{"id":101406,"date":"2018-11-17T19:15:36","date_gmt":"2018-11-17T12:15:36","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-reports-the-worst-sales-weekend-in-years-as-private-launches-fail-to-keep-up-with-governments-discounted-housing\/"},"modified":"2018-11-17T20:02:47","modified_gmt":"2018-11-17T13:02:47","slug":"hong-kong-reports-the-worst-sales-weekend-in-years-as-private-launches-fail-to-keep-up-with-governments-discounted-housing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-reports-the-worst-sales-weekend-in-years-as-private-launches-fail-to-keep-up-with-governments-discounted-housing\/","title":{"rendered":"Hong Kong reports the worst sales weekend in years as private launches fail to keep up with government\u2019s discounted housing"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s residential property market reported its worst sales weekend in years, as the wind was taken out of the sails of two private project launches by a government offer of discounted housing for first-home buyers.<br \/>\nThe Reach Summit project in Yuen Long, jointly built by Henderson Land Development and New World Development, sold six flats as of 6:30pm, a mere 6 per cent of the 102 units on offer, sales agents said. In Tsuen Wan, MCC Real Estate Group sold five of the 50 units at its&#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\/2173742\/hong-kong-reports-worst-sales-weekend-years-private\" target=\"_blank\">Hong Kong reports the worst sales weekend in years as private launches fail to keep up with government\u2019s discounted housing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s residential property market reported its worst sales weekend in years, as the wind&#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-101406","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-qnA","jetpack-related-posts":[{"id":108984,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-fail-to-dampen-demand-for-micro-flats-as-t-plus-project-in-tuen-mun-sells-245-out-of-344-units\/","url_meta":{"origin":101406,"position":0},"title":"Hong Kong protests fail to dampen demand for micro flats as T-Plus project in Tuen Mun sells 245 out of 344 units","date":"July 14, 2019","format":false,"excerpt":"\r The allure of a property \u201cbargain\u201d in Hong Kong may be stronger than concerns about the recent social unrest that has rocked the city if sales of tiny, heavily discounted, flats at a major project in Tuen Mun today were anything to go by.By 6pm on Sunday, 245 of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105417,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachems-sol-city-project-met-with-weak-demand-despite-discounted-prices\/","url_meta":{"origin":101406,"position":1},"title":"Hong Kong developer Chinachem\u2019s Sol City project met with weak demand despite discounted prices","date":"March 26, 2019","format":false,"excerpt":"\r Home sales at Hong Kong property developer Chinachem Group\u2019s Sol City development in Yuen Long got off to a slow start on Tuesday, and only a fifth of the 148 units on offer were sold. The lacklustre sales, which started at 6pm, added to evidence that a correction in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25041,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1000-apartments-hit-the-hk-market-in-only-one-day\/","url_meta":{"origin":101406,"position":2},"title":"1,000 apartments hit the HK market in only one day","date":"September 5, 2016","format":false,"excerpt":"\r Is the Hong Kong market regaining strength? Aerial view of the construction site at the old Hong Kong Kai Tak airport where new public housing and entertainment centers will be built by 2021. Ronnie Chua \/ Shutterstock More than a thousand new apartments went on the market in Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171306,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-test-homebuyers-with-modest-price-increases-after-sell-outs\/","url_meta":{"origin":101406,"position":3},"title":"Hong Kong developers test homebuyers with modest price increases after sell-outs","date":"April 6, 2026","format":false,"excerpt":"\r Hong Kong developers are raising prices of new homes this week following sold-out launches in recent days, further testing the appetite of homebuyers amid geopolitical and interest rate uncertainties. Henderson Land Development put another 39 units at its Chester project in Hung Hom on sale on Monday, with 25\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-keep-up-robust-demand-as-new-launches-draw-brisk-sales\/","url_meta":{"origin":101406,"position":4},"title":"Hong Kong homebuyers keep up robust demand as new launches draw brisk sales","date":"January 24, 2026","format":false,"excerpt":"\r Hong Kong homebuyers continued to show strong demand for new residential launches over the weekend, potentially pushing primary market transactions to a five-month high, according to agents. By 3.30pm on Saturday, about two-thirds of the 108 units released at Park Seasons \u2013 a Lohas Park project in Tseung Kwan\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112430,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-records-worst-weekend-sales-of-homes-since-june-as-intensifying-violence-keeps-buyers-away\/","url_meta":{"origin":101406,"position":5},"title":"Hong Kong records worst weekend sales of homes since June as intensifying violence keeps buyers away","date":"November 17, 2019","format":false,"excerpt":"\r Hong Kong residential property sales on Sunday recorded their worst performance since the social unrest started in June after buyers stayed away amid intensifying protests.Only four out of 144 units at Chinachem Group\u2019s Sol City development in protest hotspot Yuen Long were sold as of 6pm, according to agents.\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\/101406"}],"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=101406"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101406\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}