{"id":115718,"date":"2020-04-18T17:36:45","date_gmt":"2020-04-18T10:36:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-emerald-bay-project-flops-for-the-second-time-in-two-months-as-buyers-stay-away-amid-hong-kongs-economic-slump\/"},"modified":"2020-04-18T18:18:29","modified_gmt":"2020-04-18T11:18:29","slug":"evergrandes-emerald-bay-project-flops-for-the-second-time-in-two-months-as-buyers-stay-away-amid-hong-kongs-economic-slump","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-emerald-bay-project-flops-for-the-second-time-in-two-months-as-buyers-stay-away-amid-hong-kongs-economic-slump\/","title":{"rendered":"Evergrande\u2019s Emerald Bay project flops for the second time in two months as buyers stay away amid Hong Kong\u2019s economic slump"},"content":{"rendered":"


\nChina Evergrande suffered its second sales flop in two months as Hong Kong\u2019s homebuyers gave their collective cold shoulder to its Emerald Bay flats in Tuen Mun, even after a 14-per cent average discount.The Chinese developer managed to find buyers for 16 flats, or a mere 6 per cent of the 269 units on offer at 4pm, according to sales agents. A month earlier, Evergrande sold a third of the first batch of Emerald Bay flats during the peak of the city\u2019s coronavirus outbreak.Since then, Hong Kong\u2026
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\nSource : South China Morning Post
\nRead more…Evergrande\u2019s Emerald Bay project flops for the second time in two months as buyers stay away amid Hong Kong\u2019s economic slump<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande suffered its second sales flop in two months as Hong Kong\u2019s homebuyers gave...<\/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-115718","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-u6q","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":115718,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116197,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-emerald-bay-flats-flop-in-their-third-weekend-sale-in-three-months-as-homebuyers-ignore-developers-discount\/","url_meta":{"origin":115718,"position":1},"title":"Evergrande\u2019s Emerald Bay flats flop in their third weekend sale in three months as homebuyers ignore developer\u2019s discount","date":"May 9, 2020","format":false,"excerpt":"\r China Evergrande\u2019s weekend sale of its Emerald Bay flats in Tuen Mun has flopped for the third time in as many months, as Hong Kong\u2019s homebuyers shunned its meagre discounts in anticipation of further price declines.The developer managed to find buyers for 34 flats, or 10 per cent of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122381,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-infects-hong-kong-market-as-midland-centaline-property-agencies-seek-to-recover-sales-commissions\/","url_meta":{"origin":115718,"position":2},"title":"Evergrande: crisis infects Hong Kong market as Midland, Centaline property agencies seek to recover sales commissions","date":"October 5, 2021","format":false,"excerpt":"\r China Evergrande\u2019s debt crisis is starting to infect Hong Kong\u2019s property market as a local real estate agency group sued to recover overdue commissions from two housing projects in the city. Another group is also considering a similar action.Midland Realty International and Hong Kong Property Services (Agency) are claiming\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114778,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-spurn-hong-kongs-first-home-sale-in-two-months-as-covid-19-outbreak-adds-weight-to-a-slumping-property-market\/","url_meta":{"origin":115718,"position":3},"title":"Buyers spurn Hong Kong\u2019s first home sale in two months, as Covid-19 outbreak adds weight to a slumping property market","date":"March 7, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers spurned the city\u2019s first property sale in two months, as larger-than-usual discounts failed to attract them to big-ticket financial commitments amid a slumping economy wrecked by a coronavirus outbreak.China Evergrande sold 49 of the 141 flats on offer at the second phase of its Emerald Bay\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-fails-to-offload-leftover-units-at-the-emerald-bay-phase-2-project-in-hong-kong\/","url_meta":{"origin":115718,"position":4},"title":"China Evergrande fails to offload leftover units at The Emerald Bay Phase 2 project in Hong Kong","date":"October 16, 2020","format":false,"excerpt":"\r China Evergrande, the world\u2019s most indebted developer, failed to offload leftover units at its The Emerald Bay Phase 2 project in Hong Kong on Friday.It had sold just seven out of 262 units as of 7pm local time, which agents attributed to an oversupply of new flats in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111965,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-emerald-bay-housing-project-in-tuen-mun-is-a-sell-out-as-buyers-find-low-prices-discounts-hard-to-resist\/","url_meta":{"origin":115718,"position":5},"title":"China Evergrande\u2019s Emerald Bay housing project in Tuen Mun is a sell-out as buyers find low prices, discounts hard to resist","date":"October 29, 2019","format":false,"excerpt":"\r China Evergrande\u2019s first project in Hong Kong got off to a flying start, as investors were attracted by the relatively low prices and an easing of mortgage rules, upstaging rivals that saw relatively modest sales last week.The mainland developer sold all 167 flats on offer at its Emerald Bay\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\/115718"}],"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=115718"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115718\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}