{"id":115102,"date":"2020-03-24T11:05:13","date_gmt":"2020-03-24T04:05:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-and-sars-a-cautionary-tale-of-two-crises-for-hong-kongs-all-important-property-market\/"},"modified":"2020-03-24T12:03:24","modified_gmt":"2020-03-24T05:03:24","slug":"covid-19-and-sars-a-cautionary-tale-of-two-crises-for-hong-kongs-all-important-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-and-sars-a-cautionary-tale-of-two-crises-for-hong-kongs-all-important-property-market\/","title":{"rendered":"Covid-19 and Sars: a cautionary tale of two crises for Hong Kong\u2019s all-important property market"},"content":{"rendered":"


\nThe Covid-19 pandemic is beginning to take a toll on the economy and has drastically affected our daily lives. But in moments of crisis there are also opportunities that inevitably arise. When looking at the situation purely from an investment perspective, drops in property market prices are contributing to something of a silver lining for potential buyers.When Sars (severe acute respiratory syndrome) hit in 2003, Hong Kong and its property market were in a very different place. As the city\u2026
\n
\nSource : South China Morning Post
\nRead more…Covid-19 and Sars: a cautionary tale of two crises for Hong Kong\u2019s all-important property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Covid-19 pandemic is beginning to take a toll on the economy and has drastically...<\/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-115102","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-tWu","jetpack-related-posts":[{"id":113078,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-hong-kongs-largest-developer-says-situation-sars-like-with-hotels-revenue-down-by-50-per-cent\/","url_meta":{"origin":115102,"position":0},"title":"Sun Hung Kai Properties, Hong Kong\u2019s largest developer, says situation \u2018Sars-like\u2019 with hotels revenue down by 50 per cent","date":"December 16, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s biggest developer by value, said revenue at its hotels division had plummeted by up to half in November and December, as the city\u2019s tourism industry struggled to stay afloat amid seven months of anti-government protests and the US-China trade war.Revenue per available room\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113795,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-unrest-to-determine-property-market-sentiment-more-than-wuhan-pneumonia-crisis-says-colliers\/","url_meta":{"origin":115102,"position":1},"title":"Hong Kong\u2019s unrest to determine property market sentiment more than Wuhan pneumonia crisis, says Colliers","date":"January 22, 2020","format":false,"excerpt":"\r The fallout on Hong Kong\u2019s property market from the Wuhan pneumonia outbreak is too early to predict, according to Colliers, even as the impact of the Sars epidemic on the sector is still fresh in the minds of investors. However, the property consultancy expects sentiment to only improve once\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113443,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hotels-target-staycations-as-the-citys-tourism-industry-endures-its-worst-slump-since-sars\/","url_meta":{"origin":115102,"position":2},"title":"Hong Kong hotels target staycations as the city\u2019s tourism industry endures its worst slump since Sars","date":"January 7, 2020","format":false,"excerpt":"\r Hong Kong\u2019s hotel operators are looking at news ways to beat seven months of downturn, including tapping the staycation market with hard to resist discount package deals.Far East Consortium International, which operates nine hotels comprising 2,867 hotel rooms in Hong Kong, is among those pursuing staycationers.\u201cWe felt the impact\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-office-vacancy-at-two-decade-highs-creates-optimal-window-for-companies-to-set-long-term-strategies\/","url_meta":{"origin":115102,"position":3},"title":"Hong Kong\u2019s office vacancy at two-decade highs creates optimal window for companies to set long-term strategies","date":"August 31, 2021","format":false,"excerpt":"\r Hong Kong\u2019s current office market downturn, stretching over seven quarters from late 2019, is on par with the longest in history. The contraction in occupancy, however, is more severe this time at 3 million square feet (278,710 square metres), compared with the so-called \u201cnegative net absorption\u201d of 1.7 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-13-year-housing-market-rally-is-all-but-over-as-november-home-prices-plunge-by-most-since-financial-crisis\/","url_meta":{"origin":115102,"position":4},"title":"Hong Kong\u2019s 13-year housing market rally is all but over as November home prices plunge by most since financial crisis","date":"December 28, 2022","format":false,"excerpt":"\r Home prices dropped by the most in 14 years in November and look likely to fall again this month in what would be the longest series of monthly declines since the 2003 Sars epidemic.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s 13-year housing market rally is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115128,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-hong-kongs-free-falling-real-estate-market-avoid-the-cliff-as-deep-pocketed-chinese-tourists-and-companies-stay-away\/","url_meta":{"origin":115102,"position":5},"title":"Can Hong Kong\u2019s free-falling real estate market avoid the cliff, as deep-pocketed Chinese tourists and companies stay away?","date":"March 25, 2020","format":false,"excerpt":"\r Eric Pau, senior associate director at one of Hong Kong\u2019s biggest real-estate agencies, vividly remembers the last time a global pandemic brought the city\u2019s property market to its knees.A 23-year-old property salesman at the Amoy Gardens housing estate in Kowloon Bay in 2003, Pau said he could feel the\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\/115102"}],"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=115102"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115102\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}