{"id":117536,"date":"2020-07-03T16:53:06","date_gmt":"2020-07-03T09:53:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-home-sales-surge-to-13-month-high-in-june-as-developers-price-projects-aggressively-to-attract-buyers\/"},"modified":"2020-07-03T18:03:09","modified_gmt":"2020-07-03T11:03:09","slug":"hong-kongs-new-home-sales-surge-to-13-month-high-in-june-as-developers-price-projects-aggressively-to-attract-buyers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-home-sales-surge-to-13-month-high-in-june-as-developers-price-projects-aggressively-to-attract-buyers\/","title":{"rendered":"Hong Kong\u2019s new home sales surge to 13-month high in June as developers price projects aggressively to attract buyers"},"content":{"rendered":"<p>&#013;<br \/>\nSales of new flats in Hong Kong jumped to a 13-month high in June as developers stepped up marketing efforts and offered steeper discounts to woo buyers at a time of escalating US-China tensions and uncertainties over the coronavirus pandemic.New home sales surged 92 per cent month on month to 2,136 units in June, short of the 2,314 units sold in May 2019, according to Land Registry data on Friday. The value of transactions rose for the fifth consecutive month to HK$70.59 billion (US$9.1\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3091744\/hong-kongs-new-home-sales-surge-13-month-high-june-developers-price\" target=\"_blank\">Hong Kong\u2019s new home sales surge to 13-month high in June as developers price projects aggressively to attract buyers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Sales of new flats in Hong Kong jumped to a 13-month high in June as&#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-117536","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-uzK","jetpack-related-posts":[{"id":138909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-line-up-home-sales-at-heavy-discounts-to-clear-unsold-stock-fearful-of-further-price-cuts-in-a-watchful-market\/","url_meta":{"origin":117536,"position":0},"title":"Hong Kong developers line up home sales at heavy discounts to clear unsold stock, fearful of further price cuts in a watchful market","date":"August 23, 2023","format":false,"excerpt":"\r Some of Hong Kong\u2019s biggest developers have lined up sales of residential projects with revised price lists, using CK Asset\u2019s Coast Line as a benchmark to attract cautious buyers.\r \r Source : South China Morning Post\r Read more...Hong Kong developers line up home sales at heavy discounts to clear\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107495,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-sales-flop-for-a-second-consecutive-weekend-as-worsening-us-china-relations-give-buyers-more-cause-for-pause\/","url_meta":{"origin":117536,"position":1},"title":"Hong Kong\u2019s home sales flop for a second consecutive weekend as worsening US-China relations give buyers more cause for pause","date":"May 25, 2019","format":false,"excerpt":"\r Hong Kong\u2019s home sales flopped for the second consecutive weekend, as an unexpected deterioration in US-China relations gave investors reason to postpone making long-term financial commitments.Two flats were sold out of 104 units on offer in three districts across the city, marking the worst sales weekend for developers since\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112099,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-greet-developers-attempt-to-sell-leftover-residential-property-with-their-collective-cold-shoulder\/","url_meta":{"origin":117536,"position":2},"title":"Hong Kong\u2019s homebuyers greet developers\u2019 attempt to sell leftover residential property with their collective cold shoulder","date":"November 2, 2019","format":false,"excerpt":"\r Hong Kong\u2019s biggest sales weekend for residential property in almost five months was met with a collective shrug, as homebuyers mostly ignored the 622 unsold homes left over from previous launches to wait for new projects that are due for release in the coming months.A total of 152 flats,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112833,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-november-homes-sales-jump-to-six-month-high-as-buyers-take-advantage-of-relaxed-mortgage-policy-price-cuts\/","url_meta":{"origin":117536,"position":3},"title":"Hong Kong\u2019s November homes sales jump to six-month high as buyers take advantage of relaxed mortgage policy, price cuts","date":"December 3, 2019","format":false,"excerpt":"\r Hong Kong home sales surged to a six-month high in November on the back of an easing in mortgage lending policy and developers\u2019 aggressive marketing of new projects, but market watchers say sales are unlikely to be sustained this month.Overall residential transactions surged 43.9 per cent month on month\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116623,"url":"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\/","url_meta":{"origin":117536,"position":4},"title":"Hong Kong homebuyers enter the market, as developers dangle discounts to end nine weeks of slumping property sales","date":"May 23, 2020","format":false,"excerpt":"\r Hong 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115865,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-buyers-shun-developers-sales-overtures-as-economic-slump-deters-families-from-capital-commitments\/","url_meta":{"origin":117536,"position":5},"title":"Hong Kong home buyers shun developers\u2019 sales overtures as economic slump deters families from capital commitments","date":"April 25, 2020","format":false,"excerpt":"\r Hong 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\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\/117536"}],"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=117536"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117536\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}