{"id":108842,"date":"2019-07-09T18:06:26","date_gmt":"2019-07-09T11:06:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-hong-kong-banks-cut-valuation-of-used-homes-as-civic-unrest-threatens-to-knock-property-bull-run-off-its-footing\/"},"modified":"2019-07-09T19:05:46","modified_gmt":"2019-07-09T12:05:46","slug":"two-hong-kong-banks-cut-valuation-of-used-homes-as-civic-unrest-threatens-to-knock-property-bull-run-off-its-footing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-hong-kong-banks-cut-valuation-of-used-homes-as-civic-unrest-threatens-to-knock-property-bull-run-off-its-footing\/","title":{"rendered":"Two Hong Kong banks cut valuation of used homes as civic unrest threatens to knock property bull run off its footing"},"content":{"rendered":"


\nTwo of Hong Kong\u2019s biggest commercial banks have cut their valuation of pre-owned homes in several housing estates in anticipation of declining prices, after the city was rocked over the past month by a record number of street protests.HSBC and Bank of China (Hong Kong), two of the city\u2019s three currency printing banks, cut their valuations for used homes in the New Territories and Kowloon by up to 3.6 per cent, according to data on their websites.\u201cValuations have dropped as a result of the\u2026
\n
\nSource : South China Morning Post
\nRead more…Two Hong Kong banks cut valuation of used homes as civic unrest threatens to knock property bull run off its footing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Two of Hong Kong\u2019s biggest commercial banks have cut their valuation of pre-owned homes in...<\/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-108842","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-sjw","jetpack-related-posts":[{"id":114515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-is-poised-for-another-real-estate-crisis-as-falling-home-prices-drive-more-mortgage-borrowers-into-negative-equity\/","url_meta":{"origin":108842,"position":0},"title":"Hong Kong is poised for another real estate crisis as falling home prices drive more mortgage borrowers into negative equity","date":"February 25, 2020","format":false,"excerpt":"\r Hong Kong\u2019s commercial banks are cutting their valuations of mortgaged homes as they bow to the double whammy impact of a viral epidemic with months of anti-government protests, in a move that could drive even more borrowers into negative equity and provoke panic selling.The weekly Centa Valuation Index (CVI)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135629,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-in-one-grand-jete-post-bumper-sales-as-homebuyers-rush-back-after-banks-held-mortgage-rates-unchanged\/","url_meta":{"origin":108842,"position":1},"title":"Hong Kong property: In One, Grand Jete post bumper sales as homebuyers rush back after banks held mortgage rates unchanged","date":"March 25, 2023","format":false,"excerpt":"\r The long queues were a welcomed sight for Hong Kong\u2019s developers and agents, as rising rates combined with the Covid-19 pandemic to knock the city\u2019s property bull market off its footing.\r \r Source : South China Morning Post\r Read more...Hong Kong property: In One, Grand Jete post bumper sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149493,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lower-valuation-is-next-pain-point-for-hong-kong-office-landlords-sp-says\/","url_meta":{"origin":108842,"position":2},"title":"Lower valuation is next \u2018pain point\u2019 for Hong Kong office landlords, S&P says","date":"February 13, 2025","format":false,"excerpt":"\r As office rents approach levels last seen in 2012, Hong Kong landlords will struggle with weaker valuations, more distress sales, S&P says.\r \r Source : South China Morning Post\r Read more...Lower valuation is next \u2018pain point\u2019 for Hong Kong office landlords, S&P says","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-index-of-used-homes-fell-in-june-as-trade-war-public-unrest-combine-to-stop-property-market-bull-run\/","url_meta":{"origin":108842,"position":3},"title":"Hong Kong\u2019s index of used homes fell in June as trade war, public unrest combine to stop property market bull run","date":"July 31, 2019","format":false,"excerpt":"\r The prices of Hong Kong\u2019s lived-in homes dropped by 0.8 per cent in June, as the year-long US-China trade war and unprecedented levels of public unrest combined to send property buyers to the sidelines, ending a five-month bull run in the city\u2019s real estate market.The price index of used\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123438,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-secondary-home-prices-fall-by-the-most-in-14-months-in-october-as-banks-turn-cautious-on-valuations\/","url_meta":{"origin":108842,"position":4},"title":"Hong Kong\u2019s secondary home prices fall by the most in 14 months in October as banks turn cautious on valuations","date":"November 26, 2021","format":false,"excerpt":"\r Hong Kong\u2019s lived-in home prices dropped by the most in 14 months in October after peaking in August, with buying sentiment cooling as banks become more cautious in valuating property.Prices fell 0.85 per cent to 394.8 last month, according to an index published by the Rating and Valuation Department\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124503,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-lived-in-homes-see-valuations-drop-as-fifth-covid-19-wave-takes-hold\/","url_meta":{"origin":108842,"position":5},"title":"Hong Kong lived-in homes see valuations drop as fifth Covid-19 wave takes hold","date":"February 8, 2022","format":false,"excerpt":"\r The valuations of Hong Kong\u2019s lived-in homes are expected to head south as a fifth Covid-19 wave linked to the Omicron variant takes hold and deals plunge because of fewer viewings, brokers said.Banks may reduce valuations by 1 to 2 per cent in February and by another 1 per\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\/108842"}],"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=108842"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108842\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}