All articles related to Hong Kong Property

Negative equity assets brought up painful memory in Hong Kong from the 1997 financial crisis to the 2003 SARS epidemic. Homeowners of negative equity were forced to repay heavy mortgage loans as lenders started to call in the loans (as known as Call Loan). It is important to know the definition, causes and consequences of negative equity . Spacious has […]

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 […]

When couples purchase a property, they may consider whether to own the property in one’s own name or both. This article focuses on two types of co-ownership: tenancy in common and joint tenancy. It is important to understand the difference between the two terms. Otherwise, one may mistakenly believe that they have half of the property ownership, when in fact […]

In recent years, there has been a rising trend of buying pre-sale properties. Eye-catching figures such as number of subscriptions, registration of intent and lots-drawing for flat selection priority hit the headline almost every day. These jargons can be a bit overwhelming for first-time homebuyers. What do they actually mean? What is the process for buying an off-plan property ? […]

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 […]

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 […]

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 | […]

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 […]

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 […]

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? | […]