{"id":108314,"date":"2019-06-21T07:00:14","date_gmt":"2019-06-21T00:00:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-slash-home-prices-by-up-to-20-per-cent-to-kick-some-tempo-back-into-the-downbeat-property-market\/"},"modified":"2019-06-21T10:03:05","modified_gmt":"2019-06-21T03:03:05","slug":"hong-kong-developers-slash-home-prices-by-up-to-20-per-cent-to-kick-some-tempo-back-into-the-downbeat-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-slash-home-prices-by-up-to-20-per-cent-to-kick-some-tempo-back-into-the-downbeat-property-market\/","title":{"rendered":"Hong Kong developers slash home prices by up to 20 per cent to kick some tempo back into the downbeat property market"},"content":{"rendered":"


\nHong Kong developers, taking advantage of the calm that has returned to the city, on Thursday launched projects at prices that undercut rivals by up to 20 per cent, hoping to attract buyers who have adopted a cautious approach.Wing Tai Properties said it would sell flats at OMA OMA in Tuen Mun at an average price of HK$12,463 per square foot, some 20 per cent lower than Sun Hung Kai Properties\u2019 Mount Regency phase two, which is also in the same area. The city\u2019s largest developer is putting 130\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developers slash home prices by up to 20 per cent to kick some tempo back into the downbeat property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong developers, taking advantage of the calm that has returned to the city, on...<\/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-108314","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-sb0","jetpack-related-posts":[{"id":103927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brace-for-a-20-per-cent-decline-in-hong-kong-home-prices-says-senior-director-of-ck-asset\/","url_meta":{"origin":108314,"position":0},"title":"Brace for a 20 per cent decline in Hong Kong home prices, says senior director of CK Asset","date":"February 13, 2019","format":false,"excerpt":"\r Hong Kong home prices could be headed for a multi-year downtrend that knock valuations by up to 20 per cent, prompting major developers to slash prices for new homes along with the sliding market, according to a senior executive at CK Asset Holdings, the second largest developer in Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89039,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-raise-prices-of-flats-by-up-to-70-per-cent-as-record-kai-tak-land-sale-boosts-confidence\/","url_meta":{"origin":108314,"position":1},"title":"Hong Kong developers raise prices of flats by up to 70 per cent as record Kai Tak land sale boosts confidence","date":"May 22, 2018","format":false,"excerpt":"\r Hong Kong developers are raising the prices of their unsold units by as much as 70 per cent in a sign that the world\u2019s hottest property market is a long way from running out of steam. Kerry Properties has priced a flat at The Bloomsway in Tuen Mun at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33366,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-shares-plunge-after-governments-surprise-cooling-measure\/","url_meta":{"origin":108314,"position":2},"title":"Hong Kong developers\u2019 shares plunge after government\u2019s surprise cooling measure","date":"November 7, 2016","format":false,"excerpt":"\r Hong Kong developers\u2019 share prices plunged on Monday after the government announced the highest stamp duty yet on property transactions in the city. Analysts said the new tightening came as a big surprise and they expect home prices to face severe cooling pressure. Cheung Kong Property Holdings slumped 8.8\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80931,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-expected-to-report-upbeat-half-year-results-lifted-by-project-releases-soaring-home-prices\/","url_meta":{"origin":108314,"position":3},"title":"Hong Kong developers expected to report upbeat half-year results, lifted by project releases, soaring home prices","date":"February 25, 2018","format":false,"excerpt":"\r Hong Kong homebuilders are expected to report strong half-year and full-year earnings during the coming weeks as home prices continued to soar and sales of new flats climbed to a decade high. Sun Hung Kai Properties (SHKP), Sino Land, CK Asset Holdings, Kerry Properties and Henderson Land Development are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103120,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-spring-into-action-after-developers-slash-prices-cutting-inventory-as-market-outlook-darkens\/","url_meta":{"origin":108314,"position":4},"title":"Homebuyers spring into action after developers slash prices, cutting inventory as market outlook darkens","date":"January 20, 2019","format":false,"excerpt":"\r Wing Tai Properties, the Hong Kong unit of Singapore developer Wing Tai Holdings, sold more than 90 per cent of its flats on offer at Tuen Mun on Sunday, with some units priced as low as HK$9,488 per square foot (US$1,210), reflecting the weakest level seen in the neighbourhood\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119099,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-the-hang-seng-index-or-unemployment-rate-a-better-predictor-of-hong-kong-housing-prices\/","url_meta":{"origin":108314,"position":5},"title":"Is the Hang Seng Index or unemployment rate a better predictor of Hong Kong housing prices?","date":"November 3, 2020","format":false,"excerpt":"\r In the last two years, Hong Kong has endured a series of major incidents, from the US-China trade war to the anti-extradition bill and associated social unrest, to the Covid-19 pandemic. The Hong Kong economy has been dampened since the third quarter of 2019, with GDP growth flipped from\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\/108314"}],"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=108314"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108314\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}