Gale Well Group vice chairman and CEO Jacinto Tong outside The Sun’s Group Centre in Central. Photo: Nora TamGale Well Group vice chairman and CEO Jacinto Tong outside The Sun’s Group Centre in Central. Photo: Nora Tam
Gale Well Group vice chairman and CEO Jacinto Tong outside The Sun’s Group Centre in Central. Photo: Nora Tam
Property /  Hong Kong & China

Veteran property investor says mortgage lending rule should be eased if Hong Kong home prices drop another 10 per cent

Rule requiring buyers to put down 20 per cent still means home ownership is out of reach for most young people, says Jacinto Tong

Topic |   Hong Kong property
Sandy Li
Sandy Li

Updated: 2:54pm, 20 Jul, 2018

Why you can trust SCMP
Gale Well Group vice chairman and CEO Jacinto Tong outside The Sun’s Group Centre in Central. Photo: Nora TamGale Well Group vice chairman and CEO Jacinto Tong outside The Sun’s Group Centre in Central. Photo: Nora Tam
Gale Well Group vice chairman and CEO Jacinto Tong outside The Sun’s Group Centre in Central. Photo: Nora Tam
READ FULL ARTICLE