{"id":149348,"date":"2025-02-03T08:30:15","date_gmt":"2025-02-03T01:30:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/year-of-the-snake-rare-deals-distressed-sales-to-prevail-in-hong-kong-property\/"},"modified":"2025-02-03T10:08:08","modified_gmt":"2025-02-03T03:08:08","slug":"year-of-the-snake-rare-deals-distressed-sales-to-prevail-in-hong-kong-property","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/year-of-the-snake-rare-deals-distressed-sales-to-prevail-in-hong-kong-property\/","title":{"rendered":"Year of the Snake: rare deals, distressed sales to prevail in Hong Kong property"},"content":{"rendered":"<p>&#013;<br \/>\nTraditional investors to stay on the sidelines while educational and church organisations scoop up assets, analysts say.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3297071\/year-snake-rare-deals-distressed-sales-prevail-hong-kong-property?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Year of the Snake: rare deals, distressed sales to prevail in Hong Kong property<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Traditional investors to stay on the sidelines while educational and church organisations scoop up assets,&#46;&#46;&#46;<\/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-149348","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-CQQ","jetpack-related-posts":[{"id":145972,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-fire-sales-dominate-first-half-deals-as-debt-stress-weighs-on-owners\/","url_meta":{"origin":149348,"position":0},"title":"Hong Kong property: fire sales dominate first-half deals as debt stress weighs on owners","date":"July 9, 2024","format":false,"excerpt":"\r Distressed property sales accounted for HK$16.8 billion (US$2.1 billion) or 73 per cent of the total deal value in the first half, versus 10 per cent in previous years, CBRE says.\r \r Source : South China Morning Post\r Read more...Hong Kong property: fire sales dominate first-half deals as debt\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-stamp-duties-interest-rates-will-not-increase-distressed-property-asset-sales-in-hong-kong-analysts-say\/","url_meta":{"origin":149348,"position":1},"title":"Higher stamp duties, interest rates will not increase \u2018distressed\u2019 property asset sales in Hong Kong, analysts say","date":"December 12, 2016","format":false,"excerpt":"\r The number of distressed property assets in Hong Kong will remain low, despite the recent stamp duty hike and likely interest rate rise later this week, analysts say. Distressed assets \u2013 those that owners are forced to sell at lower-than-market prices for reasons such as bankruptcy or debt \u2013\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142238,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rf-properties-turns-to-hong-kong-tycoon-in-distressed-sale-of-london-asset-to-trim-part-of-us42-billion-in-liabilities\/","url_meta":{"origin":149348,"position":2},"title":"R&amp;F Properties turns to Hong Kong tycoon in distressed sale of London asset to trim part of US$42 billion in liabilities","date":"February 7, 2024","format":false,"excerpt":"\r Guangzhou R&F is seeking to offload a UK asset in the latest attempt to trim its debt burden. It is turning to Hong Kong tycoon Cheung Chung Kiu to survive the crisis.\r \r Source : South China Morning Post\r Read more...R&F Properties turns to Hong Kong tycoon in distressed\u2026","rel":"","context":"In &quot;Property News&quot;","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":149348,"position":3},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-distressed-developer-loses-us58-million-in-12-days-in-u-turn-on-kai-tak-land-deal-amid-scramble-with-hostile-creditors\/","url_meta":{"origin":149348,"position":4},"title":"Hong Kong distressed developer loses US$58 million in 12 days in U-turn on Kai Tak land deal amid scramble with hostile creditors","date":"July 29, 2020","format":false,"excerpt":"\r Cash-strapped Hong Kong developer Goldin Financial Holdings said it had found a new buyer for its waterfront residential plot in Kai Tak, less than two weeks after agreeing to sell the property to an offshore buyer. The change of mind comes with an immediate loss of HK$450 million (US$58\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160874,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/outlook-clears-for-hong-kong-property-with-rate-cuts-imminent-jpmorgan\/","url_meta":{"origin":149348,"position":5},"title":"Outlook clears for Hong Kong property with rate cuts imminent: JPMorgan","date":"September 12, 2025","format":false,"excerpt":"\r The worst seems to be over for Hong Kong\u2019s property sector, with more investors likely to snap up distressed assets in the coming months and home sales set to continue improving as the market anticipates faster interest-rate cuts, according to a JPMorgan researcher. The city\u2019s real estate industry had\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149348"}],"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=149348"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149348\/revisions"}],"predecessor-version":[{"id":149349,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149348\/revisions\/149349"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=149348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=149348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=149348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}