{"id":113447,"date":"2020-01-07T09:05:10","date_gmt":"2020-01-07T02:05:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-set-to-vie-for-buyers-affection-as-a-glut-of-new-flats-floods-the-market\/"},"modified":"2020-01-07T10:05:22","modified_gmt":"2020-01-07T03:05:22","slug":"hong-kong-developers-set-to-vie-for-buyers-affection-as-a-glut-of-new-flats-floods-the-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-set-to-vie-for-buyers-affection-as-a-glut-of-new-flats-floods-the-market\/","title":{"rendered":"Hong Kong developers set to vie for buyers\u2019 affection as a glut of new flats floods the market"},"content":{"rendered":"


\nHong Kong developers could come under pressure to reduce prices amid a spate of new project launches, according to market observers.Centaline Property Agency said on Monday that six developers who hold 5,120 unsold flats since 2016 are likely to speed up sales to avoid the soon-to-be introduced vacancy tax.Combined with Midland Realty\u2019s forecast two weeks ago of 27,000 new flats likely to go on sale in 2020, the overall supply would rise to 32,120 units.Sammy Po, chief executive of Midland\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developers set to vie for buyers\u2019 affection as a glut of new flats floods the market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong developers could come under pressure to reduce prices amid a spate of new...<\/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-113447","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-tvN","jetpack-related-posts":[{"id":120636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thai-developer-sansiri-targets-hong-kong-buyers-with-affordable-mini-flats-in-bangkok-amid-glut\/","url_meta":{"origin":113447,"position":0},"title":"Thai developer Sansiri targets Hong Kong buyers with \u2018affordable\u2019 mini flats in Bangkok amid glut","date":"June 29, 2021","format":false,"excerpt":"\r With Thai developers struggling to dispose of a massive stock of unsold flats in Bangkok, many of them are trying to lure overseas buyers with huge discounts and bargains to whittle down the inventory and get the struggling sector back on its footing.Bangkok-listed Sansiri, one of the top three\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133786,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-likely-to-offer-incentives-to-lure-buyers-as-they-brace-for-glut-of-new-units-in-2023-says-cbre\/","url_meta":{"origin":113447,"position":1},"title":"Hong Kong developers likely to offer incentives to lure buyers as they brace for glut of new units in 2023, says CBRE","date":"January 19, 2023","format":false,"excerpt":"\r With unsold stock of between 16,000 and 18,000 units, and new supply in the pipeline, about 45,000 new flats are likely to become available this year, says CBRE, roughly four times the number that sold in 2022.\r \r Source : South China Morning Post\r Read more...Hong Kong developers likely\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146397,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-keep-pricing-flats-to-move-amid-supply-glut-high-rates\/","url_meta":{"origin":113447,"position":2},"title":"Hong Kong developers keep pricing flats to move amid supply glut, high rates","date":"July 15, 2024","format":false,"excerpt":"\r New price lists from New World Development, Far East Consortium and Early Light International undercut recent nearby sales by up to a third amid buyer\u2019s market \u2013 for those who can stomach the interest rates.\r \r Source : South China Morning Post\r Read more...Hong Kong developers keep pricing flats\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122270,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/carrie-lams-policy-address-could-push-hong-kong-developers-to-put-10000-flats-up-for-sale-in-fourth-quarter\/","url_meta":{"origin":113447,"position":3},"title":"Carrie Lam\u2019s policy address could push Hong Kong developers to put 10,000 flats up for sale in fourth quarter","date":"September 29, 2021","format":false,"excerpt":"\r As many as 10,000 new flats may become available for sale in the fourth quarter of this year in Hong Kong, after Carrie Lam Cheng Yuet-ngor, the city\u2019s leader, unveils a widely expected blueprint for increasing land supply to alleviate a housing shortage in her last policy address on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28223,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-slow-during-national-day-holiday-after-developers-raise-prices\/","url_meta":{"origin":113447,"position":4},"title":"Hong Kong home sales slow during National Day holiday after developers raise prices","date":"October 2, 2016","format":false,"excerpt":"\r Hong Kong home sales, currently dominated by new projects, slowed during the National Day holiday as buyers turned cautious after developers raised prices by as much as 10 per cent within a month, industry experts said. In the primary residential market, about half of the estimated 350 new flats\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155352,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkoks-housing-glut-spreads-to-phuket-as-developers-eye-tourist-demand\/","url_meta":{"origin":113447,"position":5},"title":"Bangkok\u2019s housing glut spreads to Phuket as developers eye tourist demand","date":"June 8, 2025","format":false,"excerpt":"\r The housing glut in Bangkok is spilling over to Thailand\u2019s southern island of Phuket as property developers capitalised on demand from tourists and retirees after buyers from mainland China and Hong Kong retreated from the market. Some 10,000 new flats will enter the market this year, according to property\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\/113447"}],"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=113447"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113447\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}