A general view of residential and commercial buildings in the Kowloon district (foreground) with the skyline of Hong Kong Island past Victoria Harbour (C) in the distance on August 3, 2019. Photo: AFP
Raymond Chong
Opinion

Opinion

Concrete Analysis by Raymond Chong

First-home borrowers must read the fine print as the devil is in the details of Hong Kong’s relaxed mortgage entitlements

  • The new measure is considered to be a “godsend” for first-time homebuyers
  • Double-income households can now afford to buy larger flats, compared with the nano flats they could only afford previously
A general view of residential and commercial buildings in the Kowloon district (foreground) with the skyline of Hong Kong Island past Victoria Harbour (C) in the distance on August 3, 2019. Photo: AFP
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