{"id":41728,"date":"2017-01-24T22:10:23","date_gmt":"2017-01-24T15:10:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-complaints-as-overseas-sales-sting-hong-kong-investors\/"},"modified":"2017-01-24T22:10:57","modified_gmt":"2017-01-24T15:10:57","slug":"record-complaints-as-overseas-sales-sting-hong-kong-investors","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-complaints-as-overseas-sales-sting-hong-kong-investors\/","title":{"rendered":"Record complaints as overseas sales sting Hong Kong investors"},"content":{"rendered":"


\nA leap in complaints about properties bought overseas resulted in the regulatory body for estate agents dealing with a record number of cases last year.
\nThe Estate Agents Authority (EAA) said on Tuesday it received 475 gripes in total, up 51 per cent on 2015. This was largely the result of an 184 per cent surge in \u00adcomplaints to 156 cases from those buying properties \u00adoutside Hong Kong and investing in local malls, EAA chairman \u00adWilliam Leung Yuen-ping said.
\n\u201cThe situation…
\n
\nSource : South China Morning Post
\nRead more…Record complaints as overseas sales sting Hong Kong investors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A leap in complaints about properties bought overseas resulted in the regulatory body for estate...<\/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-41728","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-aR2","jetpack-related-posts":[{"id":75387,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-regulator-sets-rules-for-sale-of-uncompleted-overseas-property-for-the-first-time\/","url_meta":{"origin":41728,"position":0},"title":"Hong Kong regulator sets rules for sale of uncompleted overseas property for the first time","date":"December 28, 2017","format":false,"excerpt":"\r The regulator of property agents in Hong Kong has issued guidelines for the sale of uncompleted overseas properties by local agents following repeated complaints by buyers, a move supported by companies in the sector. The Estate Agents Authority issued a practice circular on the sale of uncompleted properties situated\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100950,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-agents-mustnt-mislead-buyers-or-face-disciplinary-action-by-watchdog\/","url_meta":{"origin":41728,"position":1},"title":"Hong Kong property agents mustn\u2019t mislead buyers or face disciplinary action by watchdog","date":"November 6, 2018","format":false,"excerpt":"\r Stepping into autumn, a number of new residential properties in Hong Kong have been launched for sale by different property developers. Participating in the sale of these first-hand properties, property agents must not make any misrepresentation to prospective buyers, or they may be disciplined by the Estate Agents Authority\u2026","rel":"","context":"In "Property News"","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":41728,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-estate-agents-watchdog-working-on-guidelines-to-eliminate-fake-online-listings\/","url_meta":{"origin":41728,"position":3},"title":"Hong Kong estate agents\u2019 watchdog working on guidelines to eliminate fake online listings","date":"August 22, 2018","format":false,"excerpt":"\r The Estate Agents Authority (EAA) plans to crack down on misleading property advertisements as agents continue to market a host of properties at below-market values and even after they have been rented out. Last week, Ricacorp Properties took the initiative to remove 9,000 property listings from more than 15,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-risks-do-hongkongers-face-while-buying-uncompleted-property-abroad\/","url_meta":{"origin":41728,"position":4},"title":"What risks do Hongkongers face while buying uncompleted property abroad?","date":"November 10, 2020","format":false,"excerpt":"\r Over the past few years, it is becoming more popular for Hong Kong people to purchase non-local properties. The risk they face is high, especially when those properties are still under construction, or are yet to be completed.\r\rCurrently, there is no relevant legislation governing the sale of non-local properties\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10940,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-real-estate-agents-face-tough-times-as-home-sales-drop-39-per-cent-in-first-quarter\/","url_meta":{"origin":41728,"position":5},"title":"Hong Kong real estate agents face tough times as home sales drop 39 per cent in first quarter","date":"April 19, 2016","format":false,"excerpt":"\r Hong Kong\u2019s first real estate agency offering 0 per cent commission for clients is finding it tough to survive in the city with its weakening housing market. Online real estate agent Candid Properties, saw staff numbers drop to four from 15 in six months.\r \r Source : South China\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\/41728"}],"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=41728"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41728\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=41728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=41728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=41728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}