MReferral: Hong Kong existing property mortgage registrations fell back in September, down about 15% month-on-month.

mReferral Mortgage Brokerage Services referral research department and the Land Registry's latest data show that in September 2026, Hong Kong existing property mortgage registrations totaled 7,526, a decrease of 1,272 (14.5%) from 8,798 in August; while pre-sale property mortgage registrations for the month totaled 603, a decrease of 159 (20.9%) from 762 in August. Comparing the first nine months, existing property mortgage registrations in the first nine months of this year accumulated to 64,958, an increase of 17,392 (36.6%) compared with 47,566 in the same period last year, hitting a new high for the first nine months in nearly 4 years; pre-sale property mortgage registrations in the first nine months of this year accumulated to 4,680, a decrease of 762 (14%) compared with 5,442 in the same period last year. mReferral Mortgage Brokerage Services referral chief vice president said that the slowdown in property market transactions from July to August, coupled with the lack of large new projects and Home Ownership Scheme buyers completing their mortgages, led to a month-on-month decline in both existing property and pre-sale property mortgage registrations. Recently, developers have begun making the latest sales arrangements, and the market response and sales performance of individual new projects have been good. It is expected that the property market atmosphere will gradually recover, and the mortgage market is also expected to maintain a stable trend. In terms of September's existing property mortgage bank market share, Bank Of China (Hong Kong) won for the 24th consecutive time, ranking first with a market share of 28%; HSBC ranked second with a market share of 26.5%; HANG SENG BANK ranked third with a market share of 13.5%; Standard Chartered Bank ranked fourth with a market share of 9.7%; BANKCOMM ranked fifth with a market share of 2.6%. In terms of September's pre-sale property mortgage bank market share, HSBC won for the 6th consecutive time, ranking first with a market share of 31.3%; Bank Of China (Hong Kong) ranked second with a market share of 21.6%; Standard Chartered Bank ranked third with a market share of 14.9%; HANG SENG BANK ranked fourth with a market share of 13.4%; Industrial and Commercial Bank of China (Asia) ranked fifth with a market share of 5.3%. In September 2026, the combined existing property mortgage market share of the four major banks fell 2.1% from 79.7% last month to 77.6%. said that since the beginning of the year, the four major banks have been actively competing for mortgage business, launching diversified mortgage plans and increasing related offers such as mortgage cash rebates to attract high-quality customers, enabling them to maintain a high mortgage market share. At present, two large banks have extended the application period for their fixed-rate mortgage plans to the end of this year; another large bank has launched a "first P then H" mortgage plan in response, with interest rates as low as 2.68% in the first two or three years. Its effect at this stage is the most significant, and it is believed that it will attract many customers to choose it; in addition, some small and medium-sized banks that had not previously actively expanded their mortgage business have also begun to push harder, raising offers such as mortgage cash rebates. It is expected that the mortgage war among banks will continue until the end of the year.