{"id":145576,"date":"2024-07-01T16:30:08","date_gmt":"2024-07-01T09:30:08","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-sales-plunge-again-as-high-interest-rates-economic-malaise-dent-demand\/"},"modified":"2024-07-01T16:36:09","modified_gmt":"2024-07-01T09:36:09","slug":"hong-kong-property-sales-plunge-again-as-high-interest-rates-economic-malaise-dent-demand","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-sales-plunge-again-as-high-interest-rates-economic-malaise-dent-demand\/","title":{"rendered":"Hong Kong property sales plunge again as high interest rates, economic malaise dent demand"},"content":{"rendered":"


\nThere is likely to be little relief for the sagging market in the coming months as interest rates are tipped to remain high, says Ricacorp Properties.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong property sales plunge again as high interest rates, economic malaise dent demand<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There is likely to be little relief for the sagging market in the coming months...<\/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-145576","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-BS0","jetpack-related-posts":[{"id":140331,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-will-fall-by-10-per-cent-in-2024-ubs-says-amid-high-interest-rates-housing-glut\/","url_meta":{"origin":145576,"position":0},"title":"Hong Kong home prices will fall by 10 per cent in 2024, UBS says, amid high interest rates, housing glut","date":"November 16, 2023","format":false,"excerpt":"\r The Swiss investment bank expects home prices to decline by 10 per cent in 2024 as high interest rates dent demand and an abundance of housing stock boosts supply.\r \r Source : South China Morning Post\r Read more...Hong Kong home prices will fall by 10 per cent in 2024,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-defy-broken-economy-surging-unemployment-snapping-up-flats-at-wheelocks-monaco-project-in-kai-tak\/","url_meta":{"origin":145576,"position":1},"title":"Hong Kong homebuyers defy broken economy, surging unemployment, snapping up flats at Wheelock\u2019s Monaco project in Kai Tak","date":"January 22, 2021","format":false,"excerpt":"\r Enthusiastic homebuyers defied concerns that Hong Kong\u2019s sky-high unemployment rate and economic malaise might undermine demand by snapping up new flats offered by Wheelock Properties at its Monaco project on Thursday.The second round of sales at the development in Kai Tak saw almost all of the 133 units taken\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134447,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-commercial-property-market-set-for-tough-first-half-as-high-interest-rates-subdue-demand-says-msci-analyst\/","url_meta":{"origin":145576,"position":2},"title":"Hong Kong\u2019s commercial property market set for tough first half as high interest rates subdue demand, says MSCI analyst","date":"February 10, 2023","format":false,"excerpt":"\r The city\u2019s beleaguered commercial property investment market is likely to take a further hit as higher borrowing costs dent demand in the first half of this year, according to an analyst at MSCI, as some investors take massive losses.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149914,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-demand-aided-by-stamp-duty-cuts-but-stocks-and-interest-rates-are-key\/","url_meta":{"origin":145576,"position":3},"title":"Hong Kong property demand aided by stamp duty cuts, but stocks and interest rates are key","date":"March 23, 2025","format":false,"excerpt":"\r The market\u2019s long-term recovery depends on interest rate trends, as homebuyers remain cautious amid the US-China trade war, experts say.\r \r Source : South China Morning Post\r Read more...Hong Kong property demand aided by stamp duty cuts, but stocks and interest rates are key","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142103,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-home-prices-slump-to-lowest-since-january-2017-as-high-interest-rates-undercut-demand\/","url_meta":{"origin":145576,"position":4},"title":"Hong Kong property: home prices slump to lowest since January 2017 as high interest rates undercut demand","date":"January 29, 2024","format":false,"excerpt":"\r Hong Kong\u2019s lived-in home prices fell by about 1.4 per cent, the eight straight monthly decline. Overall, prices fell 6.7 per cent in 2023, versus a much sharper slump than the 15 per cent decline a year earlier.\r \r Source : South China Morning Post\r Read more...Hong Kong property:\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140513,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sees-record-6-failed-land-tenders-as-elevated-interest-rates-depressed-home-prices-dampen-demand-for-new-plots-colliers-says\/","url_meta":{"origin":145576,"position":5},"title":"Hong Kong sees record 6 failed land tenders as elevated interest rates, depressed home prices dampen demand for new plots, Colliers says","date":"November 30, 2023","format":false,"excerpt":"\r The city saw a record six failed land tenders this year as high interest rates, a sluggish economy and complex development requirements diminished developers\u2019 appetite to acquire new plots, according to Colliers.\r \r Source : South China Morning Post\r Read more...Hong Kong sees record 6 failed land tenders as\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\/145576"}],"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=145576"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/145576\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=145576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=145576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=145576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}