{"id":102792,"date":"2019-01-09T07:31:08","date_gmt":"2019-01-09T00:31:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ties-that-bind-hong-kongs-developers-and-brokers-find-that-they-cannot-do-without-each-other\/"},"modified":"2019-01-09T08:08:01","modified_gmt":"2019-01-09T01:08:01","slug":"ties-that-bind-hong-kongs-developers-and-brokers-find-that-they-cannot-do-without-each-other","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ties-that-bind-hong-kongs-developers-and-brokers-find-that-they-cannot-do-without-each-other\/","title":{"rendered":"Ties that bind: Hong Kong\u2019s developers and brokers find that they cannot do without each other"},"content":{"rendered":"


\nThe 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.
\nSino Land\u2019s first sale of year gets off to slow start as Hong Kong developer feels backlash after slashing agents\u2019 fees
\n\u201cDevelopers, no matter how big they are, still rely on property agents to help them sell projects,\u201d said Donald Fan, chief…
\n
\nSource : South China Morning Post
\nRead more…Ties that bind: Hong Kong\u2019s developers and brokers find that they cannot do without each other<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The poorer than expected sales at the weekend at Sino Land\u2019s Grand Central development in...<\/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-102792","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-qJW","jetpack-related-posts":[{"id":102658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-leading-property-broker-centaline-cries-foul-as-sino-land-sets-below-market-commission-rate\/","url_meta":{"origin":102792,"position":0},"title":"Hong Kong\u2019s leading property broker Centaline cries foul as Sino Land sets below market commission rate","date":"January 3, 2019","format":false,"excerpt":"\r The ties between Hong Kong\u2019s property developers and sales agents are fraying, as declining prices in a cooling market crimps profit margins, causing the two former partners to turn against each other. On December 29, Sino Land said it would pay just 1.7 per cent in commission fees for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154990,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tepid-sales-at-uni-residence-as-competition-heats-up-in-new-home-market\/","url_meta":{"origin":102792,"position":1},"title":"Tepid sales at Uni Residence as competition heats up in new home market","date":"May 31, 2025","format":false,"excerpt":"\r Competition is intensifying in Hong Kong\u2019s new residential property market as improved sentiment and declining mortgage rates have prompted developers to offer attractive prices to entice buyers. Homebuyers snapped up just 58 of the 100 flats on offer on the first day of sales at Uni Residence in Tai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102716,"url":"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\/","url_meta":{"origin":102792,"position":2},"title":"Sino Land\u2019s first sale of year gets off to slow start as Hong Kong developer feels backlash after slashing agents\u2019 fees","date":"January 5, 2019","format":false,"excerpt":"\r Hong 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. The developer had sold just 39 of 118 of its Grand Central flats on offer, priced between HK$9\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105193,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lee-shau-kee-hong-kongs-second-richest-man-says-he-is-mulling-retirement-to-hand-the-reins-of-henderson-land-to-his-two-sons\/","url_meta":{"origin":102792,"position":3},"title":"Lee Shau-kee, Hong Kong\u2019s second-richest man, says he is mulling retirement to hand the reins of Henderson Land to his two sons","date":"March 20, 2019","format":false,"excerpt":"\r Lee Shau-kee, Hong Kong\u2019s second-richest man, will retire as chairman and managing director of Henderson Land Development, handing over the keys of one of the city\u2019s largest property developers to his two sons, according to a company announcement.Lee, who turned 90 two weeks ago, may formally step down after\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":102792,"position":4},"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":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":102792,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102792"}],"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=102792"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102792\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}