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Sun Hung Kai Properties offers 120% mortgages in HK

Published Thu, Jun 16, 2016 · 09:50 PM
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Hong Kong

SUN Hung Kai Properties Ltd, Hong Kong's largest developer by market value, is offering mortgages worth as much as 120 per cent of a home's value at one of its projects as sales have slumped in the city.

There is a catch: to qualify, buyers at Park Yoho Venezia in the city's Yuen Long district must already own another proper…

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