{"id":48920,"date":"2017-03-21T11:02:32","date_gmt":"2017-03-21T04:02:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-squeezed-higher-amid-frenzied-weekend-sales\/"},"modified":"2017-03-21T11:12:41","modified_gmt":"2017-03-21T04:12:41","slug":"hong-kong-home-prices-squeezed-higher-amid-frenzied-weekend-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-squeezed-higher-amid-frenzied-weekend-sales\/","title":{"rendered":"Hong Kong home prices squeezed higher amid frenzied weekend sales"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong home prices were squeezed higher as investors snapped up new flats at weekend sales, boosting home sales to a nine-month high.<br \/>\nMore than 1,000 new homes were purchased between Friday and Sunday at a trio of sales events by major developers.<br \/>\n\u201cIt shows investors do not want to hold cash. As inflation is rising, people prefer holding assets instead,\u201d said Louis Chan Wing-kit, the Asia-Pacific chief executive of Centaline Property Agency\u2019s residential department.<br \/>\nHe said&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2080520\/hong-kong-home-prices-squeezed-higher-amid-frenzied-weekend\" target=\"_blank\">Hong Kong home prices squeezed higher amid frenzied weekend sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong home prices were squeezed higher as investors snapped up new flats at weekend&#46;&#46;&#46;<\/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-48920","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-cJ2","jetpack-related-posts":[{"id":119734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shop-owners-seek-higher-prices-after-scrapping-of-double-stamp-duty\/","url_meta":{"origin":48920,"position":0},"title":"Hong Kong shop owners seek higher prices after scrapping of double stamp duty","date":"January 12, 2021","format":false,"excerpt":"\r Hong Kong shop owners are more likely to stand firm on asking prices, as they expect investors to flood the market after the city scrapped the double stamp duty for non-residential property, investors and property agents said.Buyers are also willing to settle at higher price points since their total\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10092,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-residential-market-faces-test-on-weekend-as-developers-cut-prices-to-push-sales\/","url_meta":{"origin":48920,"position":1},"title":"Hong Kong luxury residential market faces test on weekend as developers cut prices to push sales","date":"April 6, 2016","format":false,"excerpt":"\r Hong Kong\u2019s luxury residential property market will face a real test this weekend when Kerry Properties starts selling its Mantin Heights in Ho Man Tin in the face of a rising number of defaults and price cuts by rival developments in the area.\r \r Source : South China Morning\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171966,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-rediscover-pricing-power-amid-firmer-demand\/","url_meta":{"origin":48920,"position":2},"title":"Hong Kong developers rediscover pricing power amid firmer demand","date":"June 12, 2026","format":false,"excerpt":"\r Prices for some new homes in Hong Kong have rebounded by as much as a third from the housing market\u2019s lowest level a few years ago amid robust demand, according to analysts. Developers have priced new units this year in Tseung Kwan O, Wong Chuk Hang and Tai Wai\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35336,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/an-unusual-divergence-of-views-has-emerged-over-the-direction-of-hong-kong-home-prices\/","url_meta":{"origin":48920,"position":3},"title":"An unusual divergence of views has emerged over the direction of Hong Kong home prices","date":"November 22, 2016","format":false,"excerpt":"\r Hong Kong home sales in the primary and secondary residential markets are moving in opposite directions to the recent spectacular government land sale results as individual buyers stay sidelined in the wake of a higher stamp duty and an imminent US rate hike next month, industry experts say. Agents\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-coronavirus-shops-change-hands-at-a-faster-pace-as-owners-bet-on-a-retail-sales-revival-amid-tapering-covid-19\/","url_meta":{"origin":48920,"position":4},"title":"Hong Kong coronavirus: shops change hands at a faster pace as owners bet on a retail sales revival amid tapering Covid-19","date":"July 3, 2021","format":false,"excerpt":"\r Hong Kong\u2019s improving economy and a rebound in retail sales is spurring investors to bet on shops, as they expect the real estate segment to be among the first to benefit from the rising domestic consumption.The optimism has seen some early investors, including one mainland-backed company, make some big-ticket\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28513,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-reach-four-year-high-as-investors-join-buying-spree\/","url_meta":{"origin":48920,"position":5},"title":"Hong Kong home sales reach four year high as investors join buying spree","date":"October 4, 2016","format":false,"excerpt":"\r Hong Kong developers pushing new home projects at lower prices stirred up a frenetic buying spree for small flats in September, boosting total residential transactions to a four-year high. Hong Kong\u2019s Land Registry said overall property deals in the city, including flats, shops and car parking space, rose 27.9\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48920"}],"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=48920"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48920\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=48920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=48920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=48920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}