{"id":125925,"date":"2022-04-27T15:42:20","date_gmt":"2022-04-27T08:42:20","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-fall-to-the-lowest-level-since-january-2021-as-distressed-owners-slash-prices-sell-at-a-loss\/"},"modified":"2022-04-27T16:28:42","modified_gmt":"2022-04-27T09:28:42","slug":"hong-kong-home-prices-fall-to-the-lowest-level-since-january-2021-as-distressed-owners-slash-prices-sell-at-a-loss","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-fall-to-the-lowest-level-since-january-2021-as-distressed-owners-slash-prices-sell-at-a-loss\/","title":{"rendered":"Hong Kong home prices fall to the lowest level since January 2021 as distressed owners slash prices, sell at a loss"},"content":{"rendered":"


\nThe fifth wave of the coronavirus outbreak has had a devastating impact on property prices in the city, wiping out last year\u2019s entire 3.2 per cent gain in the first quarter.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong home prices fall to the lowest level since January 2021 as distressed owners slash prices, sell at a loss<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The fifth wave of the coronavirus outbreak has had a devastating impact on property prices...<\/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-125925","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-wL3","jetpack-related-posts":[{"id":1445,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-a-buyers-market-as-hong-kong-flat-owners-slash-prices-to-secure-sales\/","url_meta":{"origin":125925,"position":0},"title":"It\u2019s a buyers\u2019 market as Hong Kong flat owners slash prices to secure sales","date":"January 13, 2016","format":false,"excerpt":"\r Plagued by weakening market sentiment, rising interest rates and a slowing economy, flat owners in Hong Kong are feeling compelled to slash prices to attract buyers, pushing secondary home prices down for four straight months.\r \r Source : South China Morning Post\r Read more...It\u2019s a buyers\u2019 market as Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-stamp-duties-interest-rates-will-not-increase-distressed-property-asset-sales-in-hong-kong-analysts-say\/","url_meta":{"origin":125925,"position":1},"title":"Higher stamp duties, interest rates will not increase \u2018distressed\u2019 property asset sales in Hong Kong, analysts say","date":"December 12, 2016","format":false,"excerpt":"\r The number of distressed property assets in Hong Kong will remain low, despite the recent stamp duty hike and likely interest rate rise later this week, analysts say. Distressed assets \u2013 those that owners are forced to sell at lower-than-market prices for reasons such as bankruptcy or debt \u2013\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103737,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-used-homes-in-hong-kong-gain-momentum-as-owners-slash-prices\/","url_meta":{"origin":125925,"position":2},"title":"Sales of used homes in Hong Kong gain momentum as owners slash prices","date":"February 7, 2019","format":false,"excerpt":"\r Sales of used homes on big housing estates in Hong Kong gained momentum last week as homeowners offered greater discounts and investment banks forecast house prices would hit a nadir in March. The number of transactions at 50 major housing estates, tracked by Ricacorp Properties, stayed above 100 for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138576,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homeowners-slash-prices-as-they-race-to-sell-before-property-values-fall-further\/","url_meta":{"origin":125925,"position":3},"title":"Hong Kong homeowners slash prices as they race to sell before property values fall further","date":"August 1, 2023","format":false,"excerpt":"\r The city\u2019s homeowners, under pressure from rising interest rates and a supply glut, are offering steep discounts as they race to offload their properties quickly before the market falls further.\r \r Source : South China Morning Post\r Read more...Hong Kong homeowners slash prices as they race to sell before\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108314,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-slash-home-prices-by-up-to-20-per-cent-to-kick-some-tempo-back-into-the-downbeat-property-market\/","url_meta":{"origin":125925,"position":4},"title":"Hong Kong developers slash home prices by up to 20 per cent to kick some tempo back into the downbeat property market","date":"June 21, 2019","format":false,"excerpt":"\r Hong Kong developers, taking advantage of the calm that has returned to the city, on Thursday launched projects at prices that undercut rivals by up to 20 per cent, hoping to attract buyers who have adopted a cautious approach.Wing Tai Properties said it would sell flats at OMA OMA\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shop-owners-willing-to-sell-even-if-it-means-incurring-a-loss-of-hk6-million\/","url_meta":{"origin":125925,"position":5},"title":"Hong Kong shop owners willing to sell even if it means incurring a loss of HK$6 million","date":"November 17, 2019","format":false,"excerpt":"\r As the social unrest in Hong Kong shows no signs of abating, retail property owners are either selling high street shops at losses of nearly 50 per cent or offering massive discounts on rents, with market observers expecting the number of sales transactions to sink to an all-time low.\u201cShop\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\/125925"}],"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=125925"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125925\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=125925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=125925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=125925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}