{"id":31975,"date":"2016-10-28T18:26:59","date_gmt":"2016-10-28T11:26:59","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/where-the-hong-kong-mtr-goes-property-boom-follows\/"},"modified":"2016-10-28T18:29:25","modified_gmt":"2016-10-28T11:29:25","slug":"where-the-hong-kong-mtr-goes-property-boom-follows","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/where-the-hong-kong-mtr-goes-property-boom-follows\/","title":{"rendered":"Where the Hong Kong MTR goes, property boom follows"},"content":{"rendered":"


\nFierce bidding ahead
\nLi Wa\/Shutterstock
\nTwo districts in Kowloon, Hong Kong are currently experiencing an uptick in home sales, courtesy of an expanding rapid transit line.
\nResidential capital values in the city\u2019s Whampoa and Ho Man Tin districts have risen 95 percent and 80 percent respectively since the gazetting of a new MTR line in 2009, according to The South China Morning Post, citing data from the latest report on Hong Kong residential sales by Jones Lang LaSalle. The route opened Sunday after months of delays.
\n\u201cResidential projects with railway connections have always been more popular with buyers,\u201d said Henry Mok, regional director of capital markets at JLL. \u201cOnce the railway extension starts operation, properties in Whampoa and Ho Man Tin should be able to draw more interest from buyers, leading to an increase in transaction volumes and a possible boost in property prices in the two districts.\u201d
\nMore: Plot twist: Hong Kong property prices may not fall this year
\nCapital values throughout the Chinese SAR averaged only 61 percent during the period, JLL noted.
\nExtending for 2.6 kilometres, the new MTR route is an extension of the Kwun Tong line. Rents in Whampoa, from which the line would extend to Yau Ma Tei by way of Ho Man Tin, have risen by 10 per cent in the past month, the Post reported.
\nSuch MTR effect would amount to fierce bidding for MTR Corp tenders in the final months of the year, JLL predicted. Two of these tenders, which involve housing projects that would yield 800 and 1,000 units, respectively, at the Wong Chuk Hang Station and Ho Man Tin Stations evince much potential in particular.
\nRead next: Hong Kong\u2019s newest expat neighborhood keeps on getting cooler
\n
\nSource : property-report.com
\nRead more…Where the Hong Kong MTR goes, property boom follows<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Fierce bidding ahead Li Wa\/Shutterstock Two districts in Kowloon, Hong Kong are currently experiencing an...<\/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-31975","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\/p75ss1-8jJ","jetpack-related-posts":[{"id":31586,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mtr-effect-rubs-off-on-property-sales-in-whampoa-and-ho-man-tin\/","url_meta":{"origin":31975,"position":0},"title":"\u2018MTR effect\u2019 rubs off on property sales in Whampoa and Ho Man Tin","date":"October 25, 2016","format":false,"excerpt":"\r Property sales in Whampoa and Ho Man Tin have surged after the MTR Line was extended to the regions last Sunday. The extension will also trigger heated interest in MTR Corp\u2019s upcoming residential land sale tenders, according to global property consultancy JLL. In its latest Hong Kong Residential Sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-keep-up-robust-demand-as-new-launches-draw-brisk-sales\/","url_meta":{"origin":31975,"position":1},"title":"Hong Kong homebuyers keep up robust demand as new launches draw brisk sales","date":"January 24, 2026","format":false,"excerpt":"\r Hong Kong homebuyers continued to show strong demand for new residential launches over the weekend, potentially pushing primary market transactions to a five-month high, according to agents. By 3.30pm on Saturday, about two-thirds of the 108 units released at Park Seasons \u2013 a Lohas Park project in Tseung Kwan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mtr-seeks-bids-for-land-as-hong-kong-property-developers-ready-for-november-sales\/","url_meta":{"origin":31975,"position":2},"title":"MTR seeks bids for land as Hong Kong property developers ready for November sales","date":"October 27, 2017","format":false,"excerpt":"\r Hong Kong\u2019s subway operator MTR Corp will start a tendering process for a plot of land for residential development next to its Wong Chuk Hang station from Friday, while other property firms eye high prices from a series of sales set for November. MTR is inviting developers to submit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171374,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-buyers-snap-up-more-than-180-new-homes-as-market-confidence-returns\/","url_meta":{"origin":31975,"position":3},"title":"Hong Kong buyers snap up more than 180 new homes as market confidence returns","date":"April 18, 2026","format":false,"excerpt":"\r Homebuyers continued to signal confidence in Hong Kong\u2019s residential market on Saturday, with about three quarters of 248 new flats put up for sale snapped up by late afternoon. A total of 53 out of 88 units were sold at The Pavilia Farm III, while 129 of 160 units\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40189,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-rises-of-major-new-hong-kong-housing-estates-expected-to-slow-in-2017-say-agents\/","url_meta":{"origin":31975,"position":4},"title":"Prices rises of major new Hong Kong housing estates expected to slow in 2017, say agents","date":"January 10, 2017","format":false,"excerpt":"\r Rising prices at major housing estates in Hong Kong may slow in 2017, as the supply of new flats coming to onto the market reaches its highest level since 2004. A crop of ongoing residential projects \u2013 including Kingswood Villa in Tin Shui Wai, Sha Tin City One in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-sends-upbeat-signal-on-urban-land-values-paying-hk6-4b-at-auction-for-a-site-near-lam-tin-mtr\/","url_meta":{"origin":31975,"position":5},"title":"Wheelock sends upbeat signal on urban land values, paying HK$6.4b at auction for a site near Lam Tin MTR","date":"November 16, 2016","format":false,"excerpt":"\r Wheelock Properties has won the first residential site offered for sale by the government since the introduction of a new stamp duty, paying a higher-than-expected HK$6.388 billion. The wholly-owned property unit of Hong Kong-listed Wheelock & Co on Wednesday said they won the tender for the site on Sin\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\/31975"}],"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=31975"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/31975\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=31975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=31975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=31975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}