{"id":112298,"date":"2019-11-12T11:00:07","date_gmt":"2019-11-12T04:00:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-hong-kongs-property-market-on-verge-of-huge-correction-government-must-take-steps-to-cushion-downside-risks\/"},"modified":"2019-11-12T11:04:14","modified_gmt":"2019-11-12T04:04:14","slug":"with-hong-kongs-property-market-on-verge-of-huge-correction-government-must-take-steps-to-cushion-downside-risks","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-hong-kongs-property-market-on-verge-of-huge-correction-government-must-take-steps-to-cushion-downside-risks\/","title":{"rendered":"With Hong Kong\u2019s property market on verge of huge correction, government must take steps to cushion downside risks"},"content":{"rendered":"


\nAs a demand driven market, Hong Kong\u2019s property market is highly influenced by the city\u2019s economic performance. And as a small and open economy, its performance in turn is closely tied to the ebb and flow of external environment.This is evident when looking at the historic performance of the property market, where all broad-based market corrections over the past 30 years have followed significant external economic events.After almost 10 years of uninterrupted growth, Hong Kong\u2019s economy is now\u2026
\n
\nSource : South China Morning Post
\nRead more…With Hong Kong\u2019s property market on verge of huge correction, government must take steps to cushion downside risks<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As a demand driven market, Hong Kong\u2019s property market is highly influenced by the city\u2019s...<\/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-112298","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-tdg","jetpack-related-posts":[{"id":105455,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-the-correction-in-hong-kongs-home-prices-over-more-than-half-of-market-observers-think-so\/","url_meta":{"origin":112298,"position":0},"title":"Is the correction in Hong Kong\u2019s home prices over? More than half of market observers think so","date":"March 27, 2019","format":false,"excerpt":"\r More than half of market observers believe that the correction in Hong Kong\u2019s home prices is over, according to a straw poll conducted by the Post.Thirteen out of the 23 respondents including developers, lawyers, economists and veteran investors interviewed between March 22 and 25, said they expect prices of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50235,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rates-will-do-nothing-to-burst-hong-kongs-property-bubble\/","url_meta":{"origin":112298,"position":1},"title":"Rates will do nothing to burst Hong Kong\u2019s property bubble","date":"March 30, 2017","format":false,"excerpt":"\r Like a perilous high wire act, the Hong Kong property market defies expectations as prices keep rising. But, instead of a rational or irrational correction, this cycle may be the one where the property market spins out of control like a tumbling top and ruins the entire economy. This\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120794,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-landlords-consider-increasing-rent-for-the-first-time-in-two-years-amid-ongoing-economic-recovery\/","url_meta":{"origin":112298,"position":2},"title":"Hong Kong\u2019s retail landlords consider increasing rent for the first time in two years amid ongoing economic recovery","date":"June 23, 2021","format":false,"excerpt":"\r With Hong Kong\u2019s economic recovery gathering pace and domestic consumption improving, retail landlords have started mulling rent increases for the first time since the correction started two years ago in the wake of the social unrest.While landlords of shopping centres and street shops seem optimistic and expect retailers to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105535,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-february-home-prices-rise-for-a-second-month-showing-end-of-market-correction\/","url_meta":{"origin":112298,"position":3},"title":"Hong Kong\u2019s February home prices rise for a second month, showing end of market correction","date":"March 29, 2019","format":false,"excerpt":"\r Hong Kong home prices rose for a second consecutive month in February, providing further evidence that the property correction is over.The overall price index of pre-owned homes increased at a much faster pace of 1.3 per cent to 365.2 in February, according to data by the city\u2019s Rating and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118611,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-veteran-property-investors-head-for-the-exit-amid-fears-of-a-deep-and-prolonged-correction-in-prices\/","url_meta":{"origin":112298,"position":4},"title":"Hong Kong\u2019s veteran property investors head for the exit amid fears of a deep and prolonged correction in prices","date":"September 15, 2020","format":false,"excerpt":"\r Veteran investors in Hong Kong property, anticipating a deeper correction in prices amid dwindling buying activity, the coronavirus pandemic and worsening US-China relations, are rapidly cashing out of their holdings.Albert Wong Kam-hong, the former deputy chairman of real estate company Midland Holdings, for instance, sold his adjoining flats in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/winter-not-spring-is-coming-for-hong-kongs-housing-market-says-dbs\/","url_meta":{"origin":112298,"position":5},"title":"Winter, not spring, is coming for Hong Kong\u2019s housing market, says DBS","date":"March 13, 2019","format":false,"excerpt":"\r The recent uptick in the city\u2019s housing market should be viewed with caution, as improving sentiment could prove short-lived once the weight of the trade war and other headwinds factor back into view, according to new research from DBS Bank (Hong Kong).Hong Kong\u2019s housing market is set for a\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\/112298"}],"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=112298"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112298\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}