{"id":94527,"date":"2018-07-24T10:24:41","date_gmt":"2018-07-24T03:24:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-tumbling-yuan-is-stirring-up-a-property-treasure-hunt-in-the-greater-bay-area-for-hong-kong-buyers\/"},"modified":"2018-07-24T11:03:10","modified_gmt":"2018-07-24T04:03:10","slug":"the-tumbling-yuan-is-stirring-up-a-property-treasure-hunt-in-the-greater-bay-area-for-hong-kong-buyers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-tumbling-yuan-is-stirring-up-a-property-treasure-hunt-in-the-greater-bay-area-for-hong-kong-buyers\/","title":{"rendered":"The tumbling yuan is stirring up a property treasure hunt in the Greater Bay Area for Hong Kong buyers"},"content":{"rendered":"


\nThe dramatic swoon in the value of the yuan in recent weeks has fuelled a treasure hunt among Hong Kong buyers for properties in the \u201cGreater Bay Area\u201d, as the city\u2019s US-dollar linked currency translates into a sizeable discount for cash buyers.
\nThe offshore yuan, which is traded by international investors outside mainland China, has tumbled by more than 6 per cent against the US dollar since mid-June. The currency was recently quoted at 6.84, its lowest level since June 2017…
\n
\nSource : South China Morning Post
\nRead more…The tumbling yuan is stirring up a property treasure hunt in the Greater Bay Area for Hong Kong buyers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The dramatic swoon in the value of the yuan in recent weeks has fuelled a...<\/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-94527","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-oAD","jetpack-related-posts":[{"id":34610,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-stayed-off-hong-kong-property-as-yuan-weakened\/","url_meta":{"origin":94527,"position":0},"title":"Mainland Chinese buyers stayed off Hong Kong property as yuan weakened","date":"November 16, 2016","format":false,"excerpt":"\r The share of mainland Chinese buyers in Hong Kong\u2019s luxury residential property transactions declined in the third quarter, according to data by Centaline Property Agency, as the yuan weakened against the city\u2019s dollar-pegged currency. Mainland Chinese made up 15.8 per cent of buyers during the quarter, 5.5 percentage points\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/zhuhai-property-lures-hongkongers-betting-mega-bridge-will-boost-greater-bay-area\/","url_meta":{"origin":94527,"position":1},"title":"Zhuhai property lures Hongkongers betting mega bridge will boost Greater Bay Area","date":"May 1, 2019","format":false,"excerpt":"\r Hongkongers splashed out an estimated 10 billion yuan (US$1.48 billion) on homes in the Greater Bay Area last year as they bet the new Hong Kong-Macau-Zhuhai bridge would boost property prices, according to industry experts.They bought some 10,000 homes in the nine mainland Chinese cities the area covers, for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-is-the-reason-mainland-china-buyers-converge-in-hong-kong\/","url_meta":{"origin":94527,"position":2},"title":"This is the reason mainland China buyers converge in Hong Kong","date":"August 11, 2016","format":false,"excerpt":"\r Buyers from the mainland are buying residential land in the Chinese SAR in a big way Central district in Hong Kong. Image credit: IQRemix (Flickr) Fears of a devalued yuan have seen buyers from mainland China pour HKD58 billion (USD7.5 billion) on residential land and office building acquisitions in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22484,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-buyers-splash-out-hk50b-on-assets-and-land-in-hong-kong-as-yuan-devaluation-fears-continue\/","url_meta":{"origin":94527,"position":3},"title":"Mainland buyers splash out HK$50b+ on assets and land in Hong Kong as yuan devaluation fears continue","date":"August 10, 2016","format":false,"excerpt":"\r Mainland companies and developers have splashed out more than HK$50 billion on major office buildings and residential land in Hong Kong, partly driven by a fear of further depreciation in the yuan, according to the latest estimates.\r \r Source : South China Morning Post\r Read more...Mainland buyers splash out\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-policy-easing-falling-yuan-to-attract-young-hongkongers-to-greater-bay-area-cities-of-zhuhai-zhongshan-and-guangzhou\/","url_meta":{"origin":94527,"position":4},"title":"Housing policy easing, falling yuan to attract young Hongkongers to \u2018Greater Bay Area\u2019 cities of Zhuhai, Zhongshan and Guangzhou","date":"June 19, 2019","format":false,"excerpt":"\r More young Hongkongers looking to get on to the property ladder are expected to seek homes in the \u201cGreater Bay Area\u201d cities of Zhuhai, Zhongshan and Guangzhou, as a result of policy easing and a depreciating yuan, property agents have said.The agents said they have witnessed a twofold year-on-year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140054,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/greater-bay-area-property-hong-kong-retirees-look-to-buy-homes-north-of-the-border-amid-cheap-yuan-policy-support\/","url_meta":{"origin":94527,"position":5},"title":"Greater Bay Area property: Hong Kong retirees look to buy homes north of the border amid cheap yuan, policy support","date":"October 29, 2023","format":false,"excerpt":"\r Since the border reopened, Hongkongers, particularly retirees, have started to think once again about buying property in the bay area, say analysts. The falling yuan and a slew of measures to boost the market are making the prospect more attractive.\r \r Source : South China Morning Post\r Read more...Greater\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\/94527"}],"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=94527"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94527\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}