{"id":68170,"date":"2017-10-04T14:52:23","date_gmt":"2017-10-04T07:52:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-lacks-creative-ideas-to-tackle-soaring-home-prices\/"},"modified":"2017-10-04T15:03:12","modified_gmt":"2017-10-04T08:03:12","slug":"hong-kong-government-lacks-creative-ideas-to-tackle-soaring-home-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-lacks-creative-ideas-to-tackle-soaring-home-prices\/","title":{"rendered":"Hong Kong government lacks creative ideas to tackle soaring home prices"},"content":{"rendered":"


\nStrong sales at new residential projects over the past holiday weekend have shown that the market wants creative housing plans such as the \u201cstarter home scheme\u201d instead of verbal warnings from top officials when it comes to tackling soaring home prices.
\nA total of 440 new flats were sold over the three-day holiday despite the government\u2019s housing price index hitting an all-time high, in defiance of Hong Kong Monetary Authority chairman Norman Chan Tak-lam\u2019s warning on…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong government lacks creative ideas to tackle soaring home prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Strong sales at new residential projects over the past holiday weekend have shown that the...<\/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-68170","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-hJw","jetpack-related-posts":[{"id":103439,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/when-it-comes-to-soaring-housing-prices-amsterdam-and-auckland-outstrip-hong-kongs-38pc-growth\/","url_meta":{"origin":68170,"position":0},"title":"When it comes to soaring housing prices, Amsterdam and Auckland outstrip Hong Kong\u2019s 38pc growth","date":"January 29, 2019","format":false,"excerpt":"\r Hong Kong has been named one of the least affordable housing markets in the world along with Amsterdam, Auckland and Vancouver in a study that showed housing affordability has shrunk considerably worldwide. Hong Kong saw real price growth of homes surge 37.6 per cent over the past five years\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62398,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-buyers-not-only-face-spiralling-property-prices-but-also-soaring-management-fees\/","url_meta":{"origin":68170,"position":1},"title":"Hong Kong home buyers not only face spiralling property prices, but also soaring management fees","date":"August 1, 2017","format":false,"excerpt":"\r As Hong Kong home prices continue soaring sky high, so too have management fees, with one developer planning to charge buyers of a so-called \u201cnano flat\u201d in Kwai Chung a monthly HK$4.8 per (US62 cents) per square foot \u2013 one of the highest levels in the New Territories. That\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80931,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-expected-to-report-upbeat-half-year-results-lifted-by-project-releases-soaring-home-prices\/","url_meta":{"origin":68170,"position":2},"title":"Hong Kong developers expected to report upbeat half-year results, lifted by project releases, soaring home prices","date":"February 25, 2018","format":false,"excerpt":"\r Hong Kong homebuilders are expected to report strong half-year and full-year earnings during the coming weeks as home prices continued to soar and sales of new flats climbed to a decade high. Sun Hung Kai Properties (SHKP), Sino Land, CK Asset Holdings, Kerry Properties and Henderson Land Development are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134560,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-soaring-housing-rent-tops-hong-kong-reducing-lion-citys-advantage-in-luring-global-talent\/","url_meta":{"origin":68170,"position":3},"title":"Singapore\u2019s soaring housing rent tops Hong Kong, reducing Lion City\u2019s advantage in luring global talent","date":"February 19, 2023","format":false,"excerpt":"\r Singapore home rents surged nearly 30 per cent last year, catching up with the notoriously high rents in rival finance hub Hong Kong and reducing one of the Lion City\u2019s advantages in the war for talent.\r \r Source : South China Morning Post\r Read more...Singapore\u2019s soaring housing rent tops\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-new-flat-sales-set-to-hit-record-this-year-in-sign-of-strong-demand-even-as-prices-soar\/","url_meta":{"origin":68170,"position":4},"title":"Hong Kong new flat sales set to hit record this year in sign of strong demand, even as prices soar","date":"October 17, 2017","format":false,"excerpt":"\r The number of new flats sold in Hong Kong this year is set to be a record, with the two biggest developers also likely to break their combined full-year sales record, in a further sign that demand for residential property in the city remains strong despite soaring prices. Centaline\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95227,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-second-tier-cities-set-for-rapid-house-price-inflation-in-coming-decade-overshadowing-hong-kong-says-dbs\/","url_meta":{"origin":68170,"position":5},"title":"China\u2019s second-tier cities set for rapid house price inflation in coming decade, overshadowing Hong Kong, says DBS","date":"August 2, 2018","format":false,"excerpt":"\r Hong Kong\u2019s soaring housing market is beginning to show signs of fatigue, an indication that it is likely to be overtaken by other Chinese cities in terms of price appreciation in the years to come, according to investment bank DBS. 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