{"id":107493,"date":"2019-05-25T21:06:01","date_gmt":"2019-05-25T14:06:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-shortfall-why-the-worst-is-yet-to-come\/"},"modified":"2019-05-25T22:03:05","modified_gmt":"2019-05-25T15:03:05","slug":"hong-kongs-housing-shortfall-why-the-worst-is-yet-to-come","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-shortfall-why-the-worst-is-yet-to-come\/","title":{"rendered":"Hong Kong\u2019s housing shortfall: why the worst is yet to come"},"content":{"rendered":"


\nHong Kong maintains its position as the world\u2019s most expensive housing market, according to property giant CBRE\u2019s latest global life report. However, this is not the worst yet, as there is a continual depletion of the city\u2019s land bank, meaning both private and public housing supply will plummet in the near future. What Hong Kong needs in order to overcome this challenge is not just large-scale solutions such as the Lantau Tomorrow Vision, but expedient ones that can bring immediate and\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s housing shortfall: why the worst is yet to come<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong maintains its position as the world\u2019s most expensive housing market, according to property...<\/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-107493","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-rXL","jetpack-related-posts":[{"id":99998,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-widespread-industrial-building-conversions-fill-hong-kongs-housing-shortfall\/","url_meta":{"origin":107493,"position":0},"title":"Can widespread industrial building conversions fill Hong Kong\u2019s housing shortfall?","date":"October 17, 2018","format":false,"excerpt":"\r Industrial property owners in Hong Kong are rushing to subdivide their buildings into smaller, liveable units in the hope of benefiting from Chief Executive Carrie Lam Cheng Yuet-ngor\u2019s recently announced proposal to allow such properties to be used for transitional housing. The Post visited two such buildings in Kwun\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101406,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-reports-the-worst-sales-weekend-in-years-as-private-launches-fail-to-keep-up-with-governments-discounted-housing\/","url_meta":{"origin":107493,"position":1},"title":"Hong Kong reports the worst sales weekend in years as private launches fail to keep up with government\u2019s discounted housing","date":"November 17, 2018","format":false,"excerpt":"\r Hong Kong\u2019s residential property market reported its worst sales weekend in years, as the wind was taken out of the sails of two private project launches by a government offer of discounted housing for first-home buyers. The Reach Summit project in Yuen Long, jointly built by Henderson Land Development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41873,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-has-been-the-worlds-least-affordable-city-for-seven-years-in-a-row\/","url_meta":{"origin":107493,"position":2},"title":"This has been the world\u2019s least affordable city for seven years in a row","date":"January 25, 2017","format":false,"excerpt":"\r A slightly less expensive encore after a record 2015 Hong Kong SAR at night. cozyta\/Shutterstock Hong Kong has topped the 13th edition of Demographia\u2019s annual housing affordability survey, marking seven consecutive years of unbeatable home price to income ratios. It received a \u201cseverely unaffordable\u201d mark from the research house\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-reclamation-resolve-hong-kongs-housing-problem\/","url_meta":{"origin":107493,"position":3},"title":"Can reclamation resolve Hong Kong\u2019s housing problem?","date":"July 13, 2017","format":false,"excerpt":"\r The new leadership of the Hong Kong government should consider restarting land reclamation to increase land supply to build new homes as a means to resolve the city\u2019s housing problem in the long run, according to a government think tank and a property agent. Stephen Wong, deputy executive director\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124765,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/breaking-old-land-monopoly-in-hong-kong-to-resolve-the-citys-housing-crisis\/","url_meta":{"origin":107493,"position":4},"title":"Breaking old land monopoly in Hong Kong to resolve the city\u2019s housing crisis","date":"March 1, 2022","format":false,"excerpt":"\r Hong Kong\u2019s housing market has been the least affordable in the world for a decade, easily beating out London, New York, and San Francisco for this dubious distinction.Yet this housing crisis is a paradox of housing scarcity amid plenty of land. Only 3.8 per cent of Hong Kong\u2019s land\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139969,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-policy-address-2023-will-rolling-back-stamp-duties-lift-hong-kongs-housing-market-out-of-the-doldrums\/","url_meta":{"origin":107493,"position":5},"title":"Hong Kong policy address 2023: will rolling back stamp duties lift Hong Kong\u2019s housing market out of the doldrums?","date":"October 21, 2023","format":false,"excerpt":"\r In the third of a three-part series on John Lee\u2019s policy address, Salina Li and Cheryl Arcibal look at the impact of the policy and monetary moves since 2009 to cool home prices. Now, stakeholders want the government to roll these back. But will that have the desired effect?\r\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\/107493"}],"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=107493"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107493\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=107493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=107493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=107493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}