{"id":129280,"date":"2022-09-03T07:30:18","date_gmt":"2022-09-03T00:30:18","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/miami-quay-sells-at-10-per-cent-discount-as-kai-tak-developers-grapple-with-monorail-loss-in-a-slowing-housing-market\/"},"modified":"2022-09-03T08:08:30","modified_gmt":"2022-09-03T01:08:30","slug":"miami-quay-sells-at-10-per-cent-discount-as-kai-tak-developers-grapple-with-monorail-loss-in-a-slowing-housing-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/miami-quay-sells-at-10-per-cent-discount-as-kai-tak-developers-grapple-with-monorail-loss-in-a-slowing-housing-market\/","title":{"rendered":"Miami Quay sells at 10 per cent discount as Kai Tak developers grapple with monorail loss in a slowing housing market"},"content":{"rendered":"


\nThe average price of second-hand homes have fallen in Hong Kong, as a resurgent Covid-19 outbreak \u2013 and the quarantine rules to contain it \u2013 has driven the city into a technical recession.
\n
\nSource : South China Morning Post
\nRead more…Miami Quay sells at 10 per cent discount as Kai Tak developers grapple with monorail loss in a slowing housing market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The average price of second-hand homes have fallen in Hong Kong, as a resurgent Covid-19...<\/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-129280","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-xDa","jetpack-related-posts":[{"id":128573,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-at-kai-tak-runway-site-urge-government-to-improve-transport-links-as-sale-of-new-projects-looms\/","url_meta":{"origin":129280,"position":0},"title":"Developers at Kai Tak runway site urge government to improve transport links as sale of new projects looms","date":"August 10, 2022","format":false,"excerpt":"\r Launch prices at the runway site have been pressured after the government dropped its plan to build a monorail link there in 2020.\r \r Source : South China Morning Post\r Read more...Developers at Kai Tak runway site urge government to improve transport links as sale of new projects looms","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-buyers-spurn-12-discount-at-kai-taks-miami-quay-spelling-woe-for-home-market\/","url_meta":{"origin":129280,"position":1},"title":"Hong Kong buyers spurn 12% discount at Kai Tak\u2019s Miami Quay, spelling woe for home market","date":"July 6, 2024","format":false,"excerpt":"\r The woeful result shows how Hong Kong\u2019s developers have to make deep cuts to their catalogue prices to clear their inventory of unsold homes, as investors and owner-dwellers alike have retreated.\r \r Source : South China Morning Post\r Read more...Hong Kong buyers spurn 12% discount at Kai Tak\u2019s Miami\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109304,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sells-biggest-plot-of-kai-taks-land-at-discount-as-citys-unrest-drives-investors-to-the-sidelines-and-saps-risk-appetite\/","url_meta":{"origin":129280,"position":2},"title":"Hong Kong sells biggest plot of Kai Tak\u2019s land at discount as city\u2019s unrest drives investors to the sidelines and saps risk appetite","date":"July 24, 2019","format":false,"excerpt":"\r Hong Kong\u2019s government sold the biggest plot of residential land at the former Kai Tak airport at lower than expected price, as seven consecutive weeks of increasingly violent street protests drove many developers to the sidelines and sapped their appetite for long-term investments.Dragon Star H.K. Investments, a consortium of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102552,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sells-third-housing-plot-on-disused-airport-runway-at-12-7-per-cent-discount-in-another-sign-of-property-market-woes\/","url_meta":{"origin":129280,"position":3},"title":"Hong Kong sells third housing plot on disused airport runway at 12.7 per cent discount, in another sign of property market woes","date":"December 27, 2018","format":false,"excerpt":"\r Hong Kong\u2019s government, which relies on land sales for a substantial part of its revenue, has sold its final residential plot for the year at a 12.7 per cent discount to market valuation, in a further sign of the city\u2019s cooling property market. Kai Tak Area 4B Site 2,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109830,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/far-east-picks-up-the-smallest-land-plot-at-kai-tak-at-discount-as-public-unrest-deters-developers-from-long-term-investments\/","url_meta":{"origin":129280,"position":4},"title":"Far East picks up the smallest land plot at Kai Tak at discount, as public unrest deters developers from long-term investments","date":"August 12, 2019","format":false,"excerpt":"\r Hong Kong\u2019s government sold the smallest land parcel at the former Kai Tak airport at a discount to market expectations, as the city\u2019s 10 consecutive weeks of public unrest deterred developers from committing to long-term investments.The commercial site, located next to the Kai Tak Sports Park built over the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129824,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-snub-new-homes-at-miami-quay-kai-tak-as-rising-interest-rates-slow-economy-kill-demand\/","url_meta":{"origin":129280,"position":5},"title":"Hongkongers snub new homes at Miami Quay, Kai Tak, as rising interest rates, slow economy kill demand","date":"September 18, 2022","format":false,"excerpt":"\r As of 7pm only two out of 139 units on offer at the development on the site of Hong Kong\u2019s former airport had been sold, according to Sammy Po of Midland Realty.\r \r Source : South China Morning Post\r Read more...Hongkongers snub new homes at Miami Quay, Kai Tak,\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\/129280"}],"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=129280"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129280\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=129280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=129280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=129280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}