{"id":123438,"date":"2021-11-26T16:51:46","date_gmt":"2021-11-26T09:51:46","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-secondary-home-prices-fall-by-the-most-in-14-months-in-october-as-banks-turn-cautious-on-valuations\/"},"modified":"2021-11-26T17:16:33","modified_gmt":"2021-11-26T10:16:33","slug":"hong-kongs-secondary-home-prices-fall-by-the-most-in-14-months-in-october-as-banks-turn-cautious-on-valuations","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-secondary-home-prices-fall-by-the-most-in-14-months-in-october-as-banks-turn-cautious-on-valuations\/","title":{"rendered":"Hong Kong\u2019s secondary home prices fall by the most in 14 months in October as banks turn cautious on valuations"},"content":{"rendered":"


\nHong Kong\u2019s lived-in home prices dropped by the most in 14 months in October after peaking in August, with buying sentiment cooling as banks become more cautious in valuating property.Prices fell 0.85 per cent to 394.8 last month, according to an index published by the Rating and Valuation Department on Friday.It was the sharpest drop since August 2020 when it retreated by 0.88 per cent, according to property consultancy Knight Frank. It was the second consecutive monthly decline since the\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s secondary home prices fall by the most in 14 months in October as banks turn cautious on valuations<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s lived-in home prices dropped by the most in 14 months in October after...<\/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-123438","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-w6W","jetpack-related-posts":[{"id":58054,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-rates-may-crimp-hong-kongs-second-half-home-prices-by-5-per-cent-analysts-say\/","url_meta":{"origin":123438,"position":0},"title":"Rising rates may crimp Hong Kong\u2019s second-half home prices by 5 per cent, analysts say","date":"June 16, 2017","format":false,"excerpt":"\r Hong Kong\u2019s soaring home prices will likely take a breather in the second half of this year, as buyers turn cautious in anticipation of an increase in mortgage rates, while an unusually large supply of new apartments floods the market, analysts said. The city\u2019s primary and secondary residential property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-hong-kong-banks-cut-valuation-of-used-homes-as-civic-unrest-threatens-to-knock-property-bull-run-off-its-footing\/","url_meta":{"origin":123438,"position":1},"title":"Two Hong Kong banks cut valuation of used homes as civic unrest threatens to knock property bull run off its footing","date":"July 9, 2019","format":false,"excerpt":"\r Two of Hong Kong\u2019s biggest commercial banks have cut their valuation of pre-owned homes in several housing estates in anticipation of declining prices, after the city was rocked over the past month by a record number of street protests.HSBC and Bank of China (Hong Kong), two of the city\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-secondary-home-prices-rise-for-19th-straight-month-in-october\/","url_meta":{"origin":123438,"position":2},"title":"Hong Kong secondary home prices rise for 19th straight month in October","date":"November 30, 2017","format":false,"excerpt":"\r Hong Kong\u2019s secondary home prices rose for the 19th straight month in October and at the quickest pace in three months, led by gains in small flats, government figures showed. The home price index rose 0.53 per cent to 342.4, the fastest pace of growth since July, according to\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":123438,"position":3},"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":100360,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/surveyors-cut-ho-man-tin-land-valuation-by-10-per-cent-in-another-sign-of-hong-kongs-softening-home-prices\/","url_meta":{"origin":123438,"position":4},"title":"Surveyors cut Ho Man Tin land valuation by 10 per cent in another sign of Hong Kong\u2019s softening home prices","date":"October 22, 2018","format":false,"excerpt":"\r Surveyors have cut their valuations of a residential land parcel for sale in one of Hong Kong\u2019s upmarket suburbs, another sign of softening property prices in the world\u2019s most expensive home market. The site next to the Ho Man Tin subway station - with a gross floor area of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124503,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-lived-in-homes-see-valuations-drop-as-fifth-covid-19-wave-takes-hold\/","url_meta":{"origin":123438,"position":5},"title":"Hong Kong lived-in homes see valuations drop as fifth Covid-19 wave takes hold","date":"February 8, 2022","format":false,"excerpt":"\r The valuations of Hong Kong\u2019s lived-in homes are expected to head south as a fifth Covid-19 wave linked to the Omicron variant takes hold and deals plunge because of fewer viewings, brokers said.Banks may reduce valuations by 1 to 2 per cent in February and by another 1 per\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\/123438"}],"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=123438"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123438\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}