{"id":102650,"date":"2019-01-03T09:12:49","date_gmt":"2019-01-03T02:12:49","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/2018-hong-kongs-second-best-year-for-property-sales-at-us93-billion-ended-with-a-whimper-in-december\/"},"modified":"2019-01-03T10:04:50","modified_gmt":"2019-01-03T03:04:50","slug":"2018-hong-kongs-second-best-year-for-property-sales-at-us93-billion-ended-with-a-whimper-in-december","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/2018-hong-kongs-second-best-year-for-property-sales-at-us93-billion-ended-with-a-whimper-in-december\/","title":{"rendered":"2018, Hong Kong\u2019s second-best year for property sales at US$93 billion, ended with a whimper in December"},"content":{"rendered":"


\nHong Kong recorded its second-best year for property sales in 2018 on the back of a red hot first half, in which transactions worth HK$403.7 billion (US$51.5 billion) were reported. However, the market has cooled since August, when a 28-month bull run came to an end, with December recording a 58 per cent year-on-year drop in all property sales.
\nA total of 79,185 deals worth HK$729.56 billion were completed in the city in 2018. The record for the special administrative region\u2019s property…
\n
\nSource : South China Morning Post
\nRead more…2018, Hong Kong\u2019s second-best year for property sales at US billion, ended with a whimper in December<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong recorded its second-best year for property sales in 2018 on the back of...<\/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-102650","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-qHE","jetpack-related-posts":[{"id":104513,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sino-land-reports-half-year-profit-of-hk2-37-billion-expects-improved-sales-in-second-half\/","url_meta":{"origin":102650,"position":0},"title":"Hong Kong\u2019s Sino Land reports half-year profit of HK$2.37 billion, expects improved sales in second half","date":"February 28, 2019","format":false,"excerpt":"\r Hong Kong property developer Sino Land reported a 73 per cent drop in underlying net profit attributable to shareholders for the July to December period, with the decline attributed to distortions created by one-off asset disposals in the year earlier period.Underlying profit, excluding the revaluation gains on investment property,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111792,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-home-sales-sink-to-five-year-low-in-september-as-caution-prevails-amid-protests\/","url_meta":{"origin":102650,"position":1},"title":"Hong Kong\u2019s luxury home sales sink to five-year low in September as caution prevails amid protests","date":"October 22, 2019","format":false,"excerpt":"\r Sales of luxury homes fell to a five-year low last month as Hong Kong\u2019s property market continued to reel from the ongoing civil unrest, extending a decline that started in June.Only 93 new and used homes worth more than HK$20 million (US$2.55 million) each were sold, totalling HK$4.68 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75195,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-politics-deter-options-to-alter-land-sales-policy-cut-property-prices\/","url_meta":{"origin":102650,"position":2},"title":"Hong Kong\u2019s politics deter options to alter land sales policy, cut property prices","date":"December 23, 2017","format":false,"excerpt":"\r Hong Kong\u2019s government is on track to post a record haul from selling land to housing and commercial developers in its fiscal year ending March 2018, bolstered by ever-rising prices in the world\u2019s most expensive urban centre. For the eight months ended November, and with another quarter to go\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53395,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-flat-sales-surge-to-a-22-year-high-to-hk37-5-billion-in-april\/","url_meta":{"origin":102650,"position":3},"title":"Hong Kong\u2019s new flat sales surge to a 22-year high to HK$37.5 billion in April","date":"May 1, 2017","format":false,"excerpt":"\r Sales of new flats in Hong Kong surged to a 22-year high to HK$37.5 billion (US$4.82 billion) in April, driven by a rising number of big-ticket transactions and accelerated market launches by developers, according to property agents. Centaline Property Agency forecast that there would have been 2,700 registered transactions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-worlds-first-half-profit-rises-29-per-cent-propelled-by-surging-home-sales-in-hong-kongs-property-bull-market\/","url_meta":{"origin":102650,"position":4},"title":"New World\u2019s first-half profit rises 29 per cent, propelled by surging home sales in Hong Kong\u2019s property bull market","date":"February 27, 2019","format":false,"excerpt":"\r New World Development, Hong Kong\u2019s fourth-largest developer by value, posted the biggest jump in interim earnings in two years, propelled by rising home sales in the first half of its financial year, as it cleared unsold property off its books before a proposed vacancy tax takes effect.The developer\u2019s core\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81195,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sun-hung-kai-properties-records-36pc-interim-profit-jump\/","url_meta":{"origin":102650,"position":5},"title":"Hong Kong\u2019s Sun Hung Kai Properties records 36pc interim profit jump","date":"February 27, 2018","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s second-largest developer by market capitalisation, reported a 36.7 per cent jump in first-half underlying profits on Tuesday, driven by upward spiral in home prices and strong sales. Underlying profit, excluding revaluation gains on investment properties, climbed to HK$19.97 billion for the July to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102650"}],"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=102650"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102650\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}