{"id":118663,"date":"2020-09-17T18:46:17","date_gmt":"2020-09-17T11:46:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-give-midweek-property-sales-a-miss-amid-unemployment-economic-worries\/"},"modified":"2020-09-17T19:04:46","modified_gmt":"2020-09-17T12:04:46","slug":"hong-kong-homebuyers-give-midweek-property-sales-a-miss-amid-unemployment-economic-worries","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-give-midweek-property-sales-a-miss-amid-unemployment-economic-worries\/","title":{"rendered":"Hong Kong homebuyers give midweek property sales a miss amid unemployment, economic worries"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s avid homebuyers stayed on the sidelines for the first big sale of flats on Thursday after the government relaxed social distancing measures, reluctant to spend on big ticket items as the economy shows no signs of emerging from a recession that has stretched into four quarters.As of 6pm, mainland developers Longfor Group and KWG Property managed to sell just one out of 123 flats at the Upper River Bank project in East Kowloon, close to the former Kai Tak airport, agents said, adding\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3101967\/hong-kong-homebuyers-give-midweek-property-sales-miss-amid-unemployment\" target=\"_blank\">Hong Kong homebuyers give midweek property sales a miss amid unemployment, economic worries<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s avid homebuyers stayed on the sidelines for the first big sale of flats&#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-118663","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-uRV","jetpack-related-posts":[{"id":119822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-defy-broken-economy-surging-unemployment-snapping-up-flats-at-wheelocks-monaco-project-in-kai-tak\/","url_meta":{"origin":118663,"position":0},"title":"Hong Kong homebuyers defy broken economy, surging unemployment, snapping up flats at Wheelock\u2019s Monaco project in Kai Tak","date":"January 22, 2021","format":false,"excerpt":"\r Enthusiastic homebuyers defied concerns that Hong Kong\u2019s sky-high unemployment rate and economic malaise might undermine demand by snapping up new flats offered by Wheelock Properties at its Monaco project on Thursday.The second round of sales at the development in Kai Tak saw almost all of the 133 units taken\u2026","rel":"","context":"In &quot;Property News&quot;","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":118663,"position":1},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118683,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-return-in-droves-for-a-sell-out-weekend-of-flats-offered-by-sun-hung-kai-and-henderson-land\/","url_meta":{"origin":118663,"position":2},"title":"Hong Kong homebuyers return in droves for a sell-out weekend of flats offered by Sun Hung Kai and Henderson Land","date":"September 19, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers turned up in droves to snap up new flats at two projects on Saturday, shrugging aside concerns about the city\u2019s unemployment and the worst economic recession in decades, as social-distancing regulations eased.Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by value, sold 127 of 133\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-extend-sell-out-streak-amid-renewed-confidence-in-market\/","url_meta":{"origin":118663,"position":3},"title":"Hong Kong homebuyers extend sell-out streak amid renewed confidence in market","date":"April 19, 2026","format":false,"excerpt":"\r Hong Kong homebuyers\u2019 strong demand for new flats extended a streak of brisk sales for developers with one project selling out in a single day, underscoring the city\u2019s broader recovery in housing prices. All 88 units at the Pavilia Farm III project by New World Development and MTR Corporation\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171678,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-flock-to-new-launches-as-flats-sell-out-swiftly\/","url_meta":{"origin":118663,"position":4},"title":"Hong Kong homebuyers flock to new launches as flats sell out swiftly","date":"April 30, 2026","format":false,"excerpt":"\r Hong Kong homebuyers snapped up most of the new flats released on Thursday, with developers beginning to ramp up new construction amid sustained housing demand. All 120 units at the One Victoria Cove I in Hung Hom, jointly developed by Henderson Land Development, Hysan Development and Empire Group, were\u2026","rel":"","context":"In &quot;Property News&quot;","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":118663,"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 &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\/118663"}],"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=118663"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118663\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}