{"id":115342,"date":"2020-04-02T08:30:10","date_gmt":"2020-04-02T01:30:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sentiment-in-hong-kongs-property-sector-hit-across-the-board-as-theres-no-respite-from-coronvirus-outbreak\/"},"modified":"2020-04-02T09:03:29","modified_gmt":"2020-04-02T02:03:29","slug":"sentiment-in-hong-kongs-property-sector-hit-across-the-board-as-theres-no-respite-from-coronvirus-outbreak","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sentiment-in-hong-kongs-property-sector-hit-across-the-board-as-theres-no-respite-from-coronvirus-outbreak\/","title":{"rendered":"Sentiment in Hong Kong\u2019s property sector hit across the board as there\u2019s no respite from coronvirus outbreak"},"content":{"rendered":"


\nHong Kong\u2019s property market continues to be battered from all sides as the worsening coronavirus pandemic takes a toll on sales, prices, rents and even government land sales.New home sales in March sank 40.4 per cent month on month to 594 units, the lowest since December 2018 while overall transaction volume in the first quarter fell to a four-year low at HK$100.09 billion, according to data from Centaline Property Agency. This comes a day after secondary home prices in the city recorded their\u2026
\n
\nSource : South China Morning Post
\nRead more…Sentiment in Hong Kong\u2019s property sector hit across the board as there\u2019s no respite from coronvirus outbreak<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s property market continues to be battered from all sides as the worsening coronavirus...<\/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-115342","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-u0m","jetpack-related-posts":[{"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":115342,"position":0},"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":104851,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-first-home-buyers-snap-up-hendersons-vantage-flats-in-hung-hom-giving-respite-to-declining-property-prices\/","url_meta":{"origin":115342,"position":1},"title":"Hong Kong\u2019s first-home buyers snap up Henderson\u2019s Vantage flats in Hung Hom, giving respite to declining property prices","date":"March 9, 2019","format":false,"excerpt":"\r Hong Kong\u2019s weekend property buyers are back, as more than 2,000 people thronged a sales office to bid for 246 flats offered by Henderson Land Development in Hung Hom.The selling price of Henderson\u2019s Vantage project starts from HK$3.83 million for the smallest 170 square feet unit, to HK$8.57 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116297,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-restaurants-back-in-busy-mode-as-social-distancing-measures-are-eased-but-recovery-still-a-long-way-off\/","url_meta":{"origin":115342,"position":2},"title":"Hong Kong restaurants back in busy mode as social distancing measures are eased, but recovery still a long way off","date":"May 13, 2020","format":false,"excerpt":"\r Packed eateries over the weekend were a welcome respite for struggling restaurant operators hit by months of street protests and coronavirus outbreak, but analysts and entrepreneurs warned Hong Kong\u2019s food and beverage sector is still months away from a full recovery.Many mall and restaurant operators have taken advantage of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-sales-could-sink-up-to-50-per-cent-as-city-shuts-out-chinese-visitors-amid-coronavirus-outbreak\/","url_meta":{"origin":115342,"position":3},"title":"Hong Kong\u2019s retail sales could sink up to 50 per cent as city shuts out Chinese visitors amid coronavirus outbreak","date":"February 19, 2020","format":false,"excerpt":"\r Retail sales in Hong Kong could plunge by as much as half, as most of the city\u2019s borders with China remain shut amid the Covid-19 outbreak and its impact could be more severe on the sector than the months-long social unrest, according to the CEO of Sunlight Real Estate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114846,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investments-in-hong-kongs-offices-shops-and-homes-slowed-to-a-standstill-as-covid-19-outbreak-adds-to-markets-woes\/","url_meta":{"origin":115342,"position":4},"title":"Investments in Hong Kong\u2019s offices, shops and homes slowed to a standstill as Covid-19 outbreak adds to market\u2019s woes","date":"March 11, 2020","format":false,"excerpt":"\r Investments in Hong Kong\u2019s real estate are almost at a standstill, as the global coronavirus outbreak exacerbated the slumping sentiment from half a year of anti-government protests and the ongoing US-China trade war.\r\rFebruary\u2019s transactions declined 13 per cent from last year to 3,572 deals, the lowest monthly tally in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118629,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-sector-stuck-in-the-doldrums-pushes-vacancy-rate-of-street-level-shops-to-record-high\/","url_meta":{"origin":115342,"position":5},"title":"Hong Kong\u2019s retail sector, stuck in the doldrums, pushes vacancy rate of street-level shops to record high","date":"September 15, 2020","format":false,"excerpt":"\r The vacancy rate of street level shops in Hong Kong\u2019s four major shopping districts \u2013 Causeway Bay, Mong Kok, Central and Tsim Sha Tsui \u2013 has reached a record high of 12.6 per cent and is expected to climb to 14 per cent in the first quarter next year,\u2026","rel":"","context":"In "Property 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