{"id":115442,"date":"2020-04-07T05:45:11","date_gmt":"2020-04-06T22:45:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-and-rents-of-hong-kongs-tiny-flats-to-fall-this-year-as-coronavirus-driven-uncertainty-hits-demand-amid-oversupply\/"},"modified":"2020-04-07T06:10:02","modified_gmt":"2020-04-06T23:10:02","slug":"prices-and-rents-of-hong-kongs-tiny-flats-to-fall-this-year-as-coronavirus-driven-uncertainty-hits-demand-amid-oversupply","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-and-rents-of-hong-kongs-tiny-flats-to-fall-this-year-as-coronavirus-driven-uncertainty-hits-demand-amid-oversupply\/","title":{"rendered":"Prices and rents of Hong Kong\u2019s tiny flats to fall this year as coronavirus-driven uncertainty hits demand amid oversupply"},"content":{"rendered":"<p>&#013;<br \/>\nThe prices and rents of Hong Kong\u2019s tiny flats \u2013 those measuring less than 215 sq ft \u2013 are expected to fall this year as the coronavirus pandemic continues to weigh on the city\u2019s property sector, affecting demand amid a surfeit of supply, analysts said.Last year, 982 such flats were completed in the city, according to data from the Transport and Housing Bureau. That shows a 72 per cent increase from the 571 flats completed in 2018 and a more than tenfold increase over 2015, when only 79 were\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/3078663\/prices-and-rents-hong-kongs-tiny-flats-fall-year\" target=\"_blank\">Prices and rents of Hong Kong\u2019s tiny flats to fall this year as coronavirus-driven uncertainty hits demand amid oversupply<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The prices and rents of Hong Kong\u2019s tiny flats \u2013 those measuring less than 215&#46;&#46;&#46;<\/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-115442","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-u1Y","jetpack-related-posts":[{"id":116850,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-recession-squeeze-rents-are-converging-for-hong-kongs-micro-flat-and-subdivided-lots\/","url_meta":{"origin":115442,"position":0},"title":"In recession squeeze, rents are converging for Hong Kong\u2019s micro flat and subdivided lots","date":"June 3, 2020","format":false,"excerpt":"\r Rents on tiny flats in some of Hong Kong\u2019s chic property developments are sliding towards the rates on the city\u2019s notorious subdivided flats as landlords concede more ground in a recession-hit economy, according to property agents.At least 10 such projects completed in recent few years have had flats leased\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-rents-might-need-to-be-halved-for-tenants-landlords-to-survive-coronavirus-outbreak-developer-says\/","url_meta":{"origin":115442,"position":1},"title":"Hong Kong retail rents might need to be halved for tenants, landlords to survive coronavirus outbreak, developer says","date":"April 3, 2020","format":false,"excerpt":"\r Hong Kong\u2019s retail landlords might have to cut rents by 50 per cent to attract new tenants amid a worsening outbreak of the novel coronavirus, one of the city\u2019s richest developers said.\u201cFor these few months, you\u2019ll probably see a 50 per cent cut in rents for the retail sector,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64824,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tiny-flats-9pc-pricier-than-larger-homes-per-sq-ft\/","url_meta":{"origin":115442,"position":2},"title":"Hong Kong\u2019s tiny flats 9pc pricier than larger homes per sq ft","date":"August 29, 2017","format":false,"excerpt":"\r Hong Kong\u2019s second-hand tiny flats are 9 per cent more expensive than larger ones on a per square foot basis, as record-high home prices and government cooling measures have created a mismatch between supply and demand. The average per square foot price of second-hand flats smaller than 400 square\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121855,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worst-is-over-for-hong-kongs-luxury-home-rental-sector-as-local-demand-fills-flats-vacated-by-expats-says-shkp-unit\/","url_meta":{"origin":115442,"position":3},"title":"Worst is over for Hong Kong\u2019s luxury home rental sector as local demand fills flats vacated by expats, says SHKP unit","date":"September 7, 2021","format":false,"excerpt":"\r The worst is over for Hong Kong\u2019s high-end home rentals sector, as local demand has gradually filled up the empty flats left behind by expatriates, according to the luxury residential leasing arm of Sun Hung Kai Properties (SHKP).Luxury home rents have dropped by 16 per cent in the last\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127597,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-near-hong-kongs-universities-on-the-rise-as-more-mainland-chinese-students-return-amid-easing-coronavirus-crisis\/","url_meta":{"origin":115442,"position":4},"title":"Rents near Hong Kong\u2019s universities on the rise as more mainland Chinese students return amid easing coronavirus crisis","date":"July 7, 2022","format":false,"excerpt":"\r An increase in demand from mainland Chinese students as Hong Kong\u2019s coronavirus crisis has eased has boosted the rents in housing estates close to universities, particularly in Kowloon Tong and Sha Tin, according to tenants, landlords and agents.\r \r Source : South China Morning Post\r Read more...Rents near Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-buying-frenzy-spills-over-into-hong-kongs-lived-in-subsidised-home-ownership-scheme-flats\/","url_meta":{"origin":115442,"position":5},"title":"Home buying frenzy spills over into Hong Kong\u2019s lived-in, subsidised Home Ownership Scheme flats","date":"July 9, 2021","format":false,"excerpt":"\r Hong Kong\u2019s home buying fever has spilled over into the subsidised housing market as turnover and average prices rise to new highs amid a recovery in the city\u2019s coronavirus pandemic-battered economy.Transactions involving lived-in Home Ownership Scheme (HOS) flats in the first half of this year amounted to HK$17.6 billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115442"}],"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=115442"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115442\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}