{"id":93597,"date":"2018-07-11T08:01:22","date_gmt":"2018-07-11T01:01:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-the-story-of-north-point-housing-estate-highlights-hong-kongs-property-woes\/"},"modified":"2018-07-11T09:04:17","modified_gmt":"2018-07-11T02:04:17","slug":"how-the-story-of-north-point-housing-estate-highlights-hong-kongs-property-woes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-the-story-of-north-point-housing-estate-highlights-hong-kongs-property-woes\/","title":{"rendered":"How the story of North Point housing estate highlights Hong Kong\u2019s property woes"},"content":{"rendered":"<p>&#013;<br \/>\nSun Hung Kai Properties offered a studio unit in North Point last week measuring a mere 286 square feet (26 square metres) for an eye-popping HK$10.25 million (US$1.3 million), four months after a larger apartment set a price record for the east of Hong Kong Island.<br \/>\nThe developer\u2019s Victoria Harbour project was rebuilt from the North Point Estate, seven 11-storey blocks of public housing built in 1957 that gave lifts, private kitchens, bathrooms and balconies to residents for the first&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2154628\/how-story-north-point-housing-estate-highlights-hong-kongs\" target=\"_blank\">How the story of North Point housing estate highlights Hong Kong\u2019s property woes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Sun Hung Kai Properties offered a studio unit in North Point last week measuring a&#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-93597","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-olD","jetpack-related-posts":[{"id":93695,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tsing-yis-hk3-2-million-estate-flat-sets-record-as-hong-kongs-housing-market-fever-persists\/","url_meta":{"origin":93597,"position":0},"title":"Tsing Yi\u2019s HK$3.2 million estate flat sets record as Hong Kong\u2019s housing market fever persists","date":"July 12, 2018","format":false,"excerpt":"\r Hong Kong\u2019s first-time homebuyers, priced out of prime locations in the world\u2019s priciest residential market, are casting their eyes to the city\u2019s public housing estates in blue-collar neighbourhoods, driving up the prices of subsidised homes which were previously reserved for low-income households. A 30-year-old studio unit measuring 150 square\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95033,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-reclamation-is-key-to-solving-hong-kongs-housing-woes-says-tycoon-ronnie-chan\/","url_meta":{"origin":93597,"position":1},"title":"Land reclamation is key to solving Hong Kong\u2019s housing woes, says tycoon Ronnie Chan","date":"July 30, 2018","format":false,"excerpt":"\r Land reclamation is the key to tackling the housing crisis that has made Hong Kong the world\u2019s most expensive property market, according to tycoon Ronnie Chan Chi-chung. \u201cOtherwise, it will be difficult to solve the land shortage problem in Hong Kong,\u201d he said after his company Hang Lung Properties\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-all-working-for-landlords-readers-share-their-views-on-hong-kongs-housing-woes\/","url_meta":{"origin":93597,"position":2},"title":"We\u2019re all working for landlords: readers share their views on Hong Kong\u2019s housing woes","date":"May 26, 2016","format":false,"excerpt":"\r \u201cLet\u2019s face it, all of us in Hong Kong are just working for landlords,\u201d a reader said in response to my last column on the sorry state of housing in our city.\r \r Source : South China Morning Post\r Read more...We\u2019re all working for landlords: readers share their views\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118711,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-eye-guishan-islands-reclamation-to-augment-lantau-plan-in-easing-hong-kongs-land-woes-in-test-for-greater-bay-area\/","url_meta":{"origin":93597,"position":3},"title":"Developers eye Guishan Island\u2019s reclamation to augment Lantau plan in easing Hong Kong\u2019s land woes in test for Greater Bay Area","date":"September 23, 2020","format":false,"excerpt":"\r A guild of developers and real estate professionals have proposed to reclaim several islands lying in the sea between Lantau Island and Macau to augment the Hong Kong government\u2019s HK$624 billion (US$80 billion) Lantau Tomorrow reclamation project for alleviating the city\u2019s land shortage.The proposal by the 229-member Hong Kong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-china-vanke-sets-low-prices-for-first-hong-kong-housing-estate-in-tuen-mun\/","url_meta":{"origin":93597,"position":4},"title":"Mainland developer China Vanke sets low prices for first Hong Kong housing estate in Tuen Mun","date":"September 22, 2018","format":false,"excerpt":"\r China Vanke, the mainland\u2019s second-largest developer by sales, has priced apartments at its first wholly-owned residential development in Hong Kong\u2019s Tuen Mun starting at HK$9,878 (US$1,265) per square foot \u2013 cheaper than 30-year-old subsidised housing in the area. The average price for the first batch of 231 units at\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115792,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bids-for-hong-kongs-land-tenders-may-come-in-with-20-per-cent-discounts-foretelling-more-woes-for-citys-real-estate-industry\/","url_meta":{"origin":93597,"position":5},"title":"Bids for Hong Kong\u2019s land tenders may come in with 20 per cent discounts, foretelling more woes for city\u2019s real estate industry","date":"April 22, 2020","format":false,"excerpt":"\r Three plots of land the Hong Kong government is going to sell through tender could attract bids that are up to 20 per cent below mid-2019 levels, which in turn could determine transaction volume and prices in the world\u2019s most expensive property market, industry consultants said.A residential plot in\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\/93597"}],"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=93597"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93597\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=93597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=93597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=93597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}