{"id":115128,"date":"2020-03-25T06:30:09","date_gmt":"2020-03-24T23:30:09","guid":{"rendered":"http:\/\/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\/"},"modified":"2020-03-25T07:04:09","modified_gmt":"2020-03-25T00:04:09","slug":"can-hong-kongs-free-falling-real-estate-market-avoid-the-cliff-as-deep-pocketed-chinese-tourists-and-companies-stay-away","status":"publish","type":"post","link":"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\/","title":{"rendered":"Can Hong Kong\u2019s free-falling real estate market avoid the cliff, as deep-pocketed Chinese tourists and companies stay away?"},"content":{"rendered":"


\nEric 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 panic spreading through the neighbourhood when 321 of the 19,000 residents in the estate\u2019s 19 apartment blocks caught the severe acute respiratory syndrome (Sars).\u201cNobody would go and view flats\u2026
\n
\nSource : South China Morning Post
\nRead more…Can Hong Kong\u2019s free-falling real estate market avoid the cliff, as deep-pocketed Chinese tourists and companies stay away?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Eric Pau, senior associate director at one of Hong Kong\u2019s biggest real-estate agencies, vividly remembers...<\/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-115128","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":123753,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-shop-for-bargains-as-chinas-once-deep-pocketed-asset-buyers-fall-on-hard-times-amid-debt-crackdown\/","url_meta":{"origin":115128,"position":0},"title":"Hong Kong developers shop for bargains as China\u2019s once deep-pocketed asset buyers fall on hard times amid debt crackdown","date":"December 11, 2021","format":false,"excerpt":"\r Lui Che-woo, one of Hong Kong\u2019s wealthiest men with a casino, hotels and apartments under his belt, met his match in late 2016 when his company K Wah International lost a bidding war to a Chinese airline that was on a land grab in the world\u2019s most expensive real\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118633,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-companies-are-showing-signs-of-returning-to-hong-kongs-offices-and-executive-apartments-boding-well-for-citys-real-estate\/","url_meta":{"origin":115128,"position":1},"title":"Chinese companies are showing signs of returning to Hong Kong\u2019s offices and executive apartments, boding well for city\u2019s real estate","date":"September 15, 2020","format":false,"excerpt":"\r Mainland China\u2019s companies and business executives, the vital lifeblood in sustaining Hong Kong\u2019s commercial and luxury residential real estate, are showing tentative signs of returning to the city, drawn by a spate of stock listings that require them to set up offices locally, analysts said.The Chinachem Group, which owns\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110555,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-a-blueprint-for-chinese-cities-must-abandon-hong-kongs-property-model-warns-chinas-godfather-of-real-estate-meng-xiaosu\/","url_meta":{"origin":115128,"position":2},"title":"Shenzhen, a blueprint for Chinese cities, must abandon Hong Kong\u2019s property model, warns China\u2019s \u2018godfather of real estate\u2019 Meng Xiaosu","date":"September 7, 2019","format":false,"excerpt":"\r The southern city of Shenzhen, now a blueprint for China\u2019s urban development, should abandon the Hong Kong property model it borrowed decades ago, warned the country\u2019s \u201cgodfather of real estate\u201d.Meng Xiaosu, who spearheaded China\u2019s property reform policies in the 1990s, said Shenzhen and other cities in the Greater Bay\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-mid-sized-developers-seek-to-create-markets-in-unlikely-niches-to-survive-citys-worst-economic-slump-on-record\/","url_meta":{"origin":115128,"position":3},"title":"Hong Kong\u2019s mid-sized developers seek to create markets in unlikely niches to survive city\u2019s worst economic slump on record","date":"October 14, 2020","format":false,"excerpt":"\r Hong Kong\u2019s real estate developers, particularly mid-sized companies that rely on a narrow segment for their sales, are diversifying their product offerings to find potential revenue in new market niches to help them survive the city\u2019s worst recession on record.\r\rSome of them are developing data centres, while others are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-hong-kongs-hotel-sector-in-the-doldrums-investors-zero-in-on-new-found-favourite-singapore\/","url_meta":{"origin":115128,"position":4},"title":"With Hong Kong\u2019s hotel sector in the doldrums, investors zero in on new-found favourite Singapore","date":"October 18, 2019","format":false,"excerpt":"\r Prospective investors are hunting for bargains in Hong Kong\u2019s hotel real estate market, which is experiencing a sharp downturn, as tourists stay away from the city amid unprecedented protests over the past four months.Analysts say the focus is now firmly on Singapore\u2019s hospitality sector that has seen a boom\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/harvey-nichols-to-vacate-landmark-mall-in-hong-kongs-central-after-nearly-2-decades-amid-weak-spending-by-locals-chinese-tourists\/","url_meta":{"origin":115128,"position":5},"title":"Harvey Nichols to vacate Landmark mall in Hong Kong\u2019s Central after nearly 2 decades amid weak spending by locals, Chinese tourists","date":"November 24, 2023","format":false,"excerpt":"\r The London-headquartered multibrand luxury retailer will close its doors in March, after deciding to give up its lease for 60,000 sq ft of space in the upscale mall.\r \r Source : South China Morning Post\r Read more...Harvey Nichols to vacate Landmark mall in Hong Kong\u2019s Central after nearly 2\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\/115128"}],"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=115128"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115128\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}