{"id":146397,"date":"2024-07-15T19:15:14","date_gmt":"2024-07-15T12:15:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-keep-pricing-flats-to-move-amid-supply-glut-high-rates\/"},"modified":"2024-07-15T19:21:49","modified_gmt":"2024-07-15T12:21:49","slug":"hong-kong-developers-keep-pricing-flats-to-move-amid-supply-glut-high-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-keep-pricing-flats-to-move-amid-supply-glut-high-rates\/","title":{"rendered":"Hong Kong developers keep pricing flats to move amid supply glut, high rates"},"content":{"rendered":"<p>&#013;<br \/>\nNew price lists from New World Development, Far East Consortium and Early Light International undercut recent nearby sales by up to a third amid buyer\u2019s market \u2013 for those who can stomach the interest rates.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3270540\/hong-kong-developers-keep-pricing-flats-move-amid-supply-glut-high-rates?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong developers keep pricing flats to move amid supply glut, high rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; New price lists from New World Development, Far East Consortium and Early Light International undercut&#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-146397","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-C5f","jetpack-related-posts":[{"id":113447,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-set-to-vie-for-buyers-affection-as-a-glut-of-new-flats-floods-the-market\/","url_meta":{"origin":146397,"position":0},"title":"Hong Kong developers set to vie for buyers\u2019 affection as a glut of new flats floods the market","date":"January 7, 2020","format":false,"excerpt":"\r Hong Kong developers could come under pressure to reduce prices amid a spate of new project launches, according to market observers.Centaline Property Agency said on Monday that six developers who hold 5,120 unsold flats since 2016 are likely to speed up sales to avoid the soon-to-be introduced vacancy tax.Combined\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":146397,"position":1},"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":118331,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-posts-mixed-weekend-sales-results-as-home-buyers-are-spoilt-for-choice-amid-supply-glut-and-easy-financing-options\/","url_meta":{"origin":146397,"position":2},"title":"Hong Kong posts mixed weekend sales results as home buyers are spoilt for choice amid supply glut and easy financing options","date":"August 22, 2020","format":false,"excerpt":"\r Hong Kong\u2019s weekend home sales were mixed as buyers snapped up flats at a relatively new project in Tuen Mun while giving their collective cold shoulder to the double-digit discounts offered at scores of flats left unsold since December in Cheung Sha Wan.Henderson Land Development, the marketing agent for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139202,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-office-landlords-grapple-with-irreversible-hybrid-work-trend-amid-high-vacancy-rates-supply-glut\/","url_meta":{"origin":146397,"position":3},"title":"Hong Kong office landlords grapple with \u2018irreversible\u2019 hybrid work trend amid high vacancy rates, supply glut","date":"September 17, 2023","format":false,"excerpt":"\r Flex space provider IWG says it is adding locations rapidly in the Greater Bay Area as property owners seek to capitalise on the trend. Major landlords Hongkong Land and Swire Properties also have their fingers in the co-working pie.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133786,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-likely-to-offer-incentives-to-lure-buyers-as-they-brace-for-glut-of-new-units-in-2023-says-cbre\/","url_meta":{"origin":146397,"position":4},"title":"Hong Kong developers likely to offer incentives to lure buyers as they brace for glut of new units in 2023, says CBRE","date":"January 19, 2023","format":false,"excerpt":"\r With unsold stock of between 16,000 and 18,000 units, and new supply in the pipeline, about 45,000 new flats are likely to become available this year, says CBRE, roughly four times the number that sold in 2022.\r \r Source : South China Morning Post\r Read more...Hong Kong developers likely\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140331,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-will-fall-by-10-per-cent-in-2024-ubs-says-amid-high-interest-rates-housing-glut\/","url_meta":{"origin":146397,"position":5},"title":"Hong Kong home prices will fall by 10 per cent in 2024, UBS says, amid high interest rates, housing glut","date":"November 16, 2023","format":false,"excerpt":"\r The Swiss investment bank expects home prices to decline by 10 per cent in 2024 as high interest rates dent demand and an abundance of housing stock boosts supply.\r \r Source : South China Morning Post\r Read more...Hong Kong home prices will fall by 10 per cent in 2024,\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\/146397"}],"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=146397"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146397\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}