{"id":98357,"date":"2018-09-22T08:33:43","date_gmt":"2018-09-22T01:33:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-last-leader-of-hong-kong-tried-anti-speculator-taxes-to-attack-demand-but-home-prices-soared-52-per-cent\/"},"modified":"2018-09-22T09:03:03","modified_gmt":"2018-09-22T02:03:03","slug":"the-last-leader-of-hong-kong-tried-anti-speculator-taxes-to-attack-demand-but-home-prices-soared-52-per-cent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-last-leader-of-hong-kong-tried-anti-speculator-taxes-to-attack-demand-but-home-prices-soared-52-per-cent\/","title":{"rendered":"The last leader of Hong Kong tried anti-speculator taxes to attack demand \u2013 but home prices soared 52 per cent"},"content":{"rendered":"


\nThe last chief executive of Hong Kong also tried to tame runaway home prices. Instead, over his five years in office, home prices surged 52 per cent.
\nLeung Chun-ying focused on demand, thinking that a variety of aggressive stamp duties would curb investors from snapping up multiple units. Then more flats would be available for average Hongkongers, his thinking went.
\nThat contrasts with Chief Executive Carrie Lam Cheng, who is trying to unlock supply through a vacancy tax proposed in June that…
\n
\nSource : South China Morning Post
\nRead more…The last leader of Hong Kong tried anti-speculator taxes to attack demand \u2013 but home prices soared 52 per cent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The last chief executive of Hong Kong also tried to tame runaway home prices. Instead,...<\/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-98357","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-pAp","jetpack-related-posts":[{"id":114415,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-no-longer-in-huruns-top-50-cities-for-fastest-growing-home-prices-after-social-unrest-killed-off-demand\/","url_meta":{"origin":98357,"position":0},"title":"Hong Kong no longer in Hurun\u2019s top 50 cities for fastest-growing home prices after social unrest killed off demand","date":"February 21, 2020","format":false,"excerpt":"\r Hong Kong\u2019s home prices are no longer among the fastest growing on the planet, after months of volatile street protests destroyed demand, according to a new report by Shanghai-based Hurun.The city, famous for its exorbitant property prices, has fallen off Hurun\u2019s annual list of the top 50 cities ranked\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investment-in-hong-kong-commercial-property-dropped-52-per-cent-last-year-as-protests-hit-demand-across-sector-cbre-says\/","url_meta":{"origin":98357,"position":1},"title":"Investment in Hong Kong commercial property dropped 52 per cent last year, as protests hit demand across sector, CBRE says","date":"January 16, 2020","format":false,"excerpt":"\r Investment in Hong Kong office and retail properties plunged by 52 per cent last year to HK$$68.9 billion (US$8.9 billion), the largest decline in a single year since 2011, property consultancy CBRE said on Wednesday.The ongoing anti-government protests and economic uncertainty had weakened demand across all sections of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142103,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-home-prices-slump-to-lowest-since-january-2017-as-high-interest-rates-undercut-demand\/","url_meta":{"origin":98357,"position":2},"title":"Hong Kong property: home prices slump to lowest since January 2017 as high interest rates undercut demand","date":"January 29, 2024","format":false,"excerpt":"\r Hong Kong\u2019s lived-in home prices fell by about 1.4 per cent, the eight straight monthly decline. Overall, prices fell 6.7 per cent in 2023, versus a much sharper slump than the 15 per cent decline a year earlier.\r \r Source : South China Morning Post\r Read more...Hong Kong property:\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103298,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/analysts-change-their-tune-forecast-an-up-to-15-per-cent-increase-in-hong-kong-home-prices-this-year\/","url_meta":{"origin":98357,"position":3},"title":"Analysts change their tune, forecast an up to 15 per cent increase in Hong Kong home prices this year","date":"January 25, 2019","format":false,"excerpt":"\r If you have been holding out for a steeper drop in the prices of residential property in Hong Kong, you are in for a disappointment. Analysts \u2013 even those previously forecasting declines \u2013 are increasingly of the opinion that prices will bottom out by March. And then rise by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-roll-out-1300-homes-as-prices-edge-up-on-firmer-demand\/","url_meta":{"origin":98357,"position":4},"title":"Hong Kong developers roll out 1,300 homes as prices edge up on firmer demand","date":"April 10, 2026","format":false,"excerpt":"\r Hong Kong developers are preparing to launch nearly 1,300 units in the coming days and weeks, with some edging up prices amid improving homebuying sentiment. On Sunday, 261 units at La Mirabelle I will be released, with average prices ranging from HK$15,335 (US$1,958) to HK$19,613 per square foot after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93465,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-rush-to-sell-flats-on-concerns-new-government-measures-could-cool-demand\/","url_meta":{"origin":98357,"position":5},"title":"Hong Kong developers rush to sell flats on concerns new government measures could cool demand","date":"July 6, 2018","format":false,"excerpt":"\r Hong Kong developers are rushing to unload their unsold stocks of properties as fears grow of tougher market conditions after the government announced new measures to ease the city\u2019s long running housing problems. Last week the city\u2019s chief executive, Carrie Lam Cheng Yuet-ngor, announced a vacancy tax on newly\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\/98357"}],"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=98357"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98357\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=98357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=98357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=98357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}