{"id":133786,"date":"2023-01-19T17:37:33","date_gmt":"2023-01-19T10:37:33","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-likely-to-offer-incentives-to-lure-buyers-as-they-brace-for-glut-of-new-units-in-2023-says-cbre\/"},"modified":"2023-01-19T17:41:27","modified_gmt":"2023-01-19T10:41:27","slug":"hong-kong-developers-likely-to-offer-incentives-to-lure-buyers-as-they-brace-for-glut-of-new-units-in-2023-says-cbre","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-likely-to-offer-incentives-to-lure-buyers-as-they-brace-for-glut-of-new-units-in-2023-says-cbre\/","title":{"rendered":"Hong Kong developers likely to offer incentives to lure buyers as they brace for glut of new units in 2023, says CBRE"},"content":{"rendered":"


\nWith unsold stock of between 16,000 and 18,000 units, and new supply in the pipeline, about 45,000 new flats are likely to become available this year, says CBRE, roughly four times the number that sold in 2022.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developers likely to offer incentives to lure buyers as they brace for glut of new units in 2023, says CBRE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

With unsold stock of between 16,000 and 18,000 units, and new supply in the pipeline,...<\/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-133786","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-yNQ","jetpack-related-posts":[{"id":120636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thai-developer-sansiri-targets-hong-kong-buyers-with-affordable-mini-flats-in-bangkok-amid-glut\/","url_meta":{"origin":133786,"position":0},"title":"Thai developer Sansiri targets Hong Kong buyers with \u2018affordable\u2019 mini flats in Bangkok amid glut","date":"June 29, 2021","format":false,"excerpt":"\r With Thai developers struggling to dispose of a massive stock of unsold flats in Bangkok, many of them are trying to lure overseas buyers with huge discounts and bargains to whittle down the inventory and get the struggling sector back on its footing.Bangkok-listed Sansiri, one of the top three\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114670,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-number-of-unsold-invetories-give-buyers-the-upper-hand-cbre\/","url_meta":{"origin":133786,"position":1},"title":"Rising number of unsold invetories give buyers the upper hand: CBRE","date":"March 3, 2020","format":false,"excerpt":"\r The increasing number of unsold units coupled with the COVID-19 outbreak will see buyers having the upper hand.\u00a0\u00a0 Buyers in Singapore are seen to have the upper hand in the private residential market this year due to the rising number of unsold inventories, reported The Straits Times. Around 40\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113447,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-set-to-vie-for-buyers-affection-as-a-glut-of-new-flats-floods-the-market\/","url_meta":{"origin":133786,"position":2},"title":"Hong Kong developers set to vie for buyers\u2019 affection as a glut of new flats floods the market","date":"January 7, 2020","format":false,"excerpt":"\r Hong Kong developers could come under pressure to reduce prices amid a spate of new project launches, according to market observers.Centaline Property Agency said on Monday that six developers who hold 5,120 unsold flats since 2016 are likely to speed up sales to avoid the soon-to-be introduced vacancy tax.Combined\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138285,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-prices-to-decline-further-amid-high-mortgage-rates-glut-of-new-units-lack-of-mainland-buyers-jll\/","url_meta":{"origin":133786,"position":3},"title":"Hong Kong\u2019s home prices to decline further amid high mortgage rates, glut of new units, lack of mainland buyers: JLL","date":"July 12, 2023","format":false,"excerpt":"\r Market is having \u2018the longest price adjustment since 2008\u2019 and \u2018has not found a bottom\u2019, says JLL\u2019s Hong Kong chairman, as firm\u2019s new forecast calls for 5 to 8 per cent drop in home prices in 2023.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s home prices\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1261,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-rise-no-threat-to-hong-kongs-commercial-property-market-says-cbre\/","url_meta":{"origin":133786,"position":4},"title":"Interest rate rise no threat to Hong Kong\u2019s commercial property market, says CBRE","date":"January 12, 2016","format":false,"excerpt":"\r Mainland Chinese buyers and global investors will help Hong Kong cope with the impact of interest rate hikes on commercial property, says property consultancy CBRE in its latest report.\r \r Source : South China Morning Post\r Read more...Interest rate rise no threat to Hong Kong\u2019s commercial property market, says\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/park-house-in-district-10-sold-for-record-2910-psf-ppr\/","url_meta":{"origin":133786,"position":5},"title":"Park House in District 10 sold for record $2,910 psf ppr","date":"June 14, 2018","format":false,"excerpt":"\r The freehold development along Orchard Boulevard was sold to a unit of Hong Kong-listed Shun Tak Holdings for $375.5 million. (Photo: CBRE) Park House, a freehold 60-unit development along Orchard Boulevard in District 10 has been sold for $375.5 million, which works out to a record $2,910 psf per\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\/133786"}],"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=133786"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/133786\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=133786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=133786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=133786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}