{"id":92779,"date":"2018-06-29T12:15:30","date_gmt":"2018-06-29T05:15:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-this-the-beginning-of-the-end-of-the-growth-in-hong-kongs-runaway-home-prices\/"},"modified":"2018-06-29T13:03:50","modified_gmt":"2018-06-29T06:03:50","slug":"is-this-the-beginning-of-the-end-of-the-growth-in-hong-kongs-runaway-home-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-this-the-beginning-of-the-end-of-the-growth-in-hong-kongs-runaway-home-prices\/","title":{"rendered":"Is this the beginning of the end of the growth in Hong Kong\u2019s runaway home prices?"},"content":{"rendered":"<p>&#013;<br \/>\nThe prices of lived-in homes in Hong Kong gained for a 26th straight month, but the rate of increase has slowed a bit, and is expected to slow even further in the second half after the government imposes a vacancy tax on empty flats.<br \/>\nAn index of secondary-market home prices rose 6.3 points, or 1.67 per cent, to 382.6 in May, according to data released by the Rating and Valuation Department. That is slower than the 1.76 per cent gain in April.<br \/>\nTop advisers approve proposals for vacancy tax and&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/article\/2153063\/beginning-end-growth-hong-kongs-runaway-home-prices\" target=\"_blank\">Is this the beginning of the end of the growth in Hong Kong\u2019s runaway home prices?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The prices of lived-in homes in Hong Kong gained for a 26th straight month, but&#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-92779","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-o8r","jetpack-related-posts":[{"id":94207,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yuen-long-villas-cut-prices-by-25-per-cent-becoming-the-first-casualties-of-hong-kongs-vacancy-tax\/","url_meta":{"origin":92779,"position":0},"title":"Yuen Long villas cut prices by 25 per cent, becoming the first casualties of Hong Kong\u2019s vacancy tax","date":"July 19, 2018","format":false,"excerpt":"\r Several Hong Kong developers are cutting prices for the first time in three years, slashing as much as 25 per cent off their quotations, becoming the first casualties of the city government\u2019s vacancy tax that was imposed to deter hoarding and boost supply. Paliburg Holdings and Regal International, two\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105861,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-political-message-of-hong-kongs-proposed-vacancy-tax-speaks-louder-than-its-efficacy-in-bringing-down-home-prices\/","url_meta":{"origin":92779,"position":1},"title":"The political message of Hong Kong\u2019s proposed vacancy tax speaks louder than its efficacy in bringing down home prices","date":"April 7, 2019","format":false,"excerpt":"\r Some cities in Australia and Canada have introduced some sort of vacancy tax to motivate owners to put their homes for sale or rental on the market.Vancouver, a city which Hong Kong people are very familiar with, introduced a tax, equivalent to 1 per cent of the assessed value\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106704,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-march-home-prices-rise-at-the-fastest-monthly-pace-in-30-months-as-city-struggles-to-keep-runaway-market-in-check\/","url_meta":{"origin":92779,"position":2},"title":"Hong Kong\u2019s March home prices rise at the fastest monthly pace in 30 months, as city struggles to keep runaway market in check","date":"April 30, 2019","format":false,"excerpt":"\r The prices of Hong Kong\u2019s pre-owned homes rose 2.9 per cent in March from the previous month at the fastest monthly pace in almost three years, as the city\u2019s government struggles for policy responses to keep runaway prices in check.The price index of pre-owned homes rose to 377.5 in\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":92779,"position":3},"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":103899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-glut-of-unsold-flats-could-put-more-pressure-on-prices\/","url_meta":{"origin":92779,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cheung-kong-offers-a-tax-salve-to-attract-buyers-back-to-hong-kongs-property-market\/","url_meta":{"origin":92779,"position":5},"title":"Cheung Kong offers a tax salve to attract buyers back to Hong Kong\u2019s property market","date":"November 10, 2016","format":false,"excerpt":"\r Cheung Kong Property Holdings has become the first among Hong Kong\u2019s developers to offer a salve to customers, a week after the government doubled the city\u2019s stamp duty to control runaway prices. For a month until December 15, Cheung Kong said it will foot the bill for buyer who\u2019re\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\/92779"}],"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=92779"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/92779\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=92779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=92779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=92779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}