{"id":119019,"date":"2020-10-26T18:15:01","date_gmt":"2020-10-26T11:15:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-sustain-buying-spree-at-new-worlds-tai-wai-project-prompting-rival-developers-to-raise-prices\/"},"modified":"2020-10-26T19:12:10","modified_gmt":"2020-10-26T12:12:10","slug":"hong-kong-homebuyers-sustain-buying-spree-at-new-worlds-tai-wai-project-prompting-rival-developers-to-raise-prices","status":"publish","type":"post","link":"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\/","title":{"rendered":"Hong Kong homebuyers sustain buying spree at New World\u2019s Tai Wai project, prompting rival developers to raise prices"},"content":{"rendered":"<p>&#013;<br \/>\nHongkongers 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 their prices on units to be released into the market in the coming days. The strong appetite in such big-ticket items comes as a pleasant surprise to analysts, given the\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3107130\/hong-kong-homebuyers-sustain-buying-spree-new-worlds-tai-wai\" target=\"_blank\">Hong Kong homebuyers sustain buying spree at New World\u2019s Tai Wai project, prompting rival developers to raise prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hongkongers continued their buying spree at New World Development\u2019s latest residential development in Tai Wai&#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-119019","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-uXF","jetpack-related-posts":[{"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":119019,"position":0},"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":171622,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-clear-stock-amid-strong-demand-and-shrinking-supply\/","url_meta":{"origin":119019,"position":1},"title":"Hong Kong developers clear stock amid strong demand and shrinking supply","date":"April 25, 2026","format":false,"excerpt":"\r Hong Kong developers released nearly 300 new flats to the market amid enthusiastic demand from potential homebuyers as the latest official data show completion of private residential units is set to decline this year and next. By 6pm, all 218 units at the One Victoria Cove Phase I in\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":119019,"position":2},"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":171966,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-rediscover-pricing-power-amid-firmer-demand\/","url_meta":{"origin":119019,"position":3},"title":"Hong Kong developers rediscover pricing power amid firmer demand","date":"June 12, 2026","format":false,"excerpt":"\r Prices for some new homes in Hong Kong have rebounded by as much as a third from the housing market\u2019s lowest level a few years ago amid robust demand, according to analysts. Developers have priced new units this year in Tseung Kwan O, Wong Chuk Hang and Tai Wai\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":119019,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154990,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tepid-sales-at-uni-residence-as-competition-heats-up-in-new-home-market\/","url_meta":{"origin":119019,"position":5},"title":"Tepid sales at Uni Residence as competition heats up in new home market","date":"May 31, 2025","format":false,"excerpt":"\r Competition is intensifying in Hong Kong\u2019s new residential property market as improved sentiment and declining mortgage rates have prompted developers to offer attractive prices to entice buyers. Homebuyers snapped up just 58 of the 100 flats on offer on the first day of sales at Uni Residence in Tai\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\/119019"}],"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=119019"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119019\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}