{"id":27305,"date":"2016-09-26T10:30:45","date_gmt":"2016-09-26T03:30:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/overseas-property-debacles-leave-hong-kong-investors-out-of-pocket\/"},"modified":"2016-09-27T00:46:11","modified_gmt":"2016-09-26T17:46:11","slug":"overseas-property-debacles-leave-hong-kong-investors-out-of-pocket","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overseas-property-debacles-leave-hong-kong-investors-out-of-pocket\/","title":{"rendered":"Overseas property debacles leave Hong Kong investors out of pocket"},"content":{"rendered":"<p>&#013;<br \/>\nWhen Liao Yiching spent years of savings on a property in Memphis, Tennessee, she\u2019d planned to renovate it and sell it on for a small profit.<\/p>\n<p>Six months and thousands of US dollars later, Liao has a house with still-incomplete renovations and a contractor that keeps disappearing.<\/p>\n<p>Liao spent US$158,000 (HK$1.23 million) buying and renovating the Memphis property in March on the advice of her friend Sam Van Horebeek, a director at East-West Property Advisors, a Hong Kong-based firm&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/article\/2022555\/overseas-property-debacles-leave-hong-kong-investors-out-pocket\" target=\"_blank\">Overseas property debacles leave Hong Kong investors out of pocket<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; When Liao Yiching spent years of savings on a property in Memphis, Tennessee, she\u2019d planned&#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-27305","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\/p75ss1-76p","jetpack-related-posts":[{"id":73694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-investors-keen-on-overseas-assets-should-now-focus-on-extended-stay-hotel-market\/","url_meta":{"origin":27305,"position":0},"title":"Hong Kong investors keen on overseas assets should now focus on extended-stay hotel market","date":"December 5, 2017","format":false,"excerpt":"\r Hong Kong investors\u2019 recent buying spree of trophy overseas office buildings, such as the record \u00a31.3 billion (US$1.7 billion) purchase in London of the popularly christened Walkie Talkie building, has been in the spotlight. But it is not just commercial towers that Hong Kong investors have been enthusiastically buying\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-complaints-as-overseas-sales-sting-hong-kong-investors\/","url_meta":{"origin":27305,"position":1},"title":"Record complaints as overseas sales sting Hong Kong investors","date":"January 24, 2017","format":false,"excerpt":"\r A leap in complaints about properties bought overseas resulted in the regulatory body for estate agents dealing with a record number of cases last year. The Estate Agents Authority (EAA) said on Tuesday it received 475 gripes in total, up 51 per cent on 2015. This was largely the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72361,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-germany-the-next-property-investment-market-for-hong-kong-investors\/","url_meta":{"origin":27305,"position":2},"title":"Is Germany the next property investment market for Hong Kong investors?","date":"November 21, 2017","format":false,"excerpt":"\r As the Hong Kong market continues to heat up, Brexit uncertainty, and other global markets appearing priced in, investors in Hong Kong are increasingly looking to western Europe, specifically Germany. Germany, despite boasting Europe\u2019s largest economy and population, has not always been a natural destination for Hong Kong investors\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-probing-overseas-property-scams-that-cost-buyers-hk500m-in-losses\/","url_meta":{"origin":27305,"position":3},"title":"Hong Kong probing overseas property scams that cost buyers HK$500m in losses","date":"March 14, 2017","format":false,"excerpt":"\r Hong Kong police and the securities regulator are looking into overseas property projects that have gone into default, costing investors as much as HK$500 million in losses, according to a Hong Kong lawmaker. Legislative Council member James To Kun-sun, who has been receiving complaints concerning overseas real estate investments,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128430,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-buyers-of-uncompleted-properties-overseas-from-hong-kong-should-do-to-protect-their-interests\/","url_meta":{"origin":27305,"position":4},"title":"What buyers of uncompleted properties overseas from Hong Kong should do to protect their interests","date":"August 2, 2022","format":false,"excerpt":"\r Investors should tread carefully and seek professional advice because of the inherent risks associated with buying uncompleted properties overseas.\r \r Source : South China Morning Post\r Read more...What buyers of uncompleted properties overseas from Hong Kong should do to protect their interests","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170704,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/global-investors-revisit-hong-kong-property-stocks-as-housing-market-recovery-gathers-pace\/","url_meta":{"origin":27305,"position":5},"title":"Global investors revisit Hong Kong property stocks as housing market recovery gathers pace","date":"March 5, 2026","format":false,"excerpt":"\r The recovery in Hong Kong\u2019s property market has begun attracting overseas investors back to the sector, with the Hang Seng Properties Index rising more than 20 per cent this year. International investors, who have had limited exposure to Hong Kong property stocks over the past two to three years,\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\/27305"}],"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=27305"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/27305\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=27305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=27305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=27305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}