{"id":172738,"date":"2026-10-11T11:00:17","date_gmt":"2026-10-11T04:00:17","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-vs-old-why-new-builds-are-far-outselling-used-homes-in-hong-kong\/"},"modified":"2026-10-11T11:08:31","modified_gmt":"2026-10-11T04:08:31","slug":"new-vs-old-why-new-builds-are-far-outselling-used-homes-in-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-vs-old-why-new-builds-are-far-outselling-used-homes-in-hong-kong\/","title":{"rendered":"New vs old: why new-builds are far outselling used homes in Hong Kong"},"content":{"rendered":"<p>&#013;<br \/>\nA clear divide has opened up in Hong Kong\u2019s property market in recent months: sales of new-build homes have surged, but the recovery in the secondary market has remained far more modest.<br \/>\nThe contrast between the two segments is not a coincidence \u2013 and is likely to persist for some time, according to analysts.<br \/>\nThe trend is largely being driven by developers slashing prices on new-builds to clear their inventories ahead of expected interest rate rises in the coming months. This is making new homes&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/markets\/article\/3370332\/new-vs-old-why-new-builds-are-far-outselling-used-homes-hong-kong?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">New vs old: why new-builds are far outselling used homes in Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A clear divide has opened up in Hong Kong\u2019s property market in recent months: sales&#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-172738","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-IW6","jetpack-related-posts":[{"id":23087,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/price-rises-in-hong-kong-homes-seen-driving-buyers-to-new-builds\/","url_meta":{"origin":172738,"position":0},"title":"Price rises in Hong Kong homes seen driving buyers to new builds","date":"August 16, 2016","format":false,"excerpt":"\r The sustainability of price rises that began last month for older homes is in doubt amid fears they will cool deals and send buyers to new builds, say industry experts.\r \r Source : South China Morning Post\r Read more...Price rises in Hong Kong homes seen driving buyers to new\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12544,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pressure-on-home-prices-in-hong-kongs-new-territories-likely-as-supply-builds-up\/","url_meta":{"origin":172738,"position":1},"title":"Pressure on home prices in Hong Kong\u2019s New Territories likely as supply builds up","date":"May 10, 2016","format":false,"excerpt":"\r About 108,000 new homes will come on stream in Hong Kong in the next five years, mounting pressure on prices, especially in the New Territories, say property consultants.\r \r Source : South China Morning Post\r Read more...Pressure on home prices in Hong Kong\u2019s New Territories likely as supply builds\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32885,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-blinks-cuts-prices-on-lantau-homes\/","url_meta":{"origin":172738,"position":2},"title":"Swire blinks, cuts prices on Lantau homes","date":"November 3, 2016","format":false,"excerpt":"\r Swire Properties has bucked the rising home price trend in Hong Kong by selling 12 houses on Lantau Island as much as 30 per cent cheaper than the previous launch six months ago. The developer, which builds luxury properties such as Opus Hong Kong in Mid-Levels, on Wednesday night\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-property-developer-future-land-eyes-co-living-opportunities-in-hong-kong\/","url_meta":{"origin":172738,"position":3},"title":"Shanghai property developer Future Land eyes co-living opportunities in Hong Kong","date":"November 2, 2017","format":false,"excerpt":"\r Shanghai-based Future Land Development has set its sights on Hong Kong\u2019s co-living spaces. The Chinese developer, which builds homes in 40 cities across the mainland, said on Wednesday it has invested around HK$500-HK$600 million this year in two residential and commercial projects each. The residential projects will be turned\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70176,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builds-fewer-flats-in-first-nine-months-despite-price-rise\/","url_meta":{"origin":172738,"position":4},"title":"Hong Kong builds fewer flats in first nine months despite price rise","date":"October 27, 2017","format":false,"excerpt":"\r Fewer private flats were being built in Hong Kong in the third quarter of this year, even as the government expects the annual development of new units to be maintained at more than 20,000 for 2017, according to the latest government data. Actual construction of the number of private\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-rush-sales-as-buying-momentum-builds-while-city-enjoys-lull-before-security-law-storm\/","url_meta":{"origin":172738,"position":5},"title":"Hong Kong developers rush sales as buying momentum builds, while city enjoys lull before security law storm","date":"June 10, 2020","format":false,"excerpt":"\r Hong Kong developers are expected to price their new projects at lower levels as they rush to capture a revival in buying interest as the government eases measures to control the coronavirus pandemic, according to analysts.New home sales surged in May to 2,085 new units worth HK$22.1 billion (US$2.85\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\/172738"}],"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=172738"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172738\/revisions"}],"predecessor-version":[{"id":172739,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172738\/revisions\/172739"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}