{"id":118263,"date":"2020-08-18T07:00:26","date_gmt":"2020-08-18T00:00:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-unemployment-tottering-hang-seng-index-foretell-weaker-home-prices-in-coming-months-knight-frank-says\/"},"modified":"2020-08-18T08:03:58","modified_gmt":"2020-08-18T01:03:58","slug":"rising-unemployment-tottering-hang-seng-index-foretell-weaker-home-prices-in-coming-months-knight-frank-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-unemployment-tottering-hang-seng-index-foretell-weaker-home-prices-in-coming-months-knight-frank-says\/","title":{"rendered":"Rising unemployment, tottering Hang Seng Index foretell weaker home prices in coming months, Knight Frank says"},"content":{"rendered":"


\nRising unemployment will depress home prices in mass and luxury residential market by 5 per cent this year amid the coronavirus outbreak, according to Knight Frank, with homes changing hands at lower than market prices amid shrinking transactions.\u201cRising unemployment will lead to affordability issues, thus reducing property demand and in turn lower property prices,\u201d said Martin Wong, associate director of research and consultancy in Greater China at Knight Frank. Potential buyers will find home\u2026
\n
\nSource : South China Morning Post
\nRead more…Rising unemployment, tottering Hang Seng Index foretell weaker home prices in coming months, Knight Frank says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rising unemployment will depress home prices in mass and luxury residential market by 5 per...<\/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-118263","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-uLt","jetpack-related-posts":[{"id":119099,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-the-hang-seng-index-or-unemployment-rate-a-better-predictor-of-hong-kong-housing-prices\/","url_meta":{"origin":118263,"position":0},"title":"Is the Hang Seng Index or unemployment rate a better predictor of Hong Kong housing prices?","date":"November 3, 2020","format":false,"excerpt":"\r In the last two years, Hong Kong has endured a series of major incidents, from the US-China trade war to the anti-extradition bill and associated social unrest, to the Covid-19 pandemic. The Hong Kong economy has been dampened since the third quarter of 2019, with GDP growth flipped from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58474,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-home-prices-to-stay-flat-amid-political-uncertainty-says-knight-frank\/","url_meta":{"origin":118263,"position":1},"title":"London home prices to stay flat amid political uncertainty, says Knight Frank","date":"June 20, 2017","format":false,"excerpt":"\r With uncertainties abound over a hung parliament in the UK, residential property prices in London are likely to stay flat this year, according to property consultancy Knight Frank. Alistair Elliott, senior partner and group chairman, said the residential market in London will be more active this year but there\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112928,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-home-prices-expected-to-stay-flat-next-year-amid-protest-fears-says-knight-frank\/","url_meta":{"origin":118263,"position":2},"title":"Hong Kong luxury home prices expected to stay flat next year amid protest fears, says Knight Frank","date":"December 7, 2019","format":false,"excerpt":"\r Hong Kong is the only major city in Asia that will not see any growth in luxury home prices next year, as investors stay on the sidelines until the months-long anti-government protests end, after having risen by about 40 per cent in the 10 years to 2018, Knight Frank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97982,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-posts-9th-largest-growth-in-home-prices-globally\/","url_meta":{"origin":118263,"position":3},"title":"Singapore posts 9th largest growth in home prices globally","date":"September 17, 2018","format":false,"excerpt":"\r Despite several rounds of property cooling measures, home prices in Singapore are still rising fast, according to a Knight Frank report.\u00a0 Prices of private non-landed homes in Singapore grew by 9.3 percent on an annual basis, representing the ninth highest growth in the world during Q2 2018, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28313,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-rents-in-these-4-asian-cities-are-rapidly-rising\/","url_meta":{"origin":118263,"position":4},"title":"Luxury rents in these 4 Asian cities are rapidly rising","date":"October 3, 2016","format":false,"excerpt":"\r While Hong Kong and Singapore come crashing down Tokyo Skytree Tower in Japan. ZeroSystem \/ Shutterstock Prime rents in Tokyo are growing the fastest in Asia, Knight Frank revealed in its latest Prime Global Rental Index. Posting a 9 percent year-on-year growth in 12 months to June, the Japanese\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21879,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-central-london-house-prices-tumble-by-most-in-seven-years-and-values-face-major-shock\/","url_meta":{"origin":118263,"position":5},"title":"Prime central London house prices tumble by most in seven years and values face 'major shock'","date":"August 3, 2016","format":false,"excerpt":"\r BloombergHome prices in London's Knightsbridge district dropped 7.3 per cent in the 12 months through July, the biggest annual decline in almost seven years, as Britain's vote to leave the European Union accelerated price drops caused by rising taxes.Values fell 1.5 per cent across central London's best districts, with\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\/118263"}],"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=118263"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118263\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}