{"id":50578,"date":"2017-03-31T21:45:45","date_gmt":"2017-03-31T14:45:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-of-the-215-sq-ft-home-as-hong-kong-price-boom-squeezes-buyers\/"},"modified":"2017-04-01T12:51:43","modified_gmt":"2017-04-01T05:51:43","slug":"rise-of-the-215-sq-ft-home-as-hong-kong-price-boom-squeezes-buyers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-of-the-215-sq-ft-home-as-hong-kong-price-boom-squeezes-buyers\/","title":{"rendered":"Rise of the 215 sq ft home as Hong Kong price boom squeezes buyers"},"content":{"rendered":"<p>&#013;<br \/>\nDevelopers in Hong Kong have built more micro-flats \u2013 215 sq ft or below \u2013 in the past four years than any other sized homes, according to official figures, and the trend is likely to continue.<\/p>\n<p>The number of private flats under 215 sq ft catapulted from 81 in 2013 to 206 last year, according to the Rating and Valuation Department \u2013 an increase of 154 per cent. No flats of that size were built in 2012.<\/p>\n<p>Hong Kong\u2019s February home price index rises to record<\/p>\n<p>The&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/news\/hong-kong\/education-community\/article\/2083905\/rise-215-sq-ft-home-hong-kong-price-boom-squeezes\" target=\"_blank\">Rise of the 215 sq ft home as Hong Kong price boom squeezes buyers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Developers in Hong Kong have built more micro-flats \u2013 215 sq ft or below \u2013&#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-50578","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-d9M","jetpack-related-posts":[{"id":65950,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-nano-flats-sell-well-with-low-cost-offering-for-young-buyers\/","url_meta":{"origin":50578,"position":0},"title":"Hong Kong nano flats sell well, with low-cost offering for young buyers","date":"September 9, 2017","format":false,"excerpt":"\r The developer of a new housing project offering micro flats in Tuen Mun sold nearly 90 per cent of its units on Saturday as it attracted young buyers through relatively low prices. Of 204 flats at COO Residence, 175 were sold by Saturday night. There were 2,200 prospective buyers\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123380,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/who-are-the-buyers-of-11000-sq-ft-hong-kong-mansions-that-come-with-safe-rooms-adjustable-swimming-pool-floors\/","url_meta":{"origin":50578,"position":1},"title":"Who are the buyers of 11,000 sq ft Hong Kong mansions that come with safe rooms, adjustable swimming pool floors?","date":"November 23, 2021","format":false,"excerpt":"\r The current trend in Hong Kong is for developers to launch small, affordable flats targeted at first-time buyers. However, there are some who are going in the other direction, building massive houses that are a rarity in the city.Kerry Properties, which focuses on the top-end of the luxury residential\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adjoining-luxury-flats-in-hong-kong-sell-for-a-record-hk104803-per-sq-ft-the-highest-in-asia\/","url_meta":{"origin":50578,"position":2},"title":"Adjoining luxury flats in Hong Kong sell for a record HK$104,803 per sq ft, the highest in Asia","date":"November 8, 2016","format":false,"excerpt":"\r Three days after the Hong Kong government raised the residential stamp duty to 15 per cent to rein in runaway home prices, adjoining luxury flats on The Peak sold for HK$104,803 per square foot, the most expensive for an apartment in Asia in terms of per square foot cost.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121239,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-prices-of-mid-sized-hong-kong-flats-driven-by-first-time-buyers-taking-advantage-of-relaxed-mortgage-rules-say-analysts\/","url_meta":{"origin":50578,"position":3},"title":"Record prices of mid-sized Hong Kong flats driven by first-time buyers taking advantage of relaxed mortgage rules, say analysts","date":"August 4, 2021","format":false,"excerpt":"\r More first-time buyers have been piling in to Hong Kong\u2019s property market, driving up the prices of mid-sized flats in out-of-town locations, according to analysts.Homes measuring between 431 sq ft and 752 sq ft soared to record-breaking prices in June as couples and young families snapped up second-hand units\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73531,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-snap-up-flats-in-hong-kong-development-the-cullinan-west-ii-ahead-of-possible-us-interest-rate-rise\/","url_meta":{"origin":50578,"position":4},"title":"Buyers snap up flats in Hong Kong development, the Cullinan West II, ahead of possible US interest rate rise","date":"December 2, 2017","format":false,"excerpt":"\r Buyers flocked to snap up more than 90 per cent of the units for sale in a Hong Kong residential project on Saturday, ahead of a two-day meeting by the US Federal Reserve to discuss a possible interest rate increase later in December. On Saturday morning, 130 units of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":141281,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-of-hong-kong-micro-flats-jiayuan-gets-closer-to-liquidation-after-buyers-shunned-parking-space-sized-homes\/","url_meta":{"origin":50578,"position":5},"title":"Developer of Hong Kong micro flats Jiayuan gets closer to liquidation after buyers shunned parking-space-sized homes","date":"January 11, 2024","format":false,"excerpt":"\r The company got buzz with the launch of flats as small as 131 sq ft in 2019, but poor sales and record high interest rates weighed on its debts.\r \r Source : South China Morning Post\r Read more...Developer of Hong Kong micro flats Jiayuan gets closer to liquidation after\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\/50578"}],"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=50578"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/50578\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=50578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=50578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=50578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}