{"id":17281,"date":"2023-08-08T17:14:02","date_gmt":"2023-08-08T09:14:02","guid":{"rendered":"https:\/\/vigers.com\/website\/?p=17281"},"modified":"2023-08-18T17:26:00","modified_gmt":"2023-08-18T09:26:00","slug":"hong-kong-quarterly-digest-q2-2023","status":"publish","type":"post","link":"https:\/\/vigers.com\/website\/2023\/08\/08\/hong-kong-quarterly-digest-q2-2023\/","title":{"rendered":"Hong Kong Quarterly Digest &#8211; Q2 2023"},"content":{"rendered":"[vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; overlay_strength=&#8221;0.3&#8243;][vc_column column_padding=&#8221;padding-5-percent&#8221; column_padding_position=&#8221;right&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; width=&#8221;1\/2&#8243; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;]<div class=\"img-with-aniamtion-wrap \" data-max-width=\"100%\"><div class=\"inner\"><img data-shadow=\"small_depth\" data-shadow-direction=\"middle\" class=\"img-with-animation \" data-delay=\"0\" height=\"546\" width=\"417\" data-animation=\"fade-in\" src=\"https:\/\/vigers.com\/website\/wp-content\/uploads\/2023\/08\/cover.jpg\" srcset=\"https:\/\/vigers.com\/website\/wp-content\/uploads\/2023\/08\/cover.jpg 417w, https:\/\/vigers.com\/website\/wp-content\/uploads\/2023\/08\/cover-229x300.jpg 229w\" sizes=\"100vw\" alt=\"\" \/><\/div><\/div>[\/vc_column][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_position=&#8221;all&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; width=&#8221;1\/2&#8243; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text]Housing market cooled off in the second quarter with total registered transactions for residential property fell 13% q-o-q to 12,199 due to the prospects for further interest rates increase and the failure of China&#8217;s recovery to live up to high expectations.<\/p>\n<p>Of the total agreements recorded during the Q2, only 8,630 were specifically for the secondary market, indicating a 23% decrease from a quarter earlier. Nevertheless, new home sales saw a substantial 27% q-o-q increase to 3,569 registered contracts, hitting a 3-quarter high, mainly bolstered by the decent sales of competitively priced new projects.<\/p>\n<p>The luxury homes market bucked the downward trend in the local property market. For instance, a 7,042 sq ft (s.a.) detached house at Mount Nicholson in The Peak, was transacted at&#8230;&#8230;<\/p>\n[\/vc_column_text]<div class=\"divider-wrap\"><div style=\"height: 25px;\" class=\"divider\"><\/div><\/div>[vc_column_text el_class=&#8221;pdf_dl_text&#8221; css=&#8221;.vc_custom_1692350541815{margin-top: 20px !important;}&#8221;]Please click <strong><a href=\"https:\/\/vigers.com\/website\/wp-content\/uploads\/2023\/08\/HK_Quarterly_Digest_-Q2_2023.pdf\" target=\"_blank\" rel=\"noopener\">HERE<\/a> <\/strong>to download the report.[\/vc_column_text][\/vc_column][\/vc_row][vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; overlay_strength=&#8221;0.3&#8243;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_position=&#8221;all&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; width=&#8221;1\/1&#8243; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;]<div class=\"divider-wrap\"><div style=\"height: 25px;\" class=\"divider\"><\/div><\/div>[\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"<p>[vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; overlay_strength=&#8221;0.3&#8243;][vc_column column_padding=&#8221;padding-5-percent&#8221; column_padding_position=&#8221;right&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; width=&#8221;1\/2&#8243; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][\/vc_column][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_position=&#8221;all&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; width=&#8221;1\/2&#8243; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text]Housing market cooled off&#8230;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/posts\/17281"}],"collection":[{"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/comments?post=17281"}],"version-history":[{"count":1,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/posts\/17281\/revisions"}],"predecessor-version":[{"id":17290,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/posts\/17281\/revisions\/17290"}],"wp:attachment":[{"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/media?parent=17281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/categories?post=17281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/tags?post=17281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}