{"id":75523,"date":"2017-12-31T17:00:30","date_gmt":"2017-12-31T10:00:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-battle-to-rein-in-building-costs-and-avoid-red-tape\/"},"modified":"2017-12-31T18:03:04","modified_gmt":"2017-12-31T11:03:04","slug":"hong-kong-developers-battle-to-rein-in-building-costs-and-avoid-red-tape","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-battle-to-rein-in-building-costs-and-avoid-red-tape\/","title":{"rendered":"Hong Kong developers battle to rein in building costs, and avoid red tape"},"content":{"rendered":"<p>&#013;<br \/>\nHong 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.<\/p>\n<p>But another significant factor is often overlooked: the cost of construction here.<\/p>\n<p>This year the average price of a flat has risen 14.2 per cent, a record high, according to the Centa-City Leading Index, a gauge of the secondary housing market.<\/p>\n<p>\u201cThere are many reasons property in Hong Kong&#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\/2125990\/hong-kong-developers-battle-rein-building-costs-and-avoid\" target=\"_blank\">Hong Kong developers battle to rein in building costs, and avoid red tape<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong is often trumpeted as one of the world\u2019s most expensive cities in which&#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-75523","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-jE7","jetpack-related-posts":[{"id":114676,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pop-ups-smaller-shops-are-gaining-appeal-as-hong-kong-retailers-seek-to-lure-shoppers-and-rein-in-costs\/","url_meta":{"origin":75523,"position":0},"title":"Pop-ups, smaller shops are gaining appeal as Hong Kong retailers seek to lure shoppers and rein in costs","date":"March 3, 2020","format":false,"excerpt":"\r Distressed retailers in Hong Kong are likely to adopt pop-up spaces and short-term leases as a strategy to rein in costs in an industry battling to overcome the impact of anti-government protests and coronavirus outbreak, analysts said.Developers and landlords are also likely to allot more space for pop-up stores\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89991,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-finalists-in-battle-for-us2-1-billion-site-in-shanghai-shopping-heartland\/","url_meta":{"origin":75523,"position":1},"title":"Hong Kong developers finalists in battle for US$2.1 billion site in Shanghai shopping heartland","date":"May 31, 2018","format":false,"excerpt":"\r Hong Kong developers Shui On Land and Hongkong Land are vying for a prime plot of land in central Shanghai, a move that underscores the rising appeal of China\u2019s top cities among overseas companies. Two companies have entered the final stage of bidding for the land, according to a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51590,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-curb-purchases-of-more-than-one-flat-to-rein-in-prices\/","url_meta":{"origin":75523,"position":2},"title":"Hong Kong to curb purchases of more than one flat to rein in prices","date":"April 11, 2017","format":false,"excerpt":"\r The 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.\r \r Source : cnbc.com\r Read more...Hong Kong to curb\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40344,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-hong-kong-prices-wont-stop-rising-in-2017\/","url_meta":{"origin":75523,"position":3},"title":"Why Hong Kong prices won\u2019t stop rising in 2017","date":"January 11, 2017","format":false,"excerpt":"\r No worries, no (downward) pressure despite stamp duty The Central-Mid-Levels escalator and walkway system in Hong Kong is the longest outdoor covered escalator system in the world. Pelikh Alexey \/ Shutterstock.com Analysts do not expect home values in Hong Kong to stop rising this year, new stamp duties notwithstanding.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113447,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-set-to-vie-for-buyers-affection-as-a-glut-of-new-flats-floods-the-market\/","url_meta":{"origin":75523,"position":4},"title":"Hong Kong developers set to vie for buyers\u2019 affection as a glut of new flats floods the market","date":"January 7, 2020","format":false,"excerpt":"\r Hong Kong developers could come under pressure to reduce prices amid a spate of new project launches, according to market observers.Centaline Property Agency said on Monday that six developers who hold 5,120 unsold flats since 2016 are likely to speed up sales to avoid the soon-to-be introduced vacancy tax.Combined\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cooling-measures-in-hong-kong-and-singapore-what-works-what-doesnt\/","url_meta":{"origin":75523,"position":5},"title":"Cooling measures in Hong Kong and Singapore: what works, what doesn&#039;t","date":"April 25, 2018","format":false,"excerpt":"\r \u00a0 Governments in the two rival cities have poured icy water on their overheating housing markets, with contrasting results. By Duncan Forgan It would be fair to say that Singapore\u2019s famously stringent cooling measures haven\u2019t always made those inside the country\u2019s real estate sector feel warm and fuzzy.\u00a0 But\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2018\/04\/cool-run-ins-singapore-compressor.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75523"}],"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=75523"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75523\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}