{"id":122120,"date":"2021-09-21T11:00:14","date_gmt":"2021-09-21T04:00:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-hong-kongs-luxury-property-market-adapted-to-covid-19-and-re-emerged-as-an-attractive-asset-class-in-2021\/"},"modified":"2021-09-21T12:08:26","modified_gmt":"2021-09-21T05:08:26","slug":"how-hong-kongs-luxury-property-market-adapted-to-covid-19-and-re-emerged-as-an-attractive-asset-class-in-2021","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-hong-kongs-luxury-property-market-adapted-to-covid-19-and-re-emerged-as-an-attractive-asset-class-in-2021\/","title":{"rendered":"How Hong Kong\u2019s luxury property market adapted to Covid-19 and re-emerged as an attractive asset class in 2021"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s ever resilient property market is having a fruitful 2021 so far. Unprecedented confidence has returned to the market, and sales figures are topping 6,500 per month \u2013 not bad for a market that was wracked by uncertainty just 12 months ago. A new MTR line, Tuen Ma, and surprising economic numbers have pushed values in the mass sector up 3 per cent as of July, and 3.9 per cent at the luxury end of the market, according to JLL.The luxury sector has always been a singular creature:\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3149431\/how-hong-kongs-luxury-property-market-adapted-covid-19-and-re-emerged?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">How Hong Kong\u2019s luxury property market adapted to Covid-19 and re-emerged as an attractive asset class in 2021<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s ever resilient property market is having a fruitful 2021 so far. Unprecedented confidence&#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-122120","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-vLG","jetpack-related-posts":[{"id":125813,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-home-rents-may-fall-by-up-to-15-per-cent-as-hong-kongs-strict-zero-covid-policy-sends-expats-packing\/","url_meta":{"origin":122120,"position":0},"title":"Luxury home rents \u2018may fall by up to 15 per cent\u2019 as Hong Kong\u2019s strict zero-Covid policy sends expats packing","date":"April 14, 2022","format":false,"excerpt":"\r Luxury home rents may fall by as much as 15 per cent this year as expatriates keen to escape the city\u2019s strict zero-Covid-19 policy continue to leave in droves, said analysts.\r \r Source : South China Morning Post\r Read more...Luxury home rents \u2018may fall by up to 15 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121855,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worst-is-over-for-hong-kongs-luxury-home-rental-sector-as-local-demand-fills-flats-vacated-by-expats-says-shkp-unit\/","url_meta":{"origin":122120,"position":1},"title":"Worst is over for Hong Kong\u2019s luxury home rental sector as local demand fills flats vacated by expats, says SHKP unit","date":"September 7, 2021","format":false,"excerpt":"\r The worst is over for Hong Kong\u2019s high-end home rentals sector, as local demand has gradually filled up the empty flats left behind by expatriates, according to the luxury residential leasing arm of Sun Hung Kai Properties (SHKP).Luxury home rents have dropped by 16 per cent in the last\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-more-expats-flock-to-hong-kong-luxury-home-rents-poised-for-further-upswing\/","url_meta":{"origin":122120,"position":2},"title":"As more expats flock to Hong Kong, luxury home rents poised for further upswing","date":"August 26, 2026","format":false,"excerpt":"\r Hong Kong\u2019s growing number of expatriates is boosting the city\u2019s residential property leasing market with luxury rents likely to rise by about 5 per cent this year and continue their upswing in 2027, according to property consultancy JLL. The private residential rental index by the Rating and Valuation Department\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117678,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tsim-sha-tsui-now-hong-kongs-most-expensive-retail-area-with-causeway-bay-luxury-sales-hit\/","url_meta":{"origin":122120,"position":3},"title":"Tsim Sha Tsui now Hong Kong\u2019s most expensive retail area, with Causeway Bay luxury sales hit","date":"July 9, 2020","format":false,"excerpt":"\r Tsim Sha Tsui, located on the tip of Kowloon peninsula, has emerged as Hong Kong\u2019s most expensive retail neighbourhood for the first time in its history. Causeway Bay, which had held the accolade until now, has been hit harder by sluggish luxury goods sales.Tsim Sha Tsui, which is home\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106353,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-executive-centre-finds-a-market-with-in-house-baristas-plush-sofas-in-the-luxury-niche-of-hong-kongs-co-working-space\/","url_meta":{"origin":122120,"position":4},"title":"The Executive Centre finds a market with in-house baristas, plush sofas in the luxury niche of Hong Kong\u2019s co-working space","date":"April 23, 2019","format":false,"excerpt":"\r Office space operator The Executive Centre (TEC) believes that it has found a market in the luxury niche of Hong Kong\u2019s growing number of co-working space operators, as a strategy to survive the overcrowded market.\r\r\u201cI think of [the co-working sector] as the economy class of a flight,\u201d said TEC\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121597,"url":"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\/","url_meta":{"origin":122120,"position":5},"title":"Hong Kong\u2019s supply of luxury homes to hit new high after demand from wealthy buyers more than doubles amid Covid-19","date":"August 23, 2021","format":false,"excerpt":"\r The 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\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\/122120"}],"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=122120"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122120\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}