{"id":114515,"date":"2020-02-25T20:00:14","date_gmt":"2020-02-25T13:00:14","guid":{"rendered":"http:\/\/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\/"},"modified":"2020-02-25T21:27:25","modified_gmt":"2020-02-25T14:27:25","slug":"hong-kong-is-poised-for-another-real-estate-crisis-as-falling-home-prices-drive-more-mortgage-borrowers-into-negative-equity","status":"publish","type":"post","link":"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\/","title":{"rendered":"Hong Kong is poised for another real estate crisis as falling home prices drive more mortgage borrowers into negative equity"},"content":{"rendered":"


\nHong 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) compiled by one of the biggest real estate agencies in the city plummeted by 3.52 points to 12.5 last week, the lowest level since January 2019. The lower the reading, the more bearish\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong is poised for another real estate crisis as falling home prices drive more mortgage borrowers into negative equity<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s commercial banks are cutting their valuations of mortgaged homes as they bow to...<\/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-114515","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-tN1","jetpack-related-posts":[{"id":73505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/key-rates-are-poised-to-rise-in-the-first-quarter-but-what-does-this-mean-for-hong-kong-borrowers\/","url_meta":{"origin":114515,"position":0},"title":"Key rates are poised to rise in the first quarter, but what does this mean for Hong Kong borrowers?","date":"December 2, 2017","format":false,"excerpt":"\r Interest rates in Hong Kong are rising for the first time since they were slashed following the global financial crisis. The benchmark Hong Kong interbank offered rate (Hibor) hit nine-year highs last week, and analysts expect commercial banks will change their prime rates for the first time since 2008\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/negative-equity-returns-to-hong-kong-as-small-flats-value-drop-by-20-per-cent-in-a-declining-market\/","url_meta":{"origin":114515,"position":1},"title":"Negative equity returns to Hong Kong as small flats\u2019 value drop by 20 per cent in a declining market","date":"October 29, 2018","format":false,"excerpt":"\r Scores of homeowners in Hong Kong are on the verge of falling into negative equity, with small flats in older buildings losing up to a fifth of their value in a matter of weeks. Many people who bought flats in the last couple of months have seen their value\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163643,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-q3-negative-equity-shrinks-17-hkmas-data-shows\/","url_meta":{"origin":114515,"position":2},"title":"Hong Kong\u2019s Q3 negative equity shrinks 17%, HKMA\u2019s data shows","date":"October 31, 2025","format":false,"excerpt":"\r Hong Kong\u2019s residential property market is displaying signs of improvement in the third quarter, as a crucial barometer of real estate loans showed fewer cases of negative equity. The number of negative equity cases fell 17 per cent to 31,449 at the end of September, from 37,806 at the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-in-northern-england-most-vulnerable-to-negative-equity\/","url_meta":{"origin":114515,"position":3},"title":"Homeowners in northern England 'most vulnerable to negative equity'","date":"July 14, 2016","format":false,"excerpt":"\r A 10% drop in house prices would see one in 10 borrowers fall into negative equity, warns Moody\u2019s, as Bank of England revises market forecastA 10% fall in house prices would put almost one in 10 borrowers in the north of England in negative equity, credit ratings agency Moody\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/negative-equity-cases-jump-14-times-as-hong-kong-property-prices-fall-again-in-march\/","url_meta":{"origin":114515,"position":4},"title":"Negative equity cases jump 14 times as Hong Kong property prices fall again in March","date":"April 29, 2016","format":false,"excerpt":"\r Hong Kong\u2019s tottering residential market was hit by a gust of negative news on Friday, with the supply of new private homes projected to rise to a record high of 92,000 and negative equity cases rising alarmingly as home prices continue to fall.\r \r Source : South China Morning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110441,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbcs-35bn-mortgage-push-is-good-for-borrowers-but-its-risky\/","url_meta":{"origin":114515,"position":5},"title":"HSBC's \u00a335bn mortgage push is good for borrowers,\u00a0but it's risky","date":"September 2, 2019","format":false,"excerpt":"\r Buyers should grab deals while they can \u2013 but the bank could lose out in a precarious UK marketHSBC has been the bank that has prospered most from globalisation. Hong Kong has been its gateway to an emerging China, its UK domicile has provided regulatory and legal respectability, and\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\/114515"}],"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=114515"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114515\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}