{"id":118947,"date":"2020-10-17T17:20:32","date_gmt":"2020-10-17T10:20:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-worlds-home-sale-in-tai-wai-kicks-off-with-a-bang-as-discounts-and-location-draw-buyers-to-ignore-oversupply-and-recession\/"},"modified":"2020-10-17T18:17:32","modified_gmt":"2020-10-17T11:17:32","slug":"new-worlds-home-sale-in-tai-wai-kicks-off-with-a-bang-as-discounts-and-location-draw-buyers-to-ignore-oversupply-and-recession","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-worlds-home-sale-in-tai-wai-kicks-off-with-a-bang-as-discounts-and-location-draw-buyers-to-ignore-oversupply-and-recession\/","title":{"rendered":"New World\u2019s home sale in Tai Wai kicks off with a bang as discounts and location draw buyers to ignore oversupply and recession"},"content":{"rendered":"


\nHomebuyers packed a salesroom on Saturday to snap up New World Development\u2019s property launch, as generous discounts persuaded them to cast aside signs of an impending property glut and rising joblessness amid Hong Kong\u2019s worst recession.New World sold 79 per cent of the 234 flats offered at The Pavilia Farm project in Tai Wai as of 4pm, according to sales agents who expect the project to sell out by the day\u2019s end. The batch on Saturday was reserved for investors with the budget for at least\u2026
\n
\nSource : South China Morning Post
\nRead more…New World\u2019s home sale in Tai Wai kicks off with a bang as discounts and location draw buyers to ignore oversupply and recession<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Homebuyers packed a salesroom on Saturday to snap up New World Development\u2019s property launch, as...<\/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-118947","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-uWv","jetpack-related-posts":[{"id":119013,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-market-gets-second-rousing-weekend-as-buyers-grab-all-units-at-new-worlds-pavilia-farm-in-tai-wai\/","url_meta":{"origin":118947,"position":0},"title":"Hong Kong property market gets second rousing weekend as buyers grab all units at New World\u2019s Pavilia Farm in Tai Wai","date":"October 25, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property market has witnessed another robust weekend as buyers grabbed all units on offer at a New World Development project, as the government signalled the city\u2019s recession is abating.Homebuyers bought all 181 units on offer at The Pavilia Farm development in Tai Wai at 5.35pm local time\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119245,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-worlds-the-pavilia-farm-project-sells-out-in-tai-wai-for-the-fourth-straight-weekend-as-hong-kongs-home-buyers-return-for-fear-of-missing-out\/","url_meta":{"origin":118947,"position":1},"title":"New World\u2019s The Pavilia Farm project sells out in Tai Wai for the fourth straight weekend as Hong Kong\u2019s home buyers return for fear of missing out","date":"November 14, 2020","format":false,"excerpt":"\r New World Development reported a fourth sell-out weekend at its latest real estate project in Hong Kong, selling all 343 flats at The Pavilia Farm in Tai Wai in nine hours, as home buyers who missed out on earlier launches packed the developer\u2019s sales room.Every flat was sold as\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":118947,"position":2},"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":119143,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-posts-a-third-sell-out-weekend-in-tai-wai-as-buyers-rush-to-park-their-money-in-flats-amid-era-of-low-interest-rates\/","url_meta":{"origin":118947,"position":3},"title":"New World posts a third sell-out weekend in Tai Wai as buyers rush to park their money in flats amid era of low interest rates","date":"November 7, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers packed a real estate developer\u2019s showroom over the weekend to snap up hundreds of new flats, as assurances of low interest rates by monetary authorities drove them to seek sanctuary in fixed assets.New World Development said it sold all 337 flats at Phase II of The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119019,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-sustain-buying-spree-at-new-worlds-tai-wai-project-prompting-rival-developers-to-raise-prices\/","url_meta":{"origin":118947,"position":4},"title":"Hong Kong homebuyers sustain buying spree at New World\u2019s Tai Wai project, prompting rival developers to raise prices","date":"October 26, 2020","format":false,"excerpt":"\r Hongkongers continued their buying spree at New World Development\u2019s latest residential development in Tai Wai in New Territories, snapping up more than three-quarters of the units offered on Monday within six hours of sales, according to property agents.The brisk sales appear to have emboldened some rival developers to raise\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-to-tear-down-and-rebuild-two-blocks-of-the-pavilia-farm-flats-in-tai-wai-citing-construction-defects\/","url_meta":{"origin":118947,"position":5},"title":"New World to tear down and rebuild two blocks of The Pavilia Farm flats in Tai Wai, citing construction defects","date":"July 8, 2021","format":false,"excerpt":"\r The Pavilia Farm, Hong Kong\u2019s bestselling new residential property of 2020, will tear down and rebuild two of the seven tower blocks under construction in Tai Wai because of defects, in an unprecedented setback in the world\u2019s most expensive real estate market.The concrete walls in the podium of blocks\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\/118947"}],"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=118947"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118947\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}