It\u2019s a buyers\u2019 market as Hong Kong flat owners slash prices to secure sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
Plagued by weakening market sentiment, rising interest rates and a slowing economy, flat owners in...<\/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-1445","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-nj","jetpack-related-posts":[{"id":1381,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-a-buyers-market-as-hk-flat-owners-pile-on-discounts-in-secondary-market\/","url_meta":{"origin":1445,"position":0},"title":"It\u2019s a buyers\u2019 market as HK flat owners pile on discounts in secondary market","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 HK\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":1445,"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":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":1445,"position":2},"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":1445,"position":3},"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":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":1445,"position":4},"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":121132,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-stay-flat-in-june-as-buyers-take-a-breath-after-months-of-price-increases\/","url_meta":{"origin":1445,"position":5},"title":"Hong Kong home prices stay flat in June as buyers take a breath after months of price increases","date":"July 28, 2021","format":false,"excerpt":"\r Hong Kong home prices were flat in June after reaching a two-year high, as buyers stayed on the sidelines, apparently taking a breather after months of rising prices buoyed by low-interest mortgage rates and a rebounding economy.An index measuring the prices of second-hand homes stayed at 394.5, data from\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\/1445"}],"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=1445"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1445\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=1445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=1445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=1445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}