{"id":100638,"date":"2018-10-29T05:35:51","date_gmt":"2018-10-28T22:35:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/negative-equity-returns-to-hong-kong-as-small-flats-value-drop-by-20-per-cent-in-a-declining-market\/"},"modified":"2018-10-29T06:02:46","modified_gmt":"2018-10-28T23:02:46","slug":"negative-equity-returns-to-hong-kong-as-small-flats-value-drop-by-20-per-cent-in-a-declining-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/negative-equity-returns-to-hong-kong-as-small-flats-value-drop-by-20-per-cent-in-a-declining-market\/","title":{"rendered":"Negative equity returns to Hong Kong as small flats\u2019 value drop by 20 per cent in a declining market"},"content":{"rendered":"


\nScores of homeowners in Hong Kong are on the verge of falling into negative equity, with small flats in older buildings losing up to a fifth of their value in a matter of weeks.
\nMany people who bought flats in the last couple of months have seen their value decline by as much as 20 per cent, according to up-to-date estimates by HSBC, Hong Kong\u2019s largest mortgage provider.
\nHong Kong\u2019s famously expensive property market has started to feel the strain lately from a fall in demand…
\n
\nSource : South China Morning Post
\nRead more…Negative equity returns to Hong Kong as small flats\u2019 value drop by 20 per cent in a declining market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Scores of homeowners in Hong Kong are on the verge of falling into negative equity,...<\/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-100638","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-qbc","jetpack-related-posts":[{"id":115654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-than-1000-hong-kong-homeowners-could-see-loans-exceed-value-of-properties-in-first-quarter\/","url_meta":{"origin":100638,"position":0},"title":"More than 1,000 Hong Kong homeowners could see loans exceed value of properties in first quarter","date":"April 16, 2020","format":false,"excerpt":"\r More than 1,000 homebuyers are on the verge of falling into negative equity in Hong Kong, after the prices of flats in some housing estates declined by more than 10 per cent from October last year, industry insiders said.Negative equity occurs when a home loan exceeds the market value\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127681,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-pandemic-hits-value-of-hong-kongs-subsidised-home-ownership-scheme-flats-study-shows\/","url_meta":{"origin":100638,"position":1},"title":"Covid-19 pandemic hits value of Hong Kong\u2019s subsidised Home Ownership Scheme flats, study shows","date":"July 12, 2022","format":false,"excerpt":"\r Lived-in Home Ownership Scheme (HOS) flats lost 10 per cent of their value between January 2020 and May 2022, according to a new index compiled by Hong Kong Metropolitan University.\r \r Source : South China Morning Post\r Read more...Covid-19 pandemic hits value of Hong Kong\u2019s subsidised Home Ownership Scheme\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118683,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-return-in-droves-for-a-sell-out-weekend-of-flats-offered-by-sun-hung-kai-and-henderson-land\/","url_meta":{"origin":100638,"position":2},"title":"Hong Kong homebuyers return in droves for a sell-out weekend of flats offered by Sun Hung Kai and Henderson Land","date":"September 19, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers turned up in droves to snap up new flats at two projects on Saturday, shrugging aside concerns about the city\u2019s unemployment and the worst economic recession in decades, as social-distancing regulations eased.Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by value, sold 127 of 133\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116776,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-turn-up-in-droves-to-snap-up-wetland-seasons-flats-ignoring-us-action-to-revoke-citys-trade-status\/","url_meta":{"origin":100638,"position":3},"title":"Hong Kong homebuyers turn up in droves to snap up Wetland Seasons flats, ignoring US action to revoke city\u2019s trade status","date":"May 30, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers snapped up hundreds of new flats on Saturday, turning out in droves to defy an amber rainstorm warning and the US President Donald Trump\u2019s threat to revoke the city\u2019s special trade privileges amid an escalation of tensions with China.\r\rSun Hung Kai Properties (SHKP), Hong Kong\u2019s largest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-promise-to-sell-20-per-cent-of-flats-in-housing-projects-on-open-market-as-government-condemns-unfair-tender-process\/","url_meta":{"origin":100638,"position":4},"title":"Hong Kong developers promise to sell 20 per cent of flats in housing projects on open market as government condemns \u2018unfair\u2019 tender process","date":"April 4, 2019","format":false,"excerpt":"\r The industry body for Hong Kong\u2019s property developers said its members would from now on ensure that 20 per cent of flats in a new project are sold on the open market, as the government warned it could take action against those that sell through tender.Lawmakers have slammed developers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109994,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-shrug-off-hong-kong-rallies-to-snap-up-aurora-flats-in-tsuen-wan-offered-at-10-per-cent-discount-to-the-neighbourhood\/","url_meta":{"origin":100638,"position":5},"title":"Buyers shrug off Hong Kong rallies to snap up Aurora flats in Tsuen Wan, offered at 10 per cent discount to the neighbourhood","date":"August 17, 2019","format":false,"excerpt":"\r Homebuyers shrugged off a downpour and Hong Kong\u2019s 11th week of street protests to snap up the flats offered at a discount by Billion Development & Project Management in Tsuen Wan.Billion sold 300 flats, or 85 per cent of the 354 available units on offer at The Aurora as\u2026","rel":"","context":"In "Property 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