{"id":48009,"date":"2017-03-14T18:01:26","date_gmt":"2017-03-14T11:01:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-probing-overseas-property-scams-that-cost-buyers-hk500m-in-losses\/"},"modified":"2017-03-14T18:05:01","modified_gmt":"2017-03-14T11:05:01","slug":"hong-kong-probing-overseas-property-scams-that-cost-buyers-hk500m-in-losses","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-probing-overseas-property-scams-that-cost-buyers-hk500m-in-losses\/","title":{"rendered":"Hong Kong probing overseas property scams that cost buyers HK$500m in losses"},"content":{"rendered":"


\nHong 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.
\nLegislative Council member James To Kun-sun, who has been receiving complaints concerning overseas real estate investments, said he urged the Securities & Futures Commission (SFC) to investigate the cases at a meeting with the agency last week.
\nThe SFC will make an announcement…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong probing overseas property scams that cost buyers HK0m in losses<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong police and the securities regulator are looking into overseas property projects that have...<\/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-48009","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-cul","jetpack-related-posts":[{"id":73187,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/where-to-get-a-hk1m-flat-best-try-overseas-agents-tell-young-flat-buyers-in-hong-kong\/","url_meta":{"origin":48009,"position":0},"title":"Where to get a HK$1m flat? Best try overseas, agents tell young flat buyers in Hong Kong","date":"November 29, 2017","format":false,"excerpt":"\r Twenty and thirtysomethings who\u2019ve struggled to get on the property ladder in Hong Kong are turning to more affordable options overseas, according to industry experts. Many are seeking to acquire real estate in urban centres around the region that haven\u2019t seen such huge run-ups in prices, but which stand\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-the-worlds-priciest-city-even-the-securities-regulator-finds-itself-priced-out-of-prime-office-space\/","url_meta":{"origin":48009,"position":1},"title":"In the world\u2019s priciest city, even the securities regulator finds itself priced out of prime office space","date":"February 5, 2018","format":false,"excerpt":"\r In the world\u2019s most expensive city, even the financial industry overseer needs to put up cash, or be priced out of prime office space.\u00a0 That is what\u2019s happening to Hong Kong\u2019s Securities and Futures Commission (SFC), as it finds its HK$3 billion (US$383.5 million) budget insufficient for even half\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thai-developer-sansiri-targets-hong-kong-buyers-with-affordable-mini-flats-in-bangkok-amid-glut\/","url_meta":{"origin":48009,"position":2},"title":"Thai developer Sansiri targets Hong Kong buyers with \u2018affordable\u2019 mini flats in Bangkok amid glut","date":"June 29, 2021","format":false,"excerpt":"\r With Thai developers struggling to dispose of a massive stock of unsold flats in Bangkok, many of them are trying to lure overseas buyers with huge discounts and bargains to whittle down the inventory and get the struggling sector back on its footing.Bangkok-listed Sansiri, one of the top three\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75255,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-hong-kong-flats-out-of-reach-young-buyers-seek-home-ownership-in-thailand-japan\/","url_meta":{"origin":48009,"position":3},"title":"With Hong Kong flats out of reach, young buyers seek home ownership in Thailand, Japan","date":"December 26, 2017","format":false,"excerpt":"\r Tang Ying-ying, 26, became a proud property owner six months ago without breaking a sweat when she bought a flat in Bangkok where it costs just one-tenth of that in Hong Kong, joining a growing number of young Hongkongers who are investing overseas. \u201cThere is zero chance for young\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64156,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-overseas-land-to-accelerate-investment-in-hong-kong-after-posting-25pc-interim-profit-gain\/","url_meta":{"origin":48009,"position":4},"title":"China Overseas Land to accelerate investment in Hong Kong after posting 25pc interim profit gain","date":"August 21, 2017","format":false,"excerpt":"\r State-owned developer China Overseas Land & Investment said it will accelerate investment in Hong Kong to take advantage of opportunities in the Greater Bay Area initiative after it reported first-half profit rose 25 per cent. The blue-chip developer saw net profit for the first six months expand to HK$21.7\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103929,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sfc-throws-in-the-towel-on-central-rents-signs-on-for-new-office-space-at-one-island-east\/","url_meta":{"origin":48009,"position":5},"title":"Hong Kong\u2019s SFC throws in the towel on Central rents, signs on for new office space at One Island East","date":"February 13, 2019","format":false,"excerpt":"\r The Securities and Futures Commission (SFC) plans to move out of its Central office to save on rental costs as it forecasts a deficit of HK$230 million (US$29.3 million) for the year ahead. The city\u2019s securities regulator has taken out an eight-year lease in Swire Properties\u2019 One Island East\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\/48009"}],"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=48009"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48009\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=48009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=48009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=48009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}