{"id":120782,"date":"2021-06-28T13:15:29","date_gmt":"2021-06-28T06:15:29","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-second-hand-home-prices-soar-to-a-23-month-high-as-property-bull-run-feeds-on-cheap-money\/"},"modified":"2021-07-18T17:04:54","modified_gmt":"2021-07-18T10:04:54","slug":"hong-kongs-second-hand-home-prices-soar-to-a-23-month-high-as-property-bull-run-feeds-on-cheap-money","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-second-hand-home-prices-soar-to-a-23-month-high-as-property-bull-run-feeds-on-cheap-money\/","title":{"rendered":"Hong Kong\u2019s second-hand home prices soar to a 23-month high as property bull run feeds on cheap money"},"content":{"rendered":"


\nHousing affordability, one of the issues fuelling political strife in Hong Kong over the past few years, is rearing its head again as low interest rates fuel a speculative real estate frenzy while the economy grapples with budding signs of recovery from a pandemic-led recession.An index measuring the prices of all lived-in homes rose 0.6 per cent in May to a 23-month high of 393.7, a mere 0.8 per cent from its May 2019 historical peak, according to data released by the Rating and Valuation\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s second-hand home prices soar to a 23-month high as property bull run feeds on cheap money<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Housing affordability, one of the issues fuelling political strife in Hong Kong over the past...<\/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-120782","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-vq6","jetpack-related-posts":[{"id":123845,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-prices-to-fall-in-2022-as-stock-market-slump-creates-negative-wealth-effect-morgan-stanley-says-marking-a-halt-in-citys-decade-long-real-estate-bu\/","url_meta":{"origin":120782,"position":0},"title":"Hong Kong\u2019s home prices to fall in 2022 as stock market slump creates \u2018negative wealth effect\u2019, Morgan Stanley says, marking a halt in city\u2019s decade-long real estate bull run","date":"December 16, 2021","format":false,"excerpt":"\r The prices of Hong Kong\u2019s lived-in homes may decline in 2022, reversing 13 years of gains, as a plunge in the stock market has created a \u201cnegative wealth effect\u201d on investors and speculators, Morgan Stanley said.Overall prices may fall by 2 per cent next year, the US bank\u2019s equity\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122738,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/price-of-parking-spaces-at-hong-kongs-lohas-park-soar-a-record-23-per-cent-as-wheelock-sells-last-87-bays-at-malibu-flats\/","url_meta":{"origin":120782,"position":1},"title":"Price of parking spaces at Hong Kong\u2019s Lohas Park soar a record 23 per cent as Wheelock sells last 87 bays at Malibu flats","date":"October 22, 2021","format":false,"excerpt":"\r The price of car parking spaces at the Lohas Park residential enclave in Hong Kong\u2019s Tseung Kwan O district has risen to a record high, as a chronic shortage in the area forced vehicle owners to bid up prices.Wheelock Properties, the developer of the Malibu apartments, released the final\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-index-of-used-homes-fell-in-june-as-trade-war-public-unrest-combine-to-stop-property-market-bull-run\/","url_meta":{"origin":120782,"position":2},"title":"Hong Kong\u2019s index of used homes fell in June as trade war, public unrest combine to stop property market bull run","date":"July 31, 2019","format":false,"excerpt":"\r The prices of Hong Kong\u2019s lived-in homes dropped by 0.8 per cent in June, as the year-long US-China trade war and unprecedented levels of public unrest combined to send property buyers to the sidelines, ending a five-month bull run in the city\u2019s real estate market.The price index of used\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84119,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-no-better-time-to-be-a-real-estate-agent-as-fees-soar-amid-hong-kongs-record-prices\/","url_meta":{"origin":120782,"position":3},"title":"There\u2019s no better time to be a real estate agent as fees soar amid Hong Kong\u2019s record prices","date":"March 29, 2018","format":false,"excerpt":"\r Hong Kong\u2019s two largest property agents, Centaline and Midland, enjoyed sharp increases in commission revenue generated in the city last year, as sales of new homes and prices surged to record highs. But market commentators are warning the sector\u2019s outlook remains clouded by uncertainty over rising interest rates, and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hotel-valuations-drop-vacancy-rates-soar-as-business-travellers-and-tourists-avoid-city-amid-street-protests\/","url_meta":{"origin":120782,"position":4},"title":"Hong Kong\u2019s hotel valuations drop, vacancy rates soar, as business travellers and tourists avoid city amid street protests","date":"November 13, 2019","format":false,"excerpt":"\r Investments in new hotels grounded to a halt in Hong Kong, as valuations fell 10 per cent amid record vacancy rates caused by business travellers and tourists who are avoiding the city\u2019s anti-government protests.The average room rate at three-star hotels fell 46 per cent to HK$446 (US$57) for the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94119,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-co-living-space-goes-upmarket-as-rents-and-home-prices-soar\/","url_meta":{"origin":120782,"position":5},"title":"Hong Kong\u2019s co-living space goes upmarket as rents and home prices soar","date":"July 18, 2018","format":false,"excerpt":"\r In Hong Kong, the world\u2019s most expensive place to live, the economical concept of co-living that is popular among young people has moved upscale. District15, developer of The Nate in Tsim Sha Tsui is leasing out space from HK$15,000 (US$1,911) to HK$25,000, rates relatively steep by co-living standards, though\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\/120782"}],"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=120782"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120782\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}