{"id":94679,"date":"2018-07-25T20:41:06","date_gmt":"2018-07-25T13:41:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-breaking-sale-of-hk10-million-subsidised-flat-prompts-calls-for-further-public-housing-restrictions-in-hong-kong\/"},"modified":"2018-07-25T23:03:03","modified_gmt":"2018-07-25T16:03:03","slug":"record-breaking-sale-of-hk10-million-subsidised-flat-prompts-calls-for-further-public-housing-restrictions-in-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-breaking-sale-of-hk10-million-subsidised-flat-prompts-calls-for-further-public-housing-restrictions-in-hong-kong\/","title":{"rendered":"Record-breaking sale of HK$10 million subsidised flat prompts calls for further public housing restrictions in Hong Kong"},"content":{"rendered":"


\nHong Kong\u2019s subsidised housing market is setting fresh records, with a government-built flat being sold for more than HK$10 million (US$1.27 million), despite new measures aimed at taming runaway property prices.
\nAt the same time, market watchers are looking for signs of a tipping point after major developer Sun Hung Kai Properties (SHKP) put flats at one its latest projects on sale at the cheapest prices so far this year.
\nA three-bedroom, 592 sq ft flat at Charming Garden estate, a Home…
\n
\nSource : South China Morning Post
\nRead more…Record-breaking sale of HK million subsidised flat prompts calls for further public housing restrictions in Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s subsidised housing market is setting fresh records, with a government-built flat being sold...<\/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-94679","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-oD5","jetpack-related-posts":[{"id":123773,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-spent-a-record-us4-5-billion-to-buy-lived-in-subsidised-homes-amid-soaring-private-flat-prices\/","url_meta":{"origin":94679,"position":0},"title":"Hongkongers spent a record US$4.5 billion to buy lived-in subsidised homes amid soaring private flat prices","date":"December 13, 2021","format":false,"excerpt":"\r Hong Kong sales of lived-in subsidised homes rose to a record HK$34.9 billion (US$4.5 billion) for the first 11 months, as buyers rush for cheaper alternatives amid a surge in private home prices that have pushed them beyond general affordability.The transaction value of lived-in flats under the Home Ownership\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/market-abuzz-as-to-where-subsidised-housing-sites-will-be-at-former-hong-kong-airport-site\/","url_meta":{"origin":94679,"position":1},"title":"Market abuzz as to where subsidised housing sites will be at former Hong Kong airport site","date":"July 10, 2018","format":false,"excerpt":"\r Betting on who will win the 2018 Fifa World Cup has become so banal.\u00a0 Homebuyers in Hong Kong are gripped by an intrigue that is far more captivating: guessing where exactly the government plans to reassign land at the former Kai Tak airport to build subsidised flats on. These\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106983,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whats-the-difference-among-hong-kongs-subsidised-housing-schemes-and-who-can-buy\/","url_meta":{"origin":94679,"position":2},"title":"What\u2019s the difference among Hong Kong\u2019s subsidised housing schemes, and who can buy?","date":"May 10, 2019","format":false,"excerpt":"\r Who can buy under the Home Ownership Scheme?Public housing tenants can buy either new or used flats under the scheme without paying a premium to the Housing Authority if they surrender the public housing flats they are renting.Hong Kong families with a maximum gross monthly income of HK$60,000 (US$7,600)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":94679,"position":3},"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 "Property News"","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":94679,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116503,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-ck-asset-wins-hong-kongs-first-plot-of-land-earmarked-for-private-and-subsidised-starter-homes-for-lowly-hk4-9-billion-as-covid-19-batters-property-market\/","url_meta":{"origin":94679,"position":5},"title":"Developer CK Asset wins Hong Kong\u2019s first plot of land earmarked for private and subsidised starter homes for lowly HK$4.9 billion as Covid-19 batters property market","date":"May 19, 2020","format":false,"excerpt":"\r CK Asset Holdings has won Hong Kong\u2019s first ever plot of land earmarked for a mixture of private and government-subsidised homes developed by private builders, for a price at the lower end of market expectations.The second-biggest developer in Hong Kong by value will pay HK$4.95 billion (US$638.8 million) for\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\/94679"}],"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=94679"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94679\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}