{"id":111885,"date":"2019-10-25T12:02:16","date_gmt":"2019-10-25T05:02:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-third-quarter-housing-supply-shrinks-adding-weight-to-policymakers-task-to-improve-affordability\/"},"modified":"2019-10-25T13:03:55","modified_gmt":"2019-10-25T06:03:55","slug":"hong-kongs-third-quarter-housing-supply-shrinks-adding-weight-to-policymakers-task-to-improve-affordability","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-third-quarter-housing-supply-shrinks-adding-weight-to-policymakers-task-to-improve-affordability\/","title":{"rendered":"Hong Kong\u2019s third-quarter housing supply shrinks, adding weight to policymakers\u2019 task to improve affordability"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s property developers are completing homes at a slower pace, at precisely the time of their greatest need, a problem that underscores the housing shortage that has push affordability beyond the reach of an increasing number of buyers.The number of completed private residential units fell 31.3 per cent from a year ago to 4,400 units in the third quarter, fewer than the 4,800 units built in the preceding three months, according to data by the Transport and Housing Bureau.\u201cThe double\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/3034518\/hong-kongs-private-housing-supply-drops-third-quarter\" target=\"_blank\">Hong Kong\u2019s third-quarter housing supply shrinks, adding weight to policymakers\u2019 task to improve affordability<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s property developers are completing homes at a slower pace, at precisely the time&#46;&#46;&#46;<\/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-111885","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-t6B","jetpack-related-posts":[{"id":120776,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-land-supply-shrinks-to-10-year-low-setting-the-stage-for-home-prices-to-spiral-in-one-of-the-worlds-costliest-cities\/","url_meta":{"origin":111885,"position":0},"title":"Hong Kong\u2019s housing land supply shrinks to 10-year low, setting the stage for home prices to spiral in one of the world\u2019s costliest cities","date":"June 29, 2021","format":false,"excerpt":"\r Hong Kong\u2019s supply of residential land is shrinking to a 10-year low, as the local government runs out of usable plots for building homes, in a situation that may set the stage for property prices to rise further and fuel public grief in one of the world\u2019s least affordable\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-top-fiscal-2016-housing-supply-by-8-per-cent\/","url_meta":{"origin":111885,"position":1},"title":"Hong Kong to top fiscal 2016 housing supply by 8 per cent","date":"December 29, 2016","format":false,"excerpt":"\r Hong Kong\u2019s government is expected to add 19,460 apartment units to the city\u2019s housing supply for the 2016 fiscal year ending March 31, surpassing its target by 8 per cent, according to a city official. The government will sell two residential sites by tender in the fourth fiscal quarter,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105233,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-chief-executive-chimes-in-with-concerns-over-housing-affordability-as-dovish-interest-rates-rekindle-prices\/","url_meta":{"origin":111885,"position":2},"title":"Hong Kong\u2019s chief executive chimes in with concerns over housing affordability as dovish interest rates rekindle prices","date":"March 21, 2019","format":false,"excerpt":"\r Hong Kong\u2019s head of government has chimed in with a growing chorus of concerns about the city\u2019s housing affordability, as dovish monetary policy has rekindled a cooling property market.\u201cIt does worry [me] because housing prices have already become very unaffordable, and they will become even more unaffordable if the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66152,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-conundrum-affordable-to-whom\/","url_meta":{"origin":111885,"position":3},"title":"Hong Kong\u2019s housing conundrum \u2013 affordable to whom?","date":"September 12, 2017","format":false,"excerpt":"\r We know that Hong Kong Chief Executive Carrie Lam Yuet-ngor has housing as one of her key priorities and we have been told she is embarking on major dialogue with the community on different ways that could be considered to break the housing supply log jam. We also assume\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28691,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-real-problem-is-not-shortage-of-homes-but-affordability-of-homes\/","url_meta":{"origin":111885,"position":4},"title":"Hong Kong\u2019s real problem is not shortage of homes, but affordability of homes","date":"October 5, 2016","format":false,"excerpt":"\r One way the shortage of housing could have been avoided is through the plot ratio, which is used to control development Richard Wong, Back to Business, October 5 I greatly respect Richard Wong\u2019s scholarship in housing matters but sometimes I think he should take a year away from that\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41873,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-has-been-the-worlds-least-affordable-city-for-seven-years-in-a-row\/","url_meta":{"origin":111885,"position":5},"title":"This has been the world\u2019s least affordable city for seven years in a row","date":"January 25, 2017","format":false,"excerpt":"\r A slightly less expensive encore after a record 2015 Hong Kong SAR at night. cozyta\/Shutterstock Hong Kong has topped the 13th edition of Demographia\u2019s annual housing affordability survey, marking seven consecutive years of unbeatable home price to income ratios. It received a \u201cseverely unaffordable\u201d mark from the research house\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111885"}],"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=111885"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111885\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}