{"id":105417,"date":"2019-03-26T21:30:22","date_gmt":"2019-03-26T14:30:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachems-sol-city-project-met-with-weak-demand-despite-discounted-prices\/"},"modified":"2019-03-26T23:06:17","modified_gmt":"2019-03-26T16:06:17","slug":"hong-kong-developer-chinachems-sol-city-project-met-with-weak-demand-despite-discounted-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachems-sol-city-project-met-with-weak-demand-despite-discounted-prices\/","title":{"rendered":"Hong Kong developer Chinachem\u2019s Sol City project met with weak demand despite discounted prices"},"content":{"rendered":"<p>&#013;<br \/>\nHome sales at Hong Kong property developer Chinachem Group\u2019s Sol City development in Yuen Long got off to a slow start on Tuesday, and only a fifth of the 148 units on offer were sold. The lacklustre sales, which started at 6pm, added to evidence that a correction in Hong Kong\u2019s property market is far from over.Twenty-nine apartments were sold, with most buyers seeking one-bedroom units, said Sammy Po Siu-ming, the chief executive of Midland Realty\u2019s residential division, the project\u2019s sales\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3003393\/hong-kong-developer-chinachems-sol-city-project-met-weak-demand\" target=\"_blank\">Hong Kong developer Chinachem\u2019s Sol City project met with weak demand despite discounted prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Home sales at Hong Kong property developer Chinachem Group\u2019s Sol City development in Yuen Long&#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-105417","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-rqh","jetpack-related-posts":[{"id":64602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyer-frenzy-over-chinachems-parc-city-project-a-sign-that-hong-kong-flats-still-in-high-demand\/","url_meta":{"origin":105417,"position":0},"title":"Buyer frenzy over Chinachem\u2019s Parc City project a sign that Hong Kong flats still in high demand","date":"August 25, 2017","format":false,"excerpt":"\r Nearly a thousand prospective buyers turned out for a new residental project in Tsuen Wan on Friday morning, despite home prices in Hong Kong surging for 13 months in a row, maintaining the city\u2019s position as the world\u2019s most expensive urban centre to live in. Long queues were seen\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147849,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-chinachems-echo-house-in-cheung-sha-wan-a-hit-with-buyers\/","url_meta":{"origin":105417,"position":1},"title":"Hong Kong property: Chinachem\u2019s Echo House in Cheung Sha Wan a hit with buyers","date":"October 27, 2024","format":false,"excerpt":"\r The developer found buyers for all 198 units in the project, agents said.\r \r Source : South China Morning Post\r Read more...Hong Kong property: Chinachem\u2019s Echo House in Cheung Sha Wan a hit with buyers","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115478,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachems-hotels-unit-brings-in-robots-to-beat-coronavirus-slump\/","url_meta":{"origin":105417,"position":2},"title":"Hong Kong developer Chinachem\u2019s hotels unit brings in robots to beat coronavirus slump","date":"April 8, 2020","format":false,"excerpt":"\r Hong Kong hotels operator L\u2019hotel Group has turned to robots amid a Covid-19 driven slump in the hospitality sector, with the aim of providing meals to guests and ensuring reduced interaction with staff.The company, which is wholly owned by property developer Chinachem Group, will have three artificial intelligence robots\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105931,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachem-sues-co-working-operator-kr-space-for-failing-to-execute-one-hennessy-lease\/","url_meta":{"origin":105417,"position":3},"title":"Hong Kong developer Chinachem sues co-working operator Kr Space for failing to execute One Hennessy lease","date":"April 10, 2019","format":false,"excerpt":"\r Chinachem Group, the chemical producer-turned-property developer, has slapped a law suit on one of China\u2019s biggest co-working space operators for reneging on a contract, according to a writ filed with the Hong Kong High Court.The Hong Kong developer has sued Kr Space, a spin-off of technology platform 36kr.com, claiming\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146963,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinachems-nina-hospitality-eyes-uk-singapore-markets-while-hong-kong-regains-momentum\/","url_meta":{"origin":105417,"position":4},"title":"Chinachem\u2019s Nina Hospitality eyes UK, Singapore markets while Hong Kong regains momentum","date":"September 8, 2024","format":false,"excerpt":"\r Nina\u2019s managing director said it is looking at expanding on the mainland and overseas, while becoming an upscale hotel group in Hong Kong.\r \r Source : South China Morning Post\r Read more...Chinachem\u2019s Nina Hospitality eyes UK, Singapore markets while Hong Kong regains momentum","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinachems-low-price-strategy-draws-more-interest-among-competing-tsuen-wan-projects\/","url_meta":{"origin":105417,"position":5},"title":"Chinachem\u2019s low price strategy draws more interest among competing Tsuen Wan projects","date":"August 20, 2017","format":false,"excerpt":"\r Hong Kong developers found that a lower price strategy worked best over the weekend as two major projects in Tsuen Wan competed for buyer interest. Chinachem Group\u2019s Parc City, which was priced an average of 14 per cent below Cheung Kong Property\u2019s Ocean Supreme, received stronger buying interest. Chinachem\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\/105417"}],"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=105417"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105417\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}