{"id":109286,"date":"2019-07-24T06:00:04","date_gmt":"2019-07-23T23:00:04","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-unlikely-to-increase-prices-of-new-flats-as-they-try-to-offload-8500-unsold-units-centaline-says\/"},"modified":"2019-07-24T07:06:13","modified_gmt":"2019-07-24T00:06:13","slug":"hong-kong-developers-unlikely-to-increase-prices-of-new-flats-as-they-try-to-offload-8500-unsold-units-centaline-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-unlikely-to-increase-prices-of-new-flats-as-they-try-to-offload-8500-unsold-units-centaline-says\/","title":{"rendered":"Hong Kong developers unlikely to increase prices of new flats as they try to offload 8,500 unsold units, Centaline says"},"content":{"rendered":"


\nHong Kong builders will probably leave their prices virtually unchanged in the second half of the year, having accumulated close to 8,500 unsold units since 2016, according to Centaline Property Agency.The developers may be keener than they have been in the past to offload the stock because of the government\u2019s proposed \u201cvacancy tax\u201d which would penalise them for holding on to finished units.\u201cDevelopers will hardly want to increase selling prices by 20 to 30 per cent like they did in the first\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developers unlikely to increase prices of new flats as they try to offload 8,500 unsold units, Centaline says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong builders will probably leave their prices virtually unchanged in the second half of...<\/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-109286","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-sqG","jetpack-related-posts":[{"id":103899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-glut-of-unsold-flats-could-put-more-pressure-on-prices\/","url_meta":{"origin":109286,"position":0},"title":"Hong Kong\u2019s glut of unsold flats could put more pressure on prices","date":"February 12, 2019","format":false,"excerpt":"\r Hong Kong home builders could face greater pressure to slash \u00adprices as the number of completed but unsold new flats they held increased at the end of last year. Analysts said some home builders would offload stock by cutting prices by 5 per cent to 10 per cent from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147328,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-to-make-nearly-18000-new-flats-available-to-homebuyers\/","url_meta":{"origin":109286,"position":1},"title":"Hong Kong developers to make nearly 18,000 new flats available to homebuyers","date":"October 8, 2024","format":false,"excerpt":"\r The government has approved presale consent for several projects, with developers eager to offload unsold inventory.\r \r Source : South China Morning Post\r Read more...Hong Kong developers to make nearly 18,000 new flats available to homebuyers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-roll-out-360-flats-at-2-hong-kong-projects-amid-improving-sentiment\/","url_meta":{"origin":109286,"position":2},"title":"Developers roll out 360 flats at 2 Hong Kong projects amid improving sentiment","date":"March 14, 2026","format":false,"excerpt":"\r Developers launched 360 flats across two projects in Hong Kong on Saturday, as builders continued to test buyer demand amid improving housing sentiment and expectations that future supply could tighten. The launches included 160 units at Zendo House in Tsim Sha Tsui, developed by Chinachem Group, and 200 units\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-rush-to-sell-empty-flats-ahead-of-new-vacancy-tax\/","url_meta":{"origin":109286,"position":3},"title":"Hong Kong developers rush to sell empty flats ahead of new vacancy tax","date":"June 20, 2018","format":false,"excerpt":"\r Property developers are rushing to offload vacant flats before the government unveils details of a new tax on empty units this month. Having stood unoccupied for the last five years, New World Development said it will release the last 38 homes in phase one of its Park Villa project\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110833,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pressure-from-beijing-looming-vacancy-tax-will-force-hong-kongs-developers-into-faster-and-cheaper-project-launches-say-analysts\/","url_meta":{"origin":109286,"position":4},"title":"Pressure from Beijing, looming vacancy tax will force Hong Kong\u2019s developers into faster and cheaper project launches, say analysts","date":"September 17, 2019","format":false,"excerpt":"\r Hong Kong\u2019s developers are coming under mounting pressure to slash their prices and offload new projects as quickly as possible, according to analysts.The pressure is coming from two sources: a looming tax on unsold flats, and a series of Chinese state-media commentaries last week urging the Hong Kong government\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108904,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-set-to-unleash-817-flats-in-the-biggest-weekend-sale-since-extradition-bill-protests-rocked-hong-kong\/","url_meta":{"origin":109286,"position":5},"title":"Developers set to unleash 817 flats in the biggest weekend sale since extradition bill protests rocked Hong Kong","date":"July 12, 2019","format":false,"excerpt":"\r Property sales are back in full swing. Six developers are selling 817 units, including Hong Kong\u2019s smallest flat, in the biggest weekend sale since protests against the controversial extradition bill started in early June.Louis Chan, vice-chairman of Asia-Pacific and chief executive of residential division at Centaline Property Agency, said\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\/109286"}],"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=109286"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109286\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}