{"id":115654,"date":"2020-04-16T07:30:15","date_gmt":"2020-04-16T00:30:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-than-1000-hong-kong-homeowners-could-see-loans-exceed-value-of-properties-in-first-quarter\/"},"modified":"2020-04-16T08:07:29","modified_gmt":"2020-04-16T01:07:29","slug":"more-than-1000-hong-kong-homeowners-could-see-loans-exceed-value-of-properties-in-first-quarter","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-than-1000-hong-kong-homeowners-could-see-loans-exceed-value-of-properties-in-first-quarter\/","title":{"rendered":"More than 1,000 Hong Kong homeowners could see loans exceed value of properties in first quarter"},"content":{"rendered":"<p>&#013;<br \/>\nMore than 1,000 homebuyers are on the verge of falling into negative equity in Hong Kong, after the prices of flats in some housing estates declined by more than 10 per cent from October last year, industry insiders said.Negative equity occurs when a home loan exceeds the market value of the property involved. The last time the city recorded more than 1,000 such cases was in the second quarter of 2016, when it reported 1,307 instances of negative equity. The surge could also deepen a correction\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3080115\/more-1000-hong-kong-homeowners-could-see-loans-exceed-value-properties\" target=\"_blank\">More than 1,000 Hong Kong homeowners could see loans exceed value of properties in first quarter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; More than 1,000 homebuyers are on the verge of falling into negative equity in Hong&#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-115654","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-u5o","jetpack-related-posts":[{"id":163643,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-q3-negative-equity-shrinks-17-hkmas-data-shows\/","url_meta":{"origin":115654,"position":0},"title":"Hong Kong\u2019s Q3 negative equity shrinks 17%, HKMA\u2019s data shows","date":"October 31, 2025","format":false,"excerpt":"\r Hong Kong\u2019s residential property market is displaying signs of improvement in the third quarter, as a crucial barometer of real estate loans showed fewer cases of negative equity. The number of negative equity cases fell 17 per cent to 31,449 at the end of September, from 37,806 at the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/negative-equity-returns-to-hong-kong-as-small-flats-value-drop-by-20-per-cent-in-a-declining-market\/","url_meta":{"origin":115654,"position":1},"title":"Negative equity returns to Hong Kong as small flats\u2019 value drop by 20 per cent in a declining market","date":"October 29, 2018","format":false,"excerpt":"\r Scores of homeowners in Hong Kong are on the verge of falling into negative equity, with small flats in older buildings losing up to a fifth of their value in a matter of weeks. Many people who bought flats in the last couple of months have seen their value\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3015,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sees-spurt-in-negative-equity-home-owners-as-property-prices-tumble\/","url_meta":{"origin":115654,"position":2},"title":"Hong Kong sees spurt in negative-equity home owners as property prices tumble","date":"January 29, 2016","format":false,"excerpt":"\r The number of Hong Kong homeowners who owe more than the value of their property has shot up for the first time in nearly a year and a half as property prices fall faster than expected amid a market turmoil while new flat supply is set to climb to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127088,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spicy-policies-helped-fortify-hong-kongs-market-save-homeowners-from-negative-equity-trap-defaults-ex-hkma-ceo-chan-says\/","url_meta":{"origin":115654,"position":3},"title":"\u2018Spicy policies\u2019 helped fortify Hong Kong\u2019s market, save homeowners from negative-equity trap, defaults, ex-HKMA CEO Chan says","date":"June 20, 2022","format":false,"excerpt":"\r Hong Kong is better prepared today to withstand future financial crises, such as a property market slump, according to former HKMA CEO Norman Chan Tak-lam.\r \r Source : South China Morning Post\r Read more...\u2018Spicy policies\u2019 helped fortify Hong Kong\u2019s market, save homeowners from negative-equity trap, defaults, ex-HKMA CEO Chan\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreclosures-set-to-surge-as-hong-kong-homeowners-struggle-with-finances-due-to-recession-rising-unemployment\/","url_meta":{"origin":115654,"position":4},"title":"Foreclosures set to surge as Hong Kong homeowners struggle with finances due to recession, rising unemployment","date":"June 17, 2020","format":false,"excerpt":"\r The number of foreclosed properties in Hong Kong could reach the highest level since the global financial crisis early next year, as owners struggle to repay mortgages amid a recession-hit economy that has taken a toll on businesses and pushed the unemployment rate to the highest in more than\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147908,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-third-quarter-negative-equity-cases-jump-34-to-a-21-year-high-of-40713-cases\/","url_meta":{"origin":115654,"position":5},"title":"Hong Kong\u2019s third-quarter negative equity cases jump 34% to a 21-year high of 40,713 cases","date":"October 31, 2024","format":false,"excerpt":"\r The number of negative equity cases soared to 40,713 at the end of September, a jump of 34 per cent from June, according to the Hong Kong Monetary Authority.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s third-quarter negative equity cases jump 34% to a 21-year high\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\/115654"}],"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=115654"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115654\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}