{"id":125817,"date":"2022-04-14T17:30:28","date_gmt":"2022-04-14T10:30:28","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-prices-flats-in-kai-tak-12-per-cent-cheaper-as-hong-kongs-developers-get-ready-to-test-demand-in-economy-ravaged-by-covid-19\/"},"modified":"2022-04-14T18:09:36","modified_gmt":"2022-04-14T11:09:36","slug":"wheelock-prices-flats-in-kai-tak-12-per-cent-cheaper-as-hong-kongs-developers-get-ready-to-test-demand-in-economy-ravaged-by-covid-19","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-prices-flats-in-kai-tak-12-per-cent-cheaper-as-hong-kongs-developers-get-ready-to-test-demand-in-economy-ravaged-by-covid-19\/","title":{"rendered":"Wheelock prices flats in Kai Tak 12 per cent cheaper as Hong Kong\u2019s developers get ready to test demand in economy ravaged by Covid-19"},"content":{"rendered":"<p>&#013;<br \/>\nWheelock Properties priced the first 112 units at Monaco Marine in Kai Tak at an average HK$24,833 (US$3,167) per sq ft, 12 per cent below a development sold in the same area last summer.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3174280\/wheelock-prices-flats-kai-tak-12-cent-cheaper-hong-kongs-developers-get?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Wheelock prices flats in Kai Tak 12 per cent cheaper as Hong Kong\u2019s developers get ready to test demand in economy ravaged by Covid-19<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Wheelock Properties priced the first 112 units at Monaco Marine in Kai Tak at an&#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-125817","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-wJj","jetpack-related-posts":[{"id":119822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-defy-broken-economy-surging-unemployment-snapping-up-flats-at-wheelocks-monaco-project-in-kai-tak\/","url_meta":{"origin":125817,"position":0},"title":"Hong Kong homebuyers defy broken economy, surging unemployment, snapping up flats at Wheelock\u2019s Monaco project in Kai Tak","date":"January 22, 2021","format":false,"excerpt":"\r Enthusiastic homebuyers defied concerns that Hong Kong\u2019s sky-high unemployment rate and economic malaise might undermine demand by snapping up new flats offered by Wheelock Properties at its Monaco project on Thursday.The second round of sales at the development in Kai Tak saw almost all of the 133 units taken\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122169,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-wheelock-among-developers-rushing-to-build-small-flats-as-hong-kong-home-prices-approach-all-time-high\/","url_meta":{"origin":125817,"position":1},"title":"Sun Hung Kai Properties, Wheelock among developers rushing to build small flats as Hong Kong home prices approach all-time high","date":"September 23, 2021","format":false,"excerpt":"\r Hong Kong\u2019s biggest developers are joining the rush to build small flats to woo young buyers as prices in the world\u2019s most expensive housing market approach an all-time high. The move is being criticised by a senior adviser to Beijing for its profit motive.Sun Hung Kai Properties (SHKP) plans\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109770,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-top-builders-spot-a-bargain-as-they-submit-tenders-for-kai-tak-plot-whose-value-has-been-slashed\/","url_meta":{"origin":125817,"position":2},"title":"Hong Kong\u2019s top builders spot a bargain as they submit tenders for Kai Tak plot whose value has been slashed","date":"August 9, 2019","format":false,"excerpt":"\r The tender for a plot in Kai Tak on Friday attracted better-than-expected response as one surveyor cut the estimated value of commercial land on the site of Hong Kong\u2019s former airport by up to 20 per cent after a high-profile sale was abandoned in June.The Lands Department said on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-sets-the-highest-new-flat-prices-for-kai-tak-area\/","url_meta":{"origin":125817,"position":3},"title":"Wheelock sets the highest new flat prices for Kai Tak area","date":"September 7, 2017","format":false,"excerpt":"\r Wheelock Properties has launched its new project, with flats as tiny as 275 square feet at the highest price ever for Kai Tak, the former site of the Hong Kong airport. The launch comes as Hong Kong home prices rose for 16 straight months in July and calls on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103565,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exclusive-hna-will-sell-its-last-kai-tak-parcel-to-wheelock-for-hk7-44-billion\/","url_meta":{"origin":125817,"position":4},"title":"Exclusive: HNA will sell its last Kai Tak parcel to Wheelock for HK$7.44 billion","date":"February 1, 2019","format":false,"excerpt":"\r HNA Group will sell its last plot of development land at Hong Kong\u2019s former Kai Tak airport site to Hong Kong developer Wheelock & Co, as the one-time high-flying Chinese conglomerate rushes to sell assets to repay debts. The listed unit of the Hainan-based company, Hong Kong International Construction\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89039,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-raise-prices-of-flats-by-up-to-70-per-cent-as-record-kai-tak-land-sale-boosts-confidence\/","url_meta":{"origin":125817,"position":5},"title":"Hong Kong developers raise prices of flats by up to 70 per cent as record Kai Tak land sale boosts confidence","date":"May 22, 2018","format":false,"excerpt":"\r Hong Kong developers are raising the prices of their unsold units by as much as 70 per cent in a sign that the world\u2019s hottest property market is a long way from running out of steam. Kerry Properties has priced a flat at The Bloomsway in Tuen Mun at\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\/125817"}],"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=125817"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125817\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=125817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=125817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=125817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}