{"id":101015,"date":"2018-11-08T07:03:58","date_gmt":"2018-11-08T00:03:58","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builders-come-up-with-flexible-payment-plans-to-woo-buyers-as-sales-come-to-a-halt\/"},"modified":"2018-11-08T08:03:15","modified_gmt":"2018-11-08T01:03:15","slug":"hong-kong-builders-come-up-with-flexible-payment-plans-to-woo-buyers-as-sales-come-to-a-halt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builders-come-up-with-flexible-payment-plans-to-woo-buyers-as-sales-come-to-a-halt\/","title":{"rendered":"Hong Kong builders come up with flexible payment plans to woo buyers as sales come to a halt"},"content":{"rendered":"<p>&#013;<br \/>\nAs Hong Kong\u2019s property market takes a turn for the worse, some developers are coming up with novel payment schemes to offload flats amid fears sentiment could sour further.<br \/>\nOn Wednesday, Wheelock Properties announced a deferred payment plan along with steep discounts across five of its developments \u2013 Monterey, Capri, Napa, One Homantin and Island Residence. The scheme is effective from November 17 up to the end of the year.<br \/>\nHong Kong builders pay US$1 billion for first plot on&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2172184\/hong-kong-builders-come-flexible-payment-plans-woo-buyers\" target=\"_blank\">Hong Kong builders come up with flexible payment plans to woo buyers as sales come to a halt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; As Hong Kong\u2019s property market takes a turn for the worse, some developers are coming&#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-101015","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-qhh","jetpack-related-posts":[{"id":105755,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-to-flood-market-with-more-than-9000-homes-in-second-quarter-amid-improving-sentiment\/","url_meta":{"origin":101015,"position":0},"title":"Hong Kong developers to flood market with more than 9,000 homes in second quarter amid improving sentiment","date":"April 4, 2019","format":false,"excerpt":"\r Hong Kong developers are likely to flood the market with more than 9,000 homes \u2013 nearly half the government\u2019s annual target \u2013 as they look to cash in on the rising prices. But analysts say increases could be dampened as builders woo buyers with hefty discounts.Derek Chan, head of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93665,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builders-raise-prices-confident-that-buyers-will-snap-up-flats-unlocked-by-vacancy-tax\/","url_meta":{"origin":101015,"position":1},"title":"Hong Kong builders raise prices, confident that buyers will snap up flats unlocked by vacancy tax","date":"July 12, 2018","format":false,"excerpt":"\r Hong Kong\u2019s home prices are showing no signs of letting up, as developers continue to raise their offer price with each successive sales launch, confident that there are enough eager property buyers to snap up any additional supply that goes on the market. For proof, look no further than\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114818,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-warns-of-brewing-price-war-in-mainland-china-market-as-coronavirus-hurts-home-sales-chokes-cash-flow\/","url_meta":{"origin":101015,"position":2},"title":"Hong Kong developer warns of brewing price war in mainland China market as coronavirus hurts home sales, chokes cash flow","date":"March 10, 2020","format":false,"excerpt":"\r Wharf (Holdings) said a price war in the mainland China market is brewing because builders are desperate to improve cash flow after the coronavirus outbreak choked home sales this year.The property and logistics group, controlled by Hong Kong billionaire Peter Woo Kwong-ching, is cautious about adding to its 3.6\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-homebuyers-wait-on-the-sidelines-builders-tempt-them-with-special-mortgage-rates-cash-discounts\/","url_meta":{"origin":101015,"position":3},"title":"As homebuyers wait on the sidelines, builders tempt them with special mortgage rates, cash discounts","date":"October 4, 2018","format":false,"excerpt":"\r Hong Kong developers are offering cash rebates and lower mortgage rates to drum up sales after residential transactions hit a 20-month low, as rising interest rates, volatile stock market and worsening US-China trade war keep buyers on the sidelines. Vanke Property (Hong Kong), a wholly owned unit of China\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117404,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-assets-bet-on-home-demand-pays-off-as-hong-kong-buyers-shrug-aside-us-law-to-snap-up-tseung-kwan-os-costliest-launch\/","url_meta":{"origin":101015,"position":4},"title":"CK Asset\u2019s bet on home demand pays off as Hong Kong buyers shrug aside US law to snap up Tseung Kwan O\u2019s costliest launch","date":"June 27, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers snapped up the most expensive residential property project that launched in the Tseung Kwan O district on Saturday, persuaded by discounts and flexible payment terms to ignore the risks of a recession and escalating US-China tensions.Sea To Sky, a new project by CK Asset Holdings Limited\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104327,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-housing-market-fails-to-pick-up-in-year-of-the-pig-as-low-prices-fail-to-woo-buyers\/","url_meta":{"origin":101015,"position":5},"title":"Hong Kong housing market fails to pick up in Year of the Pig, as low prices fail to woo buyers","date":"February 23, 2019","format":false,"excerpt":"\r The Hong Kong housing market has made a slow start to the Year of the Pig. On Friday, Hong Kong developer Sino Land sold only four out of an available 129 units at its Mayfair by the Sea 8 project in the New Territories.While three apartments were sold through\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\/101015"}],"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=101015"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101015\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}