{"id":119065,"date":"2020-10-30T14:30:07","date_gmt":"2020-10-30T07:30:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-flats-defy-hong-kongs-recession-gaining-in-price-as-larger-homes-continue-to-lose-value\/"},"modified":"2020-10-30T15:12:04","modified_gmt":"2020-10-30T08:12:04","slug":"small-flats-defy-hong-kongs-recession-gaining-in-price-as-larger-homes-continue-to-lose-value","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-flats-defy-hong-kongs-recession-gaining-in-price-as-larger-homes-continue-to-lose-value\/","title":{"rendered":"Small flats defy Hong Kong\u2019s recession, gaining in price as larger homes continue to lose value"},"content":{"rendered":"<p>&#013;<br \/>\nSmall apartments appear to be bucking a downward trend in Hong Kong\u2019s property sector, gaining in price as the city struggles with a crippling recession.The prices of bigger homes and commercial property are falling as the coronavirus pandemic, which followed months of social upheaval, has wrought havoc on the local economy, slashing household budgets and causing a spike in unemployment.But gains in the prices of small flats in September were enough to counter those drops and push an official\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3107753\/small-flats-defy-hong-kongs-recession-gaining-price-larger-homes-continue\" target=\"_blank\">Small flats defy Hong Kong\u2019s recession, gaining in price as larger homes continue to lose value<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Small apartments appear to be bucking a downward trend in Hong Kong\u2019s property sector, gaining&#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-119065","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-uYp","jetpack-related-posts":[{"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":119065,"position":0},"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":118046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-defy-11-days-of-triple-digit-coronavirus-cases-to-snap-up-hendersons-seacoast-royale-flats-in-tuen-mun\/","url_meta":{"origin":119065,"position":1},"title":"Hong Kong\u2019s homebuyers defy 11 days of triple-digit coronavirus cases to snap up Henderson\u2019s Seacoast Royale flats in Tuen Mun","date":"August 1, 2020","format":false,"excerpt":"\r Hong Kong's property buyers defied a tropical cyclone and the 11th day of triple-digit confirmed coronavirus cases to snap up new homes launched by one of the city's largest developers, underscoring the resilience of the real estate bull market.Henderson Land Development sold all 185 units offered at its Seacoast\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-hong-kong-flats-appears-to-defy-cooling-measures\/","url_meta":{"origin":119065,"position":2},"title":"Demand for Hong Kong flats appears to defy cooling measures","date":"February 6, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residential property sector appears to be defying the government\u2019s best efforts to cool the market, as home prices continue to hit new highs. China Overseas Land & Investment said a 1,606 square-foot unit at Kai Tak, site of the city\u2019s former airport, sold for HK$48.19 million, or\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-defy-broken-economy-surging-unemployment-snapping-up-flats-at-wheelocks-monaco-project-in-kai-tak\/","url_meta":{"origin":119065,"position":3},"title":"Hong Kong homebuyers defy broken economy, surging unemployment, snapping up flats at Wheelock\u2019s Monaco project in Kai Tak","date":"January 22, 2021","format":false,"excerpt":"\r Enthusiastic homebuyers defied concerns that Hong Kong\u2019s sky-high unemployment rate and economic malaise might undermine demand by snapping up new flats offered by Wheelock Properties at its Monaco project on Thursday.The second round of sales at the development in Kai Tak saw almost all of the 133 units taken\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122066,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-defy-banks-jitters-in-snapping-up-flats-built-by-little-known-developer-in-fourth-straight-sell-out-weekend\/","url_meta":{"origin":119065,"position":4},"title":"Hong Kong\u2019s homebuyers defy banks\u2019 jitters in snapping up flats built by little-known developer in fourth straight sell-out weekend","date":"September 18, 2021","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers continued to pile into the residential property market, snapping up three of four flats on offer in two districts across the city, encouraged by an improving local economy and prospects of easy financing.Up to 197 of 265 apartments, or 74 per cent, of available new flats\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112488,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-higher-mortgage-cap-deters-at-least-one-developer-from-building-micro-flats-as-buyers-can-now-afford-larger-homes\/","url_meta":{"origin":119065,"position":5},"title":"Hong Kong\u2019s higher mortgage cap deters at least one developer from building micro-flats as buyers can now afford larger homes","date":"November 20, 2019","format":false,"excerpt":"\r The boom in Hong Kong\u2019s micro-apartments appears to be over, as the first easing in mortgage entitlements in a decade has helped buyers to afford larger homes, causing at least one developer of shoebox-sized property to quit the market.Micro-apartments, defined as those smaller than 200 square feet (18.6 square\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\/119065"}],"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=119065"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119065\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}