{"id":111792,"date":"2019-10-22T20:32:53","date_gmt":"2019-10-22T13:32:53","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-home-sales-sink-to-five-year-low-in-september-as-caution-prevails-amid-protests\/"},"modified":"2019-10-22T21:05:47","modified_gmt":"2019-10-22T14:05:47","slug":"hong-kongs-luxury-home-sales-sink-to-five-year-low-in-september-as-caution-prevails-amid-protests","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-home-sales-sink-to-five-year-low-in-september-as-caution-prevails-amid-protests\/","title":{"rendered":"Hong Kong\u2019s luxury home sales sink to five-year low in September as caution prevails amid protests"},"content":{"rendered":"


\nSales of luxury homes fell to a five-year low last month as Hong Kong\u2019s property market continued to reel from the ongoing civil unrest, extending a decline that started in June.Only 93 new and used homes worth more than HK$20 million (US$2.55 million) each were sold, totalling HK$4.68 billion in September, according to figures compiled by Centaline Property Agency.Sales dropped to the lowest since June 2014 when they hit HK$3.64 billion. They have plummeted 78.4 per cent from HK$21.62 billion\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s luxury home sales sink to five-year low in September as caution prevails amid protests<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sales of luxury homes fell to a five-year low last month as Hong Kong\u2019s property...<\/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-111792","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-t56","jetpack-related-posts":[{"id":121597,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-supply-of-luxury-homes-to-hit-new-high-after-demand-from-wealthy-buyers-more-than-doubles-amid-covid-19\/","url_meta":{"origin":111792,"position":0},"title":"Hong Kong\u2019s supply of luxury homes to hit new high after demand from wealthy buyers more than doubles amid Covid-19","date":"August 23, 2021","format":false,"excerpt":"\r The supply for luxury homes in Hong Kong\u2019s ultra-exclusive neighbourhood of The Peak is likely to hit 404,000 sq ft in 2024, the highest level since 2016, after demand boosted sales of mansions and high-end flats in the district by more than double to HK$12.8 billion (US$1.6 billion) in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121354,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharfs-first-half-results-improve-helped-by-resurgent-sales-of-luxury-homes-in-hong-kong-and-strong-consumption-in-china\/","url_meta":{"origin":111792,"position":1},"title":"Wharf\u2019s first-half results improve, helped by resurgent sales of luxury homes in Hong Kong and strong consumption in China","date":"August 10, 2021","format":false,"excerpt":"\r Wharf Holdings, one of Hong Kong\u2019s biggest builders of luxury homes and shopping centres, improved its first-half financial results, as strong sales of ultra-expensive residences and investment gains bolstered its bottom line.The company\u2019s underlying interim net loss narrowed by 53.5 per cent to HK$526 million (US$67.58 million) from HK$1.13\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101063,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/transactions-of-government-subsidised-homes-sink-to-record-low-in-october-as-property-market-wobbles\/","url_meta":{"origin":111792,"position":2},"title":"Transactions of government subsidised homes sink to record low in October as property market wobbles","date":"November 9, 2018","format":false,"excerpt":"\r Hong Kong\u2019s falling private housing prices are weighing heavily on the sales of government subsidised homes. The number of transactions of used Home Ownership Scheme (HOS) flats fell to 180 in October from 451 in May \u2013 the lowest since records began in 1996, according to data from Ricacorp\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-logs-us95-million-worth-of-luxury-home-deals-in-a-single-day\/","url_meta":{"origin":111792,"position":3},"title":"Hong Kong logs US$95 million worth of luxury home deals in a single day","date":"January 27, 2026","format":false,"excerpt":"\r Hong Kong\u2019s property market on Monday logged HK$740 million (US$94.9 million) worth of luxury home deals, one of the city\u2019s largest single-day hauls, as the residential segment shakes off a multi-year slump. Records from the Land Registry showed that five upscale homes \u2013 from areas such as Mid-Levels, Wan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113100,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-kwok-family-boosts-city-with-hk9-4-billion-cheque-for-stake-in-sun-hung-kai-towers-atop-west-kowloon-station\/","url_meta":{"origin":111792,"position":4},"title":"Hong Kong\u2019s Kwok family boosts city with HK$9.4 billion cheque for stake in Sun Hung Kai towers atop West Kowloon station","date":"December 16, 2019","format":false,"excerpt":"\r Hong Kong\u2019s Kwok family will invest HK$9.4 billion (US$1.2 billion) for a 25 per cent stake in office towers to come up on a plot of land won by Sun Hung Kai Properties last month. The family is the company\u2019s controlling shareholder and its investment is being viewed as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":111792,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111792"}],"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=111792"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111792\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}