{"id":39615,"date":"2017-01-04T19:35:50","date_gmt":"2017-01-04T12:35:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-sales-in-hong-kongs-secondary-market-drop-to-21-year-low-in-2016\/"},"modified":"2017-01-04T19:41:04","modified_gmt":"2017-01-04T12:41:04","slug":"home-sales-in-hong-kongs-secondary-market-drop-to-21-year-low-in-2016","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-sales-in-hong-kongs-secondary-market-drop-to-21-year-low-in-2016\/","title":{"rendered":"Home sales in Hong Kong\u2019s secondary market drop to 21-year low in 2016"},"content":{"rendered":"


\nHome sales in Hong Kong\u2019s secondary market plunged to a 21-year low in 2016 as government cooling measures dampened demand, while a buying frenzy in the primary market pushed the value of new home sales to the highest level since 1995.
\nThe extraordinary divergence between primary and secondary home sales emerged in data from the Land Registry released on Wednesday, which showed sales of second-hand homes dropped one per cent to 40,466 deals.
\n\u201cIt is the lowest since our firm started…
\n
\nSource : South China Morning Post
\nRead more…Home sales in Hong Kong\u2019s secondary market drop to 21-year low in 2016<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home sales in Hong Kong\u2019s secondary market plunged to a 21-year low in 2016 as...<\/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-39615","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-aiX","jetpack-related-posts":[{"id":39681,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-secondary-home-sales-in-hong-kong-are-feeling-the-chill\/","url_meta":{"origin":39615,"position":0},"title":"Why secondary home sales in Hong Kong are feeling the chill","date":"January 5, 2017","format":false,"excerpt":"\r While the primary market is simmering Crowds gather at 1881 Heritage, the former Marine Police Headquarters, in Hong Kong. Zen S Prarom \/ Shutterstock.com Winter has come to Hong Kong. While new home sales in the Chinese SAR hit hot new highs price-wise, secondary market sales plummeted last year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51060,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-sales-up-43-6-per-cent-in-march\/","url_meta":{"origin":39615,"position":1},"title":"Hong Kong\u2019s home sales up 43.6 per cent in March","date":"April 6, 2017","format":false,"excerpt":"\r Home sales in Hong Kong rose to a four-month high in March, driven by a sharp increase in secondary market transactions, according to property agents. Industry experts expect home sales will continue to improve in April owing to rising numbers of big-ticket deals involving the purchase of multiple flats\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-home-sales-in-new-territories-secondary-market-outperform-on-steeper-discounts\/","url_meta":{"origin":39615,"position":2},"title":"Small home sales in New Territories secondary market outperform on steeper discounts","date":"March 29, 2016","format":false,"excerpt":"\r While the recent price correction offers some hope for Hong Kong\u2019s struggling secondary residential market, the number of transactions have yet to return to normal levels, indicating that most home seekers are sitting on their hands waiting for better bargains.\r \r Source : South China Morning Post\r Read more...Small\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62062,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-supply-of-98000-new-private-flats-unlikely-to-cool-soaring-prices-say-analysts\/","url_meta":{"origin":39615,"position":3},"title":"Hong Kong\u2019s supply of 98,000 new private flats unlikely to cool soaring prices, say analysts","date":"July 28, 2017","format":false,"excerpt":"\r Hong Kong\u2019s supply of new private flats will climb to a high of 98,000 over the next three to four years, according to the latest quarterly data from the Transport and Housing Bureau, but the additional supply is unlikely to cool sky high home prices, say analysts. Thomas Lam,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115342,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sentiment-in-hong-kongs-property-sector-hit-across-the-board-as-theres-no-respite-from-coronvirus-outbreak\/","url_meta":{"origin":39615,"position":4},"title":"Sentiment in Hong Kong\u2019s property sector hit across the board as there\u2019s no respite from coronvirus outbreak","date":"April 2, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property market continues to be battered from all sides as the worsening coronavirus pandemic takes a toll on sales, prices, rents and even government land sales.New home sales in March sank 40.4 per cent month on month to 594 units, the lowest since December 2018 while overall\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76678,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/time-to-upgrade-as-hong-kongs-new-property-stamp-duty-rule-kicks-in\/","url_meta":{"origin":39615,"position":5},"title":"Time to upgrade as Hong Kong\u2019s new property stamp duty rule kicks in","date":"January 15, 2018","format":false,"excerpt":"\r Hong Kong\u2019s recently announced tax relaxation will attract more property buyers and encourage upgrades in the primary market, reviving sales in the ailing pre-owned residential sector, according to analysts. St Barths, the first residential project sale in 2018, sold out its 118 flats on the weekend, partly driven by\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\/39615"}],"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=39615"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/39615\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=39615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=39615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=39615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}