{"id":106803,"date":"2019-05-03T08:00:20","date_gmt":"2019-05-03T01:00:20","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-pre-owned-homes-in-hong-kong-surge-to-eight-year-high-as-panicked-buyers-rush-to-beat-rising-prices\/"},"modified":"2019-05-03T09:21:33","modified_gmt":"2019-05-03T02:21:33","slug":"sales-of-pre-owned-homes-in-hong-kong-surge-to-eight-year-high-as-panicked-buyers-rush-to-beat-rising-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-pre-owned-homes-in-hong-kong-surge-to-eight-year-high-as-panicked-buyers-rush-to-beat-rising-prices\/","title":{"rendered":"Sales of pre-owned homes in Hong Kong surge to eight-year high as panicked buyers rush to beat rising prices"},"content":{"rendered":"<p>&#013;<br \/>\nPanic buying of Hong Kong property has extended to the secondary market, with sales of pre-owned apartments surging to an eight-year high of HK$40.3 billion in April.The rise was fuelled by a flurry of activity in established housing estates where flats sold for record prices as buyers scrambled to strike before prices go up any further, according to property analysts.\u201cThe strong buying sentiment in the primary market has spilled over to the secondary market. We have seen many transactions in\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/article\/3008622\/sales-pre-owned-homes-hong-kong-surge-eight-year-high-panicked-buyers-rush\" target=\"_blank\">Sales of pre-owned homes in Hong Kong surge to eight-year high as panicked buyers rush to beat rising prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Panic buying of Hong Kong property has extended to the secondary market, with sales of&#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-106803","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-rMD","jetpack-related-posts":[{"id":40344,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-hong-kong-prices-wont-stop-rising-in-2017\/","url_meta":{"origin":106803,"position":0},"title":"Why Hong Kong prices won\u2019t stop rising in 2017","date":"January 11, 2017","format":false,"excerpt":"\r No worries, no (downward) pressure despite stamp duty The Central-Mid-Levels escalator and walkway system in Hong Kong is the longest outdoor covered escalator system in the world. Pelikh Alexey \/ Shutterstock.com Analysts do not expect home values in Hong Kong to stop rising this year, new stamp duties notwithstanding.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1445,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-a-buyers-market-as-hong-kong-flat-owners-slash-prices-to-secure-sales\/","url_meta":{"origin":106803,"position":1},"title":"It\u2019s a buyers\u2019 market as Hong Kong flat owners slash prices to secure sales","date":"January 13, 2016","format":false,"excerpt":"\r Plagued by weakening market sentiment, rising interest rates and a slowing economy, flat owners in Hong Kong are feeling compelled to slash prices to attract buyers, pushing secondary home prices down for four straight months.\r \r Source : South China Morning Post\r Read more...It\u2019s a buyers\u2019 market as Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-secondary-market-home-prices-surge-after-us-rates-stay-unchanged\/","url_meta":{"origin":106803,"position":2},"title":"Hong Kong secondary market home prices surge after US rates stay unchanged","date":"August 2, 2016","format":false,"excerpt":"\r Hong Kong\u2019s secondary residential prices have seen a sharp rebound as buyers have jumped back into the market after the United States decided to keep interest rate unchanged and the overall improvement in the stock market has increased buying power.\r \r Source : South China Morning Post\r Read more...Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118088,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-pre-owned-home-sales-dry-up-forcing-many-owners-to-settle-for-losses-as-capital-shifts-to-new-abodes\/","url_meta":{"origin":106803,"position":3},"title":"Hong Kong\u2019s pre-owned home sales dry up, forcing many owners to settle for losses as capital shifts to new abodes","date":"August 5, 2020","format":false,"excerpt":"\r The prices of pre-owned homes in Hong Kong have came off their 10-month peak in June, as buyers shifted their attention to newly launched projects amid social-distancing measures during the city\u2019s coronavirus relapse, forcing some desperate sellers to unload their lived-in property at losses.Five flats changed hands across 10\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cooling-measures-in-hong-kong-and-singapore-what-works-what-doesnt\/","url_meta":{"origin":106803,"position":4},"title":"Cooling measures in Hong Kong and Singapore: what works, what doesn&#039;t","date":"April 25, 2018","format":false,"excerpt":"\r \u00a0 Governments in the two rival cities have poured icy water on their overheating housing markets, with contrasting results. By Duncan Forgan It would be fair to say that Singapore\u2019s famously stringent cooling measures haven\u2019t always made those inside the country\u2019s real estate sector feel warm and fuzzy.\u00a0 But\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2018\/04\/cool-run-ins-singapore-compressor.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":121132,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-stay-flat-in-june-as-buyers-take-a-breath-after-months-of-price-increases\/","url_meta":{"origin":106803,"position":5},"title":"Hong Kong home prices stay flat in June as buyers take a breath after months of price increases","date":"July 28, 2021","format":false,"excerpt":"\r Hong Kong home prices were flat in June after reaching a two-year high, as buyers stayed on the sidelines, apparently taking a breather after months of rising prices buoyed by low-interest mortgage rates and a rebounding economy.An index measuring the prices of second-hand homes stayed at 394.5, data from\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\/106803"}],"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=106803"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106803\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}