{"id":94639,"date":"2018-07-25T17:21:58","date_gmt":"2018-07-25T10:21:58","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-cheapest-flats-this-year-and-sales-of-us1-6-billion-of-property-is-hong-kongs-market-cooling\/"},"modified":"2018-07-25T18:02:48","modified_gmt":"2018-07-25T11:02:48","slug":"the-cheapest-flats-this-year-and-sales-of-us1-6-billion-of-property-is-hong-kongs-market-cooling","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-cheapest-flats-this-year-and-sales-of-us1-6-billion-of-property-is-hong-kongs-market-cooling\/","title":{"rendered":"The cheapest flats this year and sales of US$1.6 billion of property: is Hong Kong\u2019s market cooling?"},"content":{"rendered":"


\nHong Kong developer Sun Hung Kai Properties has put flats at one of its latest projects on sale at the cheapest prices this year, in a possible sign that the property market may be cooling in the world\u2019s most expensive city to own a home.
\nAdding to the new note of caution are plans by two large property investors in the city to sell chunks of their commercial and residential holdings worth a combined HK$12.5 billion (US$1.6 billion). Analysts note headwinds including government measures…
\n
\nSource : South China Morning Post
\nRead more…The cheapest flats this year and sales of US.6 billion of property: is Hong Kong\u2019s market cooling?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong developer Sun Hung Kai Properties has put flats at one of its latest...<\/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-94639","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-oCr","jetpack-related-posts":[{"id":96321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/few-takers-for-latest-batch-of-flats-at-hong-kongs-cheapest-residential-project-this-year\/","url_meta":{"origin":94639,"position":0},"title":"Few takers for latest batch of flats at Hong Kong\u2019s cheapest residential project this year","date":"August 20, 2018","format":false,"excerpt":"\r Less than half the flats on offer at a residential project in Yuen Long were sold on Sunday where a few buyers forfeited huge deposits deals last week, with analysts pointing out that investors are having second thoughts amid rising mortgage rates, US-China trade war, struggling stock market and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96587,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nan-fung-prices-new-flats-below-market-rate-as-cooling-measures-threaten-hong-kongs-property-rally\/","url_meta":{"origin":94639,"position":1},"title":"Nan Fung prices new flats below market rate as cooling measures threaten Hong Kong\u2019s property rally","date":"August 24, 2018","format":false,"excerpt":"\r Nan Fung Development has become the second Hong Kong developer to sell new homes below market price as the property market in the world\u2019s least affordable city starts to feel the effects of rising interest rates, cooling measures and a slowing Chinese economy. Housing policies announced by the city\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-leading-property-broker-centaline-cries-foul-as-sino-land-sets-below-market-commission-rate\/","url_meta":{"origin":94639,"position":2},"title":"Hong Kong\u2019s leading property broker Centaline cries foul as Sino Land sets below market commission rate","date":"January 3, 2019","format":false,"excerpt":"\r The ties between Hong Kong\u2019s property developers and sales agents are fraying, as declining prices in a cooling market crimps profit margins, causing the two former partners to turn against each other. On December 29, Sino Land said it would pay just 1.7 per cent in commission fees for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-hong-kong-flats-appears-to-defy-cooling-measures\/","url_meta":{"origin":94639,"position":3},"title":"Demand for Hong Kong flats appears to defy cooling measures","date":"February 6, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residential property sector appears to be defying the government\u2019s best efforts to cool the market, as home prices continue to hit new highs. China Overseas Land & Investment said a 1,606 square-foot unit at Kai Tak, site of the city\u2019s former airport, sold for HK$48.19 million, or\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64824,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tiny-flats-9pc-pricier-than-larger-homes-per-sq-ft\/","url_meta":{"origin":94639,"position":4},"title":"Hong Kong\u2019s tiny flats 9pc pricier than larger homes per sq ft","date":"August 29, 2017","format":false,"excerpt":"\r Hong Kong\u2019s second-hand tiny flats are 9 per cent more expensive than larger ones on a per square foot basis, as record-high home prices and government cooling measures have created a mismatch between supply and demand. The average per square foot price of second-hand flats smaller than 400 square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121597,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-supply-of-luxury-homes-to-hit-new-high-after-demand-from-wealthy-buyers-more-than-doubles-amid-covid-19\/","url_meta":{"origin":94639,"position":5},"title":"Hong Kong\u2019s supply of luxury homes to hit new high after demand from wealthy buyers more than doubles amid Covid-19","date":"August 23, 2021","format":false,"excerpt":"\r The supply for luxury homes in Hong Kong\u2019s ultra-exclusive neighbourhood of The Peak is likely to hit 404,000 sq ft in 2024, the highest level since 2016, after demand boosted sales of mansions and high-end flats in the district by more than double to HK$12.8 billion (US$1.6 billion) in\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\/94639"}],"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=94639"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94639\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}