{"id":121643,"date":"2021-08-25T07:30:13","date_gmt":"2021-08-25T00:30:13","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-launches-prevent-hong-kongs-housing-estates-from-breaking-price-records-as-property-supply-glut-lingers\/"},"modified":"2021-08-25T09:04:33","modified_gmt":"2021-08-25T02:04:33","slug":"new-launches-prevent-hong-kongs-housing-estates-from-breaking-price-records-as-property-supply-glut-lingers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-launches-prevent-hong-kongs-housing-estates-from-breaking-price-records-as-property-supply-glut-lingers\/","title":{"rendered":"New launches prevent Hong Kong\u2019s housing estates from breaking price records as property supply glut lingers"},"content":{"rendered":"<p>&#013;<br \/>\nClose to 80 housing estates across Hong Kong are still priced below their peaks, even though the city\u2019s overall lived-in home prices recently soared to a new record.Some of the developments have seen units changing hands for less than three quarters of their previous peaks reached two or three years ago.Of the 133 major housing estates tracked by Centaline Property Agency, 77 are yet to scale new heights in terms of average price this year. Residence Bel-Air in the Southern district was the\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3146132\/new-launches-prevent-hong-kongs-housing-estates-breaking-price-records?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">New launches prevent Hong Kong\u2019s housing estates from breaking price records as property supply glut lingers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Close to 80 housing estates across Hong Kong are still priced below their peaks, even&#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-121643","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-vDZ","jetpack-related-posts":[{"id":106157,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-pre-owned-housing-market-rips-higher-as-analysts-warn-of-pause-ahead\/","url_meta":{"origin":121643,"position":0},"title":"Hong Kong\u2019s pre-owned housing market rips higher, as analysts warn of pause ahead","date":"April 17, 2019","format":false,"excerpt":"\r The recent uptick in the secondary market where buyers kept snapping up homes costing less than HK$6 million (US$765,267) in major estates is expected to take a breather in coming weeks as prices near their previous peaks, analysts said.\u201cThe recent rise in home prices has been quite fast, accumulating\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114045,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flat-viewings-dwindle-transaction-volume-slumps-as-coronavirus-infects-some-residents-in-hong-kong-housing-estates\/","url_meta":{"origin":121643,"position":1},"title":"Flat viewings dwindle, transaction volume slumps as coronavirus infects some residents in Hong Kong housing estates","date":"February 4, 2020","format":false,"excerpt":"\r The coronavirus outbreak is hurting Hong Kong\u2019s residential property market as flat viewings dwindle and transaction volume shrinks in private housing estates where some infected residents were detected by health authorities.The pain is being felt amid scenes of city residents making a beeline for face masks at local pharmacies\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":121643,"position":2},"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":120145,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-funds-chase-retail-assets-in-housing-estates-as-they-offer-better-value-compared-to-prime-streets\/","url_meta":{"origin":121643,"position":3},"title":"Foreign funds chase retail assets in housing estates as they offer better value compared to prime streets","date":"February 3, 2021","format":false,"excerpt":"\r Overseas institutional investors are focusing on acquiring retail properties in Hong Kong\u2019s major housing estates, as they expect businesses catering to local communities to stay resilient compared to the uncertain outlook for retailers in the tourist belts, according to property consultants.\u201cSmart money from the US and Middle Eastern sovereign\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96938,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expect-home-price-deflation-of-5-per-cent-among-major-hong-kong-housing-estates-in-latest-quarterly-data-midland-says\/","url_meta":{"origin":121643,"position":4},"title":"Expect home price deflation of 5 per cent among major Hong Kong housing estates in latest quarterly data, Midland says","date":"August 30, 2018","format":false,"excerpt":"\r Home prices at major housing estates are on track for a 5 per cent decline in the current quarter, reversing a rising trend that had seen prices gap up by double digits in the first half of the year, according to Midland Holdings, the city\u2019s only listed property agency.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40189,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-rises-of-major-new-hong-kong-housing-estates-expected-to-slow-in-2017-say-agents\/","url_meta":{"origin":121643,"position":5},"title":"Prices rises of major new Hong Kong housing estates expected to slow in 2017, say agents","date":"January 10, 2017","format":false,"excerpt":"\r Rising prices at major housing estates in Hong Kong may slow in 2017, as the supply of new flats coming to onto the market reaches its highest level since 2004. A crop of ongoing residential projects \u2013 including Kingswood Villa in Tin Shui Wai, Sha Tin City One in\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\/121643"}],"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=121643"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121643\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}