{"id":123753,"date":"2021-12-11T13:23:14","date_gmt":"2021-12-11T06:23:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-shop-for-bargains-as-chinas-once-deep-pocketed-asset-buyers-fall-on-hard-times-amid-debt-crackdown\/"},"modified":"2021-12-11T14:05:01","modified_gmt":"2021-12-11T07:05:01","slug":"hong-kong-developers-shop-for-bargains-as-chinas-once-deep-pocketed-asset-buyers-fall-on-hard-times-amid-debt-crackdown","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-shop-for-bargains-as-chinas-once-deep-pocketed-asset-buyers-fall-on-hard-times-amid-debt-crackdown\/","title":{"rendered":"Hong Kong developers shop for bargains as China\u2019s once deep-pocketed asset buyers fall on hard times amid debt crackdown"},"content":{"rendered":"


\nLui Che-woo, one of Hong Kong\u2019s wealthiest men with a casino, hotels and apartments under his belt, met his match in late 2016 when his company K Wah International lost a bidding war to a Chinese airline that was on a land grab in the world\u2019s most expensive real estate market.The HNA Group, a conglomerate built around Hainan Airlines, paid a record HK$8.84 billion (US$1.13 billion) for a residential land plot at Hong Kong\u2019s former Kai Tak airport, paying substantially over the market\u2019s\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developers shop for bargains as China\u2019s once deep-pocketed asset buyers fall on hard times amid debt crackdown<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Lui Che-woo, one of Hong Kong\u2019s wealthiest men with a casino, hotels and apartments under...<\/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-123753","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-wc1","jetpack-related-posts":[{"id":112300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-october-stamp-duty-income-jumps-as-non-resident-property-buyers-pile-in-to-pick-up-bargains-amid-oversupply\/","url_meta":{"origin":123753,"position":0},"title":"Hong Kong\u2019s October stamp duty income jumps as non-resident property buyers pile in to pick up bargains amid oversupply","date":"November 12, 2019","format":false,"excerpt":"\r Individual and corporate homebuyers piled into Hong Kong property last month to pick up bargains as city developers offered the most number of units for sale in several months after a surprise relaxation of mortgage entitlements for first-home buyers.Buyers\u2019 stamp duty, a 15 per cent surcharge on the price\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41650,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-kai-tak-area-to-see-bidding-war-among-developers\/","url_meta":{"origin":123753,"position":1},"title":"Hong Kong\u2019s Kai Tak area to see bidding war among developers","date":"January 24, 2017","format":false,"excerpt":"\r The Hong Kong government\u2019s plan to add 16,000 residential units and 4.3 million sq ft of commercial space in the Kai Tak area - which will be within a 30 minute train ride to Admiralty by 2021 \u2013 is likely to stir up a fierce bidding war for land\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172406,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-buyers-hunt-for-bargains-in-citys-battered-noncore-office-market\/","url_meta":{"origin":123753,"position":2},"title":"Hong Kong buyers hunt for bargains in city\u2019s battered noncore office market","date":"August 21, 2026","format":false,"excerpt":"\r Hong Kong\u2019s noncore office market is still plagued by high vacancy rates and weak investor demand, but owner-occupiers are taking advantage of the downturn to buy up office space at steep discounts. The latest example is the Estate Agents Authority (EAA), which agreed a deal earlier this month to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146853,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/snack-food-producer-four-seas-snaps-up-hong-kong-office-space-as-bargains-lure-buyers\/","url_meta":{"origin":123753,"position":3},"title":"Snack food producer Four Seas snaps up Hong Kong office space as bargains lure buyers","date":"September 2, 2024","format":false,"excerpt":"\r Hong Kong\u2019s depressed property prices are tempting buyers. Four Seas returns to the market after selling its office and warehouse in 2017, suggesting the slump may be ending.\r \r Source : South China Morning Post\r Read more...Snack food producer Four Seas snaps up Hong Kong office space as bargains\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111893,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-hong-kong-property-projects-fail-to-dazzle-as-buyers-turn-to-secondary-market-amid-downbeat-sentiment\/","url_meta":{"origin":123753,"position":4},"title":"New Hong Kong property projects fail to dazzle as buyers turn to secondary market amid downbeat sentiment","date":"October 25, 2019","format":false,"excerpt":"\r New property projects launched on Friday failed to take off, as a relaxation of mortgage restrictions diverts homebuyers to Hong Kong\u2019s secondary property market.In a dismal showing, by 6.45pm CK Asset Holdings had sold 65 out of 149 units on offer at its Seaside Sonata development in the protest-hit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115865,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-buyers-shun-developers-sales-overtures-as-economic-slump-deters-families-from-capital-commitments\/","url_meta":{"origin":123753,"position":5},"title":"Hong Kong home buyers shun developers\u2019 sales overtures as economic slump deters families from capital commitments","date":"April 25, 2020","format":false,"excerpt":"\r Hong Kong\u2019s weekend home sales flopped for the fourth time in six weeks, in another sign that the residential property industry\u2019s worst slump in a decade has some ways to go before recovering.CK Asset Holdings sold 11 of the 170 Seaside Sonata flats on offer in Sham Shui Po\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\/123753"}],"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=123753"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123753\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}