{"id":102716,"date":"2019-01-05T16:46:56","date_gmt":"2019-01-05T09:46:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-lands-first-sale-of-year-gets-off-to-slow-start-as-hong-kong-developer-feels-backlash-after-slashing-agents-fees\/"},"modified":"2019-01-05T17:03:03","modified_gmt":"2019-01-05T10:03:03","slug":"sino-lands-first-sale-of-year-gets-off-to-slow-start-as-hong-kong-developer-feels-backlash-after-slashing-agents-fees","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-lands-first-sale-of-year-gets-off-to-slow-start-as-hong-kong-developer-feels-backlash-after-slashing-agents-fees\/","title":{"rendered":"Sino Land\u2019s first sale of year gets off to slow start as Hong Kong developer feels backlash after slashing agents\u2019 fees"},"content":{"rendered":"


\nHong Kong developer Sino Land\u2019s first property sale of 2019 got off to a lacklustre start, after a dispute with sales agents over commission sapped their motivation amid a market downturn.
\nThe developer had sold just 39 of 118 of its Grand Central flats on offer, priced between HK$9 million (US$1.1 million) and HK$25 million, as of 4.50pm on Saturday, according to an official statement.
\n\u201cWith the commission rate even lower than that of second-hand flat transactions, sales agents…
\n
\nSource : South China Morning Post
\nRead more…Sino Land\u2019s first sale of year gets off to slow start as Hong Kong developer feels backlash after slashing agents\u2019 fees<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong developer Sino Land\u2019s first property sale of 2019 got off to a lacklustre...<\/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-102716","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-qII","jetpack-related-posts":[{"id":102792,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ties-that-bind-hong-kongs-developers-and-brokers-find-that-they-cannot-do-without-each-other\/","url_meta":{"origin":102716,"position":0},"title":"Ties that bind: Hong Kong\u2019s developers and brokers find that they cannot do without each other","date":"January 9, 2019","format":false,"excerpt":"\r The poorer than expected sales at the weekend at Sino Land\u2019s Grand Central development in Kwun Tong after the builder cut the commission fee for agents, underscores the inseparable relationship between developers and brokers. Sino Land\u2019s first sale of year gets off to slow start as Hong Kong developer\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102174,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-a-discount-sino-lands-new-residential-property-draws-keen-response-amid-hong-kongs-price-slump\/","url_meta":{"origin":102716,"position":1},"title":"With a discount, Sino Land\u2019s new residential property draws keen response amid Hong Kong\u2019s price slump","date":"December 11, 2018","format":false,"excerpt":"\r Hong Kong developer Sino Land said it had received more than 5,000 subscriptions for the upcoming sale of 488 flats at its Grand Central residential development in East Kowloon that would be sold at a discount amid the property price slump. The initial batch of units of the property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61176,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/future-land-shares-soar-to-near-record-in-hong-kong-on-founders-plan-to-take-developer-private\/","url_meta":{"origin":102716,"position":2},"title":"Future Land shares soar to near record in Hong Kong on founder\u2019s plan to take developer private","date":"July 19, 2017","format":false,"excerpt":"\r Shares of Future Land Development jumped almost 14 per cent to an 11-day intraday high in Hong Kong, after the developer unveiled plans to take its business private. Future Land\u2019s shares soared to a record intraday high of HK$3.20 in Hong Kong when trading resumed after a seven-day halt,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-lands-us3-billion-spending-spree-makes-it-hong-kongs-most-active-buyer-of-land-this-year\/","url_meta":{"origin":102716,"position":3},"title":"Sino Land\u2019s US$3 billion spending spree makes it Hong Kong\u2019s most active buyer of land this year","date":"December 17, 2017","format":false,"excerpt":"\r Hong Kong developer Sino Land has emerged as the city\u2019s most active buyer of land this year, buying seven sites either by itself or through joint ventures and spending an estimated over HK$22 billion (US$2.8 billion). It added the seventh site on Friday, winning a tender to redevelop the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101191,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-developer-sino-lands-sandbox-to-let-start-ups-try-and-test-out-innovations-for-real-world-use\/","url_meta":{"origin":102716,"position":4},"title":"Hong Kong property developer Sino Land\u2019s sandbox to let start-ups try and test out innovations for real world use","date":"November 13, 2018","format":false,"excerpt":"\r Property developer Sino Land has launched an innovation lab that will allow start-ups to showcase and test out how their solutions could be used in the real world. The 3,000 square feet Sino Inno Lab in Kwun Tong was \u201cpart incubator and part accelerator\u201d for start-ups in proptech, artificial\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":165450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-finds-firmer-footing-sino-land-sells-149-units-within-hours\/","url_meta":{"origin":102716,"position":5},"title":"Hong Kong property finds firmer footing: Sino Land sells 149 units within hours","date":"November 21, 2025","format":false,"excerpt":"\r Sino Land\u2019s One Park Place in Yau Tong sold 149 of 150 units in its first batch within half a day at its launch, after the developer used aggressive pricing to tap into firmer demand in Hong Kong\u2019s new home market. The project, developed by Sino Land together with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102716"}],"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=102716"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102716\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}