{"id":101063,"date":"2018-11-09T09:31:32","date_gmt":"2018-11-09T02:31:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/transactions-of-government-subsidised-homes-sink-to-record-low-in-october-as-property-market-wobbles\/"},"modified":"2018-11-09T10:03:00","modified_gmt":"2018-11-09T03:03:00","slug":"transactions-of-government-subsidised-homes-sink-to-record-low-in-october-as-property-market-wobbles","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/transactions-of-government-subsidised-homes-sink-to-record-low-in-october-as-property-market-wobbles\/","title":{"rendered":"Transactions of government subsidised homes sink to record low in October as property market wobbles"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s falling private housing prices are weighing heavily on the sales of government subsidised homes.<br \/>\nThe number of transactions of used Home Ownership Scheme (HOS) flats fell to 180 in October from 451 in May \u2013 the lowest since records began in 1996, according to data from Ricacorp Properties. Transaction volume also fell by nearly 60 per cent from HK$2.3 billion to HK$930 million in the same period.<\/p>\n<p>Hong Kong\u2019s private home prices fell by a combined 1.5 per cent from&#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\/2172339\/transactions-government-subsidised-homes-sink-record-low\" target=\"_blank\">Transactions of government subsidised homes sink to record low in October as property market wobbles<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s falling private housing prices are weighing heavily on the sales of government subsidised&#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-101063","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-qi3","jetpack-related-posts":[{"id":105905,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-real-estate-bull-market-regains-its-pace-as-sales-value-of-citys-subsidised-homes-soars-to-22-year-high\/","url_meta":{"origin":101063,"position":0},"title":"Hong Kong\u2019s real estate bull market regains its pace, as sales value of city\u2019s subsidised homes soars to 22-year high","date":"April 9, 2019","format":false,"excerpt":"\r Hong Kong\u2019s property bull market regained pace after a brief falter, extending its reach over to the city\u2019s subsidised housing market as the number of transactions and sales value soared.The number of pre-owned flats sold through the Home Ownership Scheme (HOS) increased 60 per cent to 477 units in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116503,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-ck-asset-wins-hong-kongs-first-plot-of-land-earmarked-for-private-and-subsidised-starter-homes-for-lowly-hk4-9-billion-as-covid-19-batters-property-market\/","url_meta":{"origin":101063,"position":1},"title":"Developer CK Asset wins Hong Kong\u2019s first plot of land earmarked for private and subsidised starter homes for lowly HK$4.9 billion as Covid-19 batters property market","date":"May 19, 2020","format":false,"excerpt":"\r CK Asset Holdings has won Hong Kong\u2019s first ever plot of land earmarked for a mixture of private and government-subsidised homes developed by private builders, for a price at the lower end of market expectations.The second-biggest developer in Hong Kong by value will pay HK$4.95 billion (US$638.8 million) for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-buying-frenzy-spills-over-into-hong-kongs-lived-in-subsidised-home-ownership-scheme-flats\/","url_meta":{"origin":101063,"position":2},"title":"Home buying frenzy spills over into Hong Kong\u2019s lived-in, subsidised Home Ownership Scheme flats","date":"July 9, 2021","format":false,"excerpt":"\r Hong Kong\u2019s home buying fever has spilled over into the subsidised housing market as turnover and average prices rise to new highs amid a recovery in the city\u2019s coronavirus pandemic-battered economy.Transactions involving lived-in Home Ownership Scheme (HOS) flats in the first half of this year amounted to HK$17.6 billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116828,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-young-homebuyers-set-sight-on-subsidised-starter-homes-in-kowloon-east-spurn-horrible-micro-flats\/","url_meta":{"origin":101063,"position":3},"title":"Hong Kong\u2019s young homebuyers set sight on subsidised starter homes in Kowloon East, spurn \u2018horrible\u2019 micro flats","date":"June 2, 2020","format":false,"excerpt":"\r Angela Leung\u2019s dream of owning her first home is coming closer. By her estimate, that will be some time in 2024, when CK Asset Holdings delivers the keys to so-called \u201cstarter homes\u201d for young professionals.Her focus is on a former quarry site in Kwun Tong in Kowloon East, which\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94679,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-breaking-sale-of-hk10-million-subsidised-flat-prompts-calls-for-further-public-housing-restrictions-in-hong-kong\/","url_meta":{"origin":101063,"position":4},"title":"Record-breaking sale of HK$10 million subsidised flat prompts calls for further public housing restrictions in Hong Kong","date":"July 25, 2018","format":false,"excerpt":"\r Hong Kong\u2019s subsidised housing market is setting fresh records, with a government-built flat being sold for more than HK$10 million (US$1.27 million), despite new measures aimed at taming runaway property prices. At the same time, market watchers are looking for signs of a tipping point after major developer Sun\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125169,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/subsidised-homes-for-hong-kongs-young-couples-would-help-solve-housing-crisis\/","url_meta":{"origin":101063,"position":5},"title":"Subsidised homes for Hong Kong\u2019s young couples would help solve housing crisis","date":"March 8, 2022","format":false,"excerpt":"\r In early December, the Economist Intelligence Unit (EIU) released the \u201cWorldwide Cost of Living 2021\u201d report.Hong Kong, which ranked first last year, fell to fifth place below Zurich by end of 2021, while Tel Aviv in Israel became the city with the highest cost of living in the world\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\/101063"}],"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=101063"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101063\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}