{"id":102866,"date":"2019-01-11T05:02:22","date_gmt":"2019-01-10T22:02:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyer-of-house-on-the-peak-in-hong-kong-walks-away-from-deal-loses-us4-6-million-deposit\/"},"modified":"2019-01-11T06:05:13","modified_gmt":"2019-01-10T23:05:13","slug":"buyer-of-house-on-the-peak-in-hong-kong-walks-away-from-deal-loses-us4-6-million-deposit","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyer-of-house-on-the-peak-in-hong-kong-walks-away-from-deal-loses-us4-6-million-deposit\/","title":{"rendered":"Buyer of house on The Peak in Hong Kong walks away from deal \u2013 loses US$4.6 million deposit"},"content":{"rendered":"


\nA buyer has walked away from the purchase of a luxury house on The Peak, losing a deposit of some HK$36.09 million (US$4.6 million) in the latest sign of trouble in Hong Kong\u2019s property market.
\nThe unidentified buyer did not proceed with the transaction for House 16 on Mount Nicholson, according to official documents, after agreeing to buy it for HK$721.88 million on December 31.
\n\u201cIt is definitely not good news for the market,\u201d said JLL executive director Joseph Tsang.
\n\u201c…
\n
\nSource : South China Morning Post
\nRead more…Buyer of house on The Peak in Hong Kong walks away from deal \u2013 loses US.6 million deposit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A buyer has walked away from the purchase of a luxury house on The Peak,...<\/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-102866","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-qL8","jetpack-related-posts":[{"id":41724,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/corporate-buyer-to-pay-record-hk324-million-in-stamp-duty-for-luxury-house-on-hong-kongs-peak\/","url_meta":{"origin":102866,"position":0},"title":"Corporate buyer to pay record HK$324 million in stamp duty for luxury house on Hong Kong\u2019s Peak","date":"January 24, 2017","format":false,"excerpt":"\r A corporate buyer is set to pay the highest stamp duty ever on a property in Hong Kong, after forking out HK$1.08 billion for Asia\u2019s most expensive house per square foot. The buyer, named as Giant Victory Holdings in a filing with the Land Registry on Tuesday, is likely\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-has-us132-million-in-limbo-as-its-purchase-of-shouson-hill-villas-in-hong-kong-hits-a-snag-amid-us-china-spat\/","url_meta":{"origin":102866,"position":1},"title":"Hang Lung has US$132 million in limbo as its purchase of Shouson Hill villas in Hong Kong hits a snag amid US-China spat","date":"January 28, 2021","format":false,"excerpt":"\r Hang Lung Properties, the Hong Kong buyer of the US government\u2019s real estate asset in Hong Kong, may have up to HK$1.027 billion (US$132.5 million) in limbo, as its purchase has been caught up in the souring diplomatic relations between Washington DC and Beijing.The developer paid HK$257 million as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108285,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyer-walks-away-from-us32-million-hong-kong-luxury-home-as-trade-war-and-protests-sap-appetite-for-real-estate-investment\/","url_meta":{"origin":102866,"position":2},"title":"Buyer walks away from US$32 million Hong Kong luxury home, as trade war and protests sap appetite for real estate investment","date":"June 20, 2019","format":false,"excerpt":"\r A Hong Kong customer has backed out of buying a HK$251.23 million (US$32.11 million) luxury home in the Deep Water Bay neighbourhood, marking the second property default in nine days.The buyer, who is unidentified, failed to conclude the sales contract for the 3,641-square foot (338 square metres) apartment on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-distressed-developer-loses-us58-million-in-12-days-in-u-turn-on-kai-tak-land-deal-amid-scramble-with-hostile-creditors\/","url_meta":{"origin":102866,"position":3},"title":"Hong Kong distressed developer loses US$58 million in 12 days in U-turn on Kai Tak land deal amid scramble with hostile creditors","date":"July 29, 2020","format":false,"excerpt":"\r Cash-strapped Hong Kong developer Goldin Financial Holdings said it had found a new buyer for its waterfront residential plot in Kai Tak, less than two weeks after agreeing to sell the property to an offshore buyer. The change of mind comes with an immediate loss of HK$450 million (US$58\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-penthouse-sells-for-us54m-to-mainland-chinese-buyer-as-luxury-demand-spikes\/","url_meta":{"origin":102866,"position":4},"title":"Hong Kong penthouse sells for US$54m to mainland Chinese buyer as luxury demand spikes","date":"April 29, 2026","format":false,"excerpt":"\r A top-floor residence at High Peak in Hong Kong\u2019s Mid-Levels West neighbourhood has sold for HK$420 million (US$53.7 million) as activity in Hong Kong\u2019s high-end housing segment remains heated after a strong first quarter. The penthouse unit at 23 Po Shan Road sold to a company called Shine Action\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-doubles-deposit-for-land-tenders-to-hk50-million-after-goldins-abandoned-kai-tak-sale\/","url_meta":{"origin":102866,"position":5},"title":"Hong Kong government doubles deposit for land tenders to HK$50 million after Goldin\u2019s abandoned Kai Tak sale","date":"August 9, 2019","format":false,"excerpt":"\r The Lands Department said on Thursday it is doubling the deposit for government sites put up for tender to as much as HK$50 million (US$6.3 million) after a buyer walked away from a winning bid of HK$11.1 billion for a plot of prime land in June.The rule is effective\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\/102866"}],"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=102866"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102866\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}