{"id":113991,"date":"2020-01-31T11:27:05","date_gmt":"2020-01-31T04:27:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/double-whammy-of-coronavirus-and-protests-is-about-to-send-hong-kongs-home-prices-plunging-say-property-analysts\/"},"modified":"2020-01-31T12:27:41","modified_gmt":"2020-01-31T05:27:41","slug":"double-whammy-of-coronavirus-and-protests-is-about-to-send-hong-kongs-home-prices-plunging-say-property-analysts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/double-whammy-of-coronavirus-and-protests-is-about-to-send-hong-kongs-home-prices-plunging-say-property-analysts\/","title":{"rendered":"Double whammy of coronavirus and protests is about to send Hong Kong\u2019s home prices plunging, say property analysts"},"content":{"rendered":"


\nHong Kong\u2019s famously expensive home prices fell in December and are likely to slide further in the coming months as authorities try to bring the Chinese coronavirus under control, said property analysts.The official price index for used homes dipped 1.7 per cent to 378.5 in December, according to the Rating and Valuation Department. The world\u2019s most expensive housing market had already been under pressure from months of violent anti-government protests and the effects of China\u2019s trade conflict\u2026
\n
\nSource : South China Morning Post
\nRead more…Double whammy of coronavirus and protests is about to send Hong Kong\u2019s home prices plunging, say property analysts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s famously expensive home prices fell in December and are likely to slide further...<\/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-113991","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-tEz","jetpack-related-posts":[{"id":115206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-sales-agencies-report-their-worst-financial-results-in-years-amid-triple-whammy-industry-slump\/","url_meta":{"origin":113991,"position":0},"title":"Hong Kong\u2019s property sales agencies report their worst financial results in years amid triple whammy industry slump","date":"March 27, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property agencies are reporting their worst financial results in years, as the coronavirus pandemic added to the woes of an industry that was already slumping from many months of anti-government protests and an unrelenting US-China trade war.Midland Holdings, the city\u2019s largest publicly listed network of sales agents,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118544,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hotel-investment-market-reels-from-coronavirus-protests-with-prices-tumbling-and-landlords-suing\/","url_meta":{"origin":113991,"position":1},"title":"Hong Kong\u2019s hotel investment market reels from coronavirus, protests, with prices tumbling and landlords suing","date":"September 9, 2020","format":false,"excerpt":"\r Hong Kong\u2019s hotel investment market is reeling from the impact of Covid-19 on tourism, with only one transaction taking place this year and landlords suing hotels for millions in rent arrears.Only one hotel property has changed hands successfully, albeit at a steep discount, so far this year compared with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-is-poised-for-another-real-estate-crisis-as-falling-home-prices-drive-more-mortgage-borrowers-into-negative-equity\/","url_meta":{"origin":113991,"position":2},"title":"Hong Kong is poised for another real estate crisis as falling home prices drive more mortgage borrowers into negative equity","date":"February 25, 2020","format":false,"excerpt":"\r Hong Kong\u2019s commercial banks are cutting their valuations of mortgaged homes as they bow to the double whammy impact of a viral epidemic with months of anti-government protests, in a move that could drive even more borrowers into negative equity and provoke panic selling.The weekly Centa Valuation Index (CVI)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114295,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-is-the-future-for-hong-kongs-luxury-retailers-as-chinas-big-spenders-avoid-city-of-protests-and-coronavirus-quarantines\/","url_meta":{"origin":113991,"position":3},"title":"What is the future for Hong Kong\u2019s luxury retailers, as China\u2019s big spenders avoid city of protests and coronavirus quarantines?","date":"February 15, 2020","format":false,"excerpt":"\r Zhang Zisheng has stopped shopping in Hong Kong. The 24-year-old salesman no longer feels welcome, even if his home in Jiangmen is a mere 90-minutes\u2019 ride away on the high-speed rail, and he speaks the same Cantonese as Hong Kong\u2019s residents.\u201cI\u2019m worried that I, as a mainland Chinese visitor,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-coronavirus-see-prada-tissot-make-way-for-cheap-phone-store-on-worlds-most-expensive-shopping-street\/","url_meta":{"origin":113991,"position":4},"title":"Hong Kong protests, coronavirus see Prada, Tissot make way for cheap phone store on world\u2019s most expensive shopping street","date":"June 17, 2020","format":false,"excerpt":"\r For years it was the world\u2019s most expensive shopping street, overshadowing anything Paris or London had to offer, its pavements brimming with shoppers hunting for Prada bags, Chanel perfumes and Blancpain watches.But Russell Street, in Hong Kong\u2019s bustling Causeway Bay, has lost its lustre \u2013 and a lot of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-and-rents-of-hong-kongs-tiny-flats-to-fall-this-year-as-coronavirus-driven-uncertainty-hits-demand-amid-oversupply\/","url_meta":{"origin":113991,"position":5},"title":"Prices and rents of Hong Kong\u2019s tiny flats to fall this year as coronavirus-driven uncertainty hits demand amid oversupply","date":"April 7, 2020","format":false,"excerpt":"\r The prices and rents of Hong Kong\u2019s tiny flats \u2013 those measuring less than 215 sq ft \u2013 are expected to fall this year as the coronavirus pandemic continues to weigh on the city\u2019s property sector, affecting demand amid a surfeit of supply, analysts said.Last year, 982 such flats\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\/113991"}],"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=113991"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113991\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}