 per cent. What is the base lending rate? It\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\/149277"}],"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=149277"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149277\/revisions"}],"predecessor-version":[{"id":149278,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149277\/revisions\/149278"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=149277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=149277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=149277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}