{"id":129824,"date":"2022-09-18T18:04:11","date_gmt":"2022-09-18T11:04:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-snub-new-homes-at-miami-quay-kai-tak-as-rising-interest-rates-slow-economy-kill-demand\/"},"modified":"2022-09-18T19:15:05","modified_gmt":"2022-09-18T12:15:05","slug":"hongkongers-snub-new-homes-at-miami-quay-kai-tak-as-rising-interest-rates-slow-economy-kill-demand","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-snub-new-homes-at-miami-quay-kai-tak-as-rising-interest-rates-slow-economy-kill-demand\/","title":{"rendered":"Hongkongers snub new homes at Miami Quay, Kai Tak, as rising interest rates, slow economy kill demand"},"content":{"rendered":"<p>&#013;<br \/>\nAs 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.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3192925\/hongkongers-snub-new-homes-miami-quay-kai-tak-rising-interest-rates-slow?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hongkongers snub new homes at Miami Quay, Kai Tak, as rising interest rates, slow economy kill demand<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; As of 7pm only two out of 139 units on offer at the development on&#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-129824","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-xLW","jetpack-related-posts":[{"id":129280,"url":"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\/","url_meta":{"origin":129824,"position":0},"title":"Miami Quay sells at 10 per cent discount as Kai Tak developers grapple with monorail loss in a slowing housing market","date":"September 3, 2022","format":false,"excerpt":"\r The 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.\r \r Source : South China Morning Post\r Read more...Miami Quay sells at 10 per cent discount\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-continue-their-beeline-for-one-victoria-flats-in-kai-tak-as-cheap-funds-economic-growth-lure-buyers-into-market\/","url_meta":{"origin":129824,"position":1},"title":"Hongkongers continue their beeline for One Victoria flats in Kai Tak as cheap funds, economic growth lure buyers into market","date":"July 10, 2021","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers continued making their beeline for the first waterfront flats built on the city\u2019s former airport runway, as low-cost mortgages combined with signs of an economic recovery and easing Covid-19 outbreaks to lure them back into the property market.China Overseas Land and Investment (COLI) sold 118 apartments,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132220,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-snub-new-home-sales-in-yau-tong-another-sign-of-weakening-sentiment-in-the-real-estate-market\/","url_meta":{"origin":129824,"position":2},"title":"Hongkongers snub new home sales in Yau Tong, another sign of weakening sentiment in the real estate market","date":"December 4, 2022","format":false,"excerpt":"\r The Chill Residence development from Poly Property and L\u2019Avenue International sold just 10 of 128 flats by Sunday afternoon.\r \r Source : South China Morning Post\r Read more...Hongkongers snub new home sales in Yau Tong, another sign of weakening sentiment in the real estate market","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123270,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-uk-interest-rates-unlikely-to-lead-to-the-price-drop-some-hongkongers-are-waiting-for-analysts-say\/","url_meta":{"origin":129824,"position":3},"title":"Rising UK interest rates unlikely to lead to the price drop some Hongkongers are waiting for, analysts say","date":"November 17, 2021","format":false,"excerpt":"\r Any interest rate hike in the United Kingdom is unlikely to have a significant impact on home prices, offering a limited upside for Hongkongers who are looking to move to Britain under the British National (Overseas) (BN(O)) scheme and buy property there, according to analysts and agents.The UK is\u2026","rel":"","context":"In &quot;Property News&quot;","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":129824,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117622,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uks-offer-of-a-citizenship-path-for-hongkongers-reignites-demand-for-london-homes\/","url_meta":{"origin":129824,"position":5},"title":"UK\u2019s offer of a citizenship path for Hongkongers reignites demand for London homes","date":"July 7, 2020","format":false,"excerpt":"\r The United Kingdom\u2019s offer of a path to citizenship for the holders of British National (Overseas) passports in Hong Kong has reignited interest in London homes.UK property is expected to be a major focus in the second half of this year for Asia Bankers Club, which focuses on marketing\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\/129824"}],"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=129824"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129824\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=129824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=129824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=129824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}