{"id":116623,"date":"2020-05-23T20:00:19","date_gmt":"2020-05-23T13:00:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-enter-the-market-as-developers-dangle-discounts-to-end-nine-weeks-of-slumping-property-sales\/"},"modified":"2020-05-23T21:03:05","modified_gmt":"2020-05-23T14:03:05","slug":"hong-kong-homebuyers-enter-the-market-as-developers-dangle-discounts-to-end-nine-weeks-of-slumping-property-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-enter-the-market-as-developers-dangle-discounts-to-end-nine-weeks-of-slumping-property-sales\/","title":{"rendered":"Hong Kong homebuyers enter the market, as developers dangle discounts to end nine weeks of slumping property sales"},"content":{"rendered":"


\nHong Kong\u2019s homebuyers came off the sidelines to nibble at more than 200 flats offered at two projects, as developers slashed prices to end nine consecutive weeks of sales flops.Sun Hung Kai Properties (SHKP), the city\u2019s most valuable developer, managed to sell 162 of 200 flats, or 80 per cent of units offered in the first batch of the second phase of its Wetland Seasons Park project in Tin Shui Wai as of 9:30pm after cutting prices by up to 18 per cent. Easyknit International found buyers for\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong homebuyers enter the market, as developers dangle discounts to end nine weeks of slumping property sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s homebuyers came off the sidelines to nibble at more than 200 flats offered...<\/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-116623","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-ul1","jetpack-related-posts":[{"id":114834,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-dangle-discounts-to-whet-appetite-in-market-cratering-from-coronavirus-outbreak-protests\/","url_meta":{"origin":116623,"position":0},"title":"Hong Kong developers dangle discounts to whet appetite in market cratering from coronavirus outbreak, protests","date":"March 11, 2020","format":false,"excerpt":"\r Some Hong Kong developers are dangling more discounts to attract buyers in the first few home launches since the coronavirus outbreak. The reception in the coming weeks could signal if the market has further room to slide.China Evergrande widened the discount at its Emerald Bay project in Tuen Mun\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97360,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-big-mortgages-offered-by-hong-kong-developers-to-speed-up-sales-raises-default-fears\/","url_meta":{"origin":116623,"position":1},"title":"Rise in big mortgages offered by Hong Kong developers to speed up sales raises default fears","date":"September 6, 2018","format":false,"excerpt":"\r The number of Hong Kong developers providing mortgages for homebuyers hit a record in the second quarter of this year, raising concerns over a possible rise in defaults should an increase in interest rates and falling prices hurt sentiment in the world\u2019s most expensive property market. Builders offering financing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143921,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-snapping-up-flats-because-of-discounts-market-has-too-much-stock-for-price-increases-analysts-warn-hong-kong-developers\/","url_meta":{"origin":116623,"position":2},"title":"Homebuyers snapping up flats because of discounts, market has too much stock for price increases, analysts warn Hong Kong developers","date":"April 30, 2024","format":false,"excerpt":"\r Hongkongers are less willing to buy homes amid price increases at new launches by developers, analysts said after Great Eagle Holdings announced a new higher price list for another 150 units at its Onmantin project on Monday.\r \r Source : South China Morning Post\r Read more...Homebuyers snapping up flats\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112881,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-flat-sales-in-hong-kong-at-15-year-high-as-developers-offer-deep-discounts-amid-protests-impending-vacancy-tax\/","url_meta":{"origin":116623,"position":3},"title":"New flat sales in Hong Kong at 15-year high as developers offer deep discounts amid protests, impending vacancy tax","date":"December 5, 2019","format":false,"excerpt":"\r Homebuyers spent HK$214 billion (US$27.3 billion) on more than 20,000 new flats in the first 11 months of the year, the most since 2004, as developers rushed to offload stock because of the impending vacancy tax and uncertain market outlook, according to Ricacorp Properties.The average flat price fell 26.8\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-a-third-of-500-flats-offered-by-five-developers-in-citys-biggest-weekend-sale-since-september\/","url_meta":{"origin":116623,"position":4},"title":"Hong Kong homebuyers snap up a third of 500 flats offered by five developers in city\u2019s biggest weekend sale since September","date":"December 18, 2021","format":false,"excerpt":"\r Hong Kong homebuyers snapped up 145 flats of nearly 500 units offered by five major developers as of 6pm on Saturday, marking the city\u2019s biggest weekend sale since September in terms of number of flats up for grabs.Henderson Land sold out all 50 flats on offer at its Caine\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-deliver-brisk-weekend-sales-for-developers-as-small-flats-favoured\/","url_meta":{"origin":116623,"position":5},"title":"Hong Kong homebuyers deliver brisk weekend sales for developers, as small flats favoured","date":"March 9, 2025","format":false,"excerpt":"\r Strong results for Sun Hung Kai Properties and Henderson Land show improving sentiment after a stamp-duty cut, agents say.\r \r Source : South China Morning Post\r Read more...Hong Kong homebuyers deliver brisk weekend sales for developers, as small flats favoured","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\/116623"}],"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=116623"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116623\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=116623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=116623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=116623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}