Hong Kong under pressure to meet annual private apartment supply target, faces shortfall of 45 per cent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
The Hong Kong government is under pressure to meet an annual supply target of 18,000...<\/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-98664","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-pFm","jetpack-related-posts":[{"id":83535,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-home-shortfall-points-to-further-upwards-price-pressure-at-least-for-this-year\/","url_meta":{"origin":98664,"position":0},"title":"Hong Kong\u2019s new home shortfall points to further upwards price pressure, at least for this year","date":"March 23, 2018","format":false,"excerpt":"\r The number of private flats being completed in Hong Kong will not meet the government\u2019s supply target of 20,000 units until 2019, providing further evidence that home prices are likely to continue to trend higher, at least this year. The number of completed flats is expected to edge up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-to-slow-land-sales-as-it-exceeds-annual-target-for-supply-of-new-flats\/","url_meta":{"origin":98664,"position":1},"title":"Hong Kong government to slow land sales as it exceeds annual target for supply of new flats","date":"December 18, 2017","format":false,"excerpt":"\r Hong Kong\u2019s government will slow the release of land for tender in the coming three months as it has exceeded its target for the supply of new flats this year by 35 per cent, the development secretary said on Monday. Michael Wong said the government provided land for 24,300\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-top-fiscal-2016-housing-supply-by-8-per-cent\/","url_meta":{"origin":98664,"position":2},"title":"Hong Kong to top fiscal 2016 housing supply by 8 per cent","date":"December 29, 2016","format":false,"excerpt":"\r Hong Kong\u2019s government is expected to add 19,460 apartment units to the city\u2019s housing supply for the 2016 fiscal year ending March 31, surpassing its target by 8 per cent, according to a city official. The government will sell two residential sites by tender in the fourth fiscal quarter,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100552,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-face-fresh-pressure-to-sell-as-completed-new-units-jump-30-per-cent-in-third-quarter\/","url_meta":{"origin":98664,"position":3},"title":"Hong Kong developers face fresh pressure to sell as completed new units jump 30 per cent in third quarter","date":"October 26, 2018","format":false,"excerpt":"\r New flats have been quickly rolling off the Hong Kong assembly line, recording a 30 per cent jump in the completion rate in the July-to-September period, adding pressure on developers to speed up sales ahead of an expected vacancy tax to deter hoarding. Private flat completion stood at 6,500\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113477,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-faces-hk10-billion-potential-shortfall-in-land-sales-revenue-as-city-faces-first-fiscal-deficit-in-15-years\/","url_meta":{"origin":98664,"position":4},"title":"Hong Kong faces HK$10 billion potential shortfall in land sales revenue as city faces first fiscal deficit in 15 years","date":"January 8, 2020","format":false,"excerpt":"\r Hong Kong is likely to miss its target of collecting HK$143 billion (US$18.3 billion) in revenue from land sales and premium revenue in the current financial year to March 31, likely contributing to the city\u2019s first budget deficit in 15 years.The government has generated HK$113.8 billion of such revenue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118757,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-may-miss-private-home-supply-target-again-as-recession-slows-land-sale-development\/","url_meta":{"origin":98664,"position":5},"title":"Hong Kong may miss private home supply target again as recession slows land sale, development","date":"September 28, 2020","format":false,"excerpt":"\r Hong Kong\u2019s government may miss its annual private home supply target yet again to help ease the housing shortage because the amount of land available for development is insufficient, analysts said.The government will put three residential sites for sale in the quarter ending December 31, Michael Wong, Secretary 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\/98664"}],"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=98664"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98664\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=98664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=98664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=98664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}