{"id":103262,"date":"2019-01-24T07:31:26","date_gmt":"2019-01-24T00:31:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/discounted-hong-kong-development-does-not-match-demand-for-smaller-apartments-fails-to-sell-out\/"},"modified":"2019-01-24T08:04:46","modified_gmt":"2019-01-24T01:04:46","slug":"discounted-hong-kong-development-does-not-match-demand-for-smaller-apartments-fails-to-sell-out","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/discounted-hong-kong-development-does-not-match-demand-for-smaller-apartments-fails-to-sell-out\/","title":{"rendered":"Discounted Hong Kong development does not match demand for smaller apartments, fails to sell out"},"content":{"rendered":"


\nHong Kong developer Sino Land managed to sell only 75 per cent of apartments put up for sale at heavy discounts at its Mayfair by The Sea 8 development in Tai Po. By 3pm on Wednesday, it had sold 171 out of a first batch of 228 units.
\nThe sale comes amid warnings by analysts about further declines in prices. And at an average price of HK$13,228 (US$1,686) per square foot after the discount in the first price list, the property is going for 26.5 per cent less than the HK$18,000 fetched by St…
\n
\nSource : South China Morning Post
\nRead more…Discounted Hong Kong development does not match demand for smaller apartments, fails to sell out<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong developer Sino Land managed to sell only 75 per cent of apartments put...<\/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-103262","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-qRw","jetpack-related-posts":[{"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":103262,"position":0},"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 "Property News"","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":103262,"position":1},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachem-prices-new-apartments-in-new-territories-at-12-per-cent-below-older-property\/","url_meta":{"origin":103262,"position":2},"title":"Hong Kong developer Chinachem prices new apartments in New Territories at 12 per cent below older property","date":"October 17, 2018","format":false,"excerpt":"\r Hong Kong developer Chinachem Group on Tuesday priced a first batch of units at its Sol City project in the New Territories at up to 12 per cent lower than lived-in homes in the area. The 144 apartments start at HK$13,389 (US$1,708) per square foot. The units, ranging from\u2026","rel":"","context":"In "Property News"","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":103262,"position":3},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23923,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sets-price-range-of-hk15080-to-hk18418-psf-on-one-kai-tak-apartments\/","url_meta":{"origin":103262,"position":4},"title":"Hong Kong sets price range of HK$15,080 to HK$18,418 psf on One Kai Tak apartments","date":"August 25, 2016","format":false,"excerpt":"\r China Overseas Land & Investment Co., said it will sell the One Kai Tak apartments in Hong Kong\u2019s former airport at a price range of HK$15,080 and HK$18,418 per square foot, higher than what real estate agents are expecting for the neighbourhood.\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-china-vanke-sets-low-prices-for-first-hong-kong-housing-estate-in-tuen-mun\/","url_meta":{"origin":103262,"position":5},"title":"Mainland developer China Vanke sets low prices for first Hong Kong housing estate in Tuen Mun","date":"September 22, 2018","format":false,"excerpt":"\r China Vanke, the mainland\u2019s second-largest developer by sales, has priced apartments at its first wholly-owned residential development in Hong Kong\u2019s Tuen Mun starting at HK$9,878 (US$1,265) per square foot \u2013 cheaper than 30-year-old subsidised housing in the area. The average price for the first batch of 231 units at\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\/103262"}],"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=103262"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103262\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}