Chung Yuan Mortgage: Hong Kong's new home mortgage decreased by 32% monthly in February, while mortgage for pre-sale properties decreased by 25% monthly.

Wang Meifeng, the General Manager of Centaline Mortgage, stated that according to the data from the research department of Centaline Mortgage, there were 5347 newly registered building mortgages in Hong Kong in February 2026, a decrease of 31.9% compared to the previous month. Meifeng explained that in January, the number of building mortgages was relatively high mainly due to the completion of several large-scale new developments and public housing projects, leading to the registration of around 3400 mortgages (including around 1900 private properties and 1500 subsidized housing units). In contrast, in February, the number of such large-scale mortgages decreased significantly, with a focus on projects such as On Lee Garden, On Wah Garden, and Ko Wang Garden (around 763 mortgages), leading to a noticeable monthly decline in the number of building mortgages registered in February. Additionally, in February, there were a total of 286 pre-sale property mortgages registered, a decrease of 24.5% from the previous month. According to the data from the research department of Centaline Mortgage, in terms of market share of building mortgages in February 2026, the top four banks combined increased their market share by 0.1 percentage points to 76.4%. Among them, BOC HONG KONG's market share decreased by 0.2 percentage points to 31.2%, maintaining the top spot for the 17th consecutive month; HSBC's market share increased by 0.1 percentage points to 22.8%, ranking second; HANG SENG BANK's market share decreased by 0.6 percentage points to 13.4%, ranking third; and SCB's market share increased by 0.8 percentage points to 9%, ranking fourth. In terms of market share of pre-sale property mortgages in February 2026, BOC HONG KONG's market share decreased by 0.3 percentage points to 23.4%, with 67 registrations, reclaiming the top spot in the pre-sale property mortgage market; HSBC's market share decreased by 8.4 percentage points to 18.5%, dropping to second place; HANG SENG BANK's market share increased by 0.9 percentage points to 12.2%, maintaining third place; and SCB's market share increased by 0.6 percentage points to 11.2%, rising to fourth place. The data shows that in the first two months of 2026, the number of newly registered building mortgages increased by 41.8% to 13199, of which BOC HONG KONG handled 4138 of them, leading with a market share of 31.4%. In terms of pre-sale property mortgages, there were 665 registrations in the first two months of this year, a decrease of 36.4% compared to the same period last year, with BOC HONG KONG leading with 157 registrations and a market share of 23.6%.