{"id":115124,"date":"2020-03-25T05:00:08","date_gmt":"2020-03-24T22:00:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-relish-picking-up-overseas-properties-on-the-cheap-as-currencies-slump-amid-market-stampede\/"},"modified":"2020-03-25T05:03:59","modified_gmt":"2020-03-24T22:03:59","slug":"hongkongers-relish-picking-up-overseas-properties-on-the-cheap-as-currencies-slump-amid-market-stampede","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-relish-picking-up-overseas-properties-on-the-cheap-as-currencies-slump-amid-market-stampede\/","title":{"rendered":"Hongkongers relish picking up overseas properties on the cheap as currencies slump amid market stampede"},"content":{"rendered":"


\nHongkongers are relishing the prospect of picking up global properties on the cheap, as a global market stampede crushed major currencies and emergency rate cuts flattened borrowing costs.The Hong Kong currency is trading at the stronger end of its band through the market carnage, courtesy of its decades-old peg to the US dollar. It has appreciated by between 4.7 per cent and 15.5 per cent so far this year against top major and regional currencies, including the British pound, Canadian dollar,\u2026
\n
\nSource : South China Morning Post
\nRead more…Hongkongers relish picking up overseas properties on the cheap as currencies slump amid market stampede<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hongkongers are relishing the prospect of picking up global properties on the cheap, as a...<\/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-115124","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-tWQ","jetpack-related-posts":[{"id":124189,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-london-properties-set-for-further-recovery-as-hongkongers-local-investors-flock-back-to-city-centre-as-omicron-wave-peaks\/","url_meta":{"origin":115124,"position":0},"title":"Prime London properties set for further recovery as Hongkongers, local investors flock back to city centre as Omicron wave peaks","date":"January 11, 2022","format":false,"excerpt":"\r Global investors, including those emigrating from Hong Kong, are flocking back to London\u2019s prime areas to snap up properties as the world gradually moves on to living with Covid-19.Several districts in London are recording higher property sales in recent months, according to real estate agents as workers return to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-continue-their-beeline-for-one-victoria-flats-in-kai-tak-as-cheap-funds-economic-growth-lure-buyers-into-market\/","url_meta":{"origin":115124,"position":1},"title":"Hongkongers continue their beeline for One Victoria flats in Kai Tak as cheap funds, economic growth lure buyers into market","date":"July 10, 2021","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers continued making their beeline for the first waterfront flats built on the city\u2019s former airport runway, as low-cost mortgages combined with signs of an economic recovery and easing Covid-19 outbreaks to lure them back into the property market.China Overseas Land and Investment (COLI) sold 118 apartments,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112615,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-king-wai-buys-portuguese-digital-bank-bni-europa-tapping-opportunity-as-hongkongers-seek-overseas-residency-amid-political-crisis\/","url_meta":{"origin":115124,"position":2},"title":"Hong Kong King Wai buys Portuguese digital bank BNI Europa, tapping opportunity as Hongkongers seek overseas residency amid political crisis","date":"November 25, 2019","format":false,"excerpt":"\r Conglomerate Hong Kong King Wai Group has acquired a digital bank based in Portugal, in a move motivated by Beijing\u2019s push to forge closer business ties with Portuguese-speaking economies and the rising demand from Hongkongers seeking permanent residency in Europe amid escalating unrest in their home city.\r\rThe group secured\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87433,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-brush-off-weakening-local-dollar-to-continue-buying-homes-in-shenzhen\/","url_meta":{"origin":115124,"position":3},"title":"Hongkongers brush off weakening local dollar to continue buying homes in Shenzhen","date":"May 9, 2018","format":false,"excerpt":"\r Hong Kong homebuyers continue to desire properties in Shenzhen, despite the Hong Kong dollar falling to a 35-year low against the US dollar recently. The yuan, meanwhile, has been the fourth strongest currency in Asia in the past 12 months, and has surged by about 8 per cent against\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-heading-to-uk-under-bno-visa-scheme-undeterred-by-end-of-stamp-duty-holiday-surging-home-prices\/","url_meta":{"origin":115124,"position":4},"title":"Hongkongers heading to UK under BN(O) visa scheme undeterred by end of stamp duty holiday, surging home prices","date":"July 21, 2021","format":false,"excerpt":"\r The end of a stamp duty holiday and surging home prices are unlikely to deter Hongkongers from continuing to buy properties in the UK as they move there under the British National (Overseas) scheme, according to analysts.Since the beginning of this month, London has imposed a minimum 5 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-join-bespoke-japan-property-tours-to-scout-for-investment-opportunities-amid-yens-slump\/","url_meta":{"origin":115124,"position":5},"title":"Hongkongers join bespoke Japan property tours to scout for investment opportunities amid yen\u2019s slump","date":"June 27, 2022","format":false,"excerpt":"\r With Japan reopening its borders to tourists, specialist Hong Kong property agencies are organising tours for investors looking to take advantage of the yen\u2019s decline.\r \r Source : South China Morning Post\r Read more...Hongkongers join bespoke Japan property tours to scout for investment opportunities amid yen\u2019s slump","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\/115124"}],"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=115124"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115124\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}