{"id":3291,"date":"2016-11-10T10:04:04","date_gmt":"2016-11-10T02:04:04","guid":{"rendered":"http:\/\/www.spacious.hk\/en\/blog\/?p=3291"},"modified":"2019-09-02T12:01:57","modified_gmt":"2019-09-02T04:01:57","slug":"hkr-hysan-bought-two-tai-po-sites-for-hk3-39b-expert-expects-little-harm-on-home-market-by-trumps-victory","status":"publish","type":"post","link":"https:\/\/www.spacious.hk\/en\/blog\/hkr-hysan-bought-two-tai-po-sites-for-hk3-39b-expert-expects-little-harm-on-home-market-by-trumps-victory","title":{"rendered":"HKR &#038; Hysan Bought Two Tai Po Sites for HK$3.39b, Expert Expects Little Harm on Home Market by Trump&#8217;s Victory"},"content":{"rendered":"<p><strong>HKR &amp; Hysan Bought Two Tai Po Sites for HK$3.39b<\/strong><br \/>\nTwo neighbouring residential sites in Tai Po Lo Fai Road were awarded to a joint venture between HKR International and Hysan Development for HK$3.39 billion yesterday. The average prices per square foot of the two sites are HK$6,439 and HK$7,007, which are 16% and 7% higher than market valuation respectively. They are also the third and fourth most expensive site in Tai Po district.<\/p>\n<p><b>Expert Expects Little Harm on Home Market by Trump&#8217;s Victory<br \/>\n<\/b>Economic instability was expected by the market after the winning of US presidential election by Donald Trump. Yet Centaline Property Agency founder Shih Wing-ching said yesterday, that the strike by Trump&#8217;s victory on local property market might be little. He added that capital may flow out of stock and bond market, similar to the situation of Brexit in June. He expected a short-term property price fall of 3% to 5% until it starts to recover in the second quarter next year.<\/p>\n<p><strong>Taikoo Shing 2-room Unit Dealt With Price Cut<br \/>\n<\/strong>The government&#8217;s cooling measures result in a price cut in a recent transaction of Taikoo Shing&#8217;s two-room unit. The 580-square-foot&nbsp;flat in&nbsp;Tien Sing Mansion was sold at HK$9.38 million &#8211; HK$16,172 per square foot, HK$0.32 million lower&nbsp;than the asked price.<\/p>\n<p>For more information on property news and prices, please visit our website at&nbsp;<a href=\"https:\/\/www.spacious.hk\/zh-tw\" target=\"_blank\" rel=\"dofollow noopener noreferrer\">https:\/\/www.spacious.hk\/<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HKR &amp; Hysan Bought Two Tai Po Sites for HK$3.39b Two neighbouring residential sites in Tai Po Lo Fai Road were awarded to a joint venture between HKR International and Hysan Development for HK$3.39 billion yesterday. The average prices per square foot of the two sites are HK$6,439 and HK$7,007, which are 16% and 7% higher than market valuation respectively. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3295,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[69,68,70,82,79,76,67],"class_list":["post-3291","post","type-post","status-publish","format-standard","hentry","category-hong-kong-property","tag-headline","tag-hot-news","tag-hot-news-headline","tag-market","tag-market-news","tag-news","tag-spacious-news"],"_links":{"self":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/3291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/comments?post=3291"}],"version-history":[{"count":0,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/3291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media\/3295"}],"wp:attachment":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media?parent=3291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/categories?post=3291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/tags?post=3291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}