{"id":159734,"date":"2025-08-22T14:45:26","date_gmt":"2025-08-22T07:45:26","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-seng-banks-ceo-buys-tai-hang-flat-as-citys-home-prices-rise\/"},"modified":"2025-08-22T14:45:59","modified_gmt":"2025-08-22T07:45:59","slug":"hang-seng-banks-ceo-buys-tai-hang-flat-as-citys-home-prices-rise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-seng-banks-ceo-buys-tai-hang-flat-as-citys-home-prices-rise\/","title":{"rendered":"Hang Seng Bank\u2019s CEO buys Tai Hang flat as city\u2019s home prices rise"},"content":{"rendered":"<p>&#013;<br \/>\nThe executive director and CEO of Hang Seng Bank has bought a home in Hong Kong\u2019s Tai Hang district, joining a growing coterie of financiers on the hunt for high-value residential property that has helped to drive the city\u2019s lived-in home prices to a five-month high.<br \/>\nA lived-in flat measuring 1,193 sq ft (110.8 square metres) at Flora Garden was handed over on Wednesday to Diana Ferreira Cesar, according to the Land Registry.<br \/>\nThe unit was transacted for HK$26.6 million (US$3.4 million), or&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3322789\/hang-seng-bank-ceo-buys-hk266-million-flat-hong-kong-home-prices-edge-higher?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hang Seng Bank\u2019s CEO buys Tai Hang flat as city\u2019s home prices rise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The executive director and CEO of Hang Seng Bank has bought a home in Hong&#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-159734","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-Fym","jetpack-related-posts":[{"id":166590,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-seng-bank-co-founders-kin-pays-us9-3-million-for-hong-kong-luxury-flat\/","url_meta":{"origin":159734,"position":0},"title":"Hang Seng Bank co-founder\u2019s kin pays US$9.3 million for Hong Kong luxury flat","date":"December 5, 2025","format":false,"excerpt":"\r Sun Hung Kai Properties\u2019 (SHKP) luxury residential projects in North Point and Mid-Levels have attracted well-heeled buyers, including a granddaughter of Hang Seng Bank\u2019s co-founder, who snapped up a flat for HK$72 million (US$9.3 million), according to official records. Magdalene Ho Mai-ting bought the flat in Dynasty Court in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158439,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-seng-says-it-is-covered-against-bad-loans-amid-property-slump\/","url_meta":{"origin":159734,"position":1},"title":"Hang Seng says it is \u2018covered\u2019 against bad loans amid property slump","date":"July 30, 2025","format":false,"excerpt":"\r Hang Seng Bank remains financially healthy, as the extra provisions and collateral provided by borrowers are sufficient to withstand the continued increase in non-performing loans (NPLs) at the HSBC unit, according to its CEO. \u201cThe amount of collaterals and provisions for NPLs has exceeded 100 per cent,\u201d executive director\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162418,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hang-seng-bank-coo-pays-us5-14-million-for-happy-valley-luxury-flat\/","url_meta":{"origin":159734,"position":2},"title":"Hong Kong\u2019s Hang Seng Bank COO pays US$5.14 million for Happy Valley luxury flat","date":"October 9, 2025","format":false,"excerpt":"\r Hang Seng Bank chief operating officer Vivien Chiu Wai-man has paid HK$40 million (US$5.14 million) for a 1,651 sq ft luxury flat in Happy Valley, joining a growing list of top business executives and affluent residents who are buying high-end real estate in Hong Kong amid an improving property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-asks-hang-seng-bank-to-clean-up-bad-hong-kong-property-debt\/","url_meta":{"origin":159734,"position":3},"title":"HSBC asks Hang Seng Bank to clean up bad Hong Kong property debt","date":"September 25, 2025","format":false,"excerpt":"\r HSBC Holdings has taken the unusual step of getting directly involved in pushing its Hong Kong subsidiary, Hang Seng Bank, to offload portfolios of bad real estate debt, underscoring growing concerns over the city\u2019s struggling property sector. About two months ago, the lender directed its London-based global chief corporate\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150838,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scmp-wins-gold-at-hang-seng-universitys-journalism-awards-with-story-on-real-estate-slump\/","url_meta":{"origin":159734,"position":4},"title":"SCMP wins gold at Hang Seng University\u2019s journalism awards with story on real estate slump","date":"April 10, 2025","format":false,"excerpt":"\r Salina Li won the Gold Award in the real estate category for her feature story that compared Hong Kong\u2019s 2024 property slump with the city\u2019s 1997 crash.\r \r Source : South China Morning Post\r Read more...SCMP wins gold at Hang Seng University\u2019s journalism awards with story on real estate\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171936,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-tests-market-with-28-pavilia-rosa-flats-for-sale-amid-hang-seng-slump\/","url_meta":{"origin":159734,"position":5},"title":"NWD tests market with 28 Pavilia Rosa flats for sale amid Hang Seng slump","date":"June 8, 2026","format":false,"excerpt":"\r Hong Kong developer New World Development (NWD) is making 28 units of its Pavilia Rosa project in Kowloon Tong available to buyers on Friday, a test of sentiment and demand in the city\u2019s residential property market amid a slumping Hang Seng Index. NWD said the flats would be sold\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\/159734"}],"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=159734"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159734\/revisions"}],"predecessor-version":[{"id":159735,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159734\/revisions\/159735"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=159734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=159734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=159734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}