{"id":104327,"date":"2019-02-23T06:15:57","date_gmt":"2019-02-22T23:15:57","guid":{"rendered":"http:\/\/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\/"},"modified":"2019-02-23T09:03:57","modified_gmt":"2019-02-23T02:03:57","slug":"hong-kong-housing-market-fails-to-pick-up-in-year-of-the-pig-as-low-prices-fail-to-woo-buyers","status":"publish","type":"post","link":"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\/","title":{"rendered":"Hong Kong housing market fails to pick up in Year of the Pig, as low prices fail to woo buyers"},"content":{"rendered":"<p>&#013;<br \/>\nThe 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 tender, only one 685 sq ft unit was sold for HK$9.99 million (US$1.27 million), or HK$14,588 per square foot. The price, on a per square foot basis, was 22 per cent below the price for Sun Hung Kai Properties\u2019 The St Martin development \u2013\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2187365\/hong-kong-housing-market-fails-pick-year-pig-low-prices-fail-woo-buyers\" target=\"_blank\">Hong Kong housing market fails to pick up in Year of the Pig, as low prices fail to woo buyers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The Hong Kong housing market has made a slow start to the Year of the&#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-104327","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-r8H","jetpack-related-posts":[{"id":102976,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-offers-aggressive-discounts-at-tai-po-development-mayfair-by-the-sea-8-to-woo-buyers\/","url_meta":{"origin":104327,"position":0},"title":"Sino Land offers aggressive discounts at Tai Po development Mayfair by the Sea 8 to woo buyers","date":"January 15, 2019","format":false,"excerpt":"\r Hong Kong developer Sino Land is offering up to 30 per cent discounts at a development in Tai Po to try to drum up sales amid a weakening housing market in the city. The developer is selling the first batch of 108 units of its Mayfair by the Sea\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103262,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/discounted-hong-kong-development-does-not-match-demand-for-smaller-apartments-fails-to-sell-out\/","url_meta":{"origin":104327,"position":1},"title":"Discounted Hong Kong development does not match demand for smaller apartments, fails to sell out","date":"January 24, 2019","format":false,"excerpt":"\r Hong 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. The\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":396,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-flat-sells-for-record-hk594-7-million\/","url_meta":{"origin":104327,"position":2},"title":"Hong Kong luxury flat sells for record HK$594.7 million","date":"December 31, 2015","format":false,"excerpt":"\r \r A luxury apartment in Hong Kong that sold for a record HK$594.7 million (Dh281.8m) days before Christmas, has become the most expensive flat in the city and possibly in Asia.An unidentified buyer paid more than HK$103,700 per-square foot for the 5,732 square-foot unit at the luxury 39 Conduit\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":104327,"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 &quot;Property News&quot;","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":104327,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171388,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chow-yun-fat-nets-91-gain-on-hong-kong-flat-after-31-years-as-prices-rebound\/","url_meta":{"origin":104327,"position":5},"title":"Chow Yun-fat nets 91% gain on Hong Kong flat after 31 years as prices rebound","date":"April 20, 2026","format":false,"excerpt":"\r Chow Yun-fat, the legendary Hong Kong actor, has sold a Mid-Levels flat after more than three decades, securing a roughly 91 per cent gain, as the city\u2019s secondary housing market continues to strengthen. The 541 sq ft, three-bedroom flat in Corona Tower fetched HK$7.5 million (US$960,000), or HK$13,863 per\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\/104327"}],"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=104327"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104327\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=104327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=104327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=104327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}