18% Interest on Hong Kong Property Purchase!




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ORIGINAL POST

Posted by Ed 6 mths ago
Just how attractive is Hong Kong property? A stock exchange filing from Tuesday evening shows that some people will continue to pay up for the chance to buy in.

Hong Kong businessman and lawmaker Peter Wong Man Kong will pay an 18 percent interest rate on one of three loans to buy a property in Deep Water Bay, an area known for luxury homes.

https://www.bloomberg.com/news/articles/2018-10-24/lawmaker-takes-loan-at-18-interest-to-buy-hong-kong-property


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