{"id":138909,"date":"2023-08-23T07:30:10","date_gmt":"2023-08-23T00:30:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-line-up-home-sales-at-heavy-discounts-to-clear-unsold-stock-fearful-of-further-price-cuts-in-a-watchful-market\/"},"modified":"2023-08-23T07:38:26","modified_gmt":"2023-08-23T00:38:26","slug":"hong-kong-developers-line-up-home-sales-at-heavy-discounts-to-clear-unsold-stock-fearful-of-further-price-cuts-in-a-watchful-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-line-up-home-sales-at-heavy-discounts-to-clear-unsold-stock-fearful-of-further-price-cuts-in-a-watchful-market\/","title":{"rendered":"Hong Kong developers line up home sales at heavy discounts to clear unsold stock, fearful of further price cuts in a watchful market"},"content":{"rendered":"<p>&#013;<br \/>\nSome of Hong Kong\u2019s biggest developers have lined up sales of residential projects with revised price lists, using CK Asset\u2019s Coast Line as a benchmark to attract cautious buyers.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3231938\/hong-kong-developers-line-home-sales-heavy-discounts-clear-unsold-stock-fearful-further-price-cuts?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong developers line up home sales at heavy discounts to clear unsold stock, fearful of further price cuts in a watchful market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Some of Hong Kong\u2019s biggest developers have lined up sales of residential projects with revised&#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-138909","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-A8t","jetpack-related-posts":[{"id":112881,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-flat-sales-in-hong-kong-at-15-year-high-as-developers-offer-deep-discounts-amid-protests-impending-vacancy-tax\/","url_meta":{"origin":138909,"position":0},"title":"New flat sales in Hong Kong at 15-year high as developers offer deep discounts amid protests, impending vacancy tax","date":"December 5, 2019","format":false,"excerpt":"\r Homebuyers spent HK$214 billion (US$27.3 billion) on more than 20,000 new flats in the first 11 months of the year, the most since 2004, as developers rushed to offload stock because of the impending vacancy tax and uncertain market outlook, according to Ricacorp Properties.The average flat price fell 26.8\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-test-home-market-recovery-by-raising-prices-trimming-discounts\/","url_meta":{"origin":138909,"position":1},"title":"Hong Kong developers test home-market recovery by raising prices, trimming discounts","date":"March 9, 2026","format":false,"excerpt":"\r Developers in Hong Kong are testing the housing market\u2019s recovery by nudging prices up or paring discounts as improving sentiment and a rebound in transactions boost confidence in the city\u2019s property sector. But analysts said the moves remained uneven, with many newly launched projects still offering sizeable concessions as\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143921,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-snapping-up-flats-because-of-discounts-market-has-too-much-stock-for-price-increases-analysts-warn-hong-kong-developers\/","url_meta":{"origin":138909,"position":2},"title":"Homebuyers snapping up flats because of discounts, market has too much stock for price increases, analysts warn Hong Kong developers","date":"April 30, 2024","format":false,"excerpt":"\r Hongkongers are less willing to buy homes amid price increases at new launches by developers, analysts said after Great Eagle Holdings announced a new higher price list for another 150 units at its Onmantin project on Monday.\r \r Source : South China Morning Post\r Read more...Homebuyers snapping up flats\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-unlikely-to-increase-prices-of-new-flats-as-they-try-to-offload-8500-unsold-units-centaline-says\/","url_meta":{"origin":138909,"position":3},"title":"Hong Kong developers unlikely to increase prices of new flats as they try to offload 8,500 unsold units, Centaline says","date":"July 24, 2019","format":false,"excerpt":"\r Hong Kong builders will probably leave their prices virtually unchanged in the second half of the year, having accumulated close to 8,500 unsold units since 2016, according to Centaline Property Agency.The developers may be keener than they have been in the past to offload the stock because of the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":138909,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93465,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-rush-to-sell-flats-on-concerns-new-government-measures-could-cool-demand\/","url_meta":{"origin":138909,"position":5},"title":"Hong Kong developers rush to sell flats on concerns new government measures could cool demand","date":"July 6, 2018","format":false,"excerpt":"\r Hong Kong developers are rushing to unload their unsold stocks of properties as fears grow of tougher market conditions after the government announced new measures to ease the city\u2019s long running housing problems. Last week the city\u2019s chief executive, Carrie Lam Cheng Yuet-ngor, announced a vacancy tax on newly\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\/138909"}],"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=138909"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138909\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}