{"id":100360,"date":"2018-10-22T18:42:32","date_gmt":"2018-10-22T11:42:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/surveyors-cut-ho-man-tin-land-valuation-by-10-per-cent-in-another-sign-of-hong-kongs-softening-home-prices\/"},"modified":"2018-10-22T19:03:22","modified_gmt":"2018-10-22T12:03:22","slug":"surveyors-cut-ho-man-tin-land-valuation-by-10-per-cent-in-another-sign-of-hong-kongs-softening-home-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/surveyors-cut-ho-man-tin-land-valuation-by-10-per-cent-in-another-sign-of-hong-kongs-softening-home-prices\/","title":{"rendered":"Surveyors cut Ho Man Tin land valuation by 10 per cent in another sign of Hong Kong\u2019s softening home prices"},"content":{"rendered":"<p>&#013;<br \/>\nSurveyors have cut their valuations of a residential land parcel for sale in one of Hong Kong\u2019s upmarket suburbs, another sign of softening property prices in the world\u2019s most expensive home market.<br \/>\nThe site next to the Ho Man Tin subway station &#8211; with a gross floor area of 639,382 square feet (59,400 square metres), or the size of nine football fields &#8211; is estimated at HK$12.8 billion (US$1.63 billion), 10 per cent less than an earlier valuation, after the government scrapped a&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2169705\/surveyors-cut-ho-man-tin-land-valuation-10-cent-another\" target=\"_blank\">Surveyors cut Ho Man Tin land valuation by 10 per cent in another sign of Hong Kong\u2019s softening home prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Surveyors have cut their valuations of a residential land parcel for sale in one of&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-100360","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-q6I","jetpack-related-posts":[{"id":111287,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-desperate-homeowners-slash-prices-by-20-per-cent-after-unprecedented-violence-on-national-day\/","url_meta":{"origin":100360,"position":0},"title":"Hong Kong\u2019s desperate homeowners slash prices by 20 per cent after unprecedented violence on National Day","date":"October 3, 2019","format":false,"excerpt":"\r There are signs of further softening in Hong Kong\u2019s property market. Homeowners are slashing prices by more than 20 per cent as buyers are reluctant to commit to big purchases and banks reduce the valuation of properties amid increasingly violent protests.On Tuesday, an 18-year-old student was shot by police\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31540,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-land-prices-likely-to-continue-on-upward-trend-jlls-lau-chun-kong-says\/","url_meta":{"origin":100360,"position":1},"title":"Hong Kong\u2019s land prices likely to continue on upward trend, JLL\u2019s Lau Chun-kong says","date":"October 25, 2016","format":false,"excerpt":"\r Lau Chun-kong, head of valuation advisory services and international director of JLL, has more than 29 years of property experience in Hong Kong, China and the Asian region. Lau has a wide breath of experience in valuation, real estate consultancy and investment sales. He also has a number of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-surveyors-just-about-survive-the-onslaught-of-automation-in-the-industry-but-for-how-long\/","url_meta":{"origin":100360,"position":2},"title":"Hong Kong\u2019s property surveyors just about survive the onslaught of automation in the industry &#8230; but for how long","date":"January 23, 2019","format":false,"excerpt":"\r Singapore-based asset management company PhilipCapital and Hong Kong-based surveyors CHFT Advisory and Appraisal have formed a joint venture to promote the use of automated property appraisals and make it convenient for banks to process mortgage applications, but it faces stiff resistance from surveyors who do not want to replace\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58054,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-rates-may-crimp-hong-kongs-second-half-home-prices-by-5-per-cent-analysts-say\/","url_meta":{"origin":100360,"position":3},"title":"Rising rates may crimp Hong Kong\u2019s second-half home prices by 5 per cent, analysts say","date":"June 16, 2017","format":false,"excerpt":"\r Hong Kong\u2019s soaring home prices will likely take a breather in the second half of this year, as buyers turn cautious in anticipation of an increase in mortgage rates, while an unusually large supply of new apartments floods the market, analysts said. The city\u2019s primary and secondary residential property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102552,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sells-third-housing-plot-on-disused-airport-runway-at-12-7-per-cent-discount-in-another-sign-of-property-market-woes\/","url_meta":{"origin":100360,"position":4},"title":"Hong Kong sells third housing plot on disused airport runway at 12.7 per cent discount, in another sign of property market woes","date":"December 27, 2018","format":false,"excerpt":"\r Hong Kong\u2019s government, which relies on land sales for a substantial part of its revenue, has sold its final residential plot for the year at a 12.7 per cent discount to market valuation, in a further sign of the city\u2019s cooling property market. Kai Tak Area 4B Site 2,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154679,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-april-lived-in-home-prices-gain-as-duty-cut-spurred-deals\/","url_meta":{"origin":100360,"position":5},"title":"Hong Kong\u2019s April lived-in home prices gain as duty cut spurred deals","date":"May 28, 2025","format":false,"excerpt":"\r Hong Kong\u2019s lived-in home prices rose for the first time in five months in April, as transactions were spurred by a cut in the government\u2019s stamp duty for homes worth up to HK$4 million (US$510,000). An index measuring home prices eked out a 0.35 per cent gain to 285.7\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100360"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=100360"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100360\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}