{"id":60019,"date":"2023-11-22T14:44:22","date_gmt":"2023-11-22T05:44:22","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2023\/nov\/22\/hong-kong-land-sales-wobble-exposing-cracks-in-citys-finances"},"modified":"2023-11-22T14:44:22","modified_gmt":"2023-11-22T05:44:22","slug":"hong-kong-land-sales-wobble-exposing-cracks-in-citys-finances","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=60019","title":{"rendered":"Hong Kong land sales wobble, exposing cracks in city\u2019s finances"},"content":{"rendered":"<p>Despite historical high demand for homes due to the territory\u2019s size, the economic downturn has resulted in a glut of unsold flats<\/p>\n<p>Hong Kong\u2019s once-lucrative land market looks to be in trouble after a series of unsuccessful tenders for government plots cast a shadow over the city\u2019s finances.<\/p>\n<p>Earlier this month, Hong Kong\u2019s largest public transport company, the MTR Corporation, revealed that it had received no proposals for a joint development project in Tung Chung, a residential town next to Hong Kong airport.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2023\/nov\/22\/hong-kong-land-sales-wobble-exposing-cracks-in-citys-finances\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite historical high demand for homes due to the territory\u2019s size, the economic downturn has resulted in a glut of unsold flatsHong Kong\u2019s once-lucrative land market looks to be in trouble after a series of unsuccessful tenders for government plots &#8230;<\/p>\n","protected":false},"author":3075,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,48,42],"tags":[],"class_list":["post-60019","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-hong-kong","category-world-news"],"aioseo_notices":[],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/60019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/3075"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60019"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/60019\/revisions"}],"predecessor-version":[{"id":60020,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/60019\/revisions\/60020"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}