{"id":102050,"date":"2018-12-06T07:02:42","date_gmt":"2018-12-06T00:02:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-micro-flats-will-bear-the-brunt-of-price-slump-says-ck-asset-executive\/"},"modified":"2018-12-06T08:04:18","modified_gmt":"2018-12-06T01:04:18","slug":"hong-kong-micro-flats-will-bear-the-brunt-of-price-slump-says-ck-asset-executive","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-micro-flats-will-bear-the-brunt-of-price-slump-says-ck-asset-executive\/","title":{"rendered":"Hong Kong micro flats will bear the brunt of price slump, says CK Asset executive"},"content":{"rendered":"<p>&#013;<br \/>\nMicro-flats, once all the rage in Hong Kong because of their affordability, would bear the brunt of the city\u2019s property price slump, said an executive of CK Asset Holdings, one of the city\u2019s biggest developers.<br \/>\nExecutive director Justin Chiu Kwok-hung forecast that prices for tiny flats could tumble as much as 30 per cent next year as demand dries up.<br \/>\nChiu said \u201cin his personal view\u201d that prices of such units, with a size of less than 200 square feet or smaller than a&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2176586\/hong-kong-micro-flats-will-bear-brunt-price-slump-says-ck-asset-executive\" target=\"_blank\">Hong Kong micro flats will bear the brunt of price slump, says CK Asset executive<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Micro-flats, once all the rage in Hong Kong because of their affordability, would bear the&#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-102050","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-qxY","jetpack-related-posts":[{"id":138719,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-price-war-hong-kong-developers-brush-aside-fears-of-a-property-crash-even-as-ck-asset-offers-new-kowloon-flats-at-15-pc-discount\/","url_meta":{"origin":102050,"position":0},"title":"\u2018No price war\u2019: Hong Kong developers brush aside fears of a property crash even as CK Asset offers new Kowloon flats at 15 pc discount","date":"August 10, 2023","format":false,"excerpt":"\r Developer dismisses claims of price war as experts say seven-year-low prices for Kowloon flats are not a dire omen for the market.\r \r Source : South China Morning Post\r Read more...\u2018No price war\u2019: Hong Kong developers brush aside fears of a property crash even as CK Asset offers new\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-price-war-imminent-as-li-ka-shings-ck-asset-slashes-flats-to-lowest-seen-in-city-in-seven-years\/","url_meta":{"origin":102050,"position":1},"title":"Hong Kong property \u2018price war\u2019 imminent as Li Ka-shing\u2019s CK Asset slashes flats to lowest seen in city in seven years","date":"August 8, 2023","format":false,"excerpt":"\r Developer cuts prices at Coast Line II in Kowloon to US$1,921 per square foot \u2013 16 per cent below other recent launches \u2013 in a bid to boost buyer sentiment in a slumping market.\r \r Source : South China Morning Post\r Read more...Hong Kong property \u2018price war\u2019 imminent as\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144369,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-ck-asset-offers-discounts-of-up-to-32-at-its-lyos-project-in-new-territories-that-pioneered-nano-flats\/","url_meta":{"origin":102050,"position":2},"title":"Hong Kong property: CK Asset offers discounts of up to 32% at its #Lyos project in New Territories that pioneered nano flats","date":"May 13, 2024","format":false,"excerpt":"\r The flagship developer of tycoon Li Ka-shing has slashed the price of some of the remaining flats at its project in the Northern Metropolis by almost a third compared with when it was first launched in 2021.\r \r Source : South China Morning Post\r Read more...Hong Kong property: CK\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70478,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-to-be-hong-kongs-top-property-seller-with-record-us6-4b-sales\/","url_meta":{"origin":102050,"position":3},"title":"Li Ka-shing\u2019s CK Asset to be Hong Kong\u2019s top property seller with record US$6.4b sales","date":"October 31, 2017","format":false,"excerpt":"\r Cheung Kong Asset Holdings said its property sales in Hong Kong were set to hit a record HK$50 billion (US$6.409 billion) this year, making it likely to become the top property seller in the world\u2019s most expensive city to live. \u201cOur sales will climb to a historical high [this\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143236,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-ck-asset-prices-first-blue-coast-flats-well-below-cost-and-cheaper-than-other-southside-projects\/","url_meta":{"origin":102050,"position":4},"title":"Hong Kong property: CK Asset prices first Blue Coast flats well below cost and cheaper than other Southside projects","date":"March 28, 2024","format":false,"excerpt":"\r The developer has priced its closely-watched new project in Wong Chuk Hang well below cost and cheaper than neighbouring developments in a sign it may be trying to ensure the first batch of flats sells out in the hopes of drumming up interest in the remaining units.\r \r Source\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-wants-to-help-ease-hong-kongs-housing-crisis-by-squeezing-more-flats-into-its-projects\/","url_meta":{"origin":102050,"position":5},"title":"Victor Li\u2019s CK Asset wants to help ease Hong Kong\u2019s housing crisis by squeezing more flats into its projects","date":"October 26, 2018","format":false,"excerpt":"\r CK Asset Holdings, the flagship developer of tycoon Li Ka-shing, believes it can help solve the housing crisis which has pushed Hong Kong\u2019s property prices into the record books. The city\u2019s second largest developer by market capitalisation says allowing it to build more apartments at its residential projects in\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\/102050"}],"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=102050"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102050\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}