{"id":96522,"date":"2018-08-23T09:53:01","date_gmt":"2018-08-23T02:53:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-third-richest-man-lui-che-woo-joins-the-chorus-of-warnings-about-the-property-market\/"},"modified":"2018-08-23T10:03:29","modified_gmt":"2018-08-23T03:03:29","slug":"hong-kongs-third-richest-man-lui-che-woo-joins-the-chorus-of-warnings-about-the-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-third-richest-man-lui-che-woo-joins-the-chorus-of-warnings-about-the-property-market\/","title":{"rendered":"Hong Kong\u2019s third-richest man, Lui Che-woo, joins the chorus of warnings about the property market"},"content":{"rendered":"


\nHong Kong\u2019s third-richest man has a word of warning for property buyers in the world\u2019s least affordable city to own a home: By all means get something to live in, but do not be sucked into speculation.
\nLui Che-woo, chairman of developer K Wah International Holdings, said on Wednesday that the US-China trade war and the Hong Kong government\u2019s policy aimed at curbing prices would cause a lot of uncertainty.
\n\u201cIt is fine to buy home for self use. But for speculation, it is…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s third-richest man, Lui Che-woo, joins the chorus of warnings about the property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s third-richest man has a word of warning for property buyers in the world\u2019s...<\/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-96522","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-p6O","jetpack-related-posts":[{"id":61788,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tycoon-to-return-hong-kongs-largest-quarry-site-to-government-for-building-10000-homes\/","url_meta":{"origin":96522,"position":0},"title":"Tycoon to return Hong Kong\u2019s largest quarry site to government for building 10,000 homes","date":"July 25, 2017","format":false,"excerpt":"\r Tycoon Lui Che-woo, a pioneer in Hong Kong\u2019s quarrying industry who later built his wealth in the property and casino industries, will hand back to the government the city\u2019s largest quarry site to make way for development of nearly 10,000 new apartments. K. Wah Construction Materials (KWCM), renamed Galaxy\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25575,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/billionaire-developer-flummoxed-by-hong-kong-land-prices\/","url_meta":{"origin":96522,"position":1},"title":"Billionaire developer flummoxed by Hong Kong land prices","date":"September 9, 2016","format":false,"excerpt":"\r Lui Che-Woo revealed that he\u2019s having trouble reading the market Hong Kong skyline at night. cozyta \/ Shutterstock Octogenarian billionaire Lui Che-Woo is struggling to read Hong Kong\u2019s property market at the moment. After more than 50 years as a leading developer in the city-state, he has failed to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112935,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-stay-on-sidelines-at-k-summit-as-hong-kongs-first-home-sale-since-november-24-district-polls-has-a-lacklustre-start\/","url_meta":{"origin":96522,"position":2},"title":"Buyers stay on sidelines at K. Summit as Hong Kong\u2019s first home sale since November 24 district polls has a lacklustre start","date":"December 7, 2019","format":false,"excerpt":"\r Hong Kong\u2019s biggest home sale since the November 24 landslide victory by opposition parties got off to a lacklustre start, as buyers continued to stay on the sidelines amid uncertainty over the city\u2019s long-term political environment.K. Wah International, chaired by the city\u2019s sixth-wealthiest man Lui Che-woo, sold 128 of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148093,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lui-che-woo-hong-kong-property-and-casino-magnate-of-k-wah-galaxy-dies-at-age-95\/","url_meta":{"origin":96522,"position":3},"title":"Lui Che-woo, Hong Kong property and casino magnate of K.Wah, Galaxy dies at age 95","date":"November 11, 2024","format":false,"excerpt":"\r Lui, the chairman of the K. Wah Group of companies, passed away peacefully, according to separate filings to the Hong Kong stock exchange by his companies.\r \r Source : South China Morning Post\r Read more...Lui Che-woo, Hong Kong property and casino magnate of K.Wah, Galaxy dies at age 95","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148373,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/farewell-to-lui-che-woo-hong-kong-and-macau-honour-legendary-tycoon\/","url_meta":{"origin":96522,"position":4},"title":"Farewell to Lui Che-woo: Hong Kong and Macau honour legendary tycoon","date":"December 4, 2024","format":false,"excerpt":"\r Dozens of politicians and business leaders honour the real estate and casino magnate.\r \r Source : South China Morning Post\r Read more...Farewell to Lui Che-woo: Hong Kong and Macau honour legendary tycoon","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39177,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-wah-pays-hk5-87-billion-for-kai-tak-site-winning-hong-kongs-final-land-auction-for-2016\/","url_meta":{"origin":96522,"position":5},"title":"K Wah pays HK$5.87 billion for Kai Tak site, winning Hong Kong\u2019s final land auction for 2016","date":"December 29, 2016","format":false,"excerpt":"\r K Wah International Holdings Ltd., the developer controlled by casino tycoon Lui Che-woo, has won the Hong Kong government\u2019s final land auction of 2016, paying HK$5.868 billion for a piece of land at the former Kai Tak airport site. The winning bid on the site, with a total gross\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\/96522"}],"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=96522"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96522\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=96522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=96522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=96522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}