{"id":108285,"date":"2019-06-20T08:30:04","date_gmt":"2019-06-20T01:30:04","guid":{"rendered":"http:\/\/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\/"},"modified":"2019-06-20T09:05:38","modified_gmt":"2019-06-20T02:05:38","slug":"buyer-walks-away-from-us32-million-hong-kong-luxury-home-as-trade-war-and-protests-sap-appetite-for-real-estate-investment","status":"publish","type":"post","link":"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\/","title":{"rendered":"Buyer walks away from US$32 million Hong Kong luxury home, as trade war and protests sap appetite for real estate investment"},"content":{"rendered":"


\nA 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 the ninth floor of Tower One at 8 Deep Water Bay Drive, forfeiting a HK$12.56 million initial payment made to the developer Nan Fung Development.Deep Water Bay, located on the southern\u2026
\n
\nSource : South China Morning Post
\nRead more…Buyer walks away from US million Hong Kong luxury home, as trade war and protests sap appetite for real estate investment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A Hong Kong customer has backed out of buying a HK$251.23 million (US$32.11 million) luxury...<\/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-108285","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-sax","jetpack-related-posts":[{"id":94275,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-buyer-rewrites-hong-kong-record-books-with-us755-million-for-shouson-hill-luxury-site\/","url_meta":{"origin":108285,"position":0},"title":"Chinese buyer rewrites Hong Kong record books with US$755 million for Shouson Hill luxury site","date":"July 20, 2018","format":false,"excerpt":"\r Chinese companies\u2019 appetite for Hong Kong property shows no signs of abating, with a luxury development near Deep Water Bay selling for a record HK$5.93 billion (US$755.4 million), the largest single transaction by value in the residential market, according to Land Registry data released on Thursday. \u201cIt is a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92088,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/twin-repulse-bay-town-houses-fetch-us127-46-million-snatching-price-record-for-south-hong-kong-island\/","url_meta":{"origin":108285,"position":1},"title":"Twin Repulse Bay town houses fetch US$127.46 million, snatching price record for south Hong Kong Island","date":"June 22, 2018","format":false,"excerpt":"\r The luxury development \u201c90 Repulse Bay Road\u201d, overlooking one of the city\u2019s most scenic beaches, set a record for prices on Hong Kong Island South on Friday, with two adjoining luxury town houses going for just over HK$1 billion (US$127.46 million) to separate buyers from the same family. A\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91942,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyer-of-world-record-us760000-parking-space-is-boss-of-hong-kong-financial-company\/","url_meta":{"origin":108285,"position":2},"title":"Buyer of world-record US$760,000 parking space is boss of Hong Kong financial company","date":"June 20, 2018","format":false,"excerpt":"\r One of the Hong Kong residents who spent a jaw-dropping HK$6 million (US$760,000) on the world\u2019s most expensive parking space has been identified as the head of a financial company in the city. Jack Chan Siu-kit and Cheung Tsui-ling are the mystery buyers of the parking bay at the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102032,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-buyers-interest-in-hong-kong-luxury-homes-wanes-as-trade-war-sours-appetite\/","url_meta":{"origin":108285,"position":3},"title":"Mainland buyers\u2019 interest in Hong Kong luxury homes wanes as trade war sours appetite","date":"December 5, 2018","format":false,"excerpt":"\r Fewer deep-pocketed mainland buyers are showing an interest in the city\u2019s luxury homes amid rising economic uncertainty brought by the US-China trade war, with market observers saying enquiries for property over HK$100 million (US$12.8 million) has fallen by half. \u201cMost of the buyers from the mainland are business owners\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102866,"url":"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\/","url_meta":{"origin":108285,"position":4},"title":"Buyer of house on The Peak in Hong Kong walks away from deal \u2013 loses US$4.6 million deposit","date":"January 11, 2019","format":false,"excerpt":"\r A 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. The unidentified buyer did not proceed with the transaction for House 16 on Mount\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unit-at-39-conduit-road-luxury-project-in-hong-kong-offered-for-22pc-less\/","url_meta":{"origin":108285,"position":5},"title":"Unit at 39 Conduit Road luxury project in Hong Kong offered for 22pc less","date":"October 18, 2016","format":false,"excerpt":"\r A distressed unit at Hong Kong\u2019s 39 Conduit Road luxury development on the Mid-Levels will be offered for auction at HK$30 million, or 22.22 per cent, less than the price it was sold for in 2014. The 2,355 square foot unit on the 39th floor will be auctioned with\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\/108285"}],"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=108285"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108285\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}