{"id":138285,"date":"2023-07-12T07:30:07","date_gmt":"2023-07-12T00:30:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-prices-to-decline-further-amid-high-mortgage-rates-glut-of-new-units-lack-of-mainland-buyers-jll\/"},"modified":"2023-07-12T07:38:30","modified_gmt":"2023-07-12T00:38:30","slug":"hong-kongs-home-prices-to-decline-further-amid-high-mortgage-rates-glut-of-new-units-lack-of-mainland-buyers-jll","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-prices-to-decline-further-amid-high-mortgage-rates-glut-of-new-units-lack-of-mainland-buyers-jll\/","title":{"rendered":"Hong Kong\u2019s home prices to decline further amid high mortgage rates, glut of new units, lack of mainland buyers: JLL"},"content":{"rendered":"


\nMarket is having \u2018the longest price adjustment since 2008\u2019 and \u2018has not found a bottom\u2019, says JLL\u2019s Hong Kong chairman, as firm\u2019s new forecast calls for 5 to 8 per cent drop in home prices in 2023.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s home prices to decline further amid high mortgage rates, glut of new units, lack of mainland buyers: JLL<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Market is having \u2018the longest price adjustment since 2008\u2019 and \u2018has not found a bottom\u2019,...<\/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-138285","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-zYp","jetpack-related-posts":[{"id":113049,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-homes-to-see-price-declines-of-up-to-20-per-cent-next-year-amid-fewer-mainland-buyers-says-jll\/","url_meta":{"origin":138285,"position":0},"title":"Hong Kong\u2019s luxury homes to see price declines of up to 20 per cent next year amid fewer mainland buyers, says JLL","date":"December 13, 2019","format":false,"excerpt":"\r Luxury property prices in Hong Kong will decline by up to 20 per cent next year after falling 4.7 per cent in this year, as Beijing continues to maintain capital controls and China\u2019s economy feels the impact from the US-China trade war, according to international property consultancy JLL.\u201cThe economic\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166976,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-to-rise-in-2026-on-the-back-of-mainland-chinese-buyers-rate-cut\/","url_meta":{"origin":138285,"position":1},"title":"Hong Kong home prices to rise in 2026 on the back of mainland Chinese buyers, rate cut","date":"December 10, 2025","format":false,"excerpt":"\r Hong Kong home prices are likely to see up to a 5 per cent boost in 2026 on the back of mainland Chinese buyers, interest rate cuts and fewer unsold new flats, according to analysts. In addition, the stamp duty adjustment and Hong Kong\u2019s resurgent stock market were also\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143197,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-have-benefited-the-most-from-the-removal-of-hong-kongs-property-curbs-have-stepped-up-luxury-purchases-jll-says\/","url_meta":{"origin":138285,"position":2},"title":"Mainland Chinese buyers have benefited the most from the removal of Hong Kong\u2019s property curbs, have stepped up luxury purchases, JLL says","date":"March 25, 2024","format":false,"excerpt":"\r Mainland Chinese buyers are aggressively snapping up new luxury homes worth HK$30 million or more since the removal of all of Hong Kong\u2019s property curbs last month, JLL says.\r \r Source : South China Morning Post\r Read more...Mainland Chinese buyers have benefited the most from the removal of Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127052,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-interest-rates-hong-kongs-new-mortgage-borrowers-and-highly-leveraged-buyers-are-most-at-risk-in-the-property-market\/","url_meta":{"origin":138285,"position":3},"title":"Soaring interest rates: Hong Kong\u2019s new mortgage borrowers and highly leveraged buyers are most at risk in the property market","date":"June 17, 2022","format":false,"excerpt":"\r Topping off the higher rates is a bulging pipeline of new flats \u2013 estimated at 12,646 in 2022 by JLL \u2013 waiting to find buyers.\r \r Source : South China Morning Post\r Read more...Soaring interest rates: Hong Kong\u2019s new mortgage borrowers and highly leveraged buyers are most at risk\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116431,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-shun-property-sales-for-the-fourth-weekend-in-a-row-as-they-await-better-deals-amid-a-glut-of-options\/","url_meta":{"origin":138285,"position":4},"title":"Hong Kong\u2019s homebuyers shun property sales for the fourth weekend in a row as they await better deals amid a glut of options","date":"May 16, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property sales flopped for the fourth straight weekend, as homebuyers turned their backs on unsold projects to wait for better discounts, amid a real estate slump in the city\u2019s worst economic contraction in decades.Wheelock Properties sold 13 flats, or 13 per cent of the 101 units on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-buyers-to-undergird-hong-kongs-home-prices-standard-chartered-says\/","url_meta":{"origin":138285,"position":5},"title":"China buyers to undergird Hong Kong\u2019s home prices, Standard Chartered says","date":"December 21, 2016","format":false,"excerpt":"\r Hong Kong\u2019s home prices are unlikely to see significant fall amid solid demand, despite the increasing interest rates and the government\u2019s measures to curb growth, Standard Chartered says. \u201cI can\u2019t see Hong Kong\u2019s property prices falling too much considering the demand and supply, and mainland investors are still buying\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\/138285"}],"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=138285"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138285\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}