{"id":110238,"date":"2019-08-27T16:05:02","date_gmt":"2019-08-27T09:05:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-watchdog-extends-purview-to-regulate-licensed-property-agents-selling-incomplete-overseas-property\/"},"modified":"2019-08-27T17:06:40","modified_gmt":"2019-08-27T10:06:40","slug":"hong-kong-watchdog-extends-purview-to-regulate-licensed-property-agents-selling-incomplete-overseas-property","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-watchdog-extends-purview-to-regulate-licensed-property-agents-selling-incomplete-overseas-property\/","title":{"rendered":"Hong Kong watchdog extends purview to regulate licensed property agents selling incomplete overseas property"},"content":{"rendered":"


\nThe interest of Hong Kong people in purchasing properties situated outside Hong Kong has been on the rise in recent years. At the same time, there has also been an increase in the number of companies, including licensed property agents, taking part in the sale of such properties. However, most consumers have limited knowledge of foreign regulatory regimes and taxation systems governing the purchase or leasing of these properties by foreign buyers. In particular, purchasing an incomplete\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong watchdog extends purview to regulate licensed property agents selling incomplete overseas property<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The interest of Hong Kong people in purchasing properties situated outside Hong Kong has been...<\/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-110238","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-sG2","jetpack-related-posts":[{"id":119185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-risks-do-hongkongers-face-while-buying-uncompleted-property-abroad\/","url_meta":{"origin":110238,"position":0},"title":"What risks do Hongkongers face while buying uncompleted property abroad?","date":"November 10, 2020","format":false,"excerpt":"\r Over the past few years, it is becoming more popular for Hong Kong people to purchase non-local properties. The risk they face is high, especially when those properties are still under construction, or are yet to be completed.\r\rCurrently, there is no relevant legislation governing the sale of non-local properties\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100950,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-agents-mustnt-mislead-buyers-or-face-disciplinary-action-by-watchdog\/","url_meta":{"origin":110238,"position":1},"title":"Hong Kong property agents mustn\u2019t mislead buyers or face disciplinary action by watchdog","date":"November 6, 2018","format":false,"excerpt":"\r Stepping into autumn, a number of new residential properties in Hong Kong have been launched for sale by different property developers. Participating in the sale of these first-hand properties, property agents must not make any misrepresentation to prospective buyers, or they may be disciplined by the Estate Agents Authority\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-estate-agents-watchdog-working-on-guidelines-to-eliminate-fake-online-listings\/","url_meta":{"origin":110238,"position":2},"title":"Hong Kong estate agents\u2019 watchdog working on guidelines to eliminate fake online listings","date":"August 22, 2018","format":false,"excerpt":"\r The Estate Agents Authority (EAA) plans to crack down on misleading property advertisements as agents continue to market a host of properties at below-market values and even after they have been rented out. Last week, Ricacorp Properties took the initiative to remove 9,000 property listings from more than 15,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75387,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-regulator-sets-rules-for-sale-of-uncompleted-overseas-property-for-the-first-time\/","url_meta":{"origin":110238,"position":3},"title":"Hong Kong regulator sets rules for sale of uncompleted overseas property for the first time","date":"December 28, 2017","format":false,"excerpt":"\r The regulator of property agents in Hong Kong has issued guidelines for the sale of uncompleted overseas properties by local agents following repeated complaints by buyers, a move supported by companies in the sector. The Estate Agents Authority issued a practice circular on the sale of uncompleted properties situated\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-complaints-as-overseas-sales-sting-hong-kong-investors\/","url_meta":{"origin":110238,"position":4},"title":"Record complaints as overseas sales sting Hong Kong investors","date":"January 24, 2017","format":false,"excerpt":"\r A leap in complaints about properties bought overseas resulted in the regulatory body for estate agents dealing with a record number of cases last year. The Estate Agents Authority (EAA) said on Tuesday it received 475 gripes in total, up 51 per cent on 2015. This was largely the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121860,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-beware-investors-of-real-estate-assets-beyond-hong-kong-should-be-aware-of-risks-rules-and-complications\/","url_meta":{"origin":110238,"position":5},"title":"Buyers beware: investors of real estate assets beyond Hong Kong should be aware of risks, rules and complications","date":"September 7, 2021","format":false,"excerpt":"\r Purchasing properties situated outside Hong Kong, particularly uncompleted ones, is complicated and full of risks.Consumers should study all related information before making a purchase decision and be extremely vigilant when investing in these properties so as to protect their own interests.In Hong Kong, there is no legal requirement that\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\/110238"}],"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=110238"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110238\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}