{"id":138687,"date":"2023-08-08T05:00:15","date_gmt":"2023-08-07T22:00:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-price-war-imminent-as-li-ka-shings-ck-asset-slashes-flats-to-lowest-seen-in-city-in-seven-years\/"},"modified":"2023-08-08T05:08:55","modified_gmt":"2023-08-07T22:08:55","slug":"hong-kong-property-price-war-imminent-as-li-ka-shings-ck-asset-slashes-flats-to-lowest-seen-in-city-in-seven-years","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-price-war-imminent-as-li-ka-shings-ck-asset-slashes-flats-to-lowest-seen-in-city-in-seven-years\/","title":{"rendered":"Hong Kong property \u2018price war\u2019 imminent as Li Ka-shing\u2019s CK Asset slashes flats to lowest seen in city in seven years"},"content":{"rendered":"


\nDeveloper cuts prices at Coast Line II in Kowloon to US$1,921 per square foot \u2013 16 per cent below other recent launches \u2013 in a bid to boost buyer sentiment in a slumping market.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong property \u2018price war\u2019 imminent as Li Ka-shing\u2019s CK Asset slashes flats to lowest seen in city in seven years<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Developer cuts prices at Coast Line II in Kowloon to US$1,921 per square foot \u2013...<\/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-138687","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-A4T","jetpack-related-posts":[{"id":70478,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-to-be-hong-kongs-top-property-seller-with-record-us6-4b-sales\/","url_meta":{"origin":138687,"position":0},"title":"Li Ka-shing\u2019s CK Asset to be Hong Kong\u2019s top property seller with record US$6.4b sales","date":"October 31, 2017","format":false,"excerpt":"\r Cheung Kong Asset Holdings said its property sales in Hong Kong were set to hit a record HK$50 billion (US$6.409 billion) this year, making it likely to become the top property seller in the world\u2019s most expensive city to live. \u201cOur sales will climb to a historical high [this\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116355,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-issues-first-profit-warning-as-hong-kong-and-uk-businesses-suffer-ck-hutchison-says-retail-earnings-might-be-halved-this-year\/","url_meta":{"origin":138687,"position":1},"title":"Li Ka-shing\u2019s CK Asset issues first profit warning as Hong Kong and UK businesses suffer, CK Hutchison says retail earnings might be halved this year","date":"May 14, 2020","format":false,"excerpt":"\r Hong Kong-based conglomerate CK Asset Holdings issued a profit warning on Thursday, its first since it was listed in 2015 as part of a restructure of Hong Kong tycoon Li Ka-shing\u2019s Cheung Kong Holdings.The company said lower property sales and negative contribution from its hotels division, as well as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-holdings-throws-weight-behind-beijings-security-law-for-hong-kong-ahead-of-its-biggest-property-launch-this-year\/","url_meta":{"origin":138687,"position":2},"title":"Li Ka-shing\u2019s CK Asset Holdings throws weight behind Beijing\u2019s security law for Hong Kong ahead of its biggest property launch this year","date":"June 9, 2020","format":false,"excerpt":"\r CK Asset Holdings, the second largest developer in Hong Kong by value, has sought to ease homebuyers\u2019 concerns over China\u2019s hugely controversial security bill ahead of its biggest property launch this year.Beijing\u2019s tailor-made security law for Hong Kong, which was unveiled at the annual National People\u2019s Congress on May\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-makes-first-step-in-rescue-of-distressed-hong-kong-developer-goldin-as-hostile-creditors-seize-assets\/","url_meta":{"origin":138687,"position":3},"title":"Li Ka-shing\u2019s CK Asset makes first step in rescue of distressed Hong Kong developer Goldin as hostile creditors seize assets","date":"July 23, 2020","format":false,"excerpt":"\r Hong Kong\u2019s most-famous billionaire Li Ka-shing has sent a top lieutenant to help rescue a cash-strapped developer in the first major blow-up and restructuring to unfold from the city\u2019s property market slump.Goldin Financial Holdings, the troubled developer with HK$18.5 billion of liabilities, named Gerald Ma Lai-chee as vice-chairman and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171974,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-sets-a-2026-record-with-us46-2-million-mid-levels-penthouse-sale\/","url_meta":{"origin":138687,"position":4},"title":"Li Ka-shing\u2019s CK Asset sets a 2026 record with US$46.2 million Mid-Levels penthouse sale","date":"June 14, 2026","format":false,"excerpt":"\r Hong Kong billionaire Li Ka-shing\u2019s flagship property developer CK Asset Holdings has sold a penthouse mansion at a luxury development in Mid-Levels in Central for HK$362 million (US$46.2 million), setting a per square foot price record for first-hand transactions this year. The 2,911 sq ft unit on the 20th\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117952,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-makes-us492-million-from-sale-of-chengdu-development-as-it-pulls-back-from-china\/","url_meta":{"origin":138687,"position":5},"title":"Li Ka-shing\u2019s CK Asset makes US$492 million from sale of Chengdu development as it pulls back from China","date":"July 24, 2020","format":false,"excerpt":"\r Li Ka-shing\u2019s CK Asset Holdings has sold a mixed residential and commercial project in Chengdu for US$1.02 billion, the latest mainland China asset disposal of the group.\r\rThe company said in an exchange filing late on Thursday that Chengdu Le Parc in the capital of southwestern Sichuan province was sold\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\/138687"}],"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=138687"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138687\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}