{"id":115865,"date":"2020-04-25T19:02:00","date_gmt":"2020-04-25T12:02:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-buyers-shun-developers-sales-overtures-as-economic-slump-deters-families-from-capital-commitments\/"},"modified":"2020-04-25T19:11:51","modified_gmt":"2020-04-25T12:11:51","slug":"hong-kong-home-buyers-shun-developers-sales-overtures-as-economic-slump-deters-families-from-capital-commitments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-buyers-shun-developers-sales-overtures-as-economic-slump-deters-families-from-capital-commitments\/","title":{"rendered":"Hong Kong home buyers shun developers\u2019 sales overtures as economic slump deters families from capital commitments"},"content":{"rendered":"


\nHong Kong\u2019s weekend home sales flopped for the fourth time in six weeks, in another sign that the residential property industry\u2019s worst slump in a decade has some ways to go before recovering.CK Asset Holdings sold 11 of the 170 Seaside Sonata flats on offer in Sham Shui Po at 7pm, as buyers shrugged aside the 29 per cent average discount offered by one of Hong Kong\u2019s biggest developers. Sun Hung Kai Properties (SHKP), the city\u2019s biggest builder by market value, sold 12 of 20 Mount Regency II\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong home buyers shun developers\u2019 sales overtures as economic slump deters families from capital commitments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s weekend home sales flopped for the fourth time in six weeks, in another...<\/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-115865","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-u8N","jetpack-related-posts":[{"id":116431,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-shun-property-sales-for-the-fourth-weekend-in-a-row-as-they-await-better-deals-amid-a-glut-of-options\/","url_meta":{"origin":115865,"position":0},"title":"Hong Kong\u2019s homebuyers shun property sales for the fourth weekend in a row as they await better deals amid a glut of options","date":"May 16, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property sales flopped for the fourth straight weekend, as homebuyers turned their backs on unsold projects to wait for better discounts, amid a real estate slump in the city\u2019s worst economic contraction in decades.Wheelock Properties sold 13 flats, or 13 per cent of the 101 units on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115718,"url":"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\/","url_meta":{"origin":115865,"position":1},"title":"Evergrande\u2019s Emerald Bay project flops for the second time in two months as buyers stay away amid Hong Kong\u2019s economic slump","date":"April 18, 2020","format":false,"excerpt":"\r China 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-mid-sized-developers-seek-to-create-markets-in-unlikely-niches-to-survive-citys-worst-economic-slump-on-record\/","url_meta":{"origin":115865,"position":2},"title":"Hong Kong\u2019s mid-sized developers seek to create markets in unlikely niches to survive city\u2019s worst economic slump on record","date":"October 14, 2020","format":false,"excerpt":"\r Hong Kong\u2019s real estate developers, particularly mid-sized companies that rely on a narrow segment for their sales, are diversifying their product offerings to find potential revenue in new market niches to help them survive the city\u2019s worst recession on record.\r\rSome of them are developing data centres, while others are\u2026","rel":"","context":"In "Property News"","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":115865,"position":3},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112488,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-higher-mortgage-cap-deters-at-least-one-developer-from-building-micro-flats-as-buyers-can-now-afford-larger-homes\/","url_meta":{"origin":115865,"position":4},"title":"Hong Kong\u2019s higher mortgage cap deters at least one developer from building micro-flats as buyers can now afford larger homes","date":"November 20, 2019","format":false,"excerpt":"\r The boom in Hong Kong\u2019s micro-apartments appears to be over, as the first easing in mortgage entitlements in a decade has helped buyers to afford larger homes, causing at least one developer of shoebox-sized property to quit the market.Micro-apartments, defined as those smaller than 200 square feet (18.6 square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138327,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/greater-bay-area-will-chinas-property-slump-foil-hong-kong-developers-multibillion-dollar-bets\/","url_meta":{"origin":115865,"position":5},"title":"Greater Bay Area: will China\u2019s property slump foil Hong Kong developers\u2019 multibillion-dollar bets?","date":"July 15, 2023","format":false,"excerpt":"\r Some of Hong Kong\u2019s top developers have made huge forays into the mainland\u2019s Greater Bay Area cities, investing in an array of real estate projects. While they are well-placed to take advantage of opportunities given the crisis facing their mainland rivals, the economic situation warrants caution, analysts say.\r \r\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\/115865"}],"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=115865"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115865\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}