Taikoo Shing will be among housing estates where renting will be cheaper than owning an apartment when the mortgage rate hits 3 per cent. Photo: Nora Tam

Increase in Hong Kong mortgage rate will make renting cheaper in seven out of 10 housing estates

Jump to 3 per cent might also cool housing prices, according to research conducted exclusively for South China Morning Post

Topic |   Hong Kong property

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Taikoo Shing will be among housing estates where renting will be cheaper than owning an apartment when the mortgage rate hits 3 per cent. Photo: Nora Tam
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