Breaking News

• Banks decreased the interest rate by 0.125%

  2024-12

• Banks decreased the interest rate by 0.25%

  2024-11

• Raised LTV ratio of residential & non-residential properties to 70%. An applicant under New CIES can invest in residential properties priced at HK$50 million or more

  2024-10

• Banks decreased the interest rate by 0.25%

  2024-09

• Provisional agreements signed before 28th Feb this year for self-occupied presold residential properties are eligible to apply for 70% mortgage

  2024-06

• Cancel SSD, BSD and NRSD, relax mortgage loan-to-value ration and suspend interest rate stress test

  2024-02

• Mortgage Insurance Programme for off plan properties relaxed to align with completed residential properties

  2023-09

• Loosen the mortgage loan-to

  2023-07

• Adjusted value bands of Stamp Duty

  2023-02

• Buyer's Stamp Duty and New Residential Stamp Duty refund for eligible incoming talents

  2022-10

• Lowering interest rate stress testing requirement from 3% to 2%

  2022-09

• Mortgage Insurance Programme coverage extended

  2022-02

• Abolishing Doubled Ad Valorem Stamp Duty on Non-residential Property Transactions

  2020-11

• the Hong Kong Monetary Authority (HKMA) raised the applicable loan-to-value ratio cap for mortgage loans on non-residential properties

  2020-08

• Implementation of the Hong Kong National Security Law

  2020-06

• the Fed adjusted downward the target range for the US federal funds rate

  2020-03

• Covid-19

  2020-01

• Raised the cap on the value of properties under the Mortgage Insurance Programme of the HKMC Insurance Limited

  2019-10

• United State announced to set tariffs and trade barriers on China

  2019-05

• The public-private flat ratio of 60:40 will be adjusted to 70:30

  2018-12

• Proposal of Vacant property tax

  2018-06

• Buyers who acquire more than a single residential property under an instrument will be liable to pay AVD at a flat rate of 15%

  2017-04

• Residential DSD raised to 15%

  2016-11

• 7th round of mortgage tightening

  2015-02

• Capital Investment Entrant Scheme suspended

  2015-01

• Amendment to DSD

  2014-05

• The Fed announced to reduce bond purchase

  2013-12

• 6th round of mortgage tightening

  2013-06

• The Residential Properties (First-hand Sales) Ordinance introduces

  2013-04

• DSD

  2013-02

• White Form Secondary Market Scheme

  2013-01

• Enhance to SSD and BSD

  2012-10

• CCL reached its record high

  2012-05

• New policy for Resumption of Home Ownership Scheme

  2011-10

• Fifth round of increasing interest rate for HIBOR rate in the yEAR

  2011-09

• SSD, thrid round of mortgage tightening

  2010-11

• 9 new measures and 12 requirements for Off-plan

  2010-04

• HK Government announced that property sizes and per-square-foot/ per-square-metre property prices should be quoted on the basis of saleable area (SA)

  2009-12

• First round of mortgage tightening

  2009-10

• Financial crisis of 2007-08, The Hong Kong Government continued to implement the Application List system and reiterirated that it wouldn't sell land way below market prices

  2008-09

• Hong Kong Housing Department announced to restart the selling of HOS units

  2005-12

• Alienation restriction period changed from 5 years to 3 years

  2005-05

• Banks increaed the interest rate by 0.25%

  2005-03

• Tenancy policy terminated. Expansion of the Mortgage Insurace Programme to Cover Mortgages with LTV Ratio up to 95%

  2004-07

• Capital Investment Entrant Scheme launched

  2003-10

• Individual Visit Scheme launched

  2003-07

• SARS

  2003-03

• Nine Measures of Michael Suen

  2002-11

• Resale of 5,000 HOS units

  2002-06

• Reduced the upper limit of income and Total Net Asset Limits for HOS application

  2001-02

• Suspended the sale of HOS Flats

  2000-06

• Mortgage Insurance Programme launched

  1999-03

• Sandwich Class Housing Scheme terminated

  1998-10

• Target annual production of at least 85,000 flats, "Home Starter" loan scheme introduced

  1997-10

• Asian Financial Crisis

  1997-07