{"id":124482,"date":"2022-02-06T10:30:17","date_gmt":"2022-02-06T03:30:17","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-market-sinks-to-17-month-low-in-january-as-omicron-wreaks-havoc-with-deals\/"},"modified":"2022-02-06T11:08:09","modified_gmt":"2022-02-06T04:08:09","slug":"hong-kongs-property-market-sinks-to-17-month-low-in-january-as-omicron-wreaks-havoc-with-deals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-market-sinks-to-17-month-low-in-january-as-omicron-wreaks-havoc-with-deals\/","title":{"rendered":"Hong Kong\u2019s property market sinks to 17-month low in January as Omicron wreaks havoc with deals"},"content":{"rendered":"


\nHong Kong\u2019s property market is expected to see even fewer deals in the coming month amid a fifth coronavirus outbreak linked to the Omicron strain, with the overall number of deals in the city sinking to a 17-month low in January.The overall number of transactions, including residential, commercial and industrial properties, as well as parking spaces, came in at 5,894 in January, down 16.7 per cent month-on-month, according to data from Centaline Property Agency.\u201cThe lower figures reflect the\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s property market sinks to 17-month low in January as Omicron wreaks havoc with deals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s property market is expected to see even fewer deals in the coming month...<\/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-124482","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-wnM","jetpack-related-posts":[{"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":124482,"position":0},"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":[]},{"id":126259,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-sector-is-waiting-for-a-recovery-that-never-comes\/","url_meta":{"origin":124482,"position":1},"title":"Hong Kong\u2019s property sector is waiting for a recovery that never comes","date":"May 2, 2022","format":false,"excerpt":"\r Recovery has been in view for some time, but unexpected shocks like Omicron and a rise in interest rates have kept it just out of reach. What Hong Kong\u2019s property sector needs most right now is a sustained period of stability that allows recovery to take hold.\r \r Source\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124379,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-tycoon-ronnie-chan-urges-hong-kong-government-to-rethink-tough-covid-19-stance\/","url_meta":{"origin":124482,"position":2},"title":"Property tycoon Ronnie Chan urges Hong Kong government to rethink tough Covid-19 stance","date":"January 27, 2022","format":false,"excerpt":"\r Property tycoon Ronnie Chan has urged the government to rethink Hong Kong\u2019s tough stance on Covid-19 as the highly infectious Omicron variant appears to produce milder symptoms than its counterparts.The billionaire chairman of Hang Lung Properties said the city\u2019s measures, which include strict social distancing rules and a lengthy\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121229,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-overall-property-deals-to-take-a-breather-after-coming-within-touching-distance-in-july-of-pre-protests-high\/","url_meta":{"origin":124482,"position":3},"title":"Hong Kong\u2019s overall property deals to take a breather after coming within touching distance in July of pre-protests high","date":"August 3, 2021","format":false,"excerpt":"\r Hong Kong\u2019s overall property transactions are expected to take a breather this month after rising to a 26-month high in July, close to levels seen before the city\u2019s anti-government protests broke out in June 2019, thanks to a recovery in the economy and the coronavirus pandemic stabilising locally.The overall\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120766,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-real-estate-deals-jump-to-24-year-high-in-first-half-buoyed-by-upbeat-economic-sentiment\/","url_meta":{"origin":124482,"position":4},"title":"Hong Kong\u2019s real estate deals jump to 24-year high in first half buoyed by upbeat economic sentiment","date":"July 2, 2021","format":false,"excerpt":"\r Hong Kong\u2019s real estate market is gathering steam. Total transactions in Hong Kong\u2019s property sector surged to a 24-year high in the first half, led by a bounce in residential assets, as investors piled into the market amid the economic recovery.The overall volume, including homes, commercial and industrial properties\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125714,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mall-operators-target-shoppers-after-government-announces-distribution-of-us638-consumption-vouchers\/","url_meta":{"origin":124482,"position":5},"title":"Hong Kong mall operators target shoppers after government announces distribution of US$638 consumption vouchers","date":"April 3, 2022","format":false,"excerpt":"\r Hong Kong\u2019s major mall operators are tempting shoppers with an array of promotions, including discounts of up 70 per cent, after the government announced it would distribute consumption vouchers from Thursday. The battered retail market is expected to receive a much-needed boost, which has suffered since January because of\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\/124482"}],"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=124482"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124482\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}