{"id":120248,"date":"2021-02-09T06:30:07","date_gmt":"2021-02-08T23:30:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-sells-less-than-half-the-flats-at-grand-central-in-kwun-tong-after-developer-rushes-through-sales\/"},"modified":"2021-02-09T08:03:41","modified_gmt":"2021-02-09T01:03:41","slug":"sino-land-sells-less-than-half-the-flats-at-grand-central-in-kwun-tong-after-developer-rushes-through-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-sells-less-than-half-the-flats-at-grand-central-in-kwun-tong-after-developer-rushes-through-sales\/","title":{"rendered":"Sino Land sells less than half the flats at Grand Central in Kwun Tong after developer rushes through sales"},"content":{"rendered":"


\nSino Land\u2019s latest batch of flats at its Kwun Tong project received a tepid response, after the developer rushed through the weekday sales ahead of the Lunar New Year holiday, pricing it 30 per cent higher than its launch in 2018.Homebuyers bought \ufeff57 out of 132 flats in phase two of Grand Central on Monday, pulling in over HK$710 million (US$91.6 million). \ufeff\u201cThe project has no problem and the pricing is also right,\u201d said Sammy Po Siu-ming, chief executive of Midland Realty\u2019s residential\u2026
\n
\nSource : South China Morning Post
\nRead more…Sino Land sells less than half the flats at Grand Central in Kwun Tong after developer rushes through sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sino Land\u2019s latest batch of flats at its Kwun Tong project received a tepid response,...<\/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-120248","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-vhu","jetpack-related-posts":[{"id":102502,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-makes-quick-work-of-336-flats-at-its-grand-central-residential-project-in-kwun-tong\/","url_meta":{"origin":120248,"position":0},"title":"Sino Land makes quick work of 336 flats at its Grand Central residential project in Kwun Tong","date":"December 23, 2018","format":false,"excerpt":"\r Sino Land\u2019s Grand Central residential project in Kwun Tong, East Kowloon, saw another round of buying frenzy on Sunday, as 336 of the 338 units on offer were snapped up by eager investors. According to the developer, 3,300 people had registered for the sale. \u201cAlthough two of the units\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102236,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-lands-low-price-strategy-pays-off-as-buyers-snap-up-flats-at-grand-central-project-in-kwun-tong\/","url_meta":{"origin":120248,"position":1},"title":"Sino Land\u2019s low-price strategy pays off as buyers snap up flats at Grand Central project in Kwun Tong","date":"December 13, 2018","format":false,"excerpt":"\r A low-price strategy has proved effective in attracting anxious buyers as a prime residential project generated the strongest sales since October amid a property market correction in Hong Kong. In stark contrast to recent launches that has seen sales reaching at best 30 per cent of what was on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grand-central-flats-in-east-kowloon-nearly-sell-out-giving-sino-land-a-strong-finish-to-rocky-year-for-developers\/","url_meta":{"origin":120248,"position":2},"title":"Grand Central flats in East Kowloon nearly sell out, giving Sino Land a strong finish to rocky year for developers","date":"December 30, 2018","format":false,"excerpt":"\r Hong Kong developer Sino Land is closing the year on positive note, after buyers snapped up close to 90 per cent of its flats for sale on Saturday. About 180 of the 208 units the company released at the fourth round sale of its Grand Central residential project in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102363,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/intrepid-98-year-old-woman-buys-us1-9-million-flat-as-sino-lands-discounted-grand-central-project-is-a-sell-out\/","url_meta":{"origin":120248,"position":3},"title":"Intrepid 98-year-old woman buys US$1.9 million flat as Sino Land\u2019s discounted Grand Central project is a sell-out","date":"December 18, 2018","format":false,"excerpt":"\r A 98-year-old woman has paid HK$15 million (US$1.9 million) for a four-bedroom flat in Sino Land\u2019s Grand Central project in Kwun Tong, with the builder\u2019s low-pricing strategy working once again. She was among the 5,000 potential buyers who had flocked to the builder\u2019s sales centre at Empire Centre in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-leading-property-broker-centaline-cries-foul-as-sino-land-sets-below-market-commission-rate\/","url_meta":{"origin":120248,"position":4},"title":"Hong Kong\u2019s leading property broker Centaline cries foul as Sino Land sets below market commission rate","date":"January 3, 2019","format":false,"excerpt":"\r The ties between Hong Kong\u2019s property developers and sales agents are fraying, as declining prices in a cooling market crimps profit margins, causing the two former partners to turn against each other. On December 29, Sino Land said it would pay just 1.7 per cent in commission fees for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102174,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-a-discount-sino-lands-new-residential-property-draws-keen-response-amid-hong-kongs-price-slump\/","url_meta":{"origin":120248,"position":5},"title":"With a discount, Sino Land\u2019s new residential property draws keen response amid Hong Kong\u2019s price slump","date":"December 11, 2018","format":false,"excerpt":"\r Hong Kong developer Sino Land said it had received more than 5,000 subscriptions for the upcoming sale of 488 flats at its Grand Central residential development in East Kowloon that would be sold at a discount amid the property price slump. The initial batch of units of the property\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\/120248"}],"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=120248"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120248\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}