{"id":121597,"date":"2021-08-23T07:30:12","date_gmt":"2021-08-23T00:30:12","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-supply-of-luxury-homes-to-hit-new-high-after-demand-from-wealthy-buyers-more-than-doubles-amid-covid-19\/"},"modified":"2021-08-23T10:13:42","modified_gmt":"2021-08-23T03:13:42","slug":"hong-kongs-supply-of-luxury-homes-to-hit-new-high-after-demand-from-wealthy-buyers-more-than-doubles-amid-covid-19","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-supply-of-luxury-homes-to-hit-new-high-after-demand-from-wealthy-buyers-more-than-doubles-amid-covid-19\/","title":{"rendered":"Hong Kong\u2019s supply of luxury homes to hit new high after demand from wealthy buyers more than doubles amid Covid-19"},"content":{"rendered":"


\nThe supply for luxury homes in Hong Kong\u2019s ultra-exclusive neighbourhood of The Peak is likely to hit 404,000 sq ft in 2024, the highest level since 2016, after demand boosted sales of mansions and high-end flats in the district by more than double to HK$12.8 billion (US$1.6 billion) in the 12-month period ending in June, according to Colliers.\u201cWe have seen more transactions in the second half of 2020 to the first half of 2021 despite the [coronavirus] pandemic, as prices have become more\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s supply of luxury homes to hit new high after demand from wealthy buyers more than doubles amid Covid-19<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The supply for luxury homes in Hong Kong\u2019s ultra-exclusive neighbourhood of The Peak is likely...<\/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-121597","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-vDf","jetpack-related-posts":[{"id":169733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-pour-us2-billion-into-hong-kong-super-luxury-homes\/","url_meta":{"origin":121597,"position":0},"title":"Mainland Chinese buyers pour US$2 billion into Hong Kong super-luxury homes","date":"January 18, 2026","format":false,"excerpt":"\r After several subdued years, 2025 marked a turning point for demand in Hong Kong\u2019s most prestigious housing enclaves, as mainland buyers streamed back into scarce ultra-luxury homes once prices stabilised and transaction momentum rolled into the new year. That shift was most visible in The Peak and Southern district\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113049,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-homes-to-see-price-declines-of-up-to-20-per-cent-next-year-amid-fewer-mainland-buyers-says-jll\/","url_meta":{"origin":121597,"position":1},"title":"Hong Kong\u2019s luxury homes to see price declines of up to 20 per cent next year amid fewer mainland buyers, says JLL","date":"December 13, 2019","format":false,"excerpt":"\r Luxury property prices in Hong Kong will decline by up to 20 per cent next year after falling 4.7 per cent in this year, as Beijing continues to maintain capital controls and China\u2019s economy feels the impact from the US-China trade war, according to international property consultancy JLL.\u201cThe economic\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120650,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taiwans-luxury-homes-may-see-demand-increase-as-wealthy-taiwanese-return-home-amid-rift-with-hong-kong\/","url_meta":{"origin":121597,"position":2},"title":"Taiwan\u2019s luxury homes may see demand increase as wealthy Taiwanese return home amid rift with Hong Kong","date":"June 1, 2021","format":false,"excerpt":"\r Taiwan\u2019s luxury property market is likely to see a mini-boom as wealthy Taiwanese living in Hong Kong head home amid a rift between the special administrative region and the self-ruled island, according to analysts.Hong Kong has suspended the operations of the Hong Kong Economic, Trade and Cultural Office (HKETCO)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109033,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-hong-kongs-luxury-homes-slips-as-trade-war-threat-of-extradition-bill-rattle-wealthy-investors\/","url_meta":{"origin":121597,"position":3},"title":"Demand for Hong Kong\u2019s luxury homes slips as trade war, threat of extradition bill rattle wealthy investors","date":"July 16, 2019","format":false,"excerpt":"\r The double whammy of the US-China trade war and the threat of a controversial extradition bill that led to weeks of mass rallies in Hong Kong has hit demand for the city\u2019s ultra-luxury homes, new figures show.Property consultancy Savills said enquiries about homes priced between HK$40,000 (US$5,111) and HK$100,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159004,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-homes-mainland-chinese-buyers-drive-us3-billion-buying-spree\/","url_meta":{"origin":121597,"position":4},"title":"Hong Kong luxury homes: mainland Chinese buyers drive US$3 billion buying spree","date":"August 11, 2025","format":false,"excerpt":"\r Hong Kong\u2019s super luxury property market has seen 35 transactions worth about HK$23 billion (US$2.93 billion) in the past 19 months, with ownership shifting from local property-industry tycoons to mainland buyers who have made their fortunes in hot industries, according to Savills. Wealthy buyers from mainland China accounted for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111792,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-home-sales-sink-to-five-year-low-in-september-as-caution-prevails-amid-protests\/","url_meta":{"origin":121597,"position":5},"title":"Hong Kong\u2019s luxury home sales sink to five-year low in September as caution prevails amid protests","date":"October 22, 2019","format":false,"excerpt":"\r Sales of luxury homes fell to a five-year low last month as Hong Kong\u2019s property market continued to reel from the ongoing civil unrest, extending a decline that started in June.Only 93 new and used homes worth more than HK$20 million (US$2.55 million) each were sold, totalling HK$4.68 billion\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\/121597"}],"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=121597"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121597\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}