Meridians: It is expected that the Hong Kong property market will continue to stabilize in the future, which will drive the gradual recovery of residential mortgage figures.

According to the Wisdom Financial APP, Zhongtong Finance, the vice president of mortgage referral, Cao Deming, stated that the housing market in Hong Kong was ideal in March, leading to a peak in the number of new mortgages in April. Recently, large developers have been offering properties at lower prices, attracting first-time buyers and investors to enter the market. Sales have been very good, coupled with the fall in interest rates, which has boosted the overall market atmosphere. It is expected that the housing market in Hong Kong will continue to stabilize in the future, and this will gradually increase the number of residential mortgages.