{"id":119822,"date":"2021-01-22T07:30:11","date_gmt":"2021-01-22T00:30:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-defy-broken-economy-surging-unemployment-snapping-up-flats-at-wheelocks-monaco-project-in-kai-tak\/"},"modified":"2021-01-22T08:08:04","modified_gmt":"2021-01-22T01:08:04","slug":"hong-kong-homebuyers-defy-broken-economy-surging-unemployment-snapping-up-flats-at-wheelocks-monaco-project-in-kai-tak","status":"publish","type":"post","link":"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\/","title":{"rendered":"Hong Kong homebuyers defy broken economy, surging unemployment, snapping up flats at Wheelock\u2019s Monaco project in Kai Tak"},"content":{"rendered":"<p>&#013;<br \/>\nEnthusiastic 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 within five hours. All 13 flats offered by tender and all but three of the 120 on an open price list had been sold as of 9pm, Wheelock said.The tendered units received 31 bids, at prices\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3118738\/hong-kong-homebuyers-defy-broken-economy-surging-unemployment-snapping\" target=\"_blank\">Hong Kong homebuyers defy broken economy, surging unemployment, snapping up flats at Wheelock\u2019s Monaco project in Kai Tak<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Enthusiastic homebuyers defied concerns that Hong Kong\u2019s sky-high unemployment rate and economic malaise might undermine&#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-119822","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-vaC","jetpack-related-posts":[{"id":125896,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-turn-up-in-droves-in-a-bout-of-revenge-buying-to-snap-up-half-of-wheelocks-monaco-marines-flats-at-kai-tak\/","url_meta":{"origin":119822,"position":0},"title":"Hong Kong\u2019s homebuyers turn up in droves in a bout of revenge buying to snap up half of Wheelock\u2019s Monaco Marines flats at Kai Tak","date":"April 23, 2022","format":false,"excerpt":"\r An estimated 70 per cent of customers bought for their own use, with investors making up the remainder of the purchases, bolstering confidence in the market\u2019s buying power, agents said.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s homebuyers turn up in droves in a bout of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119894,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/%ef%bb%bfwheelocks-monaco-project-in-kai-tak-receives-lukewarm-response-as-%ef%bb%bfdevelopers-look-to-end-january-on-a-high\/","url_meta":{"origin":119822,"position":1},"title":"\ufeffWheelock\u2019s Monaco project in Kai Tak receives lukewarm response as \ufeffdevelopers look to end January on a high","date":"January 29, 2021","format":false,"excerpt":"\r Hong Kong homebuyers gave a lukewarm response to Wheelock Properties\u2019 Monaco residential project in Kai Tak on Friday evening, setting the tone for over 600 units that go on sale at four housing projects up to Sunday.Wheelock said it had sold nearly half of the 90 units. A market\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119778,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-sales-at-wheelocks-monaco-project-bode-well-as-hundreds-queue-for-hong-kongs-first-new-homes-launch-of-2021\/","url_meta":{"origin":119822,"position":2},"title":"Strong sales at Wheelock\u2019s Monaco project bode well as hundreds queue for Hong Kong\u2019s first new homes launch of 2021","date":"January 17, 2021","format":false,"excerpt":"\r The first major property launch of 2021 in Hong Kong set a promising bar for the year ahead, as hundreds of homebuyers jostled to snap up flats at Wheelock Properties\u2019 new Monaco project in Kai Tak.Wheelock had collected over HK$900 million by selling more than half of the 145\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66504,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelocks-kai-tak-launch-draws-hundreds-of-homebuyers\/","url_meta":{"origin":119822,"position":3},"title":"Wheelock\u2019s Kai Tak launch draws hundreds of homebuyers","date":"September 15, 2017","format":false,"excerpt":"\r Hundreds of potential buyers queued up for the sales launch of a new residential project in Kai Tak by Wheelock Properties on Friday, with one group buying three units for a combined HK$31 million in the first hour of sales. Three flats at Oasis Kai Tak were bought by\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135542,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-spurn-latest-batch-of-flats-in-kai-tak-after-temporary-housing-plan-at-former-airport-unveiled\/","url_meta":{"origin":119822,"position":4},"title":"Hong Kong homebuyers spurn latest batch of flats in Kai Tak after temporary housing plan at former airport unveiled","date":"March 17, 2023","format":false,"excerpt":"\r Hong Kong homebuyers steered clear of 111 flats on offer at Wheelock Properties \u2019s development at Kai Tak, the first project to be launched there since the government announced plans to build temporary housing units on the site of the city\u2019s former airport.\r \r Source : South China Morning\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125817,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-prices-flats-in-kai-tak-12-per-cent-cheaper-as-hong-kongs-developers-get-ready-to-test-demand-in-economy-ravaged-by-covid-19\/","url_meta":{"origin":119822,"position":5},"title":"Wheelock prices flats in Kai Tak 12 per cent cheaper as Hong Kong\u2019s developers get ready to test demand in economy ravaged by Covid-19","date":"April 14, 2022","format":false,"excerpt":"\r Wheelock Properties priced the first 112 units at Monaco Marine in Kai Tak at an average HK$24,833 (US$3,167) per sq ft, 12 per cent below a development sold in the same area last summer.\r \r Source : South China Morning Post\r Read more...Wheelock prices flats in Kai Tak 12\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\/119822"}],"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=119822"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119822\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}