Hong Kong sees spurt in negative-equity home owners as property prices tumble<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
The number of Hong Kong homeowners who owe more than the value of their property...<\/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-3015","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-MD","jetpack-related-posts":[{"id":11654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/negative-equity-cases-jump-14-times-as-hong-kong-property-prices-fall-again-in-march\/","url_meta":{"origin":3015,"position":0},"title":"Negative equity cases jump 14 times as Hong Kong property prices fall again in March","date":"April 29, 2016","format":false,"excerpt":"\r Hong Kong\u2019s tottering residential market was hit by a gust of negative news on Friday, with the supply of new private homes projected to rise to a record high of 92,000 and negative equity cases rising alarmingly as home prices continue to fall.\r \r Source : South China Morning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-is-poised-for-another-real-estate-crisis-as-falling-home-prices-drive-more-mortgage-borrowers-into-negative-equity\/","url_meta":{"origin":3015,"position":1},"title":"Hong Kong is poised for another real estate crisis as falling home prices drive more mortgage borrowers into negative equity","date":"February 25, 2020","format":false,"excerpt":"\r Hong Kong\u2019s commercial banks are cutting their valuations of mortgaged homes as they bow to the double whammy impact of a viral epidemic with months of anti-government protests, in a move that could drive even more borrowers into negative equity and provoke panic selling.The weekly Centa Valuation Index (CVI)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135135,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-sees-2022-profits-tumble-92-per-cent-as-pandemic-batters-hong-kong-mainland-china-property-revenues\/","url_meta":{"origin":3015,"position":2},"title":"Wharf sees 2022 profits tumble 92 per cent as pandemic batters Hong Kong, mainland China property revenues","date":"March 9, 2023","format":false,"excerpt":"\r The developer saw every segment of its operations in Hong Kong and mainland China slow down, with net profit for the year falling 92 per cent amid what the company called \u2018weak markets\u2019 and \u2018pandemic woes\u2019.\r \r Source : South China Morning Post\r Read more...Wharf sees 2022 profits tumble\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-than-1000-hong-kong-homeowners-could-see-loans-exceed-value-of-properties-in-first-quarter\/","url_meta":{"origin":3015,"position":3},"title":"More than 1,000 Hong Kong homeowners could see loans exceed value of properties in first quarter","date":"April 16, 2020","format":false,"excerpt":"\r More than 1,000 homebuyers are on the verge of falling into negative equity in Hong Kong, after the prices of flats in some housing estates declined by more than 10 per cent from October last year, industry insiders said.Negative equity occurs when a home loan exceeds the market value\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/negative-equity-returns-to-hong-kong-as-small-flats-value-drop-by-20-per-cent-in-a-declining-market\/","url_meta":{"origin":3015,"position":4},"title":"Negative equity returns to Hong Kong as small flats\u2019 value drop by 20 per cent in a declining market","date":"October 29, 2018","format":false,"excerpt":"\r Scores of homeowners in Hong Kong are on the verge of falling into negative equity, with small flats in older buildings losing up to a fifth of their value in a matter of weeks. Many people who bought flats in the last couple of months have seen their value\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102050,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-micro-flats-will-bear-the-brunt-of-price-slump-says-ck-asset-executive\/","url_meta":{"origin":3015,"position":5},"title":"Hong Kong micro flats will bear the brunt of price slump, says CK Asset executive","date":"December 6, 2018","format":false,"excerpt":"\r Micro-flats, once all the rage in Hong Kong because of their affordability, would bear the brunt of the city\u2019s property price slump, said an executive of CK Asset Holdings, one of the city\u2019s biggest developers. Executive director Justin Chiu Kwok-hung forecast that prices for tiny flats could tumble 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\/3015"}],"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=3015"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/3015\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=3015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=3015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=3015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}