{"id":119377,"date":"2020-11-30T08:30:05","date_gmt":"2020-11-30T01:30:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-expected-to-spend-us2-19-billion-on-new-homes-this-year-the-lowest-since-2015-says-centaline\/"},"modified":"2020-11-30T10:04:35","modified_gmt":"2020-11-30T03:04:35","slug":"hongkongers-expected-to-spend-us2-19-billion-on-new-homes-this-year-the-lowest-since-2015-says-centaline","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-expected-to-spend-us2-19-billion-on-new-homes-this-year-the-lowest-since-2015-says-centaline\/","title":{"rendered":"Hongkongers expected to spend US$2.19 billion on new homes this year, the lowest since 2015, says Centaline"},"content":{"rendered":"


\nHongkongers are expected to spend HK$170 billion (US$2.19 billion) on new homes this year, the lowest since 2015, according to Centaline Property Agency.As a fourth wave of coronavirus cases adds to the woes of a property sector already hit hard by economic recession and rising unemployment, analysts expect a bumpy ride next year too.\u201cThe sharp fall in sales is largely due to the poor market sentiment in the first half. Developers faced immense challenges to catch up the sales in the second\u2026
\n
\nSource : South China Morning Post
\nRead more…Hongkongers expected to spend US.19 billion on new homes this year, the lowest since 2015, says Centaline<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hongkongers are expected to spend HK$170 billion (US$2.19 billion) on new homes this year, the...<\/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-119377","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-v3r","jetpack-related-posts":[{"id":123773,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-spent-a-record-us4-5-billion-to-buy-lived-in-subsidised-homes-amid-soaring-private-flat-prices\/","url_meta":{"origin":119377,"position":0},"title":"Hongkongers spent a record US$4.5 billion to buy lived-in subsidised homes amid soaring private flat prices","date":"December 13, 2021","format":false,"excerpt":"\r Hong Kong sales of lived-in subsidised homes rose to a record HK$34.9 billion (US$4.5 billion) for the first 11 months, as buyers rush for cheaper alternatives amid a surge in private home prices that have pushed them beyond general affordability.The transaction value of lived-in flats under the Home Ownership\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/zhuhai-property-lures-hongkongers-betting-mega-bridge-will-boost-greater-bay-area\/","url_meta":{"origin":119377,"position":1},"title":"Zhuhai property lures Hongkongers betting mega bridge will boost Greater Bay Area","date":"May 1, 2019","format":false,"excerpt":"\r Hongkongers splashed out an estimated 10 billion yuan (US$1.48 billion) on homes in the Greater Bay Area last year as they bet the new Hong Kong-Macau-Zhuhai bridge would boost property prices, according to industry experts.They bought some 10,000 homes in the nine mainland Chinese cities the area covers, for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-delay-home-purchases-in-malaysia-as-lockdown-measures-freeze-market\/","url_meta":{"origin":119377,"position":2},"title":"Hongkongers delay home purchases in Malaysia as lockdown measures freeze market","date":"April 28, 2020","format":false,"excerpt":"\r Hong Kong buyers are putting aside their plans for investing in Malaysian property as lockdown measures restrict movements, close non-essential businesses and freeze the real estate market along the way.Enquiries about Malaysian projects from the city\u2019s residents have dwindled by about one third from a peak last year when\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-buyers-shun-investment-in-greater-bay-area-homes-amid-uncertainty-over-project-completions-border-reopening\/","url_meta":{"origin":119377,"position":3},"title":"Hong Kong buyers shun investment in Greater Bay Area homes amid uncertainty over project completions, border reopening","date":"August 3, 2022","format":false,"excerpt":"\r Hongkongers\u2019 demand for homes in the Greater Bay Area slumped by as much as 80 per cent in the first half, according to Andy Lee, CEO of Centaline China.\r \r Source : South China Morning Post\r Read more...Hong Kong buyers shun investment in Greater Bay Area homes amid uncertainty\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103214,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-home-sales-in-hong-kong-hit-record-us24-6-billion-last-year-says-centaline-report\/","url_meta":{"origin":119377,"position":4},"title":"Luxury home sales in Hong Kong hit record US$24.6 billion last year, says Centaline report","date":"January 23, 2019","format":false,"excerpt":"\r Sales of luxury homes in Hong Kong smashed all previous records last year, according to research by Centaline Property Agency. But whether that momentum can be maintained in 2019 will depend on the outcome of the US-China trade war, analysts warned. The number of homes that sold for HK$20\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":119377,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119377"}],"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=119377"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119377\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}