{"id":110467,"date":"2019-09-03T17:53:01","date_gmt":"2019-09-03T10:53:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/citic-launches-new-project-in-ma-on-shan-at-20-per-cent-below-rivals-as-home-sales-halve-since-protests-began\/"},"modified":"2019-09-03T19:07:42","modified_gmt":"2019-09-03T12:07:42","slug":"citic-launches-new-project-in-ma-on-shan-at-20-per-cent-below-rivals-as-home-sales-halve-since-protests-began","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/citic-launches-new-project-in-ma-on-shan-at-20-per-cent-below-rivals-as-home-sales-halve-since-protests-began\/","title":{"rendered":"Citic launches new project in Ma On Shan at 20 per cent below rivals as home sales halve since protests began"},"content":{"rendered":"<p>&#013;<br \/>\nCitic has become the latest Hong Kong developer forced into selling new flats at huge discounts to attract buyers amid a property market battered by months of civil unrest.The latest official figures released on Tuesday show that home sales have halved since the start of protests that have rocked the city.Citic launched its residential project in Ma On Shan at up to 20 per cent below the price of similar properties in the same area. On Tuesday, the builder released the first 50 units at The\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3025545\/citic-launches-new-project-ma-shan-20-cent-below-rivals-protests-send-home\" target=\"_blank\">Citic launches new project in Ma On Shan at 20 per cent below rivals as home sales halve since protests began<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Citic has become the latest Hong Kong developer forced into selling new flats at huge&#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-110467","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-sJJ","jetpack-related-posts":[{"id":8416,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-overseas-land-aims-to-close-citic-deal-in-six-months\/","url_meta":{"origin":110467,"position":0},"title":"China Overseas Land aims to close Citic deal in six months","date":"March 18, 2016","format":false,"excerpt":"\r Property giant China Overseas Land & Investment said it aims to complete the acquisition of assets from Citic, China\u2019s largest state-backed conglomerate, in less than six months as it reported net profit increased 22.5 per cent last year.\r \r Source : South China Morning Post\r Read more...China Overseas Land\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-buyers-return-in-droves-helping-nan-fung-and-sino-land-sell-three-of-four-flats-in-lohas-park-and-ma-on-shan\/","url_meta":{"origin":110467,"position":1},"title":"Hong Kong\u2019s home buyers return in droves, helping Nan Fung and Sino Land sell three of four flats in Lohas Park and Ma On Shan","date":"January 30, 2021","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers snapped up 206 new flats, or three of every four units put on the market on Saturday in one of the city\u2019s biggest sales launches, as they sought to park their money in fixed assets amid low interest rates.Nan Fung Group and MTR Corporation sold 173\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154684,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-real-estate-mag-group-and-citic-limited-sign-6bn-deal\/","url_meta":{"origin":110467,"position":2},"title":"Dubai real estate: MAG Group and CITIC Limited sign $6bn deal","date":"May 28, 2025","format":false,"excerpt":"\r The development will span 18.47 million square feet and represents CITIC Limited's first entry into Dubai's real estate sector\r \r Source : arabianbusiness.com\r Read more...Dubai real estate: MAG Group and CITIC Limited sign bn deal","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/05\/MAG-Group-Partners-with-CITIC-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":37930,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/citic-capital-to-accelerate-uk-us-and-japan-property-investment-despite-capital-flight-curbs\/","url_meta":{"origin":110467,"position":3},"title":"Citic Capital to accelerate UK, US and Japan property investment, despite capital flight curbs","date":"December 13, 2016","format":false,"excerpt":"\r Citic Capital, the Chinese state-owned asset management firm, is looking to accelerate its overseas investment in Britain, the United States and Japan to meet growing demand from clients, despite China stepping up its efforts at tightening capital outflows. \u201cChinese investors needing to put capital overseas for diversification, will continue\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landsea-green-properties-and-citic-capital-to-cooperate-on-urban-renewal-investment-management\/","url_meta":{"origin":110467,"position":4},"title":"Landsea Green Properties and Citic Capital to cooperate on urban renewal investment management","date":"September 9, 2016","format":false,"excerpt":"\r Landsea Green Properties and Citic Capital Holdings will come together in a strategic cooperation to establish a platform for investment management of urban renewal properties in China at a budget of 20 billion yuan.\r \r Source : South China Morning Post\r Read more...Landsea Green Properties and Citic Capital to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61414,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-pays-record-hk1-38-billion-for-site-in-ma-on-shan\/","url_meta":{"origin":110467,"position":5},"title":"Sino Land pays record HK$1.38 billion for site in Ma On Shan","date":"July 21, 2017","format":false,"excerpt":"\r Sino Land has won a residential land plot in Ma On Shan, in Hong Kong\u2019s New Territories, for HK$1.38 billion, setting a new record for the area. Pacific Asia Limited, a subsidiary of Sino Land outbid 29 other bidders for the government tendering process, including several mainland Chinese developers,\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\/110467"}],"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=110467"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110467\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}