{"id":118058,"date":"2020-08-03T08:30:05","date_gmt":"2020-08-03T01:30:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-deals-expected-to-fall-10-per-cent-in-august-with-second-hand-home-sales-plunging-by-a-fifth-as-covid-19-risk-rattles-buyers-sellers\/"},"modified":"2020-08-03T09:03:12","modified_gmt":"2020-08-03T02:03:12","slug":"hong-kong-property-deals-expected-to-fall-10-per-cent-in-august-with-second-hand-home-sales-plunging-by-a-fifth-as-covid-19-risk-rattles-buyers-sellers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-deals-expected-to-fall-10-per-cent-in-august-with-second-hand-home-sales-plunging-by-a-fifth-as-covid-19-risk-rattles-buyers-sellers\/","title":{"rendered":"Hong Kong property deals expected to fall 10 per cent in August, with second-hand home sales plunging by a fifth, as Covid-19 risk rattles buyers, sellers"},"content":{"rendered":"


\nProperty transactions in Hong Kong may drop by about a 10th in August, with second-hand home sales leading the way with a 20 per cent plunge, as a third wave of Covid-19 infections deters buyers, according to real estate analysts.The total number of deals \u2013 new and lived-in homes, commercial and retail property \u2013 is expected to fall by 10 per cent to below the 7,000-mark, marking two straight months of decline, said Wong Leung-sing, senior associate director of research at Centaline Property\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong property deals expected to fall 10 per cent in August, with second-hand home sales plunging by a fifth, as Covid-19 risk rattles buyers, sellers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Property transactions in Hong Kong may drop by about a 10th in August, with second-hand...<\/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-118058","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-uIa","jetpack-related-posts":[{"id":162974,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-fuel-25-of-hong-kong-home-sales-last-quarter-centaline\/","url_meta":{"origin":118058,"position":0},"title":"Mainland Chinese buyers fuel 25% of Hong Kong home sales last quarter: Centaline","date":"October 20, 2025","format":false,"excerpt":"\r Mainland Chinese homebuyers remain a strong driving force in Hong Kong\u2019s residential property market, spending HK$38 billion (US$4.9 billion) to account for 25 per cent of the city\u2019s total home transactions in the third quarter, according to Centaline Property Agency. Buyers with names in pinyin \u2013 the mainland\u2019s system\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163897,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-deals-rise-to-3-month-high-as-buyers-benefit-from-rate-cut\/","url_meta":{"origin":118058,"position":1},"title":"Hong Kong property deals rise to 3-month high as buyers benefit from rate cut","date":"November 4, 2025","format":false,"excerpt":"\r Hong Kong property deals surged to a three-month high in October, a month after the US Federal Reserve and the Hong Kong Monetary Authority (HKMA) loosened monetary policies again this year since a pause that began in December. Sales of new and second-hand homes \u2013 as well as office\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113116,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-luxury-hong-kong-homes-plunge-to-three-year-low-with-cashed-up-buyers-not-in-the-mood-for-big-ticket-purchases\/","url_meta":{"origin":118058,"position":2},"title":"Sales of luxury Hong Kong homes plunge to three-year low, with \u2018cashed-up\u2019 buyers not in the mood for big-ticket purchases","date":"December 17, 2019","format":false,"excerpt":"\r The sales of luxury homes in Hong Kong plunged to a three-year low in the first 11 months of 2019, with fewer local and mainland Chinese buyers willing to commit to big-ticket purchases since June, when the city\u2019s anti-government protests started.The overall sales of homes costing HK$20 million (US$2.56\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97360,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-big-mortgages-offered-by-hong-kong-developers-to-speed-up-sales-raises-default-fears\/","url_meta":{"origin":118058,"position":3},"title":"Rise in big mortgages offered by Hong Kong developers to speed up sales raises default fears","date":"September 6, 2018","format":false,"excerpt":"\r The number of Hong Kong developers providing mortgages for homebuyers hit a record in the second quarter of this year, raising concerns over a possible rise in defaults should an increase in interest rates and falling prices hurt sentiment in the world\u2019s most expensive property market. Builders offering financing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51060,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-sales-up-43-6-per-cent-in-march\/","url_meta":{"origin":118058,"position":4},"title":"Hong Kong\u2019s home sales up 43.6 per cent in March","date":"April 6, 2017","format":false,"excerpt":"\r Home sales in Hong Kong rose to a four-month high in March, driven by a sharp increase in secondary market transactions, according to property agents. Industry experts expect home sales will continue to improve in April owing to rising numbers of big-ticket deals involving the purchase of multiple flats\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118395,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/seacoast-royale-extends-brisk-sale-for-a-fourth-weekend-as-hong-kong-buyers-snap-up-homes-amid-low-rates-and-easing-covid-19\/","url_meta":{"origin":118058,"position":5},"title":"Seacoast Royale extends brisk sale for a fourth weekend as Hong Kong buyers snap up homes amid low rates and easing Covid-19","date":"August 29, 2020","format":false,"excerpt":"\r The Seacoast Royale apartment complex in Tuen Mun extended its brisk sales for the fourth weekend, as decreasing cases of coronavirus in Hong Kong spurred more homebuyers to venture out of lockdown to take advantage of low borrowing rates amid a flood of liquidity.Buyers snapped up 29 of the\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\/118058"}],"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=118058"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118058\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}