{"id":122381,"date":"2021-10-05T15:45:22","date_gmt":"2021-10-05T08:45:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-infects-hong-kong-market-as-midland-centaline-property-agencies-seek-to-recover-sales-commissions\/"},"modified":"2021-10-05T17:31:06","modified_gmt":"2021-10-05T10:31:06","slug":"evergrande-crisis-infects-hong-kong-market-as-midland-centaline-property-agencies-seek-to-recover-sales-commissions","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-infects-hong-kong-market-as-midland-centaline-property-agencies-seek-to-recover-sales-commissions\/","title":{"rendered":"Evergrande: crisis infects Hong Kong market as Midland, Centaline property agencies seek to recover sales commissions"},"content":{"rendered":"


\nChina Evergrande\u2019s debt crisis is starting to infect Hong Kong\u2019s property market as a local real estate agency group sued to recover overdue commissions from two housing projects in the city. Another group is also considering a similar action.Midland Realty International and Hong Kong Property Services (Agency) are claiming HK$43.45 million (US$5.6 million) from the Chinese developer for fees related to the sale of 398 flats at the Emerald Bay in Tuen Mun and The Vertex in Cheung Sha Wan,\u2026
\n
\nSource : South China Morning Post
\nRead more…Evergrande: crisis infects Hong Kong market as Midland, Centaline property agencies seek to recover sales commissions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande\u2019s debt crisis is starting to infect Hong Kong\u2019s property market as a local...<\/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-122381","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-vPT","jetpack-related-posts":[{"id":124014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-centaline-property-agency-plans-further-legal-action-against-embattled-developers-hong-kong-subsidiary-to-recoup-unpaid-commission\/","url_meta":{"origin":122381,"position":0},"title":"Evergrande Crisis: Centaline Property Agency plans further legal action against embattled developer\u2019s Hong Kong subsidiary to recoup \u2018unpaid commission\u2019","date":"December 29, 2021","format":false,"excerpt":"\r Hong Kong\u2019s biggest property sales agency plans to take further legal action against a subsidiary of China Evergrande Group to recoup \u201cunpaid commission\u201d from the troubled developer.Centaline Property Agency said it will apply through the courts to chase HK$113 million (US$14.5 million) it claims it is owed by Evergrande\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143310,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-agencies-centaline-midland-forecast-property-sales-hitting-10-month-high-in-march\/","url_meta":{"origin":122381,"position":1},"title":"Hong Kong property agencies Centaline, Midland forecast property sales hitting 10-month high in March","date":"April 3, 2024","format":false,"excerpt":"\r Two of Hong Kong\u2019s largest real estate agencies say the total number of transactions could have breached the 5,000 deals mark last month, the highest level since May last year.\r \r Source : South China Morning Post\r Read more...Hong Kong property agencies Centaline, Midland forecast property sales hitting 10-month\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112162,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-agencies-centaline-midland-see-commercial-property-agents-depart-as-deals-plunge-amid-protests\/","url_meta":{"origin":122381,"position":2},"title":"Hong Kong agencies Centaline, Midland see commercial property agents depart as deals plunge amid protests","date":"November 6, 2019","format":false,"excerpt":"\r Two of Hong Kong\u2019s largest property agencies have either cut headcount or seen staff members leave amid a slump in commercial property transactions.Centaline Commercial and Midland IC&I have both shrunk their ranks by about 40 people each, as the city\u2019s anti-government protests weigh on the sector. The total number\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123088,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-hong-kong-agencies-to-withdraw-proceedings-against-vertex-project-after-new-owner-promises-to-clear-dues\/","url_meta":{"origin":122381,"position":3},"title":"Evergrande crisis: Hong Kong agencies to withdraw proceedings against Vertex project after new owner promises to clear dues","date":"November 8, 2021","format":false,"excerpt":"\r Some of Hong Kong\u2019s biggest property agencies were on Monday either considering or working to halt legal proceedings initiated to recover commission fees for The Vertex development after its new owner pledged that it would pay these down.The residential project in Cheung Sha Wan has been developed by the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-sunac-top-list-of-chinese-developers-due-in-hong-kong-court-this-month-as-creditors-sue-to-recover-payments\/","url_meta":{"origin":122381,"position":4},"title":"Evergrande, Sunac top list of Chinese developers due in Hong Kong court this month as creditors sue to recover payments","date":"November 2, 2022","format":false,"excerpt":"\r The court hearings against China\u2019s top property firms come after a unit of Yango Group was ordered to be wound down, the first such instance in Hong Kong against a major developer amid the ongoing crisis.\r \r Source : South China Morning Post\r Read more...Evergrande, Sunac top list of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129971,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-receivers-put-hong-kong-trophy-headquarters-building-on-market-as-lenders-run-out-of-patience\/","url_meta":{"origin":122381,"position":5},"title":"Evergrande crisis: receivers put Hong Kong trophy headquarters building on market as lenders run out of patience","date":"September 26, 2022","format":false,"excerpt":"\r Evergrande can only watch as receivers of its Hong Kong headquarters building in Wan Chai engage Savills to put the asset on the market to recover debt.\r \r Source : South China Morning Post\r Read more...Evergrande crisis: receivers put Hong Kong trophy headquarters building on market as lenders run\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\/122381"}],"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=122381"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122381\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}