{"id":125725,"date":"2022-04-05T07:30:15","date_gmt":"2022-04-05T00:30:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-deals-hit-a-26-month-low-in-march-are-expected-to-bounce-back-in-april-as-fifth-covid-19-wave-recedes\/"},"modified":"2022-04-05T08:24:09","modified_gmt":"2022-04-05T01:24:09","slug":"hong-kongs-housing-deals-hit-a-26-month-low-in-march-are-expected-to-bounce-back-in-april-as-fifth-covid-19-wave-recedes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-deals-hit-a-26-month-low-in-march-are-expected-to-bounce-back-in-april-as-fifth-covid-19-wave-recedes\/","title":{"rendered":"Hong Kong\u2019s housing deals hit a 26-month low in March, are expected to bounce back in April as fifth Covid-19 wave recedes"},"content":{"rendered":"


\nHousing transactions in Hong Kong hit a 26-month low in March because of higher borrowing costs and a devastating fifth wave of the coronavirus pandemic. In fact, the city\u2019s total number of transactions including those involving homes, shops, industrial units and car parking spaces also hit a 26-month low in March. This number dropped to 3,828 deals valued at HK$34.8 billion (US$4.4 billion) last month, representing a month-on-month decline of 3.4 per cent, according to Midland Realty data. \u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s housing deals hit a 26-month low in March, are expected to bounce back in April as fifth Covid-19 wave recedes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Housing transactions in Hong Kong hit a 26-month low in March because of higher borrowing...<\/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-125725","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-wHP","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":125725,"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":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":125725,"position":1},"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":158652,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-residential-property-transactions-fall-in-july-from-june\/","url_meta":{"origin":125725,"position":2},"title":"Hong Kong\u2019s residential property transactions fall in July from June","date":"August 4, 2025","format":false,"excerpt":"\r Residential property transactions in Hong Kong fell in July after hitting a seven-month high in June, though activity remains steady, with analysts expecting a rebound in the second half of this year. Overall property deals in July \u2013 covering homes, office units, shops, industrial premises and car parking slots\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123659,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blackstone-silkroad-turn-hong-kongs-industrial-property-into-a-hotspot-with-54-per-cent-jump-in-investment\/","url_meta":{"origin":125725,"position":3},"title":"Blackstone, SilkRoad turn Hong Kong\u2019s industrial property into a hotspot with 54 per cent jump in investment","date":"December 7, 2021","format":false,"excerpt":"\r Global institutional funds have stepped up their purchases of industrial property in Hong Kong this year by 54 per cent, as Covid-19 continues to support bullish demand for data-centre and cold-storage facilities.They spent HK$17.3 billion (US$2.2 billion) or 61 per cent of total transactions of such assets so far\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124697,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-used-home-prices-drop-by-most-in-23-months-as-owners-discount-their-flats-to-flee-covid-19-fifth-wave\/","url_meta":{"origin":125725,"position":4},"title":"Hong Kong\u2019s used home prices drop by most in 23 months as owners discount their flats to flee Covid-19 fifth wave","date":"February 24, 2022","format":false,"excerpt":"\r Hong Kong\u2019s lived-in home prices suffered their biggest drop in almost two years as the fifth wave of Covid-19 prompted anxious owners to offload their flats at steeper discounts.Prices fell 1.14 per cent to 388.9 in January, according to an index published by the Rating and Valuation Department on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-deals-expected-to-fall-10-per-cent-in-august-with-second-hand-home-sales-plunging-by-a-fifth-as-covid-19-risk-rattles-buyers-sellers\/","url_meta":{"origin":125725,"position":5},"title":"Hong Kong property deals expected to fall 10 per cent in August, with second-hand home sales plunging by a fifth, as Covid-19 risk rattles buyers, sellers","date":"August 3, 2020","format":false,"excerpt":"\r Property transactions in Hong Kong may drop by about a 10th in August, with second-hand home sales leading the way with a 20 per cent plunge, as a third wave of Covid-19 infections deters buyers, according to real estate analysts.The total number of deals \u2013 new and lived-in homes,\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\/125725"}],"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=125725"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125725\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=125725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=125725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=125725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}