{"id":111893,"date":"2019-10-25T20:31:08","date_gmt":"2019-10-25T13:31:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-hong-kong-property-projects-fail-to-dazzle-as-buyers-turn-to-secondary-market-amid-downbeat-sentiment\/"},"modified":"2019-10-25T21:40:01","modified_gmt":"2019-10-25T14:40:01","slug":"new-hong-kong-property-projects-fail-to-dazzle-as-buyers-turn-to-secondary-market-amid-downbeat-sentiment","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-hong-kong-property-projects-fail-to-dazzle-as-buyers-turn-to-secondary-market-amid-downbeat-sentiment\/","title":{"rendered":"New Hong Kong property projects fail to dazzle as buyers turn to secondary market amid downbeat sentiment"},"content":{"rendered":"<p>&#013;<br \/>\nNew property projects launched on Friday failed to take off, as a relaxation of mortgage restrictions diverts homebuyers to Hong Kong\u2019s secondary property market.In a dismal showing, by 6.45pm CK Asset Holdings had sold 65 out of 149 units on offer at its Seaside Sonata development in the protest-hit district of Sham Shui Po. Mainland Chinese developers Longfor Group and KWG Group had sold only eight out of 108 units at their Upper Riverbank development, while Great Eagle Holdings had sold 13\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/3034651\/new-hong-kong-property-projects-fail-dazzle-buyers-turn\" target=\"_blank\">New Hong Kong property projects fail to dazzle as buyers turn to secondary market amid downbeat sentiment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; New property projects launched on Friday failed to take off, as a relaxation of mortgage&#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-111893","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-t6J","jetpack-related-posts":[{"id":146711,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-earnings-cut-in-half-amid-downbeat-hong-kong-property-retail-markets\/","url_meta":{"origin":111893,"position":0},"title":"Henderson Land earnings cut in half amid downbeat Hong Kong property, retail markets","date":"August 21, 2024","format":false,"excerpt":"\r The developer joins a club of its peers that have turned in poor first-half results, including Swire Properties, Wharf Holdings and CK Asset.\r \r Source : South China Morning Post\r Read more...Henderson Land earnings cut in half amid downbeat Hong Kong property, retail markets","rel":"","context":"In &quot;Property News&quot;","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":111893,"position":1},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/billionaire-cecil-chao-experiments-with-co-living-to-avoid-hong-kongs-looming-vacancy-tax\/","url_meta":{"origin":111893,"position":2},"title":"Billionaire Cecil Chao experiments with co-living to avoid Hong Kong\u2019s looming vacancy tax","date":"October 30, 2019","format":false,"excerpt":"\r Billionaire Cecil Chao Sze-tsung\u2019s Cheuk Nang (Holdings) is offering seven flats at its One Kowloon Peak luxury residential project as co-living units in a bid to avoid vacancy tax amid downbeat sentiment.\u201cThe penalty is quite high if you do not lease them. If it [vacancy tax] is really implemented,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108314,"url":"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\/","url_meta":{"origin":111893,"position":3},"title":"Hong Kong developers slash home prices by up to 20 per cent to kick some tempo back into the downbeat property market","date":"June 21, 2019","format":false,"excerpt":"\r Hong 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138331,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lukewarm-home-sales-in-hong-kong-signal-caution-among-buyers-as-looming-us-fed-hike-weighs-on-sentiment\/","url_meta":{"origin":111893,"position":4},"title":"Lukewarm home sales in Hong Kong signal caution among buyers as looming US Fed hike weighs on sentiment","date":"July 15, 2023","format":false,"excerpt":"\r A third of units at a Yuen Long project and half of units in Wong Chuk Hang sold on Saturday as buyers wait to see if the Fed hikes rates again this month.\r \r Source : South China Morning Post\r Read more...Lukewarm home sales in Hong Kong signal caution\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":111893,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111893"}],"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=111893"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111893\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}