Residential Mortgage Survey Results for September 2025

The Hong Kong Monetary Authority announced the results of the residential mortgage survey for September 2025.

The number of mortgage applications in September decreased month-on-month by 1.1% to 8,316.  

Mortgage loans approved in September increased by 9.4% compared with August to HK$31.4 billion.  Among these, mortgage loans financing primary market transactions increased by 17.5% to HK$12.6 billion and those financing secondary market transactions increased by 6.1% to HK$15.5 billion.  Mortgage loans for refinancing decreased by 2.4% to HK$3.2 billion. 

Mortgage loans drawn down during September increased by 9.7% compared with August to HK$20.9 billion. 

The ratio of new mortgage loans priced with reference to HIBOR decreased from 94.4% in August to 92.6% in September.  The ratio of new mortgage loans priced with reference to best lending rates increased from 1.3% in August to 1.5% in September.

The outstanding value of mortgage loans increased month-on-month by 0.2% to HK$1,891.4 billion at end-September. 

The mortgage delinquency ratio stood at a low level of 0.13% and the rescheduled loan ratio was unchanged at nearly 0%.

Annex

Hong Kong Monetary Authority
31 October 2025