Buyers of cheaper flats in older Hong Kong buildings can often only receive mortgage loans of 50 per cent of the value. Photo: Bloomberg Buyers of cheaper flats in older Hong Kong buildings can often only receive mortgage loans of 50 per cent of the value. Photo: Bloomberg
Buyers of cheaper flats in older Hong Kong buildings can often only receive mortgage loans of 50 per cent of the value. Photo: Bloomberg
Property /  Hong Kong & China

Supply of Hong Kong flats below HK$3m drops

Rising prices mean affordable homes are disappearing, leaving buyers with few options

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Sandy Li
Sandy Li

Updated: 5:32am, 17 Sep, 2014

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Buyers of cheaper flats in older Hong Kong buildings can often only receive mortgage loans of 50 per cent of the value. Photo: Bloomberg Buyers of cheaper flats in older Hong Kong buildings can often only receive mortgage loans of 50 per cent of the value. Photo: Bloomberg
Buyers of cheaper flats in older Hong Kong buildings can often only receive mortgage loans of 50 per cent of the value. Photo: Bloomberg
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