{"id":113771,"date":"2020-01-21T06:30:05","date_gmt":"2020-01-20T23:30:05","guid":{"rendered":"http:\/\/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\/"},"modified":"2020-01-21T07:07:39","modified_gmt":"2020-01-21T00:07:39","slug":"hong-kong-protests-weigh-heavily-on-retail-property-transactions-as-volumes-sink-to-an-all-time-low-last-year","status":"publish","type":"post","link":"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\/","title":{"rendered":"Hong Kong protests weigh heavily on retail property transactions as volumes sink to an all-time low last year"},"content":{"rendered":"


\nHong 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 to 4,636, from 9,217 in 2018, while turnover tumbled 35 per cent to HK$103.8 billion (US$13.3 billion), from HK$160.3 billion the previous year, according to\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong protests weigh heavily on retail property transactions as volumes sink to an all-time low last year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s commercial and industrial property transaction volumes fell to the lowest level last year...<\/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-113771","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-tB1","jetpack-related-posts":[{"id":109482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-transactions-drop-by-48-per-cent-to-yearly-low-deposits-worth-hk3-5-million-forfeited-as-protests-weigh-on-sentiment\/","url_meta":{"origin":113771,"position":0},"title":"Hong Kong property transactions drop by 48 per cent to yearly low, deposits worth HK$3.5 million forfeited as protests weigh on sentiment","date":"July 30, 2019","format":false,"excerpt":"\r Hong Kong homebuyers are having second thoughts about the biggest purchase of their lives, as nearly two months of unprecedented public unrest cast a pall over the city\u2019s real-estate market.Weekly transactions involving used homes fell to their lowest level this year on Sunday, according to one of the city\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118453,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-transactions-sink-to-lowest-level-since-april-as-third-wave-of-coronavirus-weighs-on-sentiment\/","url_meta":{"origin":113771,"position":1},"title":"Hong Kong property transactions sink to lowest level since April as third wave of coronavirus weighs on sentiment","date":"September 3, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property market took a hit from the third wave of coronavirus outbreak, with transactions falling to a four-month low in August.It was a particularly disastrous month for sellers, with one individual incurring a massive loss of HK$38 million (US$4.9 million) on the sale of a house in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113921,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-sales-to-rise-10-per-cent-in-year-of-the-rat-as-investors-shrug-off-impact-of-wuhan-virus-social-unrest\/","url_meta":{"origin":113771,"position":2},"title":"Hong Kong property sales to rise 10 per cent in Year of the Rat as investors shrug off impact of Wuhan virus, social unrest","date":"January 28, 2020","format":false,"excerpt":"\r A rebound in the second quarter is likely to lift overall property sales in Hong Kong 10 per cent higher in the Year of the Rat despite uncertainties such as the deadly Wuhan virus outbreak and intermittent protests, according to Ricacorp Properties.The property agency expects transactions of flats, commercial\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114553,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-sells-hk3-billion-stakes-in-two-shopping-malls-to-mtr-as-hong-kongs-retail-sector-reels-from-protests-coronavirus\/","url_meta":{"origin":113771,"position":3},"title":"New World Development sells HK$3 billion stakes in two shopping malls to MTR as Hong Kong\u2019s retail sector reels from protests, coronavirus","date":"February 26, 2020","format":false,"excerpt":"\r New World Development has sold its interest in two Hong Kong shopping malls to MTR Corporation, the city\u2019s sole rail operator, for HK$3 billion (US$385 million) as the local retail sector slips into a deep slump.The developer said the sale of the \u201cnon-core\u201d assets, a 50 per cent stake\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investment-in-hong-kong-commercial-property-dropped-52-per-cent-last-year-as-protests-hit-demand-across-sector-cbre-says\/","url_meta":{"origin":113771,"position":4},"title":"Investment in Hong Kong commercial property dropped 52 per cent last year, as protests hit demand across sector, CBRE says","date":"January 16, 2020","format":false,"excerpt":"\r Investment in Hong Kong office and retail properties plunged by 52 per cent last year to HK$$68.9 billion (US$8.9 billion), the largest decline in a single year since 2011, property consultancy CBRE said on Wednesday.The ongoing anti-government protests and economic uncertainty had weakened demand across all sections of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-sink-to-33-year-low-in-2023-amid-high-interest-rates-as-sector-sees-glimmers-of-rebound-in-december\/","url_meta":{"origin":113771,"position":5},"title":"Hong Kong home sales sink to 33-year low in 2023 amid high interest rates as sector sees glimmers of rebound in December","date":"January 3, 2024","format":false,"excerpt":"\r Transactions in 2023 fell 2.7 per cent year on year to 58,023, while value fell 13.9 per cent to HK$477.6 billion (US$61 billion), Centaline says. Property agents see growth ahead given positive December figures and anticipated rate cuts.\r \r Source : South China Morning Post\r Read more...Hong Kong home\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\/113771"}],"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=113771"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113771\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}