Solid fundamentals will continue to stabilise Hong Kong’s home prices in the long run, says Raymond Chong, of StarPro Agency. Photo: Bloomberg
Opinion
Opinion
Concrete Analysis
Will banks raising their Hibor-linked mortgage rates take the heat out of Hong Kong’s property market? Probably not
- Raising the mortgage cap from 2.375 per cent to 2.625 per cent will result in a HK$520 increase in monthly payments on average, which is unlikely to deter prospective buyers, says Raymond Chong of StarPro Agency
Solid fundamentals will continue to stabilise Hong Kong’s home prices in the long run, says Raymond Chong, of StarPro Agency. Photo: Bloomberg