{"id":102484,"date":"2018-12-22T07:03:23","date_gmt":"2018-12-22T00:03:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-infatuation-with-multimillion-dollar-shoebox-homes-is-over-as-quickly-as-it-began\/"},"modified":"2018-12-22T07:12:18","modified_gmt":"2018-12-22T00:12:18","slug":"hong-kongs-infatuation-with-multimillion-dollar-shoebox-homes-is-over-as-quickly-as-it-began","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-infatuation-with-multimillion-dollar-shoebox-homes-is-over-as-quickly-as-it-began\/","title":{"rendered":"Hong Kong\u2019s infatuation with multimillion-dollar shoebox homes is over as quickly as it began"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s infatuation with micro-apartments, some of which hold the world record as the smallest living space constructed for humans, has ended almost as quickly as it began.<br \/>\nKnown variously as nano flats, micro-apartments and shoebox homes, these abodes are specifically designed to be small, typically less than 200 square feet (18.6 square metres) in size.<br \/>\nTwo of every three of these homes built in Hong Kong since 2016 were constructed this year. Of these 976 units that were added, 461&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2179067\/hong-kongs-infatuation-multimillion-dollar-shoebox-homes-over-quickly-it\" target=\"_blank\">Hong Kong\u2019s infatuation with multimillion-dollar shoebox homes is over as quickly as it began<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s infatuation with micro-apartments, some of which hold the world record as the smallest&#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-102484","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-qEY","jetpack-related-posts":[{"id":102514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shoebox-homes-kicked-for-touch\/","url_meta":{"origin":102484,"position":0},"title":"Hong Kong shoebox homes kicked for touch","date":"December 26, 2018","format":false,"excerpt":"\r Hong Kong's infatuation with micro-apartments, some of which hold the world record as the smallest living space constructed for humans, has ended almost as quickly as it began.Known variously as nano flats, micro-apartments and...\r \r Source : nzherald.co.nz\/Property\r Read more...Hong Kong shoebox homes kicked for touch","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112488,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-higher-mortgage-cap-deters-at-least-one-developer-from-building-micro-flats-as-buyers-can-now-afford-larger-homes\/","url_meta":{"origin":102484,"position":1},"title":"Hong Kong\u2019s higher mortgage cap deters at least one developer from building micro-flats as buyers can now afford larger homes","date":"November 20, 2019","format":false,"excerpt":"\r The boom in Hong Kong\u2019s micro-apartments appears to be over, as the first easing in mortgage entitlements in a decade has helped buyers to afford larger homes, causing at least one developer of shoebox-sized property to quit the market.Micro-apartments, defined as those smaller than 200 square feet (18.6 square\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102114,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-building-boom-in-tiny-flats-fizzles-out-as-t-plus-in-tuen-mun-gets-the-cold-shoulder\/","url_meta":{"origin":102484,"position":2},"title":"Hong Kong\u2019s building boom in tiny flats fizzles out as T-Plus in Tuen Mun gets the cold shoulder","date":"December 8, 2018","format":false,"excerpt":"\r Speculative demand over Hong Kong\u2019s shoebox flats \u2013 each smaller than the size of a standard car parking space \u2013 appears to be over as quickly as it sprouted, following the decline in the city\u2019s median home price. Two potential buyers showed up as at 11am at the sales\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109288,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/micro-apartments-are-still-popular-because-their-rental-yields-top-the-average-in-hong-kongs-notoriously-costly-housing-market\/","url_meta":{"origin":102484,"position":3},"title":"Micro apartments are still popular because their rental yields top the average in Hong Kong\u2019s notoriously costly housing market","date":"July 24, 2019","format":false,"excerpt":"\r A flat at The Garrison in Hong Kong\u2019s Tai Wai that sold in July 2018 for HK$4.4 million (US$563,000) has been put on the market for rent at HK$13,500 per month, even before its owner took possession of the 201 square-foot (18.7 square metres) micro apartment.The yield, at 3.7\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123957,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/2022-property-outlook-super-size-mansions-nano-flats-and-home-offices-round-out-the-most-important-trends-in-hong-kongs-housing-market\/","url_meta":{"origin":102484,"position":4},"title":"2022 property outlook: Super-size mansions, nano flats, and home offices round out the most important trends in Hong Kong\u2019s housing market","date":"December 24, 2021","format":false,"excerpt":"\r Hong Kong\u2019s transactions of new residential property may rise 15 per cent next year as buyers continue their demand in every segment of the market from 138-square foot micro-apartments to 4,500-sq ft mansions on The Peak, according to one of the city\u2019s largest real estate agencies.Up to HK$280 billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-mania-inflates-prices-of-even-the-tiniest-flats-putting-affordability-beyond-reach-for-most-first-time-buyers\/","url_meta":{"origin":102484,"position":5},"title":"Hong Kong\u2019s property mania inflates prices of even the tiniest flats, putting affordability beyond reach for most first-time buyers","date":"October 19, 2021","format":false,"excerpt":"\r A real estate bull market in Hong Kong, the world\u2019s most expensive major city for 10 consecutive years until 2019, has trickled over to inflate the prices of even the smallest habitable homes.The average cost of new micro-apartments, or flats smaller than 200 square feet (18.6 square metres), rose\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\/102484"}],"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=102484"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102484\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}