{"id":17581,"date":"2024-02-27T16:48:42","date_gmt":"2024-02-27T08:48:42","guid":{"rendered":"https:\/\/vigers.com\/website\/?p=17581"},"modified":"2024-02-29T16:53:12","modified_gmt":"2024-02-29T08:53:12","slug":"hong-kong-quarterly-digest-q4-2023","status":"publish","type":"post","link":"https:\/\/vigers.com\/website\/2024\/02\/27\/hong-kong-quarterly-digest-q4-2023\/","title":{"rendered":"Hong Kong Quarterly Digest &#8211; Q4 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=\"613\" width=\"488\" data-animation=\"fade-in\" src=\"https:\/\/vigers.com\/website\/wp-content\/uploads\/2024\/02\/cover-2.jpg\" srcset=\"https:\/\/vigers.com\/website\/wp-content\/uploads\/2024\/02\/cover-2.jpg 488w, https:\/\/vigers.com\/website\/wp-content\/uploads\/2024\/02\/cover-2-239x300.jpg 239w\" 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]The Hong Kong residential market continues to experience a slowdown as the high interest rates \u00a0persistently weigh on the market. A total of 7,606 cases was recorded in Q4, representing a 17% q-o-q decrease. Among them, the sales of new homes saw a substantial 26% q-o-q decrease to 1,862 while the secondary market saw 5,744 transactions, fell by 14% from Q3.<\/p>\n<p>Housing prices continue to face downward pressure due to the cost of residential buying under high interest rate environment, leading to an increasing demand for rental housing.\u00a0 Overall home price index fell&#8230;&#8230;[\/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_1709196691463{margin-top: 20px !important;}&#8221;]Please click <strong><a href=\"https:\/\/vigers.com\/website\/wp-content\/uploads\/2024\/02\/HK_Quarterly_Digest_-Q4_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]The Hong Kong residential&#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\/17581"}],"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=17581"}],"version-history":[{"count":1,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/posts\/17581\/revisions"}],"predecessor-version":[{"id":17590,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/posts\/17581\/revisions\/17590"}],"wp:attachment":[{"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/media?parent=17581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/categories?post=17581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/tags?post=17581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}