A property developer’s proposed scheme aimed at giving university graduates a leg-up onto Hong Kong’s housing ladder is “encouraging” but will not have any serious impact in the face of record-high home prices, according to some of those it is supposed to help.
Adrian Cheng Chi-kong, grandson of the late tycoon Cheng Yu-tung and executive vice-chairman of New World Development (NWD), last week said it would offer graduates “super-low” down payments –…
Source : South China Morning Post
Read more…New World’s scheme to get graduates on property ladder will have ‘limited impact’















