{"id":113049,"date":"2019-12-13T07:00:17","date_gmt":"2019-12-13T00:00:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-homes-to-see-price-declines-of-up-to-20-per-cent-next-year-amid-fewer-mainland-buyers-says-jll\/"},"modified":"2019-12-13T08:06:19","modified_gmt":"2019-12-13T01:06:19","slug":"hong-kongs-luxury-homes-to-see-price-declines-of-up-to-20-per-cent-next-year-amid-fewer-mainland-buyers-says-jll","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-homes-to-see-price-declines-of-up-to-20-per-cent-next-year-amid-fewer-mainland-buyers-says-jll\/","title":{"rendered":"Hong Kong\u2019s luxury homes to see price declines of up to 20 per cent next year amid fewer mainland buyers, says JLL"},"content":{"rendered":"<p>&#013;<br \/>\nLuxury property prices in Hong Kong will decline by up to 20 per cent next year after falling 4.7 per cent in this year, as Beijing continues to maintain capital controls and China\u2019s economy feels the impact from the US-China trade war, according to international property consultancy JLL.\u201cThe economic slowdown in mainland China and Hong Kong will dampen housing demand, particularly in the luxury residential market that relies on demand from China,\u201d said Joseph Tsang, chairman of JLL in Hong\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/money\/wealth\/article\/3041888\/hong-kongs-luxury-homes-see-price-declines-20-cent-next-year\" target=\"_blank\">Hong Kong\u2019s luxury homes to see price declines of up to 20 per cent next year amid fewer mainland buyers, says JLL<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Luxury property prices in Hong Kong will decline by up to 20 per cent next&#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-113049","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-tpn","jetpack-related-posts":[{"id":138285,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-prices-to-decline-further-amid-high-mortgage-rates-glut-of-new-units-lack-of-mainland-buyers-jll\/","url_meta":{"origin":113049,"position":0},"title":"Hong Kong\u2019s home prices to decline further amid high mortgage rates, glut of new units, lack of mainland buyers: JLL","date":"July 12, 2023","format":false,"excerpt":"\r Market is having \u2018the longest price adjustment since 2008\u2019 and \u2018has not found a bottom\u2019, says JLL\u2019s Hong Kong chairman, as firm\u2019s new forecast calls for 5 to 8 per cent drop in home prices in 2023.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s home prices\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143197,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-have-benefited-the-most-from-the-removal-of-hong-kongs-property-curbs-have-stepped-up-luxury-purchases-jll-says\/","url_meta":{"origin":113049,"position":1},"title":"Mainland Chinese buyers have benefited the most from the removal of Hong Kong\u2019s property curbs, have stepped up luxury purchases, JLL says","date":"March 25, 2024","format":false,"excerpt":"\r Mainland Chinese buyers are aggressively snapping up new luxury homes worth HK$30 million or more since the removal of all of Hong Kong\u2019s property curbs last month, JLL says.\r \r Source : South China Morning Post\r Read more...Mainland Chinese buyers have benefited the most from the removal of Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166976,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-to-rise-in-2026-on-the-back-of-mainland-chinese-buyers-rate-cut\/","url_meta":{"origin":113049,"position":2},"title":"Hong Kong home prices to rise in 2026 on the back of mainland Chinese buyers, rate cut","date":"December 10, 2025","format":false,"excerpt":"\r Hong Kong home prices are likely to see up to a 5 per cent boost in 2026 on the back of mainland Chinese buyers, interest rate cuts and fewer unsold new flats, according to analysts. In addition, the stamp duty adjustment and Hong Kong\u2019s resurgent stock market were also\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainlanders-snap-up-hong-kong-luxury-homes-as-china-tightens-market-restrictions\/","url_meta":{"origin":113049,"position":3},"title":"Mainlanders snap up Hong Kong luxury homes as China tightens market restrictions","date":"October 18, 2016","format":false,"excerpt":"\r The pace at which mainland capital is flowing into Hong Kong\u2019s luxury residential market has increased after more Chinese cities introduced or tightened curbs on house buying, according to industry experts. For the first two weeks of this month, realtors said about 30 per cent of Hong Kong\u2019s new\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59659,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-investors-pull-back-from-hong-kong-in-wake-of-beijings-capital-controls\/","url_meta":{"origin":113049,"position":4},"title":"Mainland Chinese investors pull back from Hong Kong in wake of Beijing\u2019s capital controls","date":"July 3, 2017","format":false,"excerpt":"\r Stricter capital controls introduced by Beijing last November have cut investment demand by mainland Chinese investors in Hong Kong by four times, according to real estate management company Jones Lang LaSalle. Mainland investors accounted for only 7.6 per cent of the total investment volume in Hong Kong\u2019s office sector\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pair-of-hong-kong-luxury-homes-sells-for-us41m-as-market-sizzle-increases\/","url_meta":{"origin":113049,"position":5},"title":"Pair of Hong Kong luxury homes sells for US$41m as market sizzle increases","date":"April 29, 2026","format":false,"excerpt":"\r A wave of demand from mainland Chinese buyers is restoring liquidity to Hong Kong\u2019s trophy home market, enabling owners who have held onto pricey assets for many years to lock in gains. Among them, mainland property tycoon Zhao Zhijun sold two adjoining units at 8-12 Peak Road for a\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\/113049"}],"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=113049"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113049\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}