Spacious
1,000+ Reviews
Install
×
All Article Hong Kong Property Hong Kong Living Blog Overseas Property Home Improvement Expert Insights

A Complete Guide to Mortgage Stress Test

February 29, 2024

A Simplified Guide to Hong Kong's Stamp Duty 2024

February 29, 2024

A Beginner's Guide to Refinancing

February 28, 2024

An Overview of Loan-to-value Ratio for Mortgages in Hong Kong

February 28, 2024

A Complete Guide to Stamp Duty Rates on Renting in Hong Kong

June 12, 2023

All articles related to "Hong Kong Property"

A Complete Guide to Mortgage Stress Test

Taking out a mortgage from a bank requires a stress test. For new buyers who have no concept of what a stress test is, look no further than this comprehensive guide. In this article, Spacious covers a wide range of topics including when to do a stress test ; how to calculate stress test ; mortgage difference between buying a … Continue reading "A Complete Guide to Mortgage Stress Test"

February 29, 2024

A Simplified Guide to Hong Kong's Stamp Duty 2024

Buying a new home is exciting! Yet in Hong Kong, it’s better getting familiar with all the costs associated with the sale and purchase of a property. Apart from the flat price itself, other expenses, such as stamp duty, should not be overlooked. What are the common types of stamp duty in place in the local property market? How are they … Continue reading "A Complete Guide to Mortgage Stress Test"

February 29, 2024

A Beginner's Guide to Refinancing

Refinancing means to reapply for a mortgage with the same lending bank for a property that has already been mortgaged, in order to cash out more funds. Keep on reading if you are a homeowner hoping to increase your liquid assets but are not familiar with refinancing. In this Spacious’ article, you will also learn the difference between refinancing and … Continue reading "A Complete Guide to Mortgage Stress Test"

February 28, 2024

An Overview of Loan-to-value Ratio for Mortgages in Hong Kong

The maximum loan-to-value ratio (LTV ratio) for mortgages provided by banks depends on the property value. The actual approved loan-to-value ratio varies based on stress testing, property valuation, the borrower’s financial condition and the property type. LTV ratios differ between first-time and non-first-time homebuyers, as well as for private properties, village houses and public housing. Spacious consolidated a summary to … Continue reading "A Complete Guide to Mortgage Stress Test"

February 28, 2024

A Complete Guide to Stamp Duty Rates on Renting in Hong Kong

After the landlord and tenant enter into a lease agreement, they are required to pay the stamp duty rates for the lease, which involves affixing a stamp on the document. How is the stamp duty calculated? Any penalties for late payment? And what other important considerations? Let’s take a closer look at these matters in this Spacious’ article. Jump to: … Continue reading "A Complete Guide to Mortgage Stress Test"

June 12, 2023

The Basics of Formal Agreement for Sale and Purchase

During a property transaction, both the buyer and seller sign various documents, including the Formal Agreement For Sale and Purchase as well as the Provisional one, the Assignment and Mortgage Deed. All these agreements have legal validity. One might wonder why it is necessary to sign the Formal Agreement if the Provisional one already holds legal effect. What are the … Continue reading "A Complete Guide to Mortgage Stress Test"

June 9, 2023

Land Use in Hong Kong - Everything You Need to Know

Land use planning is an important part of Hong Kong’s development blueprint. In recent years, there have been numerous discussions surrounding this topic. With limited land and a dense population, careful planning is necessary to ensure optimal utilization of land, meeting the diverse development needs. It is important to understand the urban planning that shapes our lives. This includes understanding … Continue reading "A Complete Guide to Mortgage Stress Test"

June 6, 2023

A Complete Guide to Becoming an Estate Agent in Hong Kong

Does becoming a real estate agent lead to prosperity? Yes, real estate is a labor-intensive industry where your monthly earnings depend on your determination and hard work. Everyone starts from an equal footing, and the first step is to obtain a real estate license. Want to know how to transition into real estate? What preparations should you make before entering … Continue reading "A Complete Guide to Mortgage Stress Test"

June 5, 2023

A Complete Guide to Reverse Mortgage

The reverse mortgage program has the merit of lifetime loan repayment exemption. What exactly is it about? Spacious has everything you need to know about reverse mortgage. Keep reading to find out the program’s eligibility requirements, loan-to-value ratio, loan tenure, annuity amount, disbursement and more. Jump to: What is Reverse Mortgage | Eligibility | Annuity Value | Interest Rates | … Continue reading "A Complete Guide to Mortgage Stress Test"

June 2, 2023

Property Developers' Series - Henderson Land

The retired chairman of Henderson Land, Lee Shau-kee, has been a prominent figure in the real estate industry for many years. His reputation is no less than that of another real estate tycoon, the chairman of Cheung Kong Property Holdings, Li Ka-shing. Lee has dedicated his life to the business world. Starting with only HK$ 1,000 when he came to … Continue reading "A Complete Guide to Mortgage Stress Test"

May 16, 2023

A Complete Guide to TransUnion Credit Report

When a bank decides on a mortgage loan amount, they consider not only the applicant’s income, but also check their TransUnion credit report. The credit report tells a lot about the applicant’s financial health. In this article, Spacious will teach you how to read the credit report and improve your credit score. Jump to: What is a Credit Report? | … Continue reading "A Complete Guide to Mortgage Stress Test"

May 9, 2023

An Overview of Latest Mortgage Rates and Cash Back in Hong Kong

There are many mortgage plans offered by banks in the market. To choose the best plan, the two main factors to compare are the mortgage rate and cash back offer. Some banks may use a lower mortgage rate, but their cash back is less than others, which may actually be less favourable than higher-interest mortgages. Spacious has compiled the latest … Continue reading "A Complete Guide to Mortgage Stress Test"

May 4, 2023

Property Developers' Series - Sino Group

Sino Group is a household name in Hong Kong’s real estate, along with four major real estate families in Hong Kong – Sun Hung Kai Properties, Henderson Land Development, New World Development and Cheung Kong Property Holdings. Originated from Singapore, Sino Group has been in Hong Kong for nearly half a century, building a real estate empire with over 250 … Continue reading "A Complete Guide to Mortgage Stress Test"

May 2, 2023

Code of Practice for Fire Safety in Buildings - Everything you Need to Know

In recent years, open kitchens have become increasingly common in new developments. Are there any requirements of fire prevention for owners? What should be noted when renovating an open kitchen? To help you avoid legal pitfalls, Spacious has compiled some key points from the Code of Practice for Fire Safety in Buildings, as well as precautions for renovating an open … Continue reading "A Complete Guide to Mortgage Stress Test"

April 27, 2023

A Complete Guide to Home Insurance

Home insurance provides financial protection against damage to a property and belongings. Whether you are an owner or a tenant, you can take out home insurance according to your needs. However, don’t assume that the fire insurance coverage from your residential building provides the same protection as home insurance. In fact, even for home insurance, there are two main types, … Continue reading "A Complete Guide to Mortgage Stress Test"

April 26, 2023

Subscribe to Our Blog

Stay up to date with the latest property news and insights.