{"id":118088,"date":"2020-08-05T07:30:05","date_gmt":"2020-08-05T00:30:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-pre-owned-home-sales-dry-up-forcing-many-owners-to-settle-for-losses-as-capital-shifts-to-new-abodes\/"},"modified":"2020-08-05T08:07:47","modified_gmt":"2020-08-05T01:07:47","slug":"hong-kongs-pre-owned-home-sales-dry-up-forcing-many-owners-to-settle-for-losses-as-capital-shifts-to-new-abodes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-pre-owned-home-sales-dry-up-forcing-many-owners-to-settle-for-losses-as-capital-shifts-to-new-abodes\/","title":{"rendered":"Hong Kong\u2019s pre-owned home sales dry up, forcing many owners to settle for losses as capital shifts to new abodes"},"content":{"rendered":"


\nThe prices of pre-owned homes in Hong Kong have came off their 10-month peak in June, as buyers shifted their attention to newly launched projects amid social-distancing measures during the city\u2019s coronavirus relapse, forcing some desperate sellers to unload their lived-in property at losses.Five flats changed hands across 10 major housing estates in the city on Saturday and Sunday, the lowest weekend transaction rate in six months, according to data by Midland Realty, which operates one of\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s pre-owned home sales dry up, forcing many owners to settle for losses as capital shifts to new abodes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The prices of pre-owned homes in Hong Kong have came off their 10-month peak in...<\/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-118088","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-uIE","jetpack-related-posts":[{"id":127673,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-nano-flats-does-falling-demand-point-to-the-end-of-container-size-abodes\/","url_meta":{"origin":118088,"position":0},"title":"Hong Kong\u2019s nano flats: does falling demand point to the end of container-size abodes?","date":"July 12, 2022","format":false,"excerpt":"\r Divergent responses to recent property launches suggest buyers in Hong Kong have started preferring larger flats, following a relaxation of mortgage rules and as the market remains soft.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s nano flats: does falling demand point to the end of container-size\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110655,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rental-charges-at-hong-kongs-ultra-luxury-abodes-fall-by-30-per-cent-as-expatriates-and-mainland-chinese-renters-stay-away\/","url_meta":{"origin":118088,"position":1},"title":"Rental charges at Hong Kong\u2019s ultra-luxury abodes fall by 30 per cent as expatriates and mainland Chinese renters stay away","date":"September 11, 2019","format":false,"excerpt":"\r Hong Kong\u2019s monthly leases for ultra luxury residences have fallen by almost a third, as three successive months of street protests and the ongoing drought of high-paying financial jobs have deterred expatriate and mainland Chinese renters.Three-storey town houses of around 3,000 square feet (279 square metres) at the South\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109103,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-of-some-of-hong-kongs-smallest-abodes-may-have-sold-at-a-loss-just-to-clear-the-flats-off-its-books-to-avoid-vacancy-tax\/","url_meta":{"origin":118088,"position":2},"title":"Developer of some of Hong Kong\u2019s smallest abodes may have sold at a loss just to clear the flats off its books to avoid vacancy tax","date":"July 17, 2019","format":false,"excerpt":"\r Mainland property developers that arrived late to Hong Kong are discovering not everything always ends well when it comes to risk taking in the world\u2019s least affordable market for home ownership.Chinese developer Jiayuan International Group appears on track for a slim profit or even a loss in its first\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":152756,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-april-property-deals-jump-to-5-month-high-as-buyers-dived-in-on-stamp-duty-cut\/","url_meta":{"origin":118088,"position":3},"title":"Hong Kong\u2019s April property deals jump to 5-month high as buyers dived in on stamp duty cut","date":"May 6, 2025","format":false,"excerpt":"\r Real estate sales rose 9.8 per cent to HK$50.1 billion involving 7,229 new homes, lived-in abodes, offices, shops, car parking slots and industrial space.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s April property deals jump to 5-month high as buyers dived in on stamp duty cut","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102484,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-infatuation-with-multimillion-dollar-shoebox-homes-is-over-as-quickly-as-it-began\/","url_meta":{"origin":118088,"position":4},"title":"Hong Kong\u2019s infatuation with multimillion-dollar shoebox homes is over as quickly as it began","date":"December 22, 2018","format":false,"excerpt":"\r Hong Kong\u2019s infatuation with micro-apartments, some of which hold the world record as the smallest living space constructed for humans, has ended almost as quickly as it began. Known variously as nano flats, micro-apartments and shoebox homes, these abodes are specifically designed to be small, typically less than 200\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109288,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/micro-apartments-are-still-popular-because-their-rental-yields-top-the-average-in-hong-kongs-notoriously-costly-housing-market\/","url_meta":{"origin":118088,"position":5},"title":"Micro apartments are still popular because their rental yields top the average in Hong Kong\u2019s notoriously costly housing market","date":"July 24, 2019","format":false,"excerpt":"\r A flat at The Garrison in Hong Kong\u2019s Tai Wai that sold in July 2018 for HK$4.4 million (US$563,000) has been put on the market for rent at HK$13,500 per month, even before its owner took possession of the 201 square-foot (18.7 square metres) micro apartment.The yield, at 3.7\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\/118088"}],"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=118088"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118088\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}