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Hong Kong landlords accuse banks of deepening shop slump with reluctance to lend

Hong Kong landlords accuse banks of deepening shop slump with reluctance to lend
South China Morning Post Monday 07 September 2026, 11:00 UTC By Peggy Ye 1 min read
Key Points

Hong Kong landlords and property industry figures are accusing banks of deepening the city’s shop slump by pulling back from commercial mortgages, leaving more potential buyers unable to secure financing even though property values have fallen sharply. Shop buyers were increasingly being turned away, even though Hong Kong’s residential market had gained momentum this year and banks were competing for mortgage borrowers, they said. Shih Wing-ching, founder of Centaline Property, said banks...

Hong Kong landlords and property industry figures are accusing banks of deepening the city’s shop slump by pulling back from commercial mortgages, leaving more potential buyers unable to secure financing even though property values have fallen sharply. Shop buyers were increasingly being turned away, even though Hong Kong’s residential market had gained momentum this year and banks were competing for mortgage borrowers, they said. Shih Wing-ching, founder of Centaline Property, said banks tended... [Image text:] KEEA 231 28381633 264-2696269 61816119 / 64645987 91309280 FEL 97721252 94826801 X 90881595 91309280 91502181 NNT 82260773 264-2685 62833619 55486228 9130 23923392 WESAL INORAN INORAN IDES TDES NORAN 4 INORAN IDES
Hong Kong (LOCATION) Hong Kong’s (LOCATION) Shih Wing-ching (PERSON) Centaline Property (ORG)
Originally published by South China Morning Post Read original →

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