Do you know the down payment for buying a house in Hong Kong?
Do you know the down payment for buying a house in Hong Kong? Now that house prices are getting higher and higher, we all want to know whether the price of buying a house in Hong Kong should be paid in one lump sum, or how much is the down payment, and whether it can be paid in installments. So what? Let's take a look at the relevant information and find out. Yesterday's news showed that the Hong Kong Monetary Authority announced that in view of the continuous recovery of the property market, the SAR Government had issued instructions to banks to tighten mortgage loans. For the first time, HKMA imposed restrictions on "non-Hong Kong" borrowers, requiring them to pay 10% more down payment than Hong Kong residents. For people who invest less, especially those whose monthly salary includes basic salary, skill salary, post salary, four gold and a small amount of subsidies, and those who are similar to other state-owned enterprises, they will pay a down payment of 60,000 yuan, then deduct it according to everyone's monthly salary and pay it off in 20 years. A friend of mine rented a small house of 10 square meter near the New Territories in Hong Kong, with a monthly rent of 3 100 yuan. The owner is very clever, dividing a suite into three single rooms of 10 square meter, and charging a monthly rent of 9500. Living in Hong Kong is an outrageous culture. Rent if you can't afford the down payment. According to my analysis, there may be a risk of raising interest rates. But it seems that the low interest rate of buying a house in Hong Kong will continue, even if it is raised, it will not be too outrageous. Even if it is quadrupled, it will become too high. Paying 300 yuan more every month is not risky to buy a house.