{"id":153807,"date":"2025-05-20T13:05:47","date_gmt":"2025-05-20T06:05:47","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/receivers-put-us55-million-home-of-hong-kongs-cassette-king-on-sale-amid-housing-gloom\/"},"modified":"2025-05-20T14:47:55","modified_gmt":"2025-05-20T07:47:55","slug":"receivers-put-us55-million-home-of-hong-kongs-cassette-king-on-sale-amid-housing-gloom","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/receivers-put-us55-million-home-of-hong-kongs-cassette-king-on-sale-amid-housing-gloom\/","title":{"rendered":"Receivers put US$55 million home of Hong Kong\u2019s \u2018Cassette King\u2019 on sale amid housing gloom"},"content":{"rendered":"


\nSea-view property in Pok Fu Lam handed to receivers last week, according to Land Registry records; expressions of interest to end on July 8.
\n
\nSource : South China Morning Post
\nRead more…Receivers put US million home of Hong Kong\u2019s \u2018Cassette King\u2019 on sale amid housing gloom<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sea-view property in Pok Fu Lam handed to receivers last week, according to Land Registry...<\/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-153807","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-E0L","jetpack-related-posts":[{"id":155007,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-veteran-investors-face-the-heat-in-sinking-property-market\/","url_meta":{"origin":153807,"position":0},"title":"Hong Kong\u2019s veteran investors face the heat in sinking property market","date":"June 1, 2025","format":false,"excerpt":"\r Hong Kong\u2019s commercial market declines have left some of the city\u2019s once-prosperous veteran investors struggling financially, with experts expecting distressed sales to continue amid plunging property valuations. In April, receivers took over the luxury detached mansion in Pok Fu Lam where \u201cCassette King\u201d David Chan Ping-chi and his family\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-cassette-king-offers-to-sell-luxury-property-to-pare-debt\/","url_meta":{"origin":153807,"position":1},"title":"Hong Kong\u2019s \u2018Cassette King\u2019 offers to sell luxury property to pare debt","date":"September 3, 2025","format":false,"excerpt":"\r One of Hong Kong\u2019s best-known real estate investors has put another luxury home up for sale at a discount, as the city\u2019s property glut and elevated interest rates weigh on highly leveraged entrepreneurs. David Chan Ping-chi, dubbed the \u201cCassette King\u201d for his fortunes made from producing audiovisual cassettes and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-may-soar-amid-hong-kongs-property-gloom-as-students-talent-immigrants-spur-demand\/","url_meta":{"origin":153807,"position":2},"title":"Rents may soar amid Hong Kong\u2019s property gloom as students, talent immigrants spur demand","date":"July 27, 2024","format":false,"excerpt":"\r The gap between renting and buying will cause the rate of return of housing property to soar, especially when interest rates start falling with the widely expected first cut by the US Federal Reserve likely in September.\r \r Source : South China Morning Post\r Read more...Rents may soar amid\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159605,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-ferry-buys-retail-space-for-us33-million-from-cassette-king\/","url_meta":{"origin":153807,"position":3},"title":"Hong Kong Ferry buys retail space for US$33 million from \u2018Cassette King\u2019","date":"August 20, 2025","format":false,"excerpt":"\r Hong Kong Ferry Holdings is buying retail shops in the New Territories from Hong Kong\u2019s \u201cCassette King\u201d David Chan Ping-chi for HK$260 million (US$33 million) as part of an expansion of its property investment business. Prosper Link Investment, a wholly owned subsidiary of the company, entered into a provisional\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140074,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-hong-kongs-housing-market-is-hurting-but-will-dodge-a-full-blown-crisis\/","url_meta":{"origin":153807,"position":4},"title":"Why Hong Kong\u2019s housing market is hurting but will dodge a full-blown crisis","date":"October 30, 2023","format":false,"excerpt":"\r Hong Kong\u2019s real estate market has endured five years of steady upheaval and shocks, with domestic and global factors adding to the strain. Even so, the outlook is not all doom and gloom as risks to financial stability are manageable and the downturn has inspired much-needed reforms.\r \r Source\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mortgage-relaxation-yet-to-lift-secondary-market-out-of-interest-rate-hike-gloom\/","url_meta":{"origin":153807,"position":5},"title":"Hong Kong mortgage relaxation yet to lift secondary market out of interest rate hike gloom","date":"July 18, 2023","format":false,"excerpt":"\r Hong Kong\u2019s first mortgage policy relaxation in 14 years has yet to bring cheer to the city\u2019s secondary housing market in the 10 days since its introduction.\r \r Source : South China Morning Post\r Read more...Hong Kong mortgage relaxation yet to lift secondary market out of interest rate hike\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\/153807"}],"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=153807"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/153807\/revisions"}],"predecessor-version":[{"id":153808,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/153807\/revisions\/153808"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=153807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=153807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=153807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}