{"id":83535,"date":"2018-03-23T11:46:36","date_gmt":"2018-03-23T04:46:36","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-home-shortfall-points-to-further-upwards-price-pressure-at-least-for-this-year\/"},"modified":"2018-03-23T12:03:07","modified_gmt":"2018-03-23T05:03:07","slug":"hong-kongs-new-home-shortfall-points-to-further-upwards-price-pressure-at-least-for-this-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-home-shortfall-points-to-further-upwards-price-pressure-at-least-for-this-year\/","title":{"rendered":"Hong Kong\u2019s new home shortfall points to further upwards price pressure, at least for this year"},"content":{"rendered":"


\nThe number of private flats being completed in Hong Kong will not meet the government\u2019s supply target of 20,000 units until 2019, providing further evidence that home prices are likely to continue to trend higher, at least this year.
\nThe number of completed flats is expected to edge up 1.9 per cent to 18,130 this year, and further rise to 20,370 in 2019, according to preliminary data released by the Rating and Valuation Department in its annual review on the local property market on…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s new home shortfall points to further upwards price pressure, at least for this year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The number of private flats being completed in Hong Kong will not meet the government\u2019s...<\/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-83535","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-lJl","jetpack-related-posts":[{"id":99198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nan-fung-cuts-price-of-new-flats-as-hong-kongs-property-market-sours-further\/","url_meta":{"origin":83535,"position":0},"title":"Nan Fung cuts price of new flats as Hong Kong\u2019s property market sours further","date":"October 5, 2018","format":false,"excerpt":"\r A second developer has lowered the asking price of brand new flats in Hong Kong as a toxic combination of rising interest rates, a struggling stock market and the fallout from the US-China trade war dampen demand in the world\u2019s most expensive property market. Nan Fung Development has priced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-glut-of-unsold-flats-could-put-more-pressure-on-prices\/","url_meta":{"origin":83535,"position":1},"title":"Hong Kong\u2019s glut of unsold flats could put more pressure on prices","date":"February 12, 2019","format":false,"excerpt":"\r Hong Kong home builders could face greater pressure to slash \u00adprices as the number of completed but unsold new flats they held increased at the end of last year. Analysts said some home builders would offload stock by cutting prices by 5 per cent to 10 per cent from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-and-rents-of-hong-kongs-tiny-flats-to-fall-this-year-as-coronavirus-driven-uncertainty-hits-demand-amid-oversupply\/","url_meta":{"origin":83535,"position":2},"title":"Prices and rents of Hong Kong\u2019s tiny flats to fall this year as coronavirus-driven uncertainty hits demand amid oversupply","date":"April 7, 2020","format":false,"excerpt":"\r The prices and rents of Hong Kong\u2019s tiny flats \u2013 those measuring less than 215 sq ft \u2013 are expected to fall this year as the coronavirus pandemic continues to weigh on the city\u2019s property sector, affecting demand amid a surfeit of supply, analysts said.Last year, 982 such flats\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85296,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-hoard-of-empty-flats-aggravates-hong-kongs-housing-crisis-will-a-tax-fix-it\/","url_meta":{"origin":83535,"position":3},"title":"Developers\u2019 hoard of empty flats aggravates Hong Kong\u2019s housing crisis. Will a tax fix it?","date":"April 15, 2018","format":false,"excerpt":"\r Close to 300 flats lie disturbingly vacant in a completed new residential development in Ho Man Tin even as the Hong Kong government struggles to resolve the perennial short supply of housing in the world\u2019s most expensive property market. The 1,429-unit Mantin Heights project in Ho Man Tin was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119065,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-flats-defy-hong-kongs-recession-gaining-in-price-as-larger-homes-continue-to-lose-value\/","url_meta":{"origin":83535,"position":4},"title":"Small flats defy Hong Kong\u2019s recession, gaining in price as larger homes continue to lose value","date":"October 30, 2020","format":false,"excerpt":"\r Small apartments appear to be bucking a downward trend in Hong Kong\u2019s property sector, gaining in price as the city struggles with a crippling recession.The prices of bigger homes and commercial property are falling as the coronavirus pandemic, which followed months of social upheaval, has wrought havoc on the\u2026","rel":"","context":"In "Property News"","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":83535,"position":5},"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. 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