{"id":98908,"date":"2018-10-01T19:01:55","date_gmt":"2018-10-01T12:01:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-addicted-to-property-as-eager-buyers-snap-up-first-launch-after-prime-rate-rise\/"},"modified":"2018-10-01T20:04:23","modified_gmt":"2018-10-01T13:04:23","slug":"hongkongers-addicted-to-property-as-eager-buyers-snap-up-first-launch-after-prime-rate-rise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-addicted-to-property-as-eager-buyers-snap-up-first-launch-after-prime-rate-rise\/","title":{"rendered":"Hongkongers addicted to property as eager buyers snap up first launch after prime rate rise"},"content":{"rendered":"


\nInvestors on Monday snapped up all 347 flats in a new project in Tuen Mun, ignoring the rise in prime rates, which marked the end of a 12-year low-interest rate environment in the world\u2019s most expensive property market.
\nThe sale came after data showed that Hong Kong\u2019s home prices dropped for the first time in 28 months in August, vindicating recent forecasts by four investment banks that the surge in the city\u2019s home prices would stop soon.
\nHong Kong home prices drop \u2013…
\n
\nSource : South China Morning Post
\nRead more…Hongkongers addicted to property as eager buyers snap up first launch after prime rate rise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Investors on Monday snapped up all 347 flats in a new project in Tuen Mun,...<\/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-98908","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-pJi","jetpack-related-posts":[{"id":119265,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-emerge-as-some-of-the-busiest-buyers-of-uk-homes-as-they-snap-up-property-ahead-of-exodus-by-bno-passport-holders\/","url_meta":{"origin":98908,"position":0},"title":"Hongkongers emerge as some of the busiest buyers of UK homes, as they snap up property ahead of exodus by BN(O) passport holders","date":"November 18, 2020","format":false,"excerpt":"\r Hong Kong\u2019s residents have emerged as some of the busiest and most aggressive buyers of London homes, as they made a beeline to snap up residential real estate ahead of a January 2021 application process that opens the path to the right of abode and full citizenship in Britain.Hongkongers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120676,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-overtakes-hong-kong-as-worlds-busiest-super-prime-property-market-as-french-hongkongers-fuel-purchases\/","url_meta":{"origin":98908,"position":1},"title":"London overtakes Hong Kong as world\u2019s busiest super prime property market as French, Hongkongers fuel purchases","date":"April 14, 2021","format":false,"excerpt":"\r London unseated Hong Kong as the top market for super-prime property in terms of transaction value, as foreign buyers including French and Hongkongers helped lift the market despite pandemic and Brexit concerns.The British capital recorded US$3.75 billion of sales from 201 transactions, according to property consultancy Knight Frank, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/young-hongkongers-still-keen-to-get-first-foot-on-property-ladder-even-as-prices-spiral-out-of-reach\/","url_meta":{"origin":98908,"position":2},"title":"Young Hongkongers still keen to get first foot on property ladder even as prices spiral out of reach","date":"April 24, 2018","format":false,"excerpt":"\r A new study has revealed a rise in the number of young Hongkongers still considering buying their first flat in the city, before prices spiral out of reach. The poll, by Citi Hong Kong, asked a snapshot of 21 to 29-year-old, first-time buyers last month whether they felt it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170303,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-lower-us-interest-rates-will-help-hongkongers-even-if-local-prime-rates-dont-drop\/","url_meta":{"origin":98908,"position":3},"title":"How lower US interest rates will help Hongkongers even if local prime rates don\u2019t drop","date":"January 26, 2026","format":false,"excerpt":"\r Hong Kong banks may not cut their prime rates this year, but local interbank rates will still follow US rates lower, benefiting a majority of borrowers, according to a senior executive of the Hong Kong Monetary Authority (HKMA). Analysts widely expect the US Federal Reserve to cut its key\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/half-of-hongkongers-think-property-prices-will-rise-in-next-12-months-citibank-survey-finds\/","url_meta":{"origin":98908,"position":4},"title":"Half of Hongkongers think property prices will rise in next 12 months, Citibank survey finds","date":"April 29, 2019","format":false,"excerpt":"\r About half of Hongkongers think the city\u2019s property prices will rise in the next 12 months, according to the quarterly Hong Kong Residential Property Ownership Survey, conducted on behalf of Citibank by the University of Hong Kong\u2019s Social Sciences Research Centre. In comparison, only 18 per cent expected a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94809,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-number-of-hongkongers-think-home-prices-will-rise-in-the-next-12-months-according-to-citibank-survey\/","url_meta":{"origin":98908,"position":5},"title":"Record number of Hongkongers think home prices will rise in the next 12 months, according to Citibank survey","date":"July 27, 2018","format":false,"excerpt":"\r About seven out of 10 respondents polled for Citibank\u2019s latest Hong Kong Residential Property Ownership Survey by the University of Hong Kong\u2019s Social Sciences Research Centre said they expected housing prices to rise over the next 12 months. More than 500 residents were randomly polled over the phone in\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\/98908"}],"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=98908"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98908\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=98908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=98908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=98908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}