swh
You have made the mistake of using the HKIRD’s tax calculator which doesn’t calculate provisional tax. I’m sure you are very well aware the effect this will have on someone’s first year tax bill.
Hong Kong Mortgage Corporation helps a lot of people out making up the difference between the 70% mark and the 95% mark, all you need to come up with is 5% deposit
That is incorrect. A 10% deposit is still required and you have failed to mention the changes to the scheme introduced by the HKMC on the 11th June 2011 after they lowered the cap on property values that can be covered under the scheme.
The Hong Kong Mortgage Corporation Ltd