{"id":111287,"date":"2019-10-03T07:00:12","date_gmt":"2019-10-03T00:00:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-desperate-homeowners-slash-prices-by-20-per-cent-after-unprecedented-violence-on-national-day\/"},"modified":"2019-10-03T08:06:35","modified_gmt":"2019-10-03T01:06:35","slug":"hong-kongs-desperate-homeowners-slash-prices-by-20-per-cent-after-unprecedented-violence-on-national-day","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-desperate-homeowners-slash-prices-by-20-per-cent-after-unprecedented-violence-on-national-day\/","title":{"rendered":"Hong Kong\u2019s desperate homeowners slash prices by 20 per cent after unprecedented violence on National Day"},"content":{"rendered":"


\nThere are signs of further softening in Hong Kong\u2019s property market. Homeowners are slashing prices by more than 20 per cent as buyers are reluctant to commit to big purchases and banks reduce the valuation of properties amid increasingly violent protests.On Tuesday, an 18-year-old student was shot by police in Tsuen Wan. Tsang Chi-kin was one of many injured in the violence that spread across the city, as thousands took to the streets as part of demonstrations on National Day.\u201c[Homeowners]\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s desperate homeowners slash prices by 20 per cent after unprecedented violence on National Day<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There are signs of further softening in Hong Kong\u2019s property market. Homeowners are slashing prices...<\/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-111287","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-sWX","jetpack-related-posts":[{"id":110307,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/some-8000-agents-face-elimination-as-transactions-shrink-in-hong-kongs-rapidly-deteriorating-property-market\/","url_meta":{"origin":111287,"position":0},"title":"Some 8,000 agents face \u2018elimination\u2019 as transactions shrink in Hong Kong\u2019s rapidly deteriorating property market","date":"August 29, 2019","format":false,"excerpt":"\r Some 8,000 agents face \u201celimination\u201d as the prolonged protests and US-China trade war hasten the decline in Hong Kong\u2019s property prices and shrink transactions amid a lack of buying interest.\u201cIn the last two weeks, the extent of decline has sped up,\u201d said Sammy Po, chief executive of the residential\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-market-sentiment-cools-as-us-china-trade-war-escalates\/","url_meta":{"origin":111287,"position":1},"title":"Hong Kong\u2019s housing market sentiment cools as US-China trade war escalates","date":"May 28, 2019","format":false,"excerpt":"\r Hong Kong\u2019s property market sentiment is souring. Homeowners are slashing asking prices while buyers are forfeiting deposits on new flats amid the escalating US-China trade war.In New Territories, which has an ample supply of new flats, about 10 per cent of the homeowners have started lowering prices by an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-slash-prices-by-up-to-16-per-cent-as-fear-grips-hong-kong-in-wake-of-prime-rate-hike\/","url_meta":{"origin":111287,"position":2},"title":"Homeowners slash prices by up to 16 per cent as \u2018fear\u2019 grips Hong Kong in wake of prime rate hike","date":"September 27, 2018","format":false,"excerpt":"\r Fears of a drop in home prices are growing in the world\u2019s least affordable housing market as at least five homes were unloaded at discounts of up to 16 per cent on Thursday, following higher mortgage lending rates unveiled by 11 local banks. In anticipation of higher prime lending\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118403,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-lived-in-home-prices-decline-as-third-wave-of-virus-outbreak-halts-recovery\/","url_meta":{"origin":111287,"position":3},"title":"Hong Kong\u2019s lived-in home prices decline as third wave of virus outbreak halts recovery","date":"August 31, 2020","format":false,"excerpt":"\r Hong Kong\u2019s home prices declined in July by the fastest pace in five months as a third wave of the coronavirus pandemic in the city curbed buying interest and prompted homeowners to offer deeper discounts. Data for August may disappoint further, analysts said.Prices for lived-in homes weakened 0.5 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-co-living-operators-slash-prices-by-up-to-half-as-people-observe-covid-19-social-distancing-guidelines\/","url_meta":{"origin":111287,"position":4},"title":"Hong Kong\u2019s co-living operators slash prices by up to half as people observe Covid-19 social-distancing guidelines","date":"March 31, 2020","format":false,"excerpt":"\r Operators of shared living spaces in Hong Kong have slashed their monthly rates by as much as 50 per cent as they navigate a new normal of social distancing and people avoiding large crowds amid the Covid-19 pandemic.\u201cWe offer 30 to 50 per cent discounts for our units in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100983,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-territories-home-prices-that-surged-most-in-hong-kongs-property-boom-are-falling-faster-in-the-downturn\/","url_meta":{"origin":111287,"position":5},"title":"New Territories home prices that surged most in Hong Kong\u2019s property boom are falling faster in the downturn","date":"November 7, 2018","format":false,"excerpt":"\r As Hong Kong\u2019s property market turns south, homeowners of New Territories properties are feeling the pinch more than others, as flat prices in the area have fallen faster and as much as 16 per cent since August. Among the area\u2019s top five residential estates by price decline based on\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\/111287"}],"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=111287"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111287\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}