2024 Policy Address: HKMA to adjust LTV ratio for all properties to 70%

Meanwhile, the maximum debt servicing ratio for properties will be 50%.

The Hong Kong Monetary Authority will adjust the maximum loan-to-value ratio for all properties to 70%, Chief Executive John Lee announced in his Policy Address. 

This adjustment reflects the current economic and financial conditions, he said. It will apply to both residential and non-residential properties, regardless of their value, whether they are for self-use or owned by companies. 

Additionally, the maximum debt servicing ratio for properties will be adjusted to 50%.

Lee noted that public housing supply is set to reach 189,000 units over the next five years, an increase of about 80% compared to the five years leading to 2027, addressing public concerns over housing availability.