{"id":115292,"date":"2020-03-31T11:59:21","date_gmt":"2020-03-31T04:59:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-coronavirus-outbreak-containment-measures-weigh-on-sector-hong-kong-home-prices-record-biggest-drop-in-15-months\/"},"modified":"2020-03-31T12:12:42","modified_gmt":"2020-03-31T05:12:42","slug":"as-coronavirus-outbreak-containment-measures-weigh-on-sector-hong-kong-home-prices-record-biggest-drop-in-15-months","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-coronavirus-outbreak-containment-measures-weigh-on-sector-hong-kong-home-prices-record-biggest-drop-in-15-months\/","title":{"rendered":"As coronavirus outbreak, containment measures weigh on sector, Hong Kong home prices record biggest drop in 15 months"},"content":{"rendered":"


\nHong Kong home prices had their steepest drop in 15 months in February, and are expected to decline by up to 20 per cent from a peak in June 2019 by year-end amid the coronavirus pandemic.An index of used home prices dropped 2.1 per cent last month, according to the city\u2019s Rating and Valuation Department, its biggest monthly drop since December 2018. The decline also extended a three-month slide in home prices.The drop might widen to a more \u201cserious\u201d 2.5 per cent to 3 per cent in March, said\u2026
\n
\nSource : South China Morning Post
\nRead more…As coronavirus outbreak, containment measures weigh on sector, Hong Kong home prices record biggest drop in 15 months<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong home prices had their steepest drop in 15 months in February, and are...<\/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-115292","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-tZy","jetpack-related-posts":[{"id":114597,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-hong-kong-home-prices-extend-decline-in-january-with-more-pain-in-store-as-covid-19-adds-to-economic-gloom\/","url_meta":{"origin":115292,"position":0},"title":"Coronavirus: Hong Kong home prices extend decline in January with more pain in store as Covid-19 adds to economic gloom","date":"February 28, 2020","format":false,"excerpt":"\r Hong Kong's home prices extended a drop in January as the coronavirus outbreak added to the gloom in the economy already reeling from the effects of social unrest in 2019. As the epidemic spreads, the market should brace of a steeper decline in February, according to Ricacorp Properties.An index\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119618,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-poised-for-first-annual-decline-in-home-prices-in-12-years-as-coronavirus-deepens-recession-adds-to-unemployment-woes\/","url_meta":{"origin":115292,"position":1},"title":"Hong Kong poised for first annual decline in home prices in 12 years as coronavirus deepens recession, adds to unemployment woes","date":"December 29, 2020","format":false,"excerpt":"\r Hong Kong looks likely to record its first annual drop in home prices for 12 years as a fourth wave of coronavirus infections threatens to worsen the city\u2019s recession and unemployment problem.The official price index for used homes slipped 0.2 per cent to 380.4 in November, the lowest level\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119357,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-set-to-slip-further-after-unexpected-0-6-per-cent-drop-in-october-as-coronavirus-fourth-wave-dents-confidence\/","url_meta":{"origin":115292,"position":2},"title":"Hong Kong home prices set to slip further after \u2018unexpected\u2019 0.6 per cent drop in October as coronavirus fourth wave dents confidence","date":"November 26, 2020","format":false,"excerpt":"\r The fourth wave of coronavirus infections is expected to drag Hong Kong\u2019s home prices down further after they \u201cunexpectedly\u201d fell 0.6 per cent in October.In an earlier-than-expected release, the government\u2019s Rating and Valuation Department on Thursday revealed that the secondary market home price index dropped to 380.9 last month.\u201cEven\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-see-a-2-4-per-cent-decline-in-october-a-third-consecutive-monthly-drop-at-a-quickening-pace\/","url_meta":{"origin":115292,"position":3},"title":"Hong Kong home prices see a 2.4 per cent decline in October \u2013 a third consecutive monthly drop at a quickening pace","date":"November 30, 2018","format":false,"excerpt":"\r Home prices in Hong Kong slid for a third month \u2013 and picked up the pace. Analysts often say that three makes a trend, so the latest data are significant for property watchers, developers, owners and buyers. Hong Kong lived-in home prices saw their largest fall in three months,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118743,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-office-rents-expected-to-decline-30-per-cent-this-year-as-work-from-home-becomes-more-common-in-mid-to-long-term\/","url_meta":{"origin":115292,"position":4},"title":"Hong Kong office rents expected to decline 30 per cent this year, as work from home becomes more common in mid to long term","date":"September 27, 2020","format":false,"excerpt":"\r Hong Kong\u2019s office leasing market faces a new low this year, with rents declining by as much as 30 per cent, as companies assess their need for space and adopt work from home arrangements because of the coronavirus pandemic, analysts said.Office rents in the city\u2019s Central business district fell\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-fell-by-2-4-per-cent-in-december-says-rating-and-valuation-department\/","url_meta":{"origin":115292,"position":5},"title":"Hong Kong home prices fell by 2.4 per cent in December, says Rating and Valuation Department","date":"January 31, 2019","format":false,"excerpt":"\r The prices of homes in Hong Kong fell by 2.4 per cent in December, the city\u2019s Rating and Valuation Department said on Thursday, slower than a drop of 3.2 per cent in November. The decline from a peak in July amounts to 9.2 per cent. Shih Wing-ching, chairman of\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\/115292"}],"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=115292"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115292\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}