{"id":141273,"date":"2024-01-10T07:00:13","date_gmt":"2024-01-10T00:00:13","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-smaller-developers-steal-a-march-on-big-guns-offer-discounts-to-offload-flats-before-lunar-new-year-holiday\/"},"modified":"2024-01-10T07:12:14","modified_gmt":"2024-01-10T00:12:14","slug":"hong-kongs-smaller-developers-steal-a-march-on-big-guns-offer-discounts-to-offload-flats-before-lunar-new-year-holiday","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-smaller-developers-steal-a-march-on-big-guns-offer-discounts-to-offload-flats-before-lunar-new-year-holiday\/","title":{"rendered":"Hong Kong\u2019s smaller developers steal a march on big guns, offer discounts to offload flats before Lunar New Year holiday"},"content":{"rendered":"<p>&#013;<br \/>\nThe developers of smaller residential projects in Hong Kong are hastening sales by offering discounts before the Lunar New Year holiday, with the aim of increasing their market share before larger projects are launched later in the year.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3247839\/hong-kongs-smaller-developers-steal-march-big-guns-offer-discounts-offload-flats-lunar-new-year?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong\u2019s smaller developers steal a march on big guns, offer discounts to offload flats before Lunar New Year holiday<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The developers of smaller residential projects in Hong Kong are hastening sales by offering discounts&#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-141273","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-AKB","jetpack-related-posts":[{"id":100378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-to-flood-market-with-800-new-flats-in-hong-kongs-biggest-two-day-property-sale-in-years\/","url_meta":{"origin":141273,"position":0},"title":"Developers to flood market with 800 new flats in Hong Kong\u2019s biggest two-day property sale in years","date":"October 23, 2018","format":false,"excerpt":"\r More than 800 homes at three projects in Hong Kong\u2019s New Territories will go on sale on Thursday and Friday in a rare move that will flood the market with flats targeting first-time homebuyers. The release of 817 units by three different builders will mark one of the biggest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101015,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builders-come-up-with-flexible-payment-plans-to-woo-buyers-as-sales-come-to-a-halt\/","url_meta":{"origin":141273,"position":1},"title":"Hong Kong builders come up with flexible payment plans to woo buyers as sales come to a halt","date":"November 8, 2018","format":false,"excerpt":"\r As Hong Kong\u2019s property market takes a turn for the worse, some developers are coming up with novel payment schemes to offload flats amid fears sentiment could sour further. On Wednesday, Wheelock Properties announced a deferred payment plan along with steep discounts across five of its developments \u2013 Monterey,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110833,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pressure-from-beijing-looming-vacancy-tax-will-force-hong-kongs-developers-into-faster-and-cheaper-project-launches-say-analysts\/","url_meta":{"origin":141273,"position":2},"title":"Pressure from Beijing, looming vacancy tax will force Hong Kong\u2019s developers into faster and cheaper project launches, say analysts","date":"September 17, 2019","format":false,"excerpt":"\r Hong Kong\u2019s developers are coming under mounting pressure to slash their prices and offload new projects as quickly as possible, according to analysts.The pressure is coming from two sources: a looming tax on unsold flats, and a series of Chinese state-media commentaries last week urging the Hong Kong government\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113725,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-assets-sale-of-seaside-sonata-sputters-in-the-final-pre-holiday-weekend-as-hong-kongs-home-market-tries-to-find-its-footing\/","url_meta":{"origin":141273,"position":3},"title":"CK Asset\u2019s sale of Seaside Sonata sputters in the final pre-holiday weekend as Hong Kong\u2019s home market tries to find its footing","date":"January 18, 2020","format":false,"excerpt":"\r Hong Kong\u2019s home sales sputtered in the final weekend before the start of the Lunar New Year holiday, in a sign that the city\u2019s struggling property market is still trying to find its footing.CK Asset Holdings, one of the city\u2019s biggest developers, sold 27 flats out of 123 units\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103110,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/discounts-are-the-order-of-the-day-for-hong-kongs-property-developers-to-clear-their-stock-as-prices-trend-downward\/","url_meta":{"origin":141273,"position":4},"title":"Discounts are the order of the day for Hong Kong\u2019s property developers to clear their stock, as prices trend downward","date":"January 19, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s biggest home developer, sold all of its flats on offer at Ma Tau Kok over the weekend, after discounting prices by 50 per cent on average, compared with a similar project in the same neighbourhood. The developer sold every one of the 155\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116623,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-enter-the-market-as-developers-dangle-discounts-to-end-nine-weeks-of-slumping-property-sales\/","url_meta":{"origin":141273,"position":5},"title":"Hong Kong homebuyers enter the market, as developers dangle discounts to end nine weeks of slumping property sales","date":"May 23, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers came off the sidelines to nibble at more than 200 flats offered at two projects, as developers slashed prices to end nine consecutive weeks of sales flops.Sun Hung Kai Properties (SHKP), the city\u2019s most valuable developer, managed to sell 162 of 200 flats, or 80 per\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\/141273"}],"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=141273"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/141273\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=141273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=141273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=141273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}