{"id":17627,"date":"2024-04-10T11:26:00","date_gmt":"2024-04-10T03:26:00","guid":{"rendered":"https:\/\/vigers.com\/website\/?p=17627"},"modified":"2024-04-15T11:38:22","modified_gmt":"2024-04-15T03:38:22","slug":"hong-kong-monthly-digest-feb-2024","status":"publish","type":"post","link":"https:\/\/vigers.com\/website\/2024\/04\/10\/hong-kong-monthly-digest-feb-2024\/","title":{"rendered":"Hong Kong Monthly Digest &#8211; February 2024"},"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=\"564\" width=\"450\" data-animation=\"fade-in\" src=\"https:\/\/vigers.com\/website\/wp-content\/uploads\/2024\/04\/cover.jpg\" srcset=\"https:\/\/vigers.com\/website\/wp-content\/uploads\/2024\/04\/cover.jpg 450w, https:\/\/vigers.com\/website\/wp-content\/uploads\/2024\/04\/cover-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]In February, only 2,375 transactions were registered for both primary and secondary markets, representing a 32% monthly decrease and reaching to a 4-month low. The market was dampened by the Lunar New Year &#8211; a traditional off-season and the wait-and-see attitude towards the 2024-25 Budget speech.<\/p>\n<p>Of these, only 367 cases were specifically for the first-hand residential market in February, indicating a 63% decrease from a month earlier. The significant decline in transactions was due to developers postponing the sale of new projects.<\/p>\n<p>Hong Kong&#8217;s private home prices fell for the 10th month in a row last month to the lowest level in nearly seven-and-a-half years since September 2016&#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_1713152171623{margin-top: 20px !important;}&#8221;]Please click <strong><a href=\"https:\/\/vigers.com\/website\/wp-content\/uploads\/2024\/04\/HK_Monthly_Digest_-Feb_2024.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]In February, only 2,375&#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\/17627"}],"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=17627"}],"version-history":[{"count":1,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/posts\/17627\/revisions"}],"predecessor-version":[{"id":17636,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/posts\/17627\/revisions\/17636"}],"wp:attachment":[{"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/media?parent=17627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/categories?post=17627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vigers.com\/website\/wp-json\/wp\/v2\/tags?post=17627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}