{"id":76802,"date":"2018-01-16T07:33:19","date_gmt":"2018-01-16T00:33:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/relaxing-cap-in-hong-kongs-mortgage-scheme-will-offer-more-choices-to-first-time-buyers\/"},"modified":"2018-01-16T08:03:36","modified_gmt":"2018-01-16T01:03:36","slug":"relaxing-cap-in-hong-kongs-mortgage-scheme-will-offer-more-choices-to-first-time-buyers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/relaxing-cap-in-hong-kongs-mortgage-scheme-will-offer-more-choices-to-first-time-buyers\/","title":{"rendered":"Relaxing cap in Hong Kong\u2019s mortgage scheme will offer more choices to first-time buyers"},"content":{"rendered":"


\nFirst time homebuyers in Hong Kong have little choice under existing mortgage rules for mass flats unless they settle for old, tiny apartments in far off areas.
\nUnder the current home financing scheme, first time buyers only can receive loan-to-value ratio of 90 per cent for flats that cost HK$4 million (US$511,000) or less through the Hong Kong Mortgage Corporation insurance scheme.
\nBut as prices break one record after another, the availability in this range has declined sharply. In Tuen Mun,…
\n
\nSource : South China Morning Post
\nRead more…Relaxing cap in Hong Kong\u2019s mortgage scheme will offer more choices to first-time buyers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

First time homebuyers in Hong Kong have little choice under existing mortgage rules for mass...<\/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-76802","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-jYK","jetpack-related-posts":[{"id":112488,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-higher-mortgage-cap-deters-at-least-one-developer-from-building-micro-flats-as-buyers-can-now-afford-larger-homes\/","url_meta":{"origin":76802,"position":0},"title":"Hong Kong\u2019s higher mortgage cap deters at least one developer from building micro-flats as buyers can now afford larger homes","date":"November 20, 2019","format":false,"excerpt":"\r The boom in Hong Kong\u2019s micro-apartments appears to be over, as the first easing in mortgage entitlements in a decade has helped buyers to afford larger homes, causing at least one developer of shoebox-sized property to quit the market.Micro-apartments, defined as those smaller than 200 square feet (18.6 square\u2026","rel":"","context":"In "Property News"","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":76802,"position":1},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127673,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-nano-flats-does-falling-demand-point-to-the-end-of-container-size-abodes\/","url_meta":{"origin":76802,"position":2},"title":"Hong Kong\u2019s nano flats: does falling demand point to the end of container-size abodes?","date":"July 12, 2022","format":false,"excerpt":"\r Divergent responses to recent property launches suggest buyers in Hong Kong have started preferring larger flats, following a relaxation of mortgage rules and as the market remains soft.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s nano flats: does falling demand point to the end of container-size\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129895,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-home-buyers-swoop-in-on-sun-hung-kais-wetland-flats-to-get-ahead-of-hong-kongs-first-mortgage-hikes-in-four-years\/","url_meta":{"origin":76802,"position":3},"title":"First-home buyers swoop in on Sun Hung Kai\u2019s Wetland flats to get ahead of Hong Kong\u2019s first mortgage hikes in four years","date":"September 22, 2022","format":false,"excerpt":"\r The limited offer came on the day when five of Hong Kong\u2019s largest banks raised their prime rates for the first time in four years, hot on the heels of a 75-basis point increase in base rate by the local monetary authority.\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In "Property News"","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":76802,"position":4},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76232,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-calls-for-relaxed-mortgage-lending-for-mass-market-flats\/","url_meta":{"origin":76802,"position":5},"title":"Sun Hung Kai Properties calls for relaxed mortgage lending for mass market flats","date":"January 10, 2018","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s largest developer by market value, has called out on the Hong Kong Mortgage Corporation to ease its lending scheme for mass market flats, two days after the city\u2019s financial secretary indicated that a relaxation was being considered by the government. Executive director Adam\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\/76802"}],"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=76802"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76802\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=76802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=76802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=76802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}