{"id":103927,"date":"2019-02-13T06:34:04","date_gmt":"2019-02-12T23:34:04","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/brace-for-a-20-per-cent-decline-in-hong-kong-home-prices-says-senior-director-of-ck-asset\/"},"modified":"2019-02-13T07:03:12","modified_gmt":"2019-02-13T00:03:12","slug":"brace-for-a-20-per-cent-decline-in-hong-kong-home-prices-says-senior-director-of-ck-asset","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brace-for-a-20-per-cent-decline-in-hong-kong-home-prices-says-senior-director-of-ck-asset\/","title":{"rendered":"Brace for a 20 per cent decline in Hong Kong home prices, says senior director of CK Asset"},"content":{"rendered":"


\nHong Kong home prices could be headed for a multi-year downtrend that knock valuations by up to 20 per cent, prompting major developers to slash prices for new homes along with the sliding market, according to a senior executive at CK Asset Holdings, the second largest developer in Hong Kong by capitalisation.
\nCK Asset executive director Justin Chiu Kwok-hung said on Tuesday that home prices could drop 10 per cent this year and by up to 8 to 10 per cent next year, amid simmering trade tensions…
\n
\nSource : South China Morning Post
\nRead more…Brace for a 20 per cent decline in Hong Kong home prices, says senior director of CK Asset<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong home prices could be headed for a multi-year downtrend that knock valuations by...<\/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-103927","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-r2f","jetpack-related-posts":[{"id":102050,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-micro-flats-will-bear-the-brunt-of-price-slump-says-ck-asset-executive\/","url_meta":{"origin":103927,"position":0},"title":"Hong Kong micro flats will bear the brunt of price slump, says CK Asset executive","date":"December 6, 2018","format":false,"excerpt":"\r Micro-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. Executive director Justin Chiu Kwok-hung forecast that prices for tiny flats could tumble as\u2026","rel":"","context":"In "Property News"","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":103927,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":153002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-ck-asset-henderson-to-dominate-hong-kong-housing-amid-demand-for-small-units\/","url_meta":{"origin":103927,"position":2},"title":"SHKP, CK Asset, Henderson to dominate Hong Kong housing amid demand for small units","date":"May 9, 2025","format":false,"excerpt":"\r The three developers will deliver 60 per cent of new homes in 2025 and 2026, up from 40 per cent in 2023 and 2024, JLL says.\r \r Source : South China Morning Post\r Read more...SHKP, CK Asset, Henderson to dominate Hong Kong housing amid demand for small units","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109563,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-sees-core-profit-rise-16-per-cent-thanks-to-strong-property-sales-before-market-soured\/","url_meta":{"origin":103927,"position":3},"title":"Victor Li\u2019s CK Asset sees core profit rise 16 per cent thanks to strong property sales before market soured","date":"August 1, 2019","format":false,"excerpt":"\r Victor Li Tzar-kuoi\u2019s CK Asset Holdings announced a 16.4 per cent increase in core profit for the six months to June, driven by strong property sales in Hong Kong that it locked in before the housing market turned sour.Underlying interim profit, excluding investment property revaluation and property disposal, came\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80931,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-expected-to-report-upbeat-half-year-results-lifted-by-project-releases-soaring-home-prices\/","url_meta":{"origin":103927,"position":4},"title":"Hong Kong developers expected to report upbeat half-year results, lifted by project releases, soaring home prices","date":"February 25, 2018","format":false,"excerpt":"\r Hong Kong homebuilders are expected to report strong half-year and full-year earnings during the coming weeks as home prices continued to soar and sales of new flats climbed to a decade high. Sun Hung Kai Properties (SHKP), Sino Land, CK Asset Holdings, Kerry Properties and Henderson Land Development are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-ck-asset-rise-amid-rumours-of-hk40-2bn-sale-of-the-center-building-in-hong-hong\/","url_meta":{"origin":103927,"position":5},"title":"Shares in CK Asset rise amid rumours of HK$40.2bn sale of The Center building in Hong Hong","date":"October 16, 2017","format":false,"excerpt":"\r Shares in Li Ka-shing\u2019s flagship property company CK Asset rose by the most in a month on Monday, after the Hong Kong Economic Journal reported it had sold the city\u2019s fifth-tallest building, \u201cThe Center\u201d, for a record HK$40.2 billion (US$5.15 billion). If the deal does materialise, it will be\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\/103927"}],"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=103927"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103927\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}