{"id":108642,"date":"2019-07-02T19:43:46","date_gmt":"2019-07-02T12:43:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-public-housing-flat-sells-for-record-hk5-26-million\/"},"modified":"2019-07-02T22:05:49","modified_gmt":"2019-07-02T15:05:49","slug":"hong-kong-public-housing-flat-sells-for-record-hk5-26-million","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-public-housing-flat-sells-for-record-hk5-26-million\/","title":{"rendered":"Hong Kong public housing flat sells for record HK$5.26 million"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s property market continues to make waves in these turbulent times.A 598 square feet flat at Fung Tak Estate in Wong Tai Sin, Kowloon, has been sold for HK$5.26 million (US$674,000), making it the most expensive public rental housing unit in Hong Kong, according to data from the Housing Authority.The new buyer has shelled out more than 14 times the HK$370,000 the original owner \u00adpaid for the flat in 1998. In the process, it broke the record set by a 544 sq ft public housing flat in\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/3016990\/hong-kong-public-housing-flat-sells-record-hk526-million\" target=\"_blank\">Hong Kong public housing flat sells for record HK.26 million<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s property market continues to make waves in these turbulent times.A 598 square feet&#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-108642","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-sgi","jetpack-related-posts":[{"id":106889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sandwich-class-flat-in-tsing-yi-sells-for-record-us1-2-million-as-hong-kong-homebuyers-get-desperate\/","url_meta":{"origin":108642,"position":0},"title":"\u2018Sandwich class\u2019 flat in Tsing Yi sells for record US$1.2 million as Hong Kong homebuyers get desperate","date":"May 7, 2019","format":false,"excerpt":"\r Hong Kong homebuyers, desperate to get their hands on property after a short-lived price correction, are chasing real estate in an obscure segment of the market as a bull market takes hold.On Monday, a 706 square feet flat at the 24-year-old Tivoli Garden in Tsing Yi, New Territories, was\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":396,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-flat-sells-for-record-hk594-7-million\/","url_meta":{"origin":108642,"position":1},"title":"Hong Kong luxury flat sells for record HK$594.7 million","date":"December 31, 2015","format":false,"excerpt":"\r \r A luxury apartment in Hong Kong that sold for a record HK$594.7 million (Dh281.8m) days before Christmas, has become the most expensive flat in the city and possibly in Asia.An unidentified buyer paid more than HK$103,700 per-square foot for the 5,732 square-foot unit at the luxury 39 Conduit\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94679,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-breaking-sale-of-hk10-million-subsidised-flat-prompts-calls-for-further-public-housing-restrictions-in-hong-kong\/","url_meta":{"origin":108642,"position":2},"title":"Record-breaking sale of HK$10 million subsidised flat prompts calls for further public housing restrictions in Hong Kong","date":"July 25, 2018","format":false,"excerpt":"\r Hong Kong\u2019s subsidised housing market is setting fresh records, with a government-built flat being sold for more than HK$10 million (US$1.27 million), despite new measures aimed at taming runaway property prices. At the same time, market watchers are looking for signs of a tipping point after major developer Sun\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/looking-for-a-flat-for-under-hk10000m-on-hong-kong-island-or-kowloon-no-chance-says-leading-agency\/","url_meta":{"origin":108642,"position":3},"title":"Looking for a flat for under HK$10,000\/m on Hong Kong Island or Kowloon? \u2018No chance,\u2019 says leading agency","date":"October 10, 2017","format":false,"excerpt":"\r Flats to rent under HK$10,000 (US$1,281) per month have almost vanished from the urban area of Hong Kong \u2013 the most expensive housing market in the world, according to latest research by Centaline Property Agency. Urban areas refer to Hong Kong Island and Kowloon, however subdivided flats are not\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171388,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chow-yun-fat-nets-91-gain-on-hong-kong-flat-after-31-years-as-prices-rebound\/","url_meta":{"origin":108642,"position":4},"title":"Chow Yun-fat nets 91% gain on Hong Kong flat after 31 years as prices rebound","date":"April 20, 2026","format":false,"excerpt":"\r Chow Yun-fat, the legendary Hong Kong actor, has sold a Mid-Levels flat after more than three decades, securing a roughly 91 per cent gain, as the city\u2019s secondary housing market continues to strengthen. The 541 sq ft, three-bedroom flat in Corona Tower fetched HK$7.5 million (US$960,000), or HK$13,863 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124665,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/omicron-cantopop-star-joey-yung-sells-hong-kong-flat-at-a-loss-leading-an-exodus-from-property-market-amid-citys-covid-19-surge\/","url_meta":{"origin":108642,"position":5},"title":"Omicron: Cantopop star Joey Yung sells Hong Kong flat at a loss, leading an exodus from property market amid city\u2019s Covid-19 surge","date":"February 22, 2022","format":false,"excerpt":"\r Canto pop star Joey Yung has sold her flat in Causeway Bay at a loss of about HK$1.1 million (US$140,966), according to sources familiar with the deal, joining a wave of Hongkongers selling their homes for a loss as they flee the city\u2019s worsening Covid-19 situation.The one-bedroom 465 sq\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\/108642"}],"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=108642"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108642\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}