{"id":110573,"date":"2019-09-08T15:06:34","date_gmt":"2019-09-08T08:06:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-flop-at-residential-project-in-tuen-mun-the-latest-worrying-sign-of-pressure-on-property-market-amid-protests\/"},"modified":"2019-09-08T17:03:55","modified_gmt":"2019-09-08T10:03:55","slug":"sales-flop-at-residential-project-in-tuen-mun-the-latest-worrying-sign-of-pressure-on-property-market-amid-protests","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-flop-at-residential-project-in-tuen-mun-the-latest-worrying-sign-of-pressure-on-property-market-amid-protests\/","title":{"rendered":"Sales flop at residential project in Tuen Mun \u2013 the latest worrying sign of pressure on property market amid protests"},"content":{"rendered":"<p>&#013;<br \/>\nSales of flats at a new development in Tuen Mun flopped on Sunday, as potential buyers grow cautious amid anti-government protests and fresh data showing prices of lived-in homes have fallen.Only 22 units, or 19 per cent of 113 flats put up for sale at Wing Tai Properties\u2019 Oma Oma development in Tuen Mun, sold on Sunday, according to sources.\u201cIt is the poorest sales outcome in the past two months ,\u201d said Sammy Po, chief executive of Midland Realty\u2019s residential development. \u201cBuyers are\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3026229\/sales-flop-residential-project-tuen-mun-latest-worrying-sign-pressure\" target=\"_blank\">Sales flop at residential project in Tuen Mun \u2013 the latest worrying sign of pressure on property market amid protests<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Sales of flats at a new development in Tuen Mun flopped on Sunday, as potential&#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-110573","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-sLr","jetpack-related-posts":[{"id":116976,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fourth-time-unlucky-for-china-evergrande-as-hong-kong-investors-shun-emerald-bay-project-in-tuen-mun\/","url_meta":{"origin":110573,"position":0},"title":"Fourth time unlucky for China Evergrande as Hong Kong investors shun Emerald Bay project in Tuen Mun","date":"June 7, 2020","format":false,"excerpt":"\r China Evergrande\u2019s poor run of sales at its Emerald Bay residential project in Tuen Mun continued on Sunday, as property buyers become increasingly picky in an uncertain economic climate.It was the second of three sales to flop over the weekend, after buyers shunned Wheelock & Co\u2019s Ocean Marini development.The\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108972,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-give-their-collective-cold-shoulder-to-new-flats-in-tuen-mun-tai-po-as-persistent-protest-rallies-weigh-on-sentiments\/","url_meta":{"origin":110573,"position":1},"title":"Homebuyers give their collective cold shoulder to new flats in Tuen Mun, Tai Po as persistent protest rallies weigh on sentiments","date":"July 13, 2019","format":false,"excerpt":"\r Hong Kong\u2019s property buyers gave their collective cold shoulder to the biggest sale of new homes in a month, picking up just over 30 per cent the 442 new flats on offer, as sentiments stayed downbeat amid protest rallies that have persisted since early June.Wing Tai Properties sold 23\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-to-sell-251-flats-in-tuen-mun-on-sunday-defying-downbeat-mood-amid-trade-war-street-protests-and-rising-rates\/","url_meta":{"origin":110573,"position":2},"title":"Vanke to sell 251 flats in Tuen Mun on Sunday, defying downbeat mood amid trade war, street protests and rising rates","date":"June 12, 2019","format":false,"excerpt":"\r The Hong Kong unit of China\u2019s most valuable property developer said it is putting 251 flats up for sale this Sunday, in a defiant launch against downbeat sentiments amid a worsening US-China trade war and the city\u2019s biggest street protests in two decades.Vanke Property (Hong Kong) will sell 251\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-reports-another-dismal-sales-weekend-in-tuen-mun-as-home-market-heads-for-the-big-chill\/","url_meta":{"origin":110573,"position":3},"title":"Hong Kong reports another dismal sales weekend in Tuen Mun as home market heads for the big chill","date":"November 24, 2018","format":false,"excerpt":"\r Hong Kong\u2019s residential property market witnessed another weekend of dismal sales, as even double-digit discounts could not lure buyers to commit, in yet another sign that the world\u2019s priciest flats have given way to a buyers\u2019 market. Chuang\u2019s China Investments, which offered discounts of up to 16 per cent\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146455,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-discounted-uppland-flats-in-tuen-mun-reversing-sales-flops\/","url_meta":{"origin":110573,"position":4},"title":"Hong Kong homebuyers snap up discounted Uppland flats in Tuen Mun, reversing sales flops","date":"July 20, 2024","format":false,"excerpt":"\r Early Light priced its new project in the New Territories at an eight-year low, reflecting how Hong Kong\u2019s developers are deploying low-price strategies to entice buyers amid a slump in transactions.\r \r Source : South China Morning Post\r Read more...Hong Kong homebuyers snap up discounted Uppland flats in Tuen\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108984,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-fail-to-dampen-demand-for-micro-flats-as-t-plus-project-in-tuen-mun-sells-245-out-of-344-units\/","url_meta":{"origin":110573,"position":5},"title":"Hong Kong protests fail to dampen demand for micro flats as T-Plus project in Tuen Mun sells 245 out of 344 units","date":"July 14, 2019","format":false,"excerpt":"\r The allure of a property \u201cbargain\u201d in Hong Kong may be stronger than concerns about the recent social unrest that has rocked the city if sales of tiny, heavily discounted, flats at a major project in Tuen Mun today were anything to go by.By 6pm on Sunday, 245 of\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\/110573"}],"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=110573"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110573\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}