{"id":140890,"date":"2024-01-03T08:30:16","date_gmt":"2024-01-03T01:30:16","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-sink-to-33-year-low-in-2023-amid-high-interest-rates-as-sector-sees-glimmers-of-rebound-in-december\/"},"modified":"2024-01-03T08:38:27","modified_gmt":"2024-01-03T01:38:27","slug":"hong-kong-home-sales-sink-to-33-year-low-in-2023-amid-high-interest-rates-as-sector-sees-glimmers-of-rebound-in-december","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-sink-to-33-year-low-in-2023-amid-high-interest-rates-as-sector-sees-glimmers-of-rebound-in-december\/","title":{"rendered":"Hong Kong home sales sink to 33-year low in 2023 amid high interest rates as sector sees glimmers of rebound in December"},"content":{"rendered":"


\nTransactions in 2023 fell 2.7 per cent year on year to 58,023, while value fell 13.9 per cent to HK$477.6 billion (US$61 billion), Centaline says. Property agents see growth ahead given positive December figures and anticipated rate cuts.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong home sales sink to 33-year low in 2023 amid high interest rates as sector sees glimmers of rebound in December<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Transactions in 2023 fell 2.7 per cent year on year to 58,023, while value fell...<\/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-140890","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-AEq","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":140890,"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":49158,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-shui-on-sees-38pc-rise-in-annual-profit-on-robust-mainland-sales\/","url_meta":{"origin":140890,"position":1},"title":"Hong Kong developer Shui On sees 38pc rise in annual profit on robust mainland sales","date":"March 22, 2017","format":false,"excerpt":"\r Property developer Shui On Land has delivered a 38 per cent rise in annual profit, on the back of robust mainland project sales. The company said on Wednesday its profit attributable to shareholders was 1.1 billion yuan (US$159.5 million) for the year ended 31 December 2016, up from 788\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95719,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landowner-wharf-sees-core-profit-plunge-by-two-thirds-amid-falling-home-sales-in-mainland-china\/","url_meta":{"origin":140890,"position":2},"title":"Hong Kong landowner Wharf sees core profit plunge by two thirds amid falling home sales in mainland China","date":"August 9, 2018","format":false,"excerpt":"\r Wharf Holdings, one of Hong Kong\u2019s biggest landowners, reported a 66 per cent drop in core profit because of weak property sales in mainland China. The conglomerate\u2019s core profit came in at HK$2.53 billion (US$322.31 million) for the six months ended June 30, according to a filing to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155226,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-housing-market-bound-for-gradual-recovery-analyst\/","url_meta":{"origin":140890,"position":3},"title":"Hong Kong housing market bound for gradual recovery: analyst","date":"June 4, 2025","format":false,"excerpt":"\r Hong Kong\u2019s housing market is poised for a gradual recovery starting in the second half of this year, as population inflows, falling interest rates and a rebound in rental demand restore confidence, according to Bocom International. The investment bank said home prices could rise by 3 per cent over\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147454,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-market-sees-price-increases-as-confidence-returns-sales-surge\/","url_meta":{"origin":140890,"position":4},"title":"Hong Kong property market sees price increases as confidence returns, sales surge","date":"October 22, 2024","format":false,"excerpt":"\r Chinachem Group, the developer of Echo House, has raised the price of the second batch of 50 flats by about 4 per cent amid a surge in interest.\r \r Source : South China Morning Post\r Read more...Hong Kong property market sees price increases as confidence returns, sales surge","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-surge-to-2-year-high-boosting-overall-transactions\/","url_meta":{"origin":140890,"position":5},"title":"Hong Kong home sales surge to 2-year high, boosting overall transactions","date":"May 5, 2026","format":false,"excerpt":"\r Hong Kong property transactions surged to a four-month high in April, while the value and volume of home sales hit their highest level in 24 months, according to the latest official data, underscoring the resilience of the city\u2019s real estate sector amid uncertainties over interest rates and the US-Israel\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\/140890"}],"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=140890"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140890\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}