{"id":93105,"date":"2018-07-04T07:00:36","date_gmt":"2018-07-04T00:00:36","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-transactions-down-to-a-trickle-after-hong-kong-government-takes-steps-to-tackle-housing-crisis\/"},"modified":"2018-07-04T08:04:58","modified_gmt":"2018-07-04T01:04:58","slug":"property-transactions-down-to-a-trickle-after-hong-kong-government-takes-steps-to-tackle-housing-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-transactions-down-to-a-trickle-after-hong-kong-government-takes-steps-to-tackle-housing-crisis\/","title":{"rendered":"Property transactions down to a trickle after Hong Kong government takes steps to tackle housing crisis"},"content":{"rendered":"


\nHong Kong\u2019s red hot property market is taking a breather as potential buyers held back their purchases hoping for a price correction after the government announced a slew of measures to ease the housing crisis by increasing the supply of affordable housing.
\nAgents reported that sales of small- to medium-sized homes on the secondary market dropped by a third over the weekend.
\nWhy time for just \u2018talking the talk\u2019 on housing is over for Carrie Lam
\n\u201cHomes costing below HK$5…
\n
\nSource : South China Morning Post
\nRead more…Property transactions down to a trickle after Hong Kong government takes steps to tackle housing crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s red hot property market is taking a breather as potential buyers held back...<\/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-93105","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-odH","jetpack-related-posts":[{"id":144411,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-wins-4-week-reprieve-in-hong-kong-winding-up-case-as-beijing-steps-up-efforts-to-end-housing-market-crisis\/","url_meta":{"origin":93105,"position":0},"title":"Country Garden wins 4-week reprieve in Hong Kong winding-up case as Beijing steps up efforts to end housing market crisis","date":"May 17, 2024","format":false,"excerpt":"\r A High Court in Hong Kong has adjourned the hearing on a winding-up petition against Country Garden to June 11, giving the developer more time to reorganise its finances as Beijing steps up efforts to revive the housing market.\r \r Source : South China Morning Post\r Read more...Country Garden\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113527,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-offers-three-parcels-of-land-to-help-ease-hong-kong-housing-crisis-amid-social-unrest\/","url_meta":{"origin":93105,"position":1},"title":"Sun Hung Kai Properties offers three parcels of land to help ease Hong Kong housing crisis amid social unrest","date":"January 10, 2020","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s biggest developer by market value, has offered three parcels of its land bank for the construction of 2,000 homes to help ease a housing crisis in the city.The three parcels cover 400,000 square feet in Yuen Long, Kam Tin and Kwun Tong, and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-must-tackle-abuse-of-colonial-era-policy-on-homes-in-its-villages-to-sort-out-housing-shortage\/","url_meta":{"origin":93105,"position":2},"title":"Hong Kong must tackle abuse of colonial-era policy on homes in its villages to sort out housing shortage","date":"October 14, 2018","format":false,"excerpt":"\r It took Dennis Bray, the then colonial Hong Kong government\u2019s district commissioner for the New Territories, six frenzied weeks in 1972 to draft the small-house policy that has for the past five decades shaped the lives of all of Hong Kong\u2019s 700,000 traditional villagers. Cynics say he was buying\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106135,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vacancy-tax-is-a-short-term-solution-to-hong-kongs-long-term-housing-shortage-crisis\/","url_meta":{"origin":93105,"position":3},"title":"Vacancy tax is a short-term solution to Hong Kong\u2019s long-term housing shortage crisis","date":"April 16, 2019","format":false,"excerpt":"\r The Hong Kong government plans to introduce a vacancy tax on empty new flats to pry open supply bottlenecks by imposing fines on developers for hoarding new homes. Under the proposed legislation, a tax equivalent to twice the estimated annual rental value will be levied on flats that remain\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-exercise-caution-in-pricing-new-projects-after-housing-transactions-fall-for-second-month-amid-rising-interest-rates\/","url_meta":{"origin":93105,"position":4},"title":"Hong Kong developers exercise caution in pricing new projects after housing transactions fall for second month amid rising interest rates","date":"August 2, 2022","format":false,"excerpt":"\r Property developers in Hong Kong will continue to price new projects competitively after the total value of housing transactions declined by a quarter in July amid an uptrend in the city\u2019s interest-rate cycle.\r \r Source : South China Morning Post\r Read more...Hong Kong developers exercise caution in pricing new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172432,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-housing-rally-faces-test-as-property-flippers-retreat\/","url_meta":{"origin":93105,"position":5},"title":"Hong Kong housing rally faces test as property flippers retreat","date":"August 25, 2026","format":false,"excerpt":"\r Hong Kong\u2019s housing rally faces a new test as investors who rode the first-half rebound become less active in quick-turn trades, leaving owner-occupiers and longer-term buyers to sustain the recovery. Secondary home prices have continued to rise, with Centaline\u2019s leading index climbing 0.64 per cent to 162.16 on Friday,\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\/93105"}],"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=93105"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93105\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=93105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=93105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=93105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}