{"id":121906,"date":"2021-09-08T15:30:14","date_gmt":"2021-09-08T08:30:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-steps-in-to-protect-buyers-of-grand-homm-flats-letting-customers-rip-up-contracts-with-refunds-and-interest\/"},"modified":"2021-09-08T17:07:28","modified_gmt":"2021-09-08T10:07:28","slug":"hong-kong-steps-in-to-protect-buyers-of-grand-homm-flats-letting-customers-rip-up-contracts-with-refunds-and-interest","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-steps-in-to-protect-buyers-of-grand-homm-flats-letting-customers-rip-up-contracts-with-refunds-and-interest\/","title":{"rendered":"Hong Kong steps in to protect buyers of Grand Homm flats, letting customers rip up contracts with refunds and interest"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s government said buyers of an unfinished residential complex in Ho Man Tin can terminate their contracts and be entitled to refunds with interest, as local authorities step in to prevent the city\u2019s first half-done project in decades from hurting consumers.Customers of the Grand Homm project are entitled to their refunds, including interest, within seven days of the cancellation of their sales agreements, according to a statement by the Sales of First-hand Residential Properties\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3147984\/hong-kong-steps-protect-buyers-grand-homm-flats-letting-customers-rip?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong steps in to protect buyers of Grand Homm flats, letting customers rip up contracts with refunds and interest<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s government said buyers of an unfinished residential complex in Ho Man Tin can&#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-121906","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-vIe","jetpack-related-posts":[{"id":114830,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fabled-waldorf-astorias-new-private-flats-in-new-york-drawing-interest-from-hong-kong-mainland-china-buyers\/","url_meta":{"origin":121906,"position":0},"title":"Fabled Waldorf Astoria\u2019s new private flats in New York drawing interest from Hong Kong, mainland China buyers","date":"March 11, 2020","format":false,"excerpt":"\r The fabled Waldorf Astoria of New York, which once got caught up in the saga of riches-to-rags Anbang Insurance Group, is attracting Chinese money again. This time, for flats in its new residential tower.\u201cWe have received a significant number of enquiries from around the world, including many from Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73531,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-snap-up-flats-in-hong-kong-development-the-cullinan-west-ii-ahead-of-possible-us-interest-rate-rise\/","url_meta":{"origin":121906,"position":1},"title":"Buyers snap up flats in Hong Kong development, the Cullinan West II, ahead of possible US interest rate rise","date":"December 2, 2017","format":false,"excerpt":"\r Buyers flocked to snap up more than 90 per cent of the units for sale in a Hong Kong residential project on Saturday, ahead of a two-day meeting by the US Federal Reserve to discuss a possible interest rate increase later in December. On Saturday morning, 130 units of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-see-sales-of-bigger-flats-slow-down-as-interest-rate-rise-counters-mortgage-relaxation\/","url_meta":{"origin":121906,"position":2},"title":"Hong Kong to see sales of bigger flats slow down, as interest rate rise counters mortgage relaxation","date":"April 12, 2022","format":false,"excerpt":"\r The relaxation of mortgages for more expensive flats in Hong Kong will propel sales in the short term only, as an imminent interest rate hike will keep potential buyers away, industry insiders said.\r \r Source : South China Morning Post\r Read more...Hong Kong to see sales of bigger flats\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-test-market-with-222-units-released-amid-interest-rate-uncertainty\/","url_meta":{"origin":121906,"position":3},"title":"Hong Kong developers test market  with 222 units released amid interest rate uncertainty","date":"March 27, 2026","format":false,"excerpt":"\r Hong Kong developers on Friday released 222 new flats in Kowloon, the city\u2019s largest batch of units on a single day since buyers were warned about the uncertain direction of interest rates. K&K Property launched 122 one-bedroom units at foto+, a single residential tower in Mong Kok close to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140157,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sees-sluggish-weekend-sales-at-new-developments-in-kai-tak-and-aberdeen-as-buyers-snap-up-only-52-of-303-flats-on-offer\/","url_meta":{"origin":121906,"position":4},"title":"Hong Kong sees sluggish weekend sales at new developments in Kai Tak and Aberdeen, as buyers snap up only 52 of 303 flats on offer","date":"November 4, 2023","format":false,"excerpt":"\r Residential projects KT Marina in Kai Tak and SouthSky in Aberdeen saw buyers snap up only 52 units of a combined 303 flats on sale on Saturday.\r \r Source : South China Morning Post\r Read more...Hong Kong sees sluggish weekend sales at new developments in Kai Tak and Aberdeen,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172380,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/launch-of-northern-metropolis-flats-attracts-strong-interest-from-hong-kong-homebuyers\/","url_meta":{"origin":121906,"position":5},"title":"Launch of Northern Metropolis flats attracts strong interest from Hong Kong homebuyers","date":"August 17, 2026","format":false,"excerpt":"\r Hong Kong homebuyers flocked to the first batch of units at a major residential project in the Northern Metropolis with 44 \u2013 or more than half \u2013 of the 82 flats made available via regular sale finding buyers as of 7.30pm on Sunday, according to agents. Wheelock Properties\u2019 Park\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\/121906"}],"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=121906"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121906\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}