{"id":148301,"date":"2024-11-28T16:30:55","date_gmt":"2024-11-28T09:30:55","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-emperors-home-penthouse-sold-at-steep-discount-as-distressed-tycoons-divest\/"},"modified":"2024-11-28T16:32:09","modified_gmt":"2024-11-28T09:32:09","slug":"hong-kongs-emperors-home-penthouse-sold-at-steep-discount-as-distressed-tycoons-divest","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-emperors-home-penthouse-sold-at-steep-discount-as-distressed-tycoons-divest\/","title":{"rendered":"Hong Kong\u2019s \u2018Emperor\u2019s Home\u2019 penthouse sold at steep discount as distressed tycoons divest"},"content":{"rendered":"


\n\u2018We will continue seeing financially pressured owners offloading assets until interest rates come down substantially,\u2019 analyst says.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s \u2018Emperor\u2019s Home\u2019 penthouse sold at steep discount as distressed tycoons divest<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u2018We will continue seeing financially pressured owners offloading assets until interest rates come down substantially,\u2019...<\/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-148301","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-CzX","jetpack-related-posts":[{"id":149810,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-hong-kongs-property-slump-is-affecting-asset-values-owned-by-celebrities-and-tycoons\/","url_meta":{"origin":148301,"position":0},"title":"How Hong Kong\u2019s property slump is affecting asset values owned by celebrities and tycoons","date":"March 14, 2025","format":false,"excerpt":"\r Macau tycoon Stanley Ho\u2019s family is selling a site in Tsim Sha Tsui, while actor Nicholas Tse\u2019s shop in Central rented out at a big discount.\r \r Source : South China Morning Post\r Read more...How Hong Kong\u2019s property slump is affecting asset values owned by celebrities and tycoons","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119263,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hey-big-spenders-wheelock-banks-on-chinas-tycoons-to-reset-benchmark-prices-for-peak-villas-in-hong-kongs-wealthiest-enclave\/","url_meta":{"origin":148301,"position":1},"title":"Hey big spenders! Wheelock banks on China\u2019s tycoons to reset benchmark prices for Peak villas in Hong Kong\u2019s wealthiest enclave","date":"November 18, 2020","format":false,"excerpt":"\r Wheelock Properties, controlled by one of Hong Kong\u2019s richest tycoons, is planning to put up its prime asset on The Peak early next year, hoping to draw interest from a new pool of mainland Chinese billionaires minted during the recent stock market boom.The developer will call for bids for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8418,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tycoons-share-their-pessimism-on-outlook-empathise-with-retailers-rocked-by-hard-times\/","url_meta":{"origin":148301,"position":2},"title":"Hong Kong tycoons share their pessimism on outlook, empathise with retailers rocked by hard times","date":"March 18, 2016","format":false,"excerpt":"\r One day after Hong Kong\u2019s richest man warned that Hong Kong has been experiencing some of its toughest economic challenges in two decades, one other property heavyweight weighed in with a note of pessimism.\r \r Source : South China Morning Post\r Read more...Hong Kong tycoons share their pessimism on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-policy-cushions-hong-kongs-property-slump-adding-us3-billion-to-wealth-of-citys-six-richest-real-estate-tycoons\/","url_meta":{"origin":148301,"position":3},"title":"Housing policy cushions Hong Kong\u2019s property slump, adding US$3 billion to wealth of city\u2019s six richest real estate tycoons","date":"October 17, 2019","format":false,"excerpt":"\r The Hong Kong government\u2019s relaxation of mortgage payment rules for the first time in nine years would help spur sales of lived-in homes by as much as 30 per cent in the quarter ending in December, putting a cushion under the slump in the city\u2019s real estate sales.In her\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-a-stake-in-ifc-harbour-city-mobile-game-landlord-go-gives-hong-kongs-would-be-property-tycoons-a-taste-of-the-li-ka-shing-high-life\/","url_meta":{"origin":148301,"position":4},"title":"Want a stake in IFC, Harbour City? Mobile game Landlord Go gives Hong Kong\u2019s would-be property tycoons a taste of the Li Ka-shing high life","date":"August 12, 2020","format":false,"excerpt":"\r For many Hongkongers the dream of owning a home in the world\u2019s most expensive property market is far-fetched. As for aspirations of becoming a real estate tycoon, building up a multibillion dollar property empire and leasing out space in some of the city\u2019s most famous skyscrapers \u2026 dream on!But\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-penthouse-sells-for-us54m-to-mainland-chinese-buyer-as-luxury-demand-spikes\/","url_meta":{"origin":148301,"position":5},"title":"Hong Kong penthouse sells for US$54m to mainland Chinese buyer as luxury demand spikes","date":"April 29, 2026","format":false,"excerpt":"\r A top-floor residence at High Peak in Hong Kong\u2019s Mid-Levels West neighbourhood has sold for HK$420 million (US$53.7 million) as activity in Hong Kong\u2019s high-end housing segment remains heated after a strong first quarter. The penthouse unit at 23 Po Shan Road sold to a company called Shine Action\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\/148301"}],"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=148301"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148301\/revisions"}],"predecessor-version":[{"id":148302,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148301\/revisions\/148302"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=148301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=148301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=148301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}