{"id":10092,"date":"2016-04-06T19:24:48","date_gmt":"2016-04-06T12:24:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-residential-market-faces-test-on-weekend-as-developers-cut-prices-to-push-sales\/"},"modified":"2016-04-06T19:32:18","modified_gmt":"2016-04-06T12:32:18","slug":"hong-kong-luxury-residential-market-faces-test-on-weekend-as-developers-cut-prices-to-push-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-residential-market-faces-test-on-weekend-as-developers-cut-prices-to-push-sales\/","title":{"rendered":"Hong Kong luxury residential market faces test on weekend as developers cut prices to push sales"},"content":{"rendered":"<p>&#013;<\/p>\n<p>  Hong Kong\u2019s luxury residential property market will face a real test this weekend when Kerry Properties starts selling its Mantin Heights in Ho Man Tin in the face of a rising number of defaults and price cuts by rival developments in the area.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/1934044\/hong-kong-luxury-residential-market-faces-test-weekend\" target=\"_blank\">Hong Kong luxury residential market faces test on weekend as developers cut prices to push sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s luxury residential property market will face a real test this weekend when Kerry&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-10092","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2CM","jetpack-related-posts":[{"id":20294,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-sales-in-hong-kong-rise-slowly-in-june\/","url_meta":{"origin":10092,"position":0},"title":"Home sales in Hong Kong rise slowly in June","date":"July 20, 2016","format":false,"excerpt":"\r A shortage of buyers for both bargain finds and luxury digs A stunning view over Hong Kong. Image credit: Studio Incendo (Flickr) Due to a robust showing in the new homes market, residential sales in Hong Kong managed 4,620 units in June, a month-on-month volume increase of 0.7 percent,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-to-push-sales-after-record-land-purchases-by-mainland-rivals\/","url_meta":{"origin":10092,"position":1},"title":"Hong Kong developers to push sales after record land purchases by mainland rivals","date":"March 7, 2017","format":false,"excerpt":"\r Hong Kong developers will be the major beneficiary of recent government land sold for shockingly high prices to mainland rivals as they take advantage of positive market sentiment to cash in on the sales upswing. Sales of new homes saw a week-on-week increase of 70 per cent over March\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48920,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-squeezed-higher-amid-frenzied-weekend-sales\/","url_meta":{"origin":10092,"position":2},"title":"Hong Kong home prices squeezed higher amid frenzied weekend sales","date":"March 21, 2017","format":false,"excerpt":"\r Hong Kong home prices were squeezed higher as investors snapped up new flats at weekend sales, boosting home sales to a nine-month high. More than 1,000 new homes were purchased between Friday and Sunday at a trio of sales events by major developers. \u201cIt shows investors do not want\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8036,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-site-in-luxury-hong-kong-area-surprises-with-low-hk2-81-billion-sale-price\/","url_meta":{"origin":10092,"position":3},"title":"Residential site in luxury Hong Kong area surprises with low HK$2.81 billion sale price","date":"March 15, 2016","format":false,"excerpt":"\r A luxury residential site in Stanley sold on Tuesday for a surprisingly low HK$2.81 billion, a strong indication of developers\u2019 extreme caution regarding the high-end sector which is traditionally considered more resilent in a market downturn.\r \r Source : South China Morning Post\r Read more...Residential site in luxury Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-residential-site-in-kowloon-tongs-beacon-hill-attracts-strong-interest-from-developers\/","url_meta":{"origin":10092,"position":4},"title":"Luxury residential site in Kowloon Tong\u2019s Beacon Hill attracts strong interest from developers","date":"September 30, 2016","format":false,"excerpt":"\r A large luxury residential site at Beacon Hill in Kowloon Tong, a traditional prestigious address in Hong Kong, has drawn at least 10 bids, which could fetch as much as HK$7.5 billion. The government tender closed at Friday noon. The site attracted developers such as Cheung Kong Property, the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-is-the-reason-mainland-china-buyers-converge-in-hong-kong\/","url_meta":{"origin":10092,"position":5},"title":"This is the reason mainland China buyers converge in Hong Kong","date":"August 11, 2016","format":false,"excerpt":"\r Buyers from the mainland are buying residential land in the Chinese SAR in a big way Central district in Hong Kong. Image credit: IQRemix (Flickr) Fears of a devalued yuan have seen buyers from mainland China pour HKD58 billion (USD7.5 billion) on residential land and office building acquisitions in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10092"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=10092"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10092\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=10092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=10092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=10092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}