latest policy guidelines HKMC have just issued to banks is that 95% loans for purchase over $6m will be declined, 10% minimum deposit now applies over $6m.
There's a lot of wringing of hands over the overheated luxury housing sector in HK, I'm expecting the credit situation for pilots to deteriorate further as Tsang Inc makes bumbling attempts to reign it all in.
for the sake of those who are not yet on the property ladder, this is not a good place to discuss the specifics of what is possible by the keen - keep it on the flight deck
