{"id":51590,"date":"2017-04-11T18:47:00","date_gmt":"2017-04-11T11:47:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-curb-purchases-of-more-than-one-flat-to-rein-in-prices\/"},"modified":"2017-04-11T19:01:41","modified_gmt":"2017-04-11T12:01:41","slug":"hong-kong-to-curb-purchases-of-more-than-one-flat-to-rein-in-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-curb-purchases-of-more-than-one-flat-to-rein-in-prices\/","title":{"rendered":"Hong Kong to curb purchases of more than one flat to rein in prices"},"content":{"rendered":"


\nThe Hong Kong government said on Tuesday it will curb purchases of more than one flat by individuals using one legal document in a bid to cool sky-high property prices in one of the world’s most expensive real estate market.
\n
\nSource : cnbc.com
\nRead more…Hong Kong to curb purchases of more than one flat to rein in prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Hong Kong government said on Tuesday it will curb purchases of more than one...<\/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-51590","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-dq6","jetpack-related-posts":[{"id":51667,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cy-leung-seeks-to-plug-housing-loophole-with-stamp-duty-rise-for-multiple-flat-purchases\/","url_meta":{"origin":51590,"position":0},"title":"CY Leung seeks to plug housing loophole with stamp duty rise for multiple flat purchases","date":"April 11, 2017","format":false,"excerpt":"\r First-time Hong Kong homebuyers purchasing multiple flats in one go will now have to pay a 15 per cent stamp duty as the \u00adgovernment finally seeks to plug a legal loophole open to exploitation by speculators. The loophole was first reported by the Post last November, days after the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42057,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-hit-new-high-as-flat-supply-expected-to-jump-in-next-two-years\/","url_meta":{"origin":51590,"position":1},"title":"Hong Kong home prices hit new high as flat supply expected to jump in next two years","date":"January 27, 2017","format":false,"excerpt":"\r Hong Kong home prices rose to a new record in December after nine straight months of gains, even after the government unveiled higher stamp duties to curb investment demand and as new home supply is expected to jump over the next two years. The monthly price index for private\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48650,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-adds-national-pledge-to-curb-housing-prices-in-government-work-report\/","url_meta":{"origin":51590,"position":2},"title":"China adds national pledge to curb housing prices in government work report","date":"March 17, 2017","format":false,"excerpt":"\r The Chinese central government has added a new line in the final version of its annual work report, pledging to curb surging property prices in big cities, as home prices in central Beijing rise to levels on par with Hong Kong. A day after the revised government work report\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-should-jail-those-who-abuse-first-time-flat-buyer-entitlements\/","url_meta":{"origin":51590,"position":3},"title":"Hong Kong should jail those who abuse first-time flat buyer entitlements","date":"June 6, 2017","format":false,"excerpt":"\r Hong Kong Financial Secretary Paul Chan Mo-po recently reminded everyone in his blog that it is a criminal offence to split residential property purchases by using other people\u2019s entitlements or to let others use one\u2019s own first-time buyer entitlement, through private arrangements, to work around the new stamp duty\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75523,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-battle-to-rein-in-building-costs-and-avoid-red-tape\/","url_meta":{"origin":51590,"position":4},"title":"Hong Kong developers battle to rein in building costs, and avoid red tape","date":"December 31, 2017","format":false,"excerpt":"\r Hong Kong is often trumpeted as one of the world\u2019s most expensive cities in which to own a home, caught as it is in the perfect storm of limited land, dense population, and strong demand. But another significant factor is often overlooked: the cost of construction here. This year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-to-push-sales-after-record-land-purchases-by-mainland-rivals\/","url_meta":{"origin":51590,"position":5},"title":"Hong Kong developers to push sales after record land purchases by mainland rivals","date":"March 7, 2017","format":false,"excerpt":"\r Hong Kong developers will be the major beneficiary of recent government land sold for shockingly high prices to mainland rivals as they take advantage of positive market sentiment to cash in on the sales upswing. Sales of new homes saw a week-on-week increase of 70 per cent over March\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\/51590"}],"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=51590"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/51590\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=51590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=51590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=51590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}