{"id":98034,"date":"2018-09-18T07:03:05","date_gmt":"2018-09-18T00:03:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-sellers-are-cutting-their-property-prices-as-interest-rate-increase-looms\/"},"modified":"2018-09-18T08:03:56","modified_gmt":"2018-09-18T01:03:56","slug":"hong-kongs-home-sellers-are-cutting-their-property-prices-as-interest-rate-increase-looms","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-sellers-are-cutting-their-property-prices-as-interest-rate-increase-looms\/","title":{"rendered":"Hong Kong\u2019s home sellers are cutting their property prices as interest rate increase looms"},"content":{"rendered":"


\nGrowing numbers of Hong Kong flat owners are selling up for much less than offer prices \u2013 some at more than HK$7 million (US$890,000) below bank valuation \u2013 as a rise in interest rates looms next week.
\nAccording to the latest data from CLSA, the offshore arm of China\u2019s biggest brokerage, between August 1 and September 6, at least 29 cases of low to mid-range properties were recorded as being sold for much less, 19 of them at below Hang Seng Bank valuations.
\n\u201c[Homeowners…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s home sellers are cutting their property prices as interest rate increase looms<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Growing numbers of Hong Kong flat owners are selling up for much less than offer...<\/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-98034","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-pvc","jetpack-related-posts":[{"id":172026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-sales-more-measured-as-interest-rate-increase-looms\/","url_meta":{"origin":98034,"position":0},"title":"Hong Kong property sales more measured as interest rate increase looms","date":"June 19, 2026","format":false,"excerpt":"\r Hong Kong homebuyers showed interest in 130 flats put on sale by developers on Thursday evening, but the pace of buying was more measured after an interest-rate increase later this year became more likely. Agents said 30 of the 75 units put on sale at Phase 4B of La\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-glut-of-unsold-flats-could-put-more-pressure-on-prices\/","url_meta":{"origin":98034,"position":1},"title":"Hong Kong\u2019s glut of unsold flats could put more pressure on prices","date":"February 12, 2019","format":false,"excerpt":"\r Hong Kong home builders could face greater pressure to slash \u00adprices as the number of completed but unsold new flats they held increased at the end of last year. Analysts said some home builders would offload stock by cutting prices by 5 per cent to 10 per cent from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-looms-large-over-hong-kongs-office-market-as-companies-implement-work-from-home\/","url_meta":{"origin":98034,"position":2},"title":"Covid-19 looms large over Hong Kong\u2019s office market as companies implement work-from-home","date":"February 4, 2022","format":false,"excerpt":"\r The office market in Hong Kong will continue to be disrupted by the work-from-home trend this year as the coronavirus pandemic rages on, a UBS real estate analyst said.With new office supply coming on to the market this year, more multinational firms may take the opportunity to consolidate their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-apartment-hunters-find-cause-for-pause-in-bearish-forecast-and-pending-rate-rise\/","url_meta":{"origin":98034,"position":3},"title":"Hong Kong\u2019s apartment hunters find cause for pause in bearish forecast and pending rate rise","date":"June 11, 2017","format":false,"excerpt":"\r Hong Kong\u2019s voracious apartment investors appear to be taking a breather, as a Deutsche Bank forecast of collapsing property prices and next week\u2019s expected interest rate increase are finally begin to weigh on buyers to give them cause for pause. A mere 80 units were transacted as of 6pm\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-dip-as-december-slowdown-looms-amid-tragedy-holiday-lull\/","url_meta":{"origin":98034,"position":4},"title":"Hong Kong home sales dip as December slowdown looms amid tragedy, holiday lull","date":"December 2, 2025","format":false,"excerpt":"\r Hong Kong\u2019s property deals slipped slightly in November after two months of gains, government data showed, with analysts warning of a deeper pullback this month as the Christmas holidays along with deferred launches of new homes following the deadly fire in Tai Po weigh on sentiment. Sales of new\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":98034,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98034"}],"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=98034"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98034\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=98034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=98034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=98034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}