{"id":125213,"date":"2022-03-14T10:40:18","date_gmt":"2022-03-14T03:40:18","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-analysts-reverse-bullish-forecasts-in-u-turn-for-property-market-as-home-sales-plunge-to-near-zero-amid-worsening-covid-19-outbreak\/"},"modified":"2022-03-14T12:03:18","modified_gmt":"2022-03-14T05:03:18","slug":"hong-kong-analysts-reverse-bullish-forecasts-in-u-turn-for-property-market-as-home-sales-plunge-to-near-zero-amid-worsening-covid-19-outbreak","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-analysts-reverse-bullish-forecasts-in-u-turn-for-property-market-as-home-sales-plunge-to-near-zero-amid-worsening-covid-19-outbreak\/","title":{"rendered":"Hong Kong analysts reverse bullish forecasts in U-turn for property market as home sales plunge to near zero amid worsening Covid-19 outbreak"},"content":{"rendered":"


\nHong Kong\u2019s home prices could drop 10 per cent in the first half, as the city\u2019s worsening Covid-19 outbreak caused the first three months to be a washout for property sales, forcing analysts to reverse their forecasts.Home prices may fall by 5 per cent in 2022, according to the property consultant Colliers, as it reversed its earlier forecast of a 3-per cent gain in mass-market homes, and a 5-per cent increase in the luxury market.Collier\u2019s reversal is the most dramatic change among four\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong analysts reverse bullish forecasts in U-turn for property market as home sales plunge to near zero amid worsening Covid-19 outbreak<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s home prices could drop 10 per cent in the first half, as the...<\/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-125213","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-wzz","jetpack-related-posts":[{"id":114375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-sales-could-sink-up-to-50-per-cent-as-city-shuts-out-chinese-visitors-amid-coronavirus-outbreak\/","url_meta":{"origin":125213,"position":0},"title":"Hong Kong\u2019s retail sales could sink up to 50 per cent as city shuts out Chinese visitors amid coronavirus outbreak","date":"February 19, 2020","format":false,"excerpt":"\r Retail sales in Hong Kong could plunge by as much as half, as most of the city\u2019s borders with China remain shut amid the Covid-19 outbreak and its impact could be more severe on the sector than the months-long social unrest, according to the CEO of Sunlight Real Estate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-hottest-real-estate-market-freezes-over-as-february-home-sales-plunge-80-per-cent-amid-a-dearth-of-transactions-during-coronavirus-outbreak\/","url_meta":{"origin":125213,"position":1},"title":"China\u2019s hottest real estate market freezes over as February home sales plunge 80 per cent amid a dearth of transactions during coronavirus outbreak","date":"March 3, 2020","format":false,"excerpt":"\r Shenzhen, mainland China\u2019s hottest property market last year, has seen an 80 per cent decline in home sales amid the coronavirus epidemic, Hong Kong brokerage Midland Realty said.The technology hub reported 1,667 sales of lived-in homes last month, down from 7,499 units and 10,000 units sold in January and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-rents-might-need-to-be-halved-for-tenants-landlords-to-survive-coronavirus-outbreak-developer-says\/","url_meta":{"origin":125213,"position":2},"title":"Hong Kong retail rents might need to be halved for tenants, landlords to survive coronavirus outbreak, developer says","date":"April 3, 2020","format":false,"excerpt":"\r Hong Kong\u2019s retail landlords might have to cut rents by 50 per cent to attract new tenants amid a worsening outbreak of the novel coronavirus, one of the city\u2019s richest developers said.\u201cFor these few months, you\u2019ll probably see a 50 per cent cut in rents for the retail sector,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103467,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jp-morgan-goes-bullish-on-hong-kong-home-prices-expecting-gains-of-up-to-7-per-cent-this-year\/","url_meta":{"origin":125213,"position":3},"title":"JP Morgan goes bullish on Hong Kong home prices, expecting gains of up to 7 per cent this year","date":"January 30, 2019","format":false,"excerpt":"\r JPMorgan has joined CLSA and Citibank in saying home prices in Hong Kong will rise from April to December under improved sentiment and continuous high liquidity, though analysts continue to caution the commercial market is likely to remain soft. Home prices were likely to rise 5 to 7 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-rise-for-13th-straight-year-with-rising-trend-likely-to-sustain-if-city-brings-fifth-wave-of-covid-19-outbreak-under-control\/","url_meta":{"origin":125213,"position":4},"title":"Hong Kong home prices rise for 13th straight year, with rising trend likely to sustain if city brings fifth wave of Covid-19 outbreak under control","date":"January 27, 2022","format":false,"excerpt":"\r Hong Kong\u2019s home prices rose for a 13th straight year in 2021 even as prices declined for a third consecutive month in December, according to an index published by the city\u2019s Rating and Valuation Department.The index for lived-in homes in December fell about 0.3 per cent to 392.5 from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-up-or-down-experts-weigh-in-with-their-forecasts-for-2025\/","url_meta":{"origin":125213,"position":5},"title":"Hong Kong home prices: up or down? Experts weigh in with their forecasts for 2025","date":"December 12, 2024","format":false,"excerpt":"\r Analysts forecast up to 5 per cent price fall or rise amid oversupply, falling interest rates and improving stock market performance.\r \r Source : South China Morning Post\r Read more...Hong Kong home prices: up or down? Experts weigh in with their forecasts for 2025","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\/125213"}],"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=125213"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125213\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=125213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=125213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=125213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}