{"id":120956,"date":"2021-07-20T11:00:16","date_gmt":"2021-07-20T04:00:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-are-inching-towards-record-highs-once-again-heres-how-this-perennial-issue-can-be-tackled\/"},"modified":"2021-07-20T12:29:49","modified_gmt":"2021-07-20T05:29:49","slug":"hong-kong-home-prices-are-inching-towards-record-highs-once-again-heres-how-this-perennial-issue-can-be-tackled","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-are-inching-towards-record-highs-once-again-heres-how-this-perennial-issue-can-be-tackled\/","title":{"rendered":"Hong Kong home prices are inching towards record highs once again. Here\u2019s how this perennial issue can be tackled"},"content":{"rendered":"<p>&#013;<br \/>\nThe latest housing price index \u2013 the Private Domestic Property Price Index \u2013 released by the Rating and Valuation Department in May has surged to 393.7, only 0.8 per cent lower than 396.9, the highest index point recorded back in May of 2019. Despite the challenges brought about by the Covid-19 pandemic, the transaction prices of second-hand residential property are peaking again.&#013;&#013;The outbreak of Covid-19 in early 2020 and the ensuing lockdown restrictions in major global economies, as well as\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3141664\/hong-kong-home-prices-are-inching-towards-record-highs-once-again-heres?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong home prices are inching towards record highs once again. Here\u2019s how this perennial issue can be tackled<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The latest housing price index \u2013 the Private Domestic Property Price Index \u2013 released by&#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-120956","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-vsU","jetpack-related-posts":[{"id":56450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-hit-record-highs-after-rising-for-13th-straight-month-in-april\/","url_meta":{"origin":120956,"position":0},"title":"Hong Kong home prices hit record highs after rising for 13th straight month in April","date":"May 31, 2017","format":false,"excerpt":"\r Home prices in Hong Kong \u2013 already considered the world\u2019s least affordable major city \u2013 rose for 13th consecutive month to an all-time high in April, according to the latest data released on Wednesday. The Rating and Valuation Department\u2019s monthly home price index, which represents price movements in the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-rise-for-13th-straight-year-with-rising-trend-likely-to-sustain-if-city-brings-fifth-wave-of-covid-19-outbreak-under-control\/","url_meta":{"origin":120956,"position":1},"title":"Hong Kong home prices rise for 13th straight year, with rising trend likely to sustain if city brings fifth wave of Covid-19 outbreak under control","date":"January 27, 2022","format":false,"excerpt":"\r Hong Kong\u2019s home prices rose for a 13th straight year in 2021 even as prices declined for a third consecutive month in December, according to an index published by the city\u2019s Rating and Valuation Department.The index for lived-in homes in December fell about 0.3 per cent to 392.5 from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":120956,"position":2},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113913,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-buyers-nudge-greater-bay-area-home-prices-to-new-heights-after-easier-ownership-rules\/","url_meta":{"origin":120956,"position":3},"title":"Hong Kong buyers nudge Greater Bay Area home prices to new heights after easier ownership rules","date":"January 28, 2020","format":false,"excerpt":"\r China may have fueled a housing boom in the Greater Bay Area with easier ownership rules, as buyers from Hong Kong joined the rush to send home prices in some cities to record highs, according to data from Centaline Property.An index tracking prices of new and used homes in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-price-index-drops-to-11-month-low-as-land-prices-reel-from-worsening-sentiment\/","url_meta":{"origin":120956,"position":4},"title":"Hong Kong home price index drops to 11-month low as land prices reel from worsening sentiment","date":"February 4, 2016","format":false,"excerpt":"\r Hong Kong official home price index dropped to an 11-month low in December as a growing number of individual home owners became willing to cut their prices, with land prices dropping much faster as market sentiment deteriorated, says industry experts.\r \r Source : South China Morning Post\r Read more...Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-lived-in-home-prices-hit-new-high-as-economy-rebounds-from-social-unrest-coronavirus-according-to-centaline-property-index\/","url_meta":{"origin":120956,"position":5},"title":"Hong Kong\u2019s lived-in home prices hit new high as economy rebounds from social unrest, coronavirus, according to Centaline Property index","date":"August 14, 2021","format":false,"excerpt":"\r The first sign that Hong Kong home prices have reached new highs has emerged.The closely watched Centa-City Leading Index (CCL) has broken the previous record set two years ago as the economy recovers and coronavirus cases subside.The gauge of lived-in homes compiled by Centaline Property Agency stretched a three-week\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\/120956"}],"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=120956"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120956\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}