{"id":95409,"date":"2018-08-04T17:08:24","date_gmt":"2018-08-04T10:08:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/supply-shortage-means-home-is-where-the-hardship-is-for-hong-kong\/"},"modified":"2018-08-04T18:03:08","modified_gmt":"2018-08-04T11:03:08","slug":"supply-shortage-means-home-is-where-the-hardship-is-for-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/supply-shortage-means-home-is-where-the-hardship-is-for-hong-kong\/","title":{"rendered":"Supply shortage means home is where the hardship is for Hong Kong"},"content":{"rendered":"


\nOur property prices are now the most expensive in the world. The average floor area of new flats keeps shrinking. Due to fears of property prices outstripping earnings, the masses have scrambled to buy flats, with the consequence of further driving up home prices.
\nContrary to conventional thinking, I encourage young people to buy homes as soon as their financial situation permits, as a hedge against the future. It is a worldwide phenomenon that property prices stay high in major cities where…
\n
\nSource : South China Morning Post
\nRead more…Supply shortage means home is where the hardship is for Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Our property prices are now the most expensive in the world. The average floor area...<\/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-95409","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-oOR","jetpack-related-posts":[{"id":122375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-needs-bold-land-supply-initiatives-to-underpin-next-growth-phase-into-a-smart-city\/","url_meta":{"origin":95409,"position":0},"title":"Hong Kong needs bold land-supply initiatives to underpin next growth phase into a smart city","date":"October 5, 2021","format":false,"excerpt":"\r Sky-high office rents, and the dichotomy that US$100 million houses can coexist alongside tiny nano flats. Such is life in Hong Kong, where real estate prices make it one of the most expensive places in the world to live in and do business.How did we get there? High business\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124024,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-sets-minimum-size-of-280-square-feet-for-flats-increases-land-supply-in-bid-to-tame-sky-high-house-prices\/","url_meta":{"origin":95409,"position":1},"title":"Hong Kong government sets minimum size of 280 square feet for flats, increases land supply in bid to tame sky-high house prices","date":"December 30, 2021","format":false,"excerpt":"\r Hong Kong\u2019s government set a larger-than-expected minimum size for the city\u2019s new homes and increased the supply of residential land to a four-year high, as the authorities announced a new housing strategy to tackle one of the most intractable socioeconomic issues in the world\u2019s least affordable city.The tiniest living\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9988,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-flats-will-account-for-30pc-of-this-years-new-supply-in-hong-kong\/","url_meta":{"origin":95409,"position":2},"title":"Small flats will account for 30pc of this year\u2019s new supply in Hong Kong","date":"April 5, 2016","format":false,"excerpt":"\r Prices of small flats, which have recorded the steepest fall from September\u2019s peak, could come under more pressure as three out of every 10 flats completed this year will be small-sized.\r \r Source : South China Morning Post\r Read more...Small flats will account for 30pc of this year\u2019s new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126287,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-deals-climb-to-three-month-high-as-owners-drop-prices-to-emigrate-offload-nano-flats\/","url_meta":{"origin":95409,"position":3},"title":"Hong Kong property deals climb to three-month high as owners drop prices to emigrate, offload nano flats","date":"May 4, 2022","format":false,"excerpt":"\r Some homeowners were in a rush to leave after their immigration applications to move abroad were approved, while others were keen to ditch their micro flats as a new size regulation promises a supply of larger units within their price range.\r \r Source : South China Morning Post\r Read\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93665,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builders-raise-prices-confident-that-buyers-will-snap-up-flats-unlocked-by-vacancy-tax\/","url_meta":{"origin":95409,"position":4},"title":"Hong Kong builders raise prices, confident that buyers will snap up flats unlocked by vacancy tax","date":"July 12, 2018","format":false,"excerpt":"\r Hong Kong\u2019s home prices are showing no signs of letting up, as developers continue to raise their offer price with each successive sales launch, confident that there are enough eager property buyers to snap up any additional supply that goes on the market. For proof, look no further than\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148677,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-10000-new-flats-set-to-hit-already-supply-heavy-market-in-2025\/","url_meta":{"origin":95409,"position":5},"title":"Hong Kong property: 10,000 new flats set to hit already supply-heavy market in 2025","date":"January 6, 2025","format":false,"excerpt":"\r Low prices will persist as developers offload inventory, but the market will fail to woo investors, according to experts.\r \r Source : South China Morning Post\r Read more...Hong Kong property: 10,000 new flats set to hit already supply-heavy market in 2025","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\/95409"}],"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=95409"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/95409\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=95409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=95409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=95409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}