{"id":124503,"date":"2022-02-08T07:30:22","date_gmt":"2022-02-08T00:30:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-lived-in-homes-see-valuations-drop-as-fifth-covid-19-wave-takes-hold\/"},"modified":"2022-02-08T08:09:54","modified_gmt":"2022-02-08T01:09:54","slug":"hong-kong-lived-in-homes-see-valuations-drop-as-fifth-covid-19-wave-takes-hold","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-lived-in-homes-see-valuations-drop-as-fifth-covid-19-wave-takes-hold\/","title":{"rendered":"Hong Kong lived-in homes see valuations drop as fifth Covid-19 wave takes hold"},"content":{"rendered":"


\nThe 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 cent next month, with midscale estates like Kornhill Garden and Taikoo Shing expected to bear the brunt.\u201cThe valuations will head south in February, as home prices in late January dropped and may be down this month too,\u201d\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong lived-in homes see valuations drop as fifth Covid-19 wave takes hold<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The valuations of Hong Kong\u2019s lived-in homes are expected to head south as a fifth...<\/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-124503","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-wo7","jetpack-related-posts":[{"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":124503,"position":0},"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":118560,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-picks-up-us-governments-hong-kong-mansions-for-hk2-56-billion-a-20-per-cent-discount-to-valuations\/","url_meta":{"origin":124503,"position":1},"title":"Hang Lung picks up US government\u2019s Hong Kong mansions for HK$2.56 billion, a 20 per cent discount to valuations","date":"September 10, 2020","format":false,"excerpt":"\r Hang Lung Properties, led by a billionaire developer who frequently calls for dialogue between the United States and China, has stepped in to pick up the US government\u2019s residential real estate asset in Hong Kong for a discount, just as US-China relations deteriorated to their worst in decades.The Hong\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":124503,"position":2},"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":123438,"url":"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\/","url_meta":{"origin":124503,"position":3},"title":"Hong Kong\u2019s secondary home prices fall by the most in 14 months in October as banks turn cautious on valuations","date":"November 26, 2021","format":false,"excerpt":"\r Hong 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brace-for-a-20-per-cent-decline-in-hong-kong-home-prices-says-senior-director-of-ck-asset\/","url_meta":{"origin":124503,"position":4},"title":"Brace for a 20 per cent decline in Hong Kong home prices, says senior director of CK Asset","date":"February 13, 2019","format":false,"excerpt":"\r Hong Kong home prices could be headed for a multi-year downtrend that knock valuations by up to 20 per cent, prompting major developers to slash prices for new homes along with the sliding market, according to a senior executive at CK Asset Holdings, the second largest developer in Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/valuations-in-china-and-hong-kong-look-fairly-decent-investor\/","url_meta":{"origin":124503,"position":5},"title":"Valuations in China and Hong Kong look 'fairly decent': Investor","date":"June 13, 2019","format":false,"excerpt":"\r Binay Chandgothia of Principal Global Investors says he would start looking to add exposure to stocks in Hong Kong and China as they sell off more. He says the markets could fall up to 10 percent further in the worst case.\r \r Source : cnbc.com\r Read more...Valuations in China\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\/124503"}],"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=124503"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124503\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}