{"id":75387,"date":"2017-12-28T19:00:45","date_gmt":"2017-12-28T12:00:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-regulator-sets-rules-for-sale-of-uncompleted-overseas-property-for-the-first-time\/"},"modified":"2017-12-28T20:03:09","modified_gmt":"2017-12-28T13:03:09","slug":"hong-kong-regulator-sets-rules-for-sale-of-uncompleted-overseas-property-for-the-first-time","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-regulator-sets-rules-for-sale-of-uncompleted-overseas-property-for-the-first-time\/","title":{"rendered":"Hong Kong regulator sets rules for sale of uncompleted overseas property for the first time"},"content":{"rendered":"<p>&#013;<br \/>\nThe regulator of property agents in Hong Kong has issued guidelines for the sale of uncompleted overseas properties by local agents following repeated complaints by buyers, a move supported by companies in the sector.<\/p>\n<p>The Estate Agents Authority issued a practice circular on the sale of uncompleted properties situated outside Hong Kong after numerous complaints about such properties not being completed and the misrepresentation of property information by agents, said Horace Cheung Kwok-kwan&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/article\/2126024\/hong-kong-regulator-sets-rules-sale-uncompleted-overseas-property-first\" target=\"_blank\">Hong Kong regulator sets rules for sale of uncompleted overseas property for the first time<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The regulator of property agents in Hong Kong has issued guidelines for the sale of&#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-75387","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-jBV","jetpack-related-posts":[{"id":128430,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-buyers-of-uncompleted-properties-overseas-from-hong-kong-should-do-to-protect-their-interests\/","url_meta":{"origin":75387,"position":0},"title":"What buyers of uncompleted properties overseas from Hong Kong should do to protect their interests","date":"August 2, 2022","format":false,"excerpt":"\r Investors should tread carefully and seek professional advice because of the inherent risks associated with buying uncompleted properties overseas.\r \r Source : South China Morning Post\r Read more...What buyers of uncompleted properties overseas from Hong Kong should do to protect their interests","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-risks-do-hongkongers-face-while-buying-uncompleted-property-abroad\/","url_meta":{"origin":75387,"position":1},"title":"What risks do Hongkongers face while buying uncompleted property abroad?","date":"November 10, 2020","format":false,"excerpt":"\r Over the past few years, it is becoming more popular for Hong Kong people to purchase non-local properties. The risk they face is high, especially when those properties are still under construction, or are yet to be completed.\r\rCurrently, there is no relevant legislation governing the sale of non-local properties\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121860,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-beware-investors-of-real-estate-assets-beyond-hong-kong-should-be-aware-of-risks-rules-and-complications\/","url_meta":{"origin":75387,"position":2},"title":"Buyers beware: investors of real estate assets beyond Hong Kong should be aware of risks, rules and complications","date":"September 7, 2021","format":false,"excerpt":"\r Purchasing properties situated outside Hong Kong, particularly uncompleted ones, is complicated and full of risks.Consumers should study all related information before making a purchase decision and be extremely vigilant when investing in these properties so as to protect their own interests.In Hong Kong, there is no legal requirement that\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110238,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-watchdog-extends-purview-to-regulate-licensed-property-agents-selling-incomplete-overseas-property\/","url_meta":{"origin":75387,"position":3},"title":"Hong Kong watchdog extends purview to regulate licensed property agents selling incomplete overseas property","date":"August 27, 2019","format":false,"excerpt":"\r The interest of Hong Kong people in purchasing properties situated outside Hong Kong has been on the rise in recent years. At the same time, there has also been an increase in the number of companies, including licensed property agents, taking part in the sale of such properties.\r\rHowever, most\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-complaints-as-overseas-sales-sting-hong-kong-investors\/","url_meta":{"origin":75387,"position":4},"title":"Record complaints as overseas sales sting Hong Kong investors","date":"January 24, 2017","format":false,"excerpt":"\r A leap in complaints about properties bought overseas resulted in the regulatory body for estate agents dealing with a record number of cases last year. The Estate Agents Authority (EAA) said on Tuesday it received 475 gripes in total, up 51 per cent on 2015. This was largely the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122043,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-bochk-among-lenders-staying-away-from-kwai-hungs-mangrove-project-amid-caution-around-mortgage-lending\/","url_meta":{"origin":75387,"position":5},"title":"HSBC, BOCHK among lenders staying away from Kwai Hung\u2019s Mangrove project amid caution around mortgage lending","date":"September 17, 2021","format":false,"excerpt":"\r Hong Kong banks are becoming more cautious in their mortgage lending, particularly for incomplete projects built by smaller developers.HSBC, Bank of China (Hong Kong), Hang Seng Bank, Bank of East Asia (BEA) and Standard Chartered are among lenders that have stayed away from mortgages for uncompleted units at Kwai\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\/75387"}],"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=75387"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75387\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}