{"id":113116,"date":"2019-12-17T07:15:14","date_gmt":"2019-12-17T00:15:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-luxury-hong-kong-homes-plunge-to-three-year-low-with-cashed-up-buyers-not-in-the-mood-for-big-ticket-purchases\/"},"modified":"2019-12-17T08:06:40","modified_gmt":"2019-12-17T01:06:40","slug":"sales-of-luxury-hong-kong-homes-plunge-to-three-year-low-with-cashed-up-buyers-not-in-the-mood-for-big-ticket-purchases","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-luxury-hong-kong-homes-plunge-to-three-year-low-with-cashed-up-buyers-not-in-the-mood-for-big-ticket-purchases\/","title":{"rendered":"Sales of luxury Hong Kong homes plunge to three-year low, with \u2018cashed-up\u2019 buyers not in the mood for big-ticket purchases"},"content":{"rendered":"<p>&#013;<br \/>\nThe sales of luxury homes in Hong Kong plunged to a three-year low in the first 11 months of 2019, with fewer local and mainland Chinese buyers willing to commit to big-ticket purchases since June, when the city\u2019s anti-government protests started.The overall sales of homes costing HK$20 million (US$2.56 million) and above, including new and old properties, fell 34 per cent to 2,752 deals from January to November year on year, according to Centaline Property Agency. The value of transactions\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3042342\/sales-luxury-hong-kong-homes-plunge-three-year-low-cashed-buyers-not-mood\" target=\"_blank\">Sales of luxury Hong Kong homes plunge to three-year low, with \u2018cashed-up\u2019 buyers not in the mood for big-ticket purchases<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The sales of luxury homes in Hong Kong plunged to a three-year low in the&#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-113116","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-tqs","jetpack-related-posts":[{"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":113116,"position":0},"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":171628,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/frenzy-for-hong-kong-luxury-homes-set-to-continue-after-156-sales-rise-in-first-quarter\/","url_meta":{"origin":113116,"position":1},"title":"Frenzy for Hong Kong luxury homes set to continue after 156% sales rise in first quarter","date":"April 26, 2026","format":false,"excerpt":"\r Hong Kong\u2019s sales of luxury homes more than doubled in the first quarter from a year earlier, helped by a buoyant stock market and attractively priced assets that drew the attention of wealthy investors including mainland Chinese buyers, according to analysts. The segment was likely to record another increase\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161857,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-affluent-buyers-to-snap-up-luxury-hong-kong-homes-amid-strong-stock-market\/","url_meta":{"origin":113116,"position":2},"title":"More affluent buyers to snap up luxury Hong Kong homes amid strong stock market","date":"October 1, 2025","format":false,"excerpt":"\r More affluent buyers are likely to snap up luxury homes in Hong Kong in the coming months, according to agents, as the city\u2019s booming stock market and government policies that attract well-heeled investors boost the outlook for the high-end property segment. \u201cSome ultra-wealthy buyers have earned substantial profits from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-pour-us2-billion-into-hong-kong-super-luxury-homes\/","url_meta":{"origin":113116,"position":3},"title":"Mainland Chinese buyers pour US$2 billion into Hong Kong super-luxury homes","date":"January 18, 2026","format":false,"excerpt":"\r After several subdued years, 2025 marked a turning point for demand in Hong Kong\u2019s most prestigious housing enclaves, as mainland buyers streamed back into scarce ultra-luxury homes once prices stabilised and transaction momentum rolled into the new year. That shift was most visible in The Peak and Southern district\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148580,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-hong-kong-celebrities-like-chow-yun-fat-find-buyers-for-their-luxury-homes-in-2025\/","url_meta":{"origin":113116,"position":4},"title":"Will Hong Kong celebrities like Chow Yun-fat find buyers for their luxury homes in 2025?","date":"December 26, 2024","format":false,"excerpt":"\r Luxury property prices to rise as much as 5 per cent next year, with rents also set to increase by the same level, Ricacorp\u2019s Derek Chan says.\r \r Source : South China Morning Post\r Read more...Will Hong Kong celebrities like Chow Yun-fat find buyers for their luxury homes in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-frenzy-rich-buyers-keep-scoring-high-end-hong-kong-homes-at-stunning-discounts\/","url_meta":{"origin":113116,"position":5},"title":"Luxury frenzy: rich buyers keep scoring high-end Hong Kong homes at stunning discounts","date":"March 31, 2025","format":false,"excerpt":"\r Plum properties sell for songs, but bargains may not last as demand for upscale homes is up 50 per cent from last year, agents say.\r \r Source : South China Morning Post\r Read more...Luxury frenzy: rich buyers keep scoring high-end Hong Kong homes at stunning discounts","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\/113116"}],"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=113116"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113116\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}