{"id":109482,"date":"2019-07-30T13:29:55","date_gmt":"2019-07-30T06:29:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-transactions-drop-by-48-per-cent-to-yearly-low-deposits-worth-hk3-5-million-forfeited-as-protests-weigh-on-sentiment\/"},"modified":"2019-07-30T14:03:16","modified_gmt":"2019-07-30T07:03:16","slug":"hong-kong-property-transactions-drop-by-48-per-cent-to-yearly-low-deposits-worth-hk3-5-million-forfeited-as-protests-weigh-on-sentiment","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-transactions-drop-by-48-per-cent-to-yearly-low-deposits-worth-hk3-5-million-forfeited-as-protests-weigh-on-sentiment\/","title":{"rendered":"Hong Kong property transactions drop by 48 per cent to yearly low, deposits worth HK$3.5 million forfeited as protests weigh on sentiment"},"content":{"rendered":"


\nHong Kong homebuyers are having second thoughts about the biggest purchase of their lives, as nearly two months of unprecedented public unrest cast a pall over the city\u2019s real-estate market.Weekly transactions involving used homes fell to their lowest level this year on Sunday, according to one of the city\u2019s largest real-estate agencies, while a dozen buyers last week decided against completing contracts for new homes worth more than HK$70 million (US$8.9 million), forfeiting more than HK$3.5\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong property transactions drop by 48 per cent to yearly low, deposits worth HK.5 million forfeited as protests weigh on sentiment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong homebuyers are having second thoughts about the biggest purchase of their lives, as...<\/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-109482","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-stQ","jetpack-related-posts":[{"id":113771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-weigh-heavily-on-retail-property-transactions-as-volumes-sink-to-an-all-time-low-last-year\/","url_meta":{"origin":109482,"position":0},"title":"Hong Kong protests weigh heavily on retail property transactions as volumes sink to an all-time low last year","date":"January 21, 2020","format":false,"excerpt":"\r Hong Kong\u2019s commercial and industrial property transaction volumes fell to the lowest level last year since record-keeping started in 1996, sinking nearly 50 per cent year on year, as investor sentiment took a beating since the anti-government protests started last June.Transaction volumes of industrial units, offices and shops plummeted\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118453,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-transactions-sink-to-lowest-level-since-april-as-third-wave-of-coronavirus-weighs-on-sentiment\/","url_meta":{"origin":109482,"position":1},"title":"Hong Kong property transactions sink to lowest level since April as third wave of coronavirus weighs on sentiment","date":"September 3, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property market took a hit from the third wave of coronavirus outbreak, with transactions falling to a four-month low in August.It was a particularly disastrous month for sellers, with one individual incurring a massive loss of HK$38 million (US$4.9 million) on the sale of a house in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104605,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-transactions-slump-33pc-in-february-as-investors-wait-for-market-to-stabilise\/","url_meta":{"origin":109482,"position":2},"title":"Hong Kong property transactions slump 33pc in February as investors wait for market to stabilise","date":"March 2, 2019","format":false,"excerpt":"\r Property sales in Hong Kong plunged more than 30 per cent year on year in February as investors and homebuyers stayed on the sidelines, unsure whether prices were likely to fall further.A total of 5,002 property transactions for flats, offices and car parks worth HK$41.9 billion (US$5.3 billion) was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34288,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-are-walking-away-from-hong-kong-property-contracts-as-stamp-duty-bites\/","url_meta":{"origin":109482,"position":3},"title":"Buyers are walking away from Hong Kong property contracts as stamp duty bites","date":"November 14, 2016","format":false,"excerpt":"\r A growing number of Hong Kong\u2019s property buyers have defaulted on their agreements and forfeited their deposits, as a November 5 increase in stamp duty shows effects. Four transactions involving seven apartments valued at a combined HK$55.4 million had been cancelled, according to the government\u2019s website. \u201cMore contracts will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157297,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-change-sparks-sales-surge-in-lower-priced-hong-kong-homes\/","url_meta":{"origin":109482,"position":4},"title":"Stamp-duty change sparks sales surge in lower-priced Hong Kong homes","date":"July 9, 2025","format":false,"excerpt":"\r Hong Kong\u2019s residential property market recovery is gaining traction, with transactions of lower-priced homes rising sharply on the back of improved sentiment and recent government tax relief measures. From March to May, 3,780 residential properties priced between HK$3 million (US$382,000) and HK$4 million were sold, a 73 per cent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93143,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eager-buyers-lift-hong-kong-property-transactions-to-us51-4b-in-the-first-half-but-falls-short-of-record\/","url_meta":{"origin":109482,"position":5},"title":"Eager buyers lift Hong Kong property transactions to US$51.4b in the first half, but falls short of record","date":"July 4, 2018","format":false,"excerpt":"\r Property sales in Hong Kong touched HK$403.7 billion (US$51.4 billion) in the first half of 2018 \u2013 falling short of the record HK$483.58 billion clocked in the same period in 1997 \u2013 as rising prices forced buyers waiting on the sidelines to jump in, according to Midland Realty. The\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\/109482"}],"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=109482"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109482\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}