{"id":758,"date":"2016-01-05T09:01:00","date_gmt":"2016-01-05T02:01:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-saddled-with-hk1-3-billion-in-mortgage-receivables-following-home-loan-push\/"},"modified":"2016-01-05T09:16:09","modified_gmt":"2016-01-05T02:16:09","slug":"developers-saddled-with-hk1-3-billion-in-mortgage-receivables-following-home-loan-push","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-saddled-with-hk1-3-billion-in-mortgage-receivables-following-home-loan-push\/","title":{"rendered":"Developers saddled with HK$1.3 billion in mortgage receivables following home loan push"},"content":{"rendered":"<p>&#013;<\/p>\n<p>  Hong Kong developers have added an estimated HK$1.3 billion in mortgage receivables to their accounts by providing first and second mortgages for the first time in a decade to help boost sales, according to analysts.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/1897925\/developers-saddled-hk13-billion-mortgage-receivables\" target=\"_blank\">Developers saddled with HK.3 billion in mortgage receivables following home loan push<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong developers have added an estimated HK$1.3 billion in mortgage receivables to their accounts&#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-758","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-ce","jetpack-related-posts":[{"id":18956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-hk-developers-being-too-generous-with-mortgages\/","url_meta":{"origin":758,"position":0},"title":"Are HK developers being too generous with mortgages?","date":"July 7, 2016","format":false,"excerpt":"\r Buyers are being tempted by 120 percent mortgages Another day, another dollar. Image credit: Krystal T (Flickr) Non-banking lenders are getting a tad too generous. This was the view of the Hong Kong Monetary Authority regarding the phenomenon of high mortgage loan-to-value ratios being bandied by property developers recently\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40211,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-sale-in-hong-kongs-trendy-soho-district-draws-developers-in-record-numbers\/","url_meta":{"origin":758,"position":1},"title":"Land sale in Hong Kong\u2019s trendy Soho district draws developers in record numbers","date":"January 10, 2017","format":false,"excerpt":"\r Forty-three developers expressed an interest in the Urban Renewal Authority\u2019s commercial and residential project near Hong Kong\u2019s Soho district on Tuesday, a new record in terms of initial responses for tender. The 9,580 square-foot plot, on Peel Street, is expected to fetch between HK$1.3 billion and HK$1.5 billion, or\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24320,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hk-developers-shift-focus-to-small-flats-amid-tighter-mortgage-rules\/","url_meta":{"origin":758,"position":2},"title":"HK developers shift focus to small flats amid tighter mortgage rules","date":"August 30, 2016","format":false,"excerpt":"\r An estimated 5,000 small flats will be completed every year between now and 2019, a 194 per cent increase on the average over the last 10 years, according to JLL\u2019s latest report on Hong Kong residential sales.\r \r Source : South China Morning Post\r Read more...HK developers shift focus\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44456,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hk-governments-ap-lei-chau-residential-site-tender-gets-bids-from-14-developers\/","url_meta":{"origin":758,"position":3},"title":"HK government\u2019s  Ap Lei Chau residential site tender gets bids from 14 developers","date":"February 17, 2017","format":false,"excerpt":"\r The Hong Kong government\u2019s tender of a residential site in Ap Lei Chau on Hong Kong island has attracted good response, with 14 bids received from local and mainland developers The waterfront site, which could yield a total gross floor area of 762,091 square feet, can accommodate 1,400 units\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/which-mortgage-rate-will-be-a-lifesaver-for-hong-kong-homeowners\/","url_meta":{"origin":758,"position":4},"title":"Which mortgage rate will be a lifesaver for Hong Kong homeowners?","date":"May 19, 2020","format":false,"excerpt":"\r \u00a0The Hong Kong Mortgage Corporation (HKMC) has recently introduced a pilot scheme for fixed-rate mortgages for 10, 15 and 20 years, with rates fixed at 2.55 per cent, 2.65 per cent and 2.75 per cent, respectively.\r\rThe maximum loan amount caps at HK$10 million (US$1.3 million). At the end of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27399,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-site-in-kowloon-tongs-beacon-hill-expected-to-sell-for-more-than-hk7-billion\/","url_meta":{"origin":758,"position":5},"title":"Prime site in Kowloon Tong\u2019s Beacon Hill expected to sell for more than HK$7 billion","date":"September 27, 2016","format":false,"excerpt":"\r Aggressive bidding from Hong Kong and mainland developers could push the price for a large luxury residential site at Beacon Hill in Kowloon Tong as high as HK$7.2 billion by the time the tenders close on Friday. The 235,182 square feet (sq ft) site on Lung Cheung Road is\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\/758"}],"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=758"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/758\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}