Property is a cyclical phenomenon due to overall economic cycle. The property market plays a vital role in the Hong Kong's economy. A large proportion of assets for many households are belonging to housing. In banking sector, more than half of mortgage loans are credited for the purchase of the private residential properties and loans for construction companies and property development. The monthly rental payment is almost equivalent to the monthly installment. Many bankers are still offering attractive mortgage packages to prospective investors and customers now. Hong Kong's economy will continue to forge ahead in coming years. It is a good time for tenants to find their ideal homes. Hope to see you soon! |