{"id":145638,"date":"2024-07-06T19:24:57","date_gmt":"2024-07-06T12:24:57","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-buyers-spurn-12-discount-at-kai-taks-miami-quay-spelling-woe-for-home-market\/"},"modified":"2024-07-06T19:35:18","modified_gmt":"2024-07-06T12:35:18","slug":"hong-kong-buyers-spurn-12-discount-at-kai-taks-miami-quay-spelling-woe-for-home-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-buyers-spurn-12-discount-at-kai-taks-miami-quay-spelling-woe-for-home-market\/","title":{"rendered":"Hong Kong buyers spurn 12% discount at Kai Tak\u2019s Miami Quay, spelling woe for home market"},"content":{"rendered":"


\nThe woeful result shows how Hong Kong\u2019s developers have to make deep cuts to their catalogue prices to clear their inventory of unsold homes, as investors and owner-dwellers alike have retreated.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong buyers spurn 12% discount at Kai Tak\u2019s Miami Quay, spelling woe for home market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The woeful result shows how Hong Kong\u2019s developers have to make deep cuts to their...<\/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-145638","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-BT0","jetpack-related-posts":[{"id":109304,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sells-biggest-plot-of-kai-taks-land-at-discount-as-citys-unrest-drives-investors-to-the-sidelines-and-saps-risk-appetite\/","url_meta":{"origin":145638,"position":0},"title":"Hong Kong sells biggest plot of Kai Tak\u2019s land at discount as city\u2019s unrest drives investors to the sidelines and saps risk appetite","date":"July 24, 2019","format":false,"excerpt":"\r Hong Kong\u2019s government sold the biggest plot of residential land at the former Kai Tak airport at lower than expected price, as seven consecutive weeks of increasingly violent street protests drove many developers to the sidelines and sapped their appetite for long-term investments.Dragon Star H.K. Investments, a consortium of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-pick-up-kai-taks-most-valuable-harbourfront-land-plot-at-27-per-cent-discount-as-protests-send-property-market-into-tailspin\/","url_meta":{"origin":145638,"position":1},"title":"Developers pick up Kai Tak\u2019s most valuable harbourfront land plot at 27 per cent discount as protests send property market into tailspin","date":"November 13, 2019","format":false,"excerpt":"\r A consortium of Hong Kong developers bought the most valuable parcel of residential land on the runway of the city\u2019s former airport for a discount, as six months of the city\u2019s worst political crisis sent the local property market into a tailspin.China Overseas Land & Investment, Henderson Land Development,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-hong-kong-buyer-splashes-out-hk130-million-for-15-flats-at-kai-taks-k-city-debut\/","url_meta":{"origin":145638,"position":2},"title":"First-time Hong Kong buyer splashes out HK$130 million for 15 flats at Kai Tak\u2019s K. City debut","date":"February 18, 2017","format":false,"excerpt":"\r The developer of K. City, the second residential project to hit the market at the site of Hong Kong\u2019s former airport, has sold all 208 flats from the first batch on their debut on Saturday, with a first-time buyer snapping up 15 units worth HK$130 million. K. Wah International\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56038,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-taks-commercial-land-sale-shows-chinese-developers-are-taking-a-break-from-shopping\/","url_meta":{"origin":145638,"position":3},"title":"Kai Tak\u2019s commercial land sale shows Chinese developers are taking a break from shopping","date":"May 26, 2017","format":false,"excerpt":"\r Mainland China\u2019s developers appear to be taking a break from their shopping spree for Hong Kong assets, when a government sale of commercial land attracted only two bids from Chinese companies. The tender for Area 1F Site 2 at the former Kai Tak airport site attracted 12 bids from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135542,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-spurn-latest-batch-of-flats-in-kai-tak-after-temporary-housing-plan-at-former-airport-unveiled\/","url_meta":{"origin":145638,"position":4},"title":"Hong Kong homebuyers spurn latest batch of flats in Kai Tak after temporary housing plan at former airport unveiled","date":"March 17, 2023","format":false,"excerpt":"\r Hong Kong homebuyers steered clear of 111 flats on offer at Wheelock Properties \u2019s development at Kai Tak, the first project to be launched there since the government announced plans to build temporary housing units on the site of the city\u2019s former airport.\r \r Source : South China Morning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106819,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-rush-to-bid-for-kai-taks-latest-residential-land-plot-as-bull-market-returns-to-hong-kongs-real-estate\/","url_meta":{"origin":145638,"position":5},"title":"Developers rush to bid for Kai Tak\u2019s latest residential land plot as bull market returns to Hong Kong\u2019s real estate","date":"May 3, 2019","format":false,"excerpt":"\r Developers submitted seven bids for the third-largest residential plot at Hong Kong's former Kai Tak airport, as April sales data showed home transactions jumping by 52.8 per cent from March, in a clear sign of the bull market\u2019s return to the world's most expensive city.Kai Tak\u2019s Area 4C Site\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\/145638"}],"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=145638"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/145638\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=145638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=145638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=145638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}