{"id":140869,"date":"2023-12-31T09:00:22","date_gmt":"2023-12-31T02:00:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-ordinary-buyers-eye-foreclosed-homes-at-heavy-discounts-as-investors-retreat-from-market\/"},"modified":"2023-12-31T09:07:26","modified_gmt":"2023-12-31T02:07:26","slug":"china-property-ordinary-buyers-eye-foreclosed-homes-at-heavy-discounts-as-investors-retreat-from-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-ordinary-buyers-eye-foreclosed-homes-at-heavy-discounts-as-investors-retreat-from-market\/","title":{"rendered":"China property: ordinary buyers eye foreclosed homes at heavy discounts as investors retreat from market"},"content":{"rendered":"<p>&#013;<br \/>\nA growing number of ordinary homebuyers looking to occupy their house rather than invest are looking at properties that have been repossessed by banks as a supply surge brings prices even lower.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3246531\/china-property-ordinary-buyers-eye-foreclosed-homes-heavy-discounts-investors-retreat-market?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">China property: ordinary buyers eye foreclosed homes at heavy discounts as investors retreat from market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A growing number of ordinary homebuyers looking to occupy their house rather than invest are&#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-140869","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-AE5","jetpack-related-posts":[{"id":100961,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-latest-sign-hong-kong-is-shifting-to-a-buyers-market-auctioneers-having-trouble-selling-foreclosed-homes\/","url_meta":{"origin":140869,"position":0},"title":"In latest sign Hong Kong is shifting to a buyer\u2019s market, auctioneers having trouble selling foreclosed homes","date":"November 6, 2018","format":false,"excerpt":"\r It\u2019s not just developers that are having trouble selling flats in Hong Kong. Now auctioneers are struggling to get high enough bids to clear out foreclosed homes. A year ago, property prices were soaring, and auctioneers routinely saw new or used homes that had been repossessed by banks receive\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-haunted-homes-sell-for-steep-discounts-during-downturn-giving-first-time-buyers-a-way-in\/","url_meta":{"origin":140869,"position":1},"title":"Hong Kong\u2019s \u2018haunted homes\u2019 sell for steep discounts during downturn, giving first-time buyers a way in","date":"January 12, 2021","format":false,"excerpt":"\r Even in a slump, Hong Kong\u2019s famously lofty property prices can be enough to send a shudder down the spine. But if that doesn\u2019t do it, how about the thought of sharing a flat with a ghost?Homes touched by untimely or violent death more often than not come with\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-platform-with-groupon-like-model-that-offers-discounts-to-investors-who-club-together-aims-to-shake-up-the-market\/","url_meta":{"origin":140869,"position":2},"title":"Property platform with Groupon-like model that offers discounts to investors who club together aims to shake up the market","date":"January 5, 2021","format":false,"excerpt":"\r A new technology platform that allows investors to receive sizeable discounts by grouping together to buy overseas properties, is hoping to reshape the worldwide real estate market.Auckland-based Du Val PropTech has sold some 40 homes in two new projects in the UK to overseas buyers, including 10 from Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117304,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-cut-prices-on-foreclosed-properties-in-hong-kong-as-buyers-turn-cautious-amid-distress-market-correction\/","url_meta":{"origin":140869,"position":3},"title":"Banks cut prices on foreclosed properties in Hong Kong as buyers turn cautious amid distress, market correction","date":"June 24, 2020","format":false,"excerpt":"\r Banks are being forced to reduce prices on foreclosed properties to recoup their loans, as buyers in Hong Kong become increasingly cautious about the economic outlook and a deeper market correction.About one-third of 98 foreclosed properties on the market have had their prices trimmed in June, according to the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111965,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-emerald-bay-housing-project-in-tuen-mun-is-a-sell-out-as-buyers-find-low-prices-discounts-hard-to-resist\/","url_meta":{"origin":140869,"position":4},"title":"China Evergrande\u2019s Emerald Bay housing project in Tuen Mun is a sell-out as buyers find low prices, discounts hard to resist","date":"October 29, 2019","format":false,"excerpt":"\r China Evergrande\u2019s first project in Hong Kong got off to a flying start, as investors were attracted by the relatively low prices and an easing of mortgage rules, upstaging rivals that saw relatively modest sales last week.The mainland developer sold all 167 flats on offer at its Emerald Bay\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-frenzy-rich-buyers-keep-scoring-high-end-hong-kong-homes-at-stunning-discounts\/","url_meta":{"origin":140869,"position":5},"title":"Luxury frenzy: rich buyers keep scoring high-end Hong Kong homes at stunning discounts","date":"March 31, 2025","format":false,"excerpt":"\r Plum properties sell for songs, but bargains may not last as demand for upscale homes is up 50 per cent from last year, agents say.\r \r Source : South China Morning Post\r Read more...Luxury frenzy: rich buyers keep scoring high-end Hong Kong homes at stunning discounts","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\/140869"}],"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=140869"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140869\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}