{"id":124034,"date":"2021-12-31T16:05:55","date_gmt":"2021-12-31T09:05:55","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-blight-of-nano-flats-will-withstand-minimum-size-rule-as-affordability-remains-the-top-barrier-in-the-worlds-priciest-city\/"},"modified":"2021-12-31T17:08:51","modified_gmt":"2021-12-31T10:08:51","slug":"hong-kongs-blight-of-nano-flats-will-withstand-minimum-size-rule-as-affordability-remains-the-top-barrier-in-the-worlds-priciest-city","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-blight-of-nano-flats-will-withstand-minimum-size-rule-as-affordability-remains-the-top-barrier-in-the-worlds-priciest-city\/","title":{"rendered":"Hong Kong\u2019s blight of nano flats will withstand minimum-size rule as affordability remains the top barrier in the world\u2019s priciest city"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s notoriously tiny flats are likely to endure and withstand the minimum size ordered by the city authorities, as affordability remains the biggest challenge for many first-home buyers struggling to get on the first rung of the property ladder.The 280-square feet (26 square metres) minimum stipulated this week on new projects built on government land would wipe out many flats priced below HK$6 million (US$769,400), which are eligible for up to 90 per cent mortgage financing, pushing\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3161704\/hong-kongs-blight-nano-flats-will-withstand-minimum-size-rule?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong\u2019s blight of nano flats will withstand minimum-size rule as affordability remains the top barrier in the world\u2019s priciest city<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s notoriously tiny flats are likely to endure and withstand the minimum size ordered&#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-124034","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-wgy","jetpack-related-posts":[{"id":127673,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-nano-flats-does-falling-demand-point-to-the-end-of-container-size-abodes\/","url_meta":{"origin":124034,"position":0},"title":"Hong Kong\u2019s nano flats: does falling demand point to the end of container-size abodes?","date":"July 12, 2022","format":false,"excerpt":"\r Divergent responses to recent property launches suggest buyers in Hong Kong have started preferring larger flats, following a relaxation of mortgage rules and as the market remains soft.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s nano flats: does falling demand point to the end of container-size\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123957,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/2022-property-outlook-super-size-mansions-nano-flats-and-home-offices-round-out-the-most-important-trends-in-hong-kongs-housing-market\/","url_meta":{"origin":124034,"position":1},"title":"2022 property outlook: Super-size mansions, nano flats, and home offices round out the most important trends in Hong Kong\u2019s housing market","date":"December 24, 2021","format":false,"excerpt":"\r Hong Kong\u2019s transactions of new residential property may rise 15 per cent next year as buyers continue their demand in every segment of the market from 138-square foot micro-apartments to 4,500-sq ft mansions on The Peak, according to one of the city\u2019s largest real estate agencies.Up to HK$280 billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-mania-inflates-prices-of-even-the-tiniest-flats-putting-affordability-beyond-reach-for-most-first-time-buyers\/","url_meta":{"origin":124034,"position":2},"title":"Hong Kong\u2019s property mania inflates prices of even the tiniest flats, putting affordability beyond reach for most first-time buyers","date":"October 19, 2021","format":false,"excerpt":"\r A real estate bull market in Hong Kong, the world\u2019s most expensive major city for 10 consecutive years until 2019, has trickled over to inflate the prices of even the smallest habitable homes.The average cost of new micro-apartments, or flats smaller than 200 square feet (18.6 square metres), rose\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124024,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-sets-minimum-size-of-280-square-feet-for-flats-increases-land-supply-in-bid-to-tame-sky-high-house-prices\/","url_meta":{"origin":124034,"position":3},"title":"Hong Kong government sets minimum size of 280 square feet for flats, increases land supply in bid to tame sky-high house prices","date":"December 30, 2021","format":false,"excerpt":"\r Hong Kong\u2019s government set a larger-than-expected minimum size for the city\u2019s new homes and increased the supply of residential land to a four-year high, as the authorities announced a new housing strategy to tackle one of the most intractable socioeconomic issues in the world\u2019s least affordable city.The tiniest living\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hendersons-mong-kok-launch-gets-strong-response-as-hong-kongs-property-sales-keep-pace\/","url_meta":{"origin":124034,"position":4},"title":"Henderson\u2019s Mong Kok launch gets strong response as Hong Kong\u2019s property sales keep pace","date":"June 9, 2018","format":false,"excerpt":"\r Hong Kong homebuyers rushed to buy small flats that kicked off sales over the weekend, underscoring insatiable demand in the world\u2019s priciest property market even as signs of overheating are almost ubiquitous. At Henderson Land Development\u2019s Cetus.Square Mile project in Mong Kok, about 50 per cent of the 180\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mtr-draws-11-bids-for-the-priciest-land-plot-in-lohas-park-as-the-return-of-hong-kongs-property-market-bull-run-lifts-confidence\/","url_meta":{"origin":124034,"position":5},"title":"MTR draws 11 bids for the priciest land plot in Lohas Park as the return of Hong Kong\u2019s property market bull run lifts confidence","date":"April 24, 2019","format":false,"excerpt":"\r Lohas Park has drawn 11 bids for the latest phase of its residential development in the New Territories, as developers vie for the land parcel near the sole shopping centre in Hong Kong\u2019s largest residential community.Eleven bids were submitted for the plot, which can accommodate up to 1,850 homes\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\/124034"}],"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=124034"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124034\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}