{"id":119143,"date":"2020-11-07T19:41:32","date_gmt":"2020-11-07T12:41:32","guid":{"rendered":"http:\/\/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\/"},"modified":"2020-11-07T20:04:41","modified_gmt":"2020-11-07T13:04:41","slug":"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","status":"publish","type":"post","link":"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\/","title":{"rendered":"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"},"content":{"rendered":"<p>&#013;<br \/>\nHong 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 Pavilia Farm project in Tai Wai in the New Territories, for a haul of HK$3.4 billion (US$438 million) within nine hours.The weekend\u2019s haul puts New World on track to generate US$10 billion in receipts from The\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3108913\/new-world-posts-third-sell-out-weekend-tai-wai-buyers-rush-park-their\" target=\"_blank\">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<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s homebuyers packed a real estate developer\u2019s showroom over the weekend to snap up&#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-119143","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-uZF","jetpack-related-posts":[{"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":119143,"position":0},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120786,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-weekend-home-sales-post-mixed-results-as-buyers-are-spoilt-for-choice-amid-14-per-cent-increase-in-property-supply\/","url_meta":{"origin":119143,"position":1},"title":"Hong Kong\u2019s weekend home sales post mixed results as buyers are spoilt for choice amid 14 per cent increase in property supply","date":"June 26, 2021","format":false,"excerpt":"\r Hong Kong\u2019s weekend property sales were mixed, as buyers snapped up the apartments on offer at a new development in Tai Wai but gave their collective cold shoulder to leftover flats from a 20-month project in Cheung Sha Wan.\r\rNew World Development sold 79 of the 85 flats on offer\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118947,"url":"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\/","url_meta":{"origin":119143,"position":2},"title":"New World\u2019s home sale in Tai Wai kicks off with a bang as discounts and location draw buyers to ignore oversupply and recession","date":"October 17, 2020","format":false,"excerpt":"\r Homebuyers 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-buyers-snap-up-shkps-wetland-seasons-flats-in-tin-shui-wai-for-the-second-weekend-as-sentiments-improve\/","url_meta":{"origin":119143,"position":3},"title":"Hong Kong buyers snap up SHKP\u2019s Wetland Seasons flats in Tin Shui Wai for the second weekend as sentiments improve","date":"January 11, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers piled into the first major residential property project to be launched in Tin Shui Wai in a decade, as they snap up most of the 335 homes offered by Sun Hung Kai Properties (SHKP) at the Wetland Seasons Park project.SHKP sold 70 flats shortly after kicking\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":119143,"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":119047,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-raises-prices-of-new-flats-at-pavilia-farm-project-in-tai-wai-after-first-phase-units-sold-like-hot-cakes\/","url_meta":{"origin":119143,"position":5},"title":"New World raises prices of new flats at Pavilia Farm project in Tai Wai after first phase units sold like hot cakes","date":"October 28, 2020","format":false,"excerpt":"\r New World Development priced the second phase of its newest residential project on top of Tai Wai Station in the New Territories 4.8 per cent higher than the first, which sold out in well under two weeks.The first batch of 337 flats at The Pavilia Farm, measuring 264 square\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\/119143"}],"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=119143"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119143\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}