{"id":138576,"date":"2023-08-01T08:30:08","date_gmt":"2023-08-01T01:30:08","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homeowners-slash-prices-as-they-race-to-sell-before-property-values-fall-further\/"},"modified":"2023-08-01T08:38:40","modified_gmt":"2023-08-01T01:38:40","slug":"hong-kong-homeowners-slash-prices-as-they-race-to-sell-before-property-values-fall-further","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homeowners-slash-prices-as-they-race-to-sell-before-property-values-fall-further\/","title":{"rendered":"Hong Kong homeowners slash prices as they race to sell before property values fall further"},"content":{"rendered":"


\nThe 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.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong homeowners slash prices as they race to sell before property values fall further<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The city\u2019s homeowners, under pressure from rising interest rates and a supply glut, are offering...<\/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-138576","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-A36","jetpack-related-posts":[{"id":98682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-slash-prices-by-up-to-16-per-cent-as-fear-grips-hong-kong-in-wake-of-prime-rate-hike\/","url_meta":{"origin":138576,"position":0},"title":"Homeowners slash prices by up to 16 per cent as \u2018fear\u2019 grips Hong Kong in wake of prime rate hike","date":"September 27, 2018","format":false,"excerpt":"\r Fears of a drop in home prices are growing in the world\u2019s least affordable housing market as at least five homes were unloaded at discounts of up to 16 per cent on Thursday, following higher mortgage lending rates unveiled by 11 local banks. In anticipation of higher prime lending\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":138576,"position":1},"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":111287,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-desperate-homeowners-slash-prices-by-20-per-cent-after-unprecedented-violence-on-national-day\/","url_meta":{"origin":138576,"position":2},"title":"Hong Kong\u2019s desperate homeowners slash prices by 20 per cent after unprecedented violence on National Day","date":"October 3, 2019","format":false,"excerpt":"\r There are signs of further softening in Hong Kong\u2019s property market. Homeowners are slashing prices by more than 20 per cent as buyers are reluctant to commit to big purchases and banks reduce the valuation of properties amid increasingly violent protests.On Tuesday, an 18-year-old student was shot by police\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132492,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bad-news-hong-kong-homeowners-looking-to-sell-may-have-missed-window-as-price-decline-set-to-deepen\/","url_meta":{"origin":138576,"position":3},"title":"Bad news: Hong Kong homeowners looking to sell may have missed window as price decline set to deepen","date":"December 4, 2022","format":false,"excerpt":"\r Homeowners in Hong Kong looking to sell have missed the window for striking a favourable deal, analysts said, as they expect prices to continue to slump after touching the lowest level in five years.\r \r Source : South China Morning Post\r Read more...Bad news: Hong Kong homeowners looking to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125925,"url":"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\/","url_meta":{"origin":138576,"position":4},"title":"Hong Kong home prices fall to the lowest level since January 2021 as distressed owners slash prices, sell at a loss","date":"April 27, 2022","format":false,"excerpt":"\r The 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.\r \r Source : South China Morning Post\r Read more...Hong Kong home prices fall to the lowest level since\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":138576,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138576"}],"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=138576"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138576\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}