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"LA MONTAGNE" is a great mortgage offer for home buyers
Jul 6, 2023
Hong Kong
By   Centaline Property
  • City News
  • LA MONTAGNE
  • Mortgage Discount
  • Property Market Focus
Abstract: LA MONTAGNE, the fourth phase of the Hong Kong Island South residential development by Kerry Properties, Sino Land, Swire Properties and MTR Corporation, has become the focus of the property market.

In line with the developer's sales plan, Centaline Mortgage and Centaline Property are offering a special mortgage offer to Centaline's "LA MONTAGNE" customers.

 

Centaline Mortgage's Managing Director, Ms. May Wong, announced the launch of the new "LA MONTAGNE" Superior Home Ownership Mortgage Offer for the valued buyers of "LA MONTAGNE", with a special mortgage rate as low as H+1.3% for the whole term and a cap rate of 3.5% for the actual mortgage rate, customers can enjoy a special cash rebate of up to 2.8%, which helps customers to reduce their mortgage expenses or This helps customers to reduce their mortgage payments or home purchase expenses through the rebate amount.

 

In addition, with a mortgage term of up to 30 years, customers can enjoy mortgage-link mortgages with a mortgage ratio of 80% or more*, and customers can enjoy mortgage-link mortgages with a high savings account, where the savings rate is the same as the mortgage rate, and customers can use the high savings income to offset the mortgage expenses, effectively reducing the net mortgage rate. The above plan allows customers to enjoy the most favorable mortgage rates and terms in the market, making home ownership more budget-friendly.

 "LA MONTAGNE" is a great mortgage offer for home buyers

In addition, "LA MONTAGNE" price list provides payment terms (B) 120-day standby mortgage plan for buyers to choose [instant mortgage plan without premium], the plan $0 premium and handling fee, mortgage percentage up to 70%, the full term mortgage interest rate as low as P-2.5% (P is now 6%), that is, the actual mortgage interest rate of 3.5%, customers can choose by Centaline Mortgage free referral and assistance to follow up Customers can choose to be referred and assisted by Centaline Mortgage to follow up on the plan for free, making home ownership easier.

 

*The mortgage percentage through the mortgage insurance plan is up to 80% or above, subject to the relevant criteria and final approval. The new mortgage insurance (revised scope on 19 October 2019 and 23 February 2022) is only applicable to completed properties and the mortgage offer will be subject to the bank's announcement at that time. 

 

Centaline Property's president of residential department, Mr. Chan Wing-kit, said that in the first half of 2023, Centaline City Leading Index CCL rose 6.71%, while Hong Kong Island rose 8.58%, outperforming the market, which shows that the price of second-hand private residential property on Hong Kong Island still has an advantage. Sea Ying Shan is a property above Wong Chuk Hang Station, which is seamlessly connected to a large shopping mall and is a rare quality property with great advantages.

 

The project's floor plans range from one-bedroom to four-bedroom units as well as special units, with a practical area of 351 to 2,291 square feet, making it suitable for all types of buyers. In addition, the market response when the first and second phases of "LA MON South" were launched earlier was overwhelming, and the first batch of units offered at price list were all sold out, further confirming the market's confidence in the project, and it is believed that the project will also be a big seller this time.

 

To assist buyers to enter the market of "LA MONTAGNE", Centaline Property and Centaline Mortgage are offering a new mortgage offer for "LA MONTAGNE" customers, which is believed to help customers to move into "LA MONTAGNE" more easily.

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"LA MONTAGNE" is a great mortgage offer for home buyers
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