{"id":123816,"date":"2021-12-15T08:30:19","date_gmt":"2021-12-15T01:30:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deluge-of-new-flat-handovers-to-depress-lohas-park-rents-in-the-short-term-say-agents\/"},"modified":"2021-12-15T10:04:11","modified_gmt":"2021-12-15T03:04:11","slug":"deluge-of-new-flat-handovers-to-depress-lohas-park-rents-in-the-short-term-say-agents","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deluge-of-new-flat-handovers-to-depress-lohas-park-rents-in-the-short-term-say-agents\/","title":{"rendered":"Deluge of new flat handovers to depress Lohas Park rents in the short term, say agents"},"content":{"rendered":"<p>&#013;<br \/>\nRents in Lohas Park are expected to come under pressure amid an increase in supply of new homes in the area, property agents say.Nearly 4,200 homes in three projects \u2013 Sea To Sky, Marini and Montara \u2013 will be ready for occupation in Hong Kong\u2019s largest residential enclave this quarter and in the first quarter of next year. Marini is the largest of the three with 1,653 units, while Sea to Sky and Montara have 1,422 and 1,120 units, respectively.\u201cRents will definitely face heavy downward pressure\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/3159500\/deluge-new-flat-handovers-depress-lohas-park-rents-short?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Deluge of new flat handovers to depress Lohas Park rents in the short term, say agents<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Rents in Lohas Park are expected to come under pressure amid an increase in supply&#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-123816","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-wd2","jetpack-related-posts":[{"id":111415,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-sees-dismal-sales-of-new-flats-at-lohas-park-after-weekend-of-protest-carnage-in-hong-kong\/","url_meta":{"origin":123816,"position":0},"title":"Wheelock sees dismal sales of new flats at Lohas Park after weekend of protest carnage in Hong Kong","date":"October 7, 2019","format":false,"excerpt":"\r A batch of new flats at a project in Tseung Kwan O failed to hit the mark with buyers on Monday as increasingly volatile anti-government protests continued to rattle sentiment in the world\u2019s most expensive housing market.Wheelock Properties managed to sell only 20 out of 101 units in the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117278,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-ck-assets-flexible-payment-terms-drum-up-sales-for-new-sea-to-sky-project-in-lohas-park\/","url_meta":{"origin":123816,"position":1},"title":"Can CK Asset\u2019s flexible payment terms drum up sales for new Sea To Sky project in Lohas Park?","date":"June 23, 2020","format":false,"excerpt":"\r Saturday was an extraordinarily hot day, but not everyone was staying indoors to avoid the heat. About 50 property agents were scattered around the entrance of the Lohas Park MTR station in Tseung Kwan O, inviting passers-by to visit the area\u2019s latest residential project to go on sale.\u201cBy putting\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106891,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-home-prices-in-lohas-park-decouple-from-soaring-land-premium-amid-abundant-supply\/","url_meta":{"origin":123816,"position":2},"title":"New home prices in Lohas Park decouple from soaring land premium amid abundant supply","date":"May 7, 2019","format":false,"excerpt":"\r Prices of new flats in Lohas Park in Tseung Kwan O have fallen to near 2017 levels despite soaring land costs in the area, contradicting a strong recovery in the world\u2019s most expensive property market.Late last month, Wheelock Properties released flats at its Montara project at a steeper than\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116431,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-shun-property-sales-for-the-fourth-weekend-in-a-row-as-they-await-better-deals-amid-a-glut-of-options\/","url_meta":{"origin":123816,"position":3},"title":"Hong Kong\u2019s homebuyers shun property sales for the fourth weekend in a row as they await better deals amid a glut of options","date":"May 16, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property sales flopped for the fourth straight weekend, as homebuyers turned their backs on unsold projects to wait for better discounts, amid a real estate slump in the city\u2019s worst economic contraction in decades.Wheelock Properties sold 13 flats, or 13 per cent of the 101 units on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67428,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lohas-park-home-prices-get-a-lift-thanks-to-the-sun-hung-kai-properties-effect\/","url_meta":{"origin":123816,"position":4},"title":"Lohas Park home prices get a lift, thanks to the Sun Hung Kai Properties effect","date":"September 26, 2017","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s largest developer by market value, usually sets a new price benchmark when it launches projects and Tseung Kwan O\u2019s Lohas Park, where prices have been capped by its proximity to a landfill site and lack of commercial facilities, is no exception, say property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-buyers-return-in-droves-helping-nan-fung-and-sino-land-sell-three-of-four-flats-in-lohas-park-and-ma-on-shan\/","url_meta":{"origin":123816,"position":5},"title":"Hong Kong\u2019s home buyers return in droves, helping Nan Fung and Sino Land sell three of four flats in Lohas Park and Ma On Shan","date":"January 30, 2021","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers snapped up 206 new flats, or three of every four units put on the market on Saturday in one of the city\u2019s biggest sales launches, as they sought to park their money in fixed assets amid low interest rates.Nan Fung Group and MTR Corporation sold 173\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\/123816"}],"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=123816"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123816\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}