On November 26, the Central Plains Mortgage Service showed that in October 2024, the number of subsidized housing mortgage registrations in Hong Kong reached 1,088, an increase of 60% over the previous month. The main driving force for growth came from Qingtaoyuan, which joined the company in the third quarter. The number of mortgage registrations reached 468. With a market share of 54.6%, BOCHK ranked first in the subsidized housing mortgage market for 15 consecutive months. Further analysis shows that despite a recent decline in home sales, the secondary market volume of subsidized housing increased 33% over the same period last year, reaching 3,835 units in the first 10 months of this year. The government optimized the mortgage policy, extended the mortgage guarantee period to 50 years, and raised the maximum mortgage period to 30 years, which stimulated market transactions.

On November 26, the Central Plains Mortgage Service showed that in October 2024, the number of subsidized housing mortgage registrations in Hong Kong reached 1,088, an increase of 60% over the previous month. The main driving force for growth came from Qingtaoyuan, which joined the company in the third quarter. The number of mortgage registrations reached 468. With a market share of 54.6%, BOCHK ranked first in the subsidized housing mortgage market for 15 consecutive months. Further analysis shows that despite a recent decline in home sales, the secondary market volume of subsidized housing increased 33% over the same period last year, reaching 3,835 units in the first 10 months of this year. The government optimized the mortgage policy, extended the mortgage guarantee period to 50 years, and raised the maximum mortgage period to 30 years, which stimulated market transactions.