Veteran property investor says mortgage lending rule should be eased if Hong Kong home prices drop another 10 per cent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
Veteran property investor Jacinto Tong Man-leung, vice chairman of private real estate investment firm Gale...<\/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-9332","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\/p75ss1-2qw","jetpack-related-posts":[{"id":98682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-slash-prices-by-up-to-16-per-cent-as-fear-grips-hong-kong-in-wake-of-prime-rate-hike\/","url_meta":{"origin":9332,"position":0},"title":"Homeowners slash prices by up to 16 per cent as \u2018fear\u2019 grips Hong Kong in wake of prime rate hike","date":"September 27, 2018","format":false,"excerpt":"\r Fears of a drop in home prices are growing in the world\u2019s least affordable housing market as at least five homes were unloaded at discounts of up to 16 per cent on Thursday, following higher mortgage lending rates unveiled by 11 local banks. In anticipation of higher prime lending\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59348,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-price-gain-ease-as-rising-stamp-duty-and-mortgage-lending-tightening\/","url_meta":{"origin":9332,"position":1},"title":"Hong Kong home price gain ease as rising stamp duty and mortgage lending tightening","date":"June 30, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residential prices rose at the slowest monthly pace in four months in May, as the government\u2019s market-cooling stamp duty and the prospect of higher interest rates finally began to show their effects. May\u2019s home prices rose 1.15 per cent, slowing from April\u2019s increase of 2.55 per cent,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73111,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-money-market-rate-hits-nine-year-high-pushing-up-mortgage-lending-rates\/","url_meta":{"origin":9332,"position":2},"title":"Hong Kong money market rate hits nine-year high, pushing up mortgage lending rates","date":"November 28, 2017","format":false,"excerpt":"\r Mortgage lending rates rose in Hong Kong on Tuesday, as the city\u2019s main benchmark lending rate hit a nine-year high amid strong demand for Hong Kong dollars. One-month interbank rates in Hong Kong rose to 0.9611 per cent, up from roughly 0.367 per cent in June. More than 95\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95649,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-may-slip-as-much-as-10-per-cent-ubs-says\/","url_meta":{"origin":9332,"position":3},"title":"Hong Kong home prices may slip as much as 10 per cent, UBS says","date":"August 8, 2018","format":false,"excerpt":"\r Hong Kong home prices could slide as much as 10 per cent over the next 17 months, UBS said, mainly because of anticipated higher mortgage rates. And then there is the trade war, which threatens to weigh down prices even more. The UBS property team forecasts a drop of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54115,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-turn-to-finance-companies-as-banks-tighten-mortgage-lending\/","url_meta":{"origin":9332,"position":4},"title":"Hong Kong homebuyers turn to finance companies as banks tighten mortgage lending","date":"May 9, 2017","format":false,"excerpt":"\r Buyers of new flats seeking to minimise their down payments are increasingly choosing home loans from finance companies, which are beyond the reach of the banking regulator, according to a survey. Centaline Property Agency found that nearly 18 per cent, or HK$2.6 billion, of the estimated HK$14.7 billion in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81278,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/signs-of-cooling-hong-kong-home-prices-ease-in-january\/","url_meta":{"origin":9332,"position":5},"title":"Signs of cooling? Hong Kong home prices ease in January","date":"February 28, 2018","format":false,"excerpt":"\r Hong Kong\u2019s secondary home prices eased in January and comes at a time when close to 32,000 new flats are expected to be available for pre-sale this year. The home price index increased 1.27 per cent to 357.5, according to data released by the Rating and Valuation Department on\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\/9332"}],"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=9332"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/9332\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=9332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=9332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=9332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}