{"id":75661,"date":"2018-01-03T08:01:02","date_gmt":"2018-01-03T01:01:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/supply-of-new-flats-in-hong-kong-to-more-than-meet-demand-this-year-but-concerns-remain-on-the-horizon\/"},"modified":"2018-01-03T09:03:13","modified_gmt":"2018-01-03T02:03:13","slug":"supply-of-new-flats-in-hong-kong-to-more-than-meet-demand-this-year-but-concerns-remain-on-the-horizon","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/supply-of-new-flats-in-hong-kong-to-more-than-meet-demand-this-year-but-concerns-remain-on-the-horizon\/","title":{"rendered":"Supply of new flats in Hong Kong to more than meet demand this year, but concerns remain on the horizon"},"content":{"rendered":"<p>&#013;<br \/>\nProperty buyers in Hong Kong will have plenty of choices this year as total supply of new flats will touch 35,000, with small units widely tipped to do well, despite rising prices and an anticipated increase in mortgage rates, according to market watchers.<br \/>\n\u201cFlats costing less than HK$6 million (US$768,000) will be popular among first-time buyers,\u201d said Vincent Cheung, deputy managing director for Asia valuation and advisory services at Colliers International.<br \/>\nMost of the new supply&#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\/2126393\/supply-new-flats-hk-more-meet-demand-year-concerns-remain\" target=\"_blank\">Supply of new flats in Hong Kong to more than meet demand this year, but concerns remain on the horizon<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Property buyers in Hong Kong will have plenty of choices this year as total supply&#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-75661","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-jGl","jetpack-related-posts":[{"id":5516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yuen-long-to-see-largest-supply-of-new-flats-in-hong-kong-this-year\/","url_meta":{"origin":75661,"position":0},"title":"Yuen Long to see largest supply of new flats in Hong Kong this year","date":"February 23, 2016","format":false,"excerpt":"\r Yuen Long will be the area providing the largest supply of new flats this year, suggesting that developers will adopt a low price strategy to compete for budget buyers who will have an array of choices.\r \r Source : South China Morning Post\r Read more...Yuen Long to see largest\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":75661,"position":1},"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":118331,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-posts-mixed-weekend-sales-results-as-home-buyers-are-spoilt-for-choice-amid-supply-glut-and-easy-financing-options\/","url_meta":{"origin":75661,"position":2},"title":"Hong Kong posts mixed weekend sales results as home buyers are spoilt for choice amid supply glut and easy financing options","date":"August 22, 2020","format":false,"excerpt":"\r Hong Kong\u2019s weekend home sales were mixed as buyers snapped up flats at a relatively new project in Tuen Mun while giving their collective cold shoulder to the double-digit discounts offered at scores of flats left unsold since December in Cheung Sha Wan.Henderson Land Development, the marketing agent for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70066,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nano-flats-expected-to-flood-the-hong-kong-market-as-first-time-buyers-continue-to-struggle-to-take-first-step-onto-the-property-ladder\/","url_meta":{"origin":75661,"position":3},"title":"Nano flats expected to flood the Hong Kong market as first-time buyers continue to struggle to take first step onto the property ladder","date":"October 26, 2017","format":false,"excerpt":"\r At least 2,100 nano flats are expected to be completed between now and 2020 in Hong Kong, to lure more young homebuyers into getting their first foot on the property ladder in the world\u2019s most expensive housing market. The new supply of the flats (classed as saleable areas below\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93665,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builders-raise-prices-confident-that-buyers-will-snap-up-flats-unlocked-by-vacancy-tax\/","url_meta":{"origin":75661,"position":4},"title":"Hong Kong builders raise prices, confident that buyers will snap up flats unlocked by vacancy tax","date":"July 12, 2018","format":false,"excerpt":"\r Hong Kong\u2019s home prices are showing no signs of letting up, as developers continue to raise their offer price with each successive sales launch, confident that there are enough eager property buyers to snap up any additional supply that goes on the market. For proof, look no further than\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93465,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-rush-to-sell-flats-on-concerns-new-government-measures-could-cool-demand\/","url_meta":{"origin":75661,"position":5},"title":"Hong Kong developers rush to sell flats on concerns new government measures could cool demand","date":"July 6, 2018","format":false,"excerpt":"\r Hong Kong developers are rushing to unload their unsold stocks of properties as fears grow of tougher market conditions after the government announced new measures to ease the city\u2019s long running housing problems. Last week the city\u2019s chief executive, Carrie Lam Cheng Yuet-ngor, announced a vacancy tax on newly\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\/75661"}],"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=75661"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75661\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}