Solid fundamentals will continue to stabilise Hong Kong’s home prices in the long run, says Raymond Chong, of StarPro Agency. Photo: Bloomberg Solid fundamentals will continue to stabilise Hong Kong’s home prices in the long run, says Raymond Chong, of StarPro Agency. Photo: Bloomberg
Solid fundamentals will continue to stabilise Hong Kong’s home prices in the long run, says Raymond Chong, of StarPro Agency. Photo: Bloomberg
Raymond Chong
Opinion

Opinion

Concrete Analysis by Raymond Chong

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

Raymond Chong
Raymond Chong

Updated: 2:19pm, 25 Sep, 2019

Why you can trust SCMP
Solid fundamentals will continue to stabilise Hong Kong’s home prices in the long run, says Raymond Chong, of StarPro Agency. Photo: Bloomberg Solid fundamentals will continue to stabilise Hong Kong’s home prices in the long run, says Raymond Chong, of StarPro Agency. Photo: Bloomberg
Solid fundamentals will continue to stabilise Hong Kong’s home prices in the long run, says Raymond Chong, of StarPro Agency. Photo: Bloomberg
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Raymond Chong

Raymond Chong

Raymond Chong is chief executive officer at mortgage referral brokerage firm StarPro Agency