{"id":146713,"date":"2024-08-20T12:39:08","date_gmt":"2024-08-20T05:39:08","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-would-rather-forfeit-their-deposits-than-pay-above-market-prices\/"},"modified":"2024-08-23T08:23:47","modified_gmt":"2024-08-23T01:23:47","slug":"hong-kongs-homebuyers-would-rather-forfeit-their-deposits-than-pay-above-market-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-would-rather-forfeit-their-deposits-than-pay-above-market-prices\/","title":{"rendered":"Hong Kong\u2019s homebuyers would rather forfeit their deposits than pay above-market prices"},"content":{"rendered":"


\nThe 308 cases in the first half have already exceeded last year\u2019s total of 261, according to Centaline. But buyers could be chased down by developers to pay the difference in resale prices, agent warns.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s homebuyers would rather forfeit their deposits than pay above-market prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The 308 cases in the first half have already exceeded last year\u2019s total of 261,...<\/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-146713","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-Cal","jetpack-related-posts":[{"id":96179,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-getting-cold-feet-in-hong-kongs-property-market-amid-growing-uncertainties\/","url_meta":{"origin":146713,"position":0},"title":"Homebuyers getting cold feet in Hong Kong\u2019s property market amid growing uncertainties","date":"August 17, 2018","format":false,"excerpt":"\r Some buyers are so edgy about the Hong Kong property market that they are pulling out of deals, despite losing big deposits. A buyer who agreed to buy a unit at Sun Hung Kai Properties\u2019 St Martin II two weeks ago cancelled the purchase on Thursday. The U-turn on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116647,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-spooked-by-recession-talk-of-national-security-law-forfeit-us1-5-million-in-deposits-walk-away-from-purchases\/","url_meta":{"origin":146713,"position":1},"title":"Hong Kong homebuyers \u2013 spooked by recession, talk of national security law \u2013 forfeit US$1.5 million in deposits, walk away from purchases","date":"May 26, 2020","format":false,"excerpt":"\r Nineteen Hong Kong homebuyers who put down deposits for flats at the height of a market rally around June 2018 have walked away from their purchases, forfeiting as much as HK$11.83 million (US$1.53 million) and HK$12.4 million in two instances over the past month.Nine buyers walked away from Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-defy-11-days-of-triple-digit-coronavirus-cases-to-snap-up-hendersons-seacoast-royale-flats-in-tuen-mun\/","url_meta":{"origin":146713,"position":2},"title":"Hong Kong\u2019s homebuyers defy 11 days of triple-digit coronavirus cases to snap up Henderson\u2019s Seacoast Royale flats in Tuen Mun","date":"August 1, 2020","format":false,"excerpt":"\r Hong Kong's property buyers defied a tropical cyclone and the 11th day of triple-digit confirmed coronavirus cases to snap up new homes launched by one of the city's largest developers, underscoring the resilience of the real estate bull market.Henderson Land Development sold all 185 units offered at its Seacoast\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110184,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-snap-up-billion-developments-aurora-flats-in-tsuen-wan-attracted-by-lowest-prices-in-neighbourhood\/","url_meta":{"origin":146713,"position":3},"title":"Hong Kong\u2019s homebuyers snap up Billion Development\u2019s Aurora flats in Tsuen Wan, attracted by lowest prices in neighbourhood","date":"August 24, 2019","format":false,"excerpt":"\r Hong Kong buyers snapped up every flat for sale in Tsuen Wan, delivering a second successful weekend for the developer that offered the project at one of the lowest prices in the district.Billion Development & Project Management sold all 216 apartments offered in the second batch of The Aurora\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122918,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-make-a-beeline-for-manor-hills-tiny-flats-shrugging-off-record-average-price-for-lohas-park-area\/","url_meta":{"origin":146713,"position":4},"title":"Hong Kong\u2019s homebuyers make a beeline for Manor Hill\u2019s tiny flats, shrugging off record average price for Lohas Park area","date":"October 30, 2021","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers snapped up a collection of tiny flats on offer over the weekend at Lohas Park in Kowloon\u2019s Tseung Kwan O area, shrugging off the record price that was 30 per cent more than the most recent launch in the neighbourhood.Kowloon Development sold 326 of the 438\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-return-to-market-snapping-up-new-flats-at-in-one-above-project-in-ho-man-tin-on-sunday\/","url_meta":{"origin":146713,"position":5},"title":"Hong Kong\u2019s homebuyers return to market, snapping up new flats at In One Above project in Ho Man Tin on Sunday","date":"May 21, 2023","format":false,"excerpt":"\r Historically high lending rates did not deter buyers from purchasing more than half the available flats at the In One Above project by Chinachem Properties and MTR Corporation on Sunday.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s homebuyers return to market, snapping up new flats at\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\/146713"}],"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=146713"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146713\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}