At approximately 24 percent, Pakistan has the highest mortgage rates compared to other South Asian countries. This rate is significantly higher than the 8–9% single-digit mortgage rates that are common in other regional economies like Vietnam, Indonesia, and India.
According to a research study released by House Building Finance Company (HBFC), this scenario stands in stark contrast to more established Asian nations like Singapore, Japan, and Taiwan, where mortgage rates are far lower, ranging between 2 percent and 4 percent.
As per the research, the construction industry…
