{"id":89254,"date":"2018-05-24T05:32:13","date_gmt":"2018-05-23T22:32:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-purchases-in-hong-kong-rise-to-us38-2-billion-a-21-year-high-for-first-five-months\/"},"modified":"2018-05-24T06:03:06","modified_gmt":"2018-05-23T23:03:06","slug":"property-purchases-in-hong-kong-rise-to-us38-2-billion-a-21-year-high-for-first-five-months","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-purchases-in-hong-kong-rise-to-us38-2-billion-a-21-year-high-for-first-five-months\/","title":{"rendered":"Property purchases in Hong Kong rise to US$38.2 billion, a 21-year high for first five months"},"content":{"rendered":"


\nThe frenetic buying of homes, offices and car parks has lifted the total spend on property to HK$300.2 billion (US$38.2 billion) in less than five months this year, the highest level in the past 21 years, according to Hong Kong brokerage Midland Realty.
\nThe record for the first five months \u2013 HK$402.1 billion \u2013 was set in 1997, but analysts expect total property transaction values to set a new record in 2018, as prices rise sky high.
\nThe prices of used homes in Hong Kong have now…
\n
\nSource : South China Morning Post
\nRead more…Property purchases in Hong Kong rise to US.2 billion, a 21-year high for first five months<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The frenetic buying of homes, offices and car parks has lifted the total spend on...<\/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-89254","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-ndA","jetpack-related-posts":[{"id":123290,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-to-net-record-us6-4-billion-in-land-premium-amid-rising-demand-and-prices-of-homes\/","url_meta":{"origin":89254,"position":0},"title":"Hong Kong government to net record US$6.4 billion in land premium amid rising demand and prices of homes","date":"November 18, 2021","format":false,"excerpt":"\r The Hong Kong government is set receive a record HK$50 billion (US$6.4 billion) in land premium this year, as developers rush to build flats to capitalise on a housing shortage that is fuelling prices and demand.Land premium is the fee that developers pay to the government when a modification\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120714,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investment-in-hong-kong-non-residential-property-set-to-double-to-almost-us13-billion-this-year-cushman-says\/","url_meta":{"origin":89254,"position":1},"title":"Investment in Hong Kong non-residential property set to double to almost US$13 billion this year, Cushman says","date":"July 16, 2021","format":false,"excerpt":"\r Big-ticket investment in Hong Kong property is set to more than double this year and rise up to HK$100 billion (US$12.9 billion), the highest since 2018, as local investors and international funds make a beeline for non-residential properties.The number of non-residential sales worth more than HK$100 million each is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106803,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-pre-owned-homes-in-hong-kong-surge-to-eight-year-high-as-panicked-buyers-rush-to-beat-rising-prices\/","url_meta":{"origin":89254,"position":2},"title":"Sales of pre-owned homes in Hong Kong surge to eight-year high as panicked buyers rush to beat rising prices","date":"May 3, 2019","format":false,"excerpt":"\r Panic buying of Hong Kong property has extended to the secondary market, with sales of pre-owned apartments surging to an eight-year high of HK$40.3 billion in April.The rise was fuelled by a flurry of activity in established housing estates where flats sold for record prices as buyers scrambled to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-have-sold-hk44-6-billion-worth-of-new-homes-this-year\/","url_meta":{"origin":89254,"position":3},"title":"Hong Kong developers have sold HK$44.6 billion worth of new homes this year","date":"May 18, 2016","format":false,"excerpt":"\r Hong Kong developers had HK$44.6 billion in sales of new homes between January 1 and May 17, accounting for 44 per cent of the total transaction value in the residential market, according to Midland Realty. The last time that level was reached was in 2003.\r \r Source : South\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developer-jiayuan-says-hong-kong-micro-flats-profitable-despite-price-cuts-reports-23-per-cent-rise-in-interim-profit\/","url_meta":{"origin":89254,"position":4},"title":"Mainland Chinese developer Jiayuan says Hong Kong micro flats profitable despite price cuts, reports 23 per cent rise in interim profit","date":"August 27, 2019","format":false,"excerpt":"\r The mainland Chinese property developer behind Hong Kong\u2019s smallest micro flats ever \u2013 smaller than a car park at 128 sq ft \u2013 said the development was profitable even after it cut prices by as much as 38 per cent to as low as HK$1.73 million (US$220,514) per unit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156667,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mortgage-loans-hit-12-month-high-of-us3-4-billion\/","url_meta":{"origin":89254,"position":5},"title":"Hong Kong mortgage loans hit 12-month high of US$3.4 billion","date":"June 30, 2025","format":false,"excerpt":"\r Hong Kong\u2019s approved mortgage loans surged to a one-year high in May as more homebuyers sought to refinance their existing loans amid lower bank rates, according to data from the Hong Kong Monetary Authority (HKMA). Banks approved HK$26.6 billion (US$3.39 billion) worth of loans in May, a 5.3 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/89254"}],"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=89254"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/89254\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=89254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=89254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=89254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}