The Deed of Mutual Covenant and monthly management fee quietly govern life in every Hong Kong flat. Here is what buyers should understand about shares, fees, reserve funds and building management before they commit.
Many people believe that the hardest part of buying a home in Hong Kong is simply saving up the down payment and passing the bank’s mortgage stress test. Once you successfully get on the property ladder and make your monthly repayments on time, does it mean that once you close your front door, you can do whatever you like inside your property?