royal green showflat

This year sees a further upward revision to 15% and 10% for a 2-year and 3- to 5-year holding period, respectively.

Hong Kong, China

To avert a property price bubble in the country's red-hot property market, since October 2009, the HK Monetary Authority has taken steps to royal green showflat tighten property mortgage lending across all types of properties.

The loan tenure is capped at 30 years for all new mortgages of any property type.

The loan-to-value (LTV) ratio cap varies from 40% to 70% for residential properties; depending on whether the properties are for owner-occupation or other uses, the value of the home, and if the borrower's income is mainly derived in HK or outside.