{"id":63718,"date":"2017-08-15T13:01:54","date_gmt":"2017-08-15T06:01:54","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-out-of-10-hk-flats-under-construction-are-now-mini-flats-as-home-prices-soar-beyond-the-reach-of-general-public\/"},"modified":"2017-08-15T13:09:02","modified_gmt":"2017-08-15T06:09:02","slug":"three-out-of-10-hk-flats-under-construction-are-now-mini-flats-as-home-prices-soar-beyond-the-reach-of-general-public","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-out-of-10-hk-flats-under-construction-are-now-mini-flats-as-home-prices-soar-beyond-the-reach-of-general-public\/","title":{"rendered":"Three out of 10 HK flats under construction are now \u2018mini-flats\u2019 as home prices soar beyond the reach of general public"},"content":{"rendered":"<p>&#013;<br \/>\nThree out of 10 units under construction right now in Hong Kong are mirco-flats, sized less than 200 square feet, as prices for anything much larger have soared beyond the reach of the average buyer.<br \/>\nMore than 10,470 units in 26 private residential projects were approved by the Building Department to begin work in the first five months of the year, according to a survey by South China Morning Post.<br \/>\nBuilding plans for these approved projects show more than 3,200 flats are less than 200 square&#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\/2106852\/three-out-10-hk-flats-under-construction-are-now-mini-flats\" target=\"_blank\">Three out of 10 HK flats under construction are now \u2018mini-flats\u2019 as home prices soar beyond the reach of general public<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Three out of 10 units under construction right now in Hong Kong are mirco-flats, sized&#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-63718","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-gzI","jetpack-related-posts":[{"id":122656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-mania-inflates-prices-of-even-the-tiniest-flats-putting-affordability-beyond-reach-for-most-first-time-buyers\/","url_meta":{"origin":63718,"position":0},"title":"Hong Kong\u2019s property mania inflates prices of even the tiniest flats, putting affordability beyond reach for most first-time buyers","date":"October 19, 2021","format":false,"excerpt":"\r A real estate bull market in Hong Kong, the world\u2019s most expensive major city for 10 consecutive years until 2019, has trickled over to inflate the prices of even the smallest habitable homes.The average cost of new micro-apartments, or flats smaller than 200 square feet (18.6 square metres), rose\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-to-offer-more-than-200-flats-amid-rate-optimism\/","url_meta":{"origin":63718,"position":1},"title":"Hong Kong developers to offer more than 200 flats amid rate optimism","date":"August 15, 2025","format":false,"excerpt":"\r Hong Kong developers are selling more than 200 residential units on Friday, taking advantage of improved buying sentiment fuelled by anticipation that interest rates will start to fall as early as next month. Two projects account for most of the available homes. A consortium led by Sino Land will\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51568,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/older-flats-below-hk4m-harder-to-find-as-home-prices-soar\/","url_meta":{"origin":63718,"position":2},"title":"Older flats below HK$4m harder to find as home prices soar","date":"April 11, 2017","format":false,"excerpt":"\r The stream of new flats selling for record-breaking prices has spilled over to the secondary residential market, with flats at major housing estates surging 30 per cent in price in just one year, say industry experts. With the steep rise in home prices, flats costing less than HK$4 million\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119047,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-raises-prices-of-new-flats-at-pavilia-farm-project-in-tai-wai-after-first-phase-units-sold-like-hot-cakes\/","url_meta":{"origin":63718,"position":3},"title":"New World raises prices of new flats at Pavilia Farm project in Tai Wai after first phase units sold like hot cakes","date":"October 28, 2020","format":false,"excerpt":"\r New World Development priced the second phase of its newest residential project on top of Tai Wai Station in the New Territories 4.8 per cent higher than the first, which sold out in well under two weeks.The first batch of 337 flats at The Pavilia Farm, measuring 264 square\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104851,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-first-home-buyers-snap-up-hendersons-vantage-flats-in-hung-hom-giving-respite-to-declining-property-prices\/","url_meta":{"origin":63718,"position":4},"title":"Hong Kong\u2019s first-home buyers snap up Henderson\u2019s Vantage flats in Hung Hom, giving respite to declining property prices","date":"March 9, 2019","format":false,"excerpt":"\r Hong Kong\u2019s weekend property buyers are back, as more than 2,000 people thronged a sales office to bid for 246 flats offered by Henderson Land Development in Hung Hom.The selling price of Henderson\u2019s Vantage project starts from HK$3.83 million for the smallest 170 square feet unit, to HK$8.57 million\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":63718,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/63718"}],"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=63718"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/63718\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=63718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=63718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=63718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}