The Hong Kong Monetary Authority announced the results of the residential mortgage survey for May 2025.
The number of mortgage applications in May increased month-on-month by 5% to 8,187.
Mortgage loans approved in May increased by 5.3% compared with April to HK$26.6 billion. Among these, mortgage loans financing primary market transactions decreased by 4.2% to HK$8.9 billion and those financing secondary market transactions increased by 7.1% to HK$14.6 billion. Mortgage loans for refinancing increased by 33.7% to HK$3 billion.
Mortgage loans drawn down during May decreased by 5.3% compared with April to HK$16.2 billion.
The ratio of new mortgage loans priced with reference to HIBOR increased from 91.8% in April to 93.4% in May. The ratio of new mortgage loans priced with reference to best lending rates decreased from 2.3% in April to 1.9% in May.
The outstanding value of mortgage loans increased month-on-month by 0.1% to HK$1,884.2 billion at end-May.
The mortgage delinquency ratio stood at a low level of 0.13% and the rescheduled loan ratio was unchanged at nearly 0%.
Source：The Hong Kong Monetary Authority (2025.6.30)
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