{"id":161251,"date":"2025-09-19T17:22:21","date_gmt":"2025-09-19T10:22:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-the-citys-first-sale-after-rate-cuts\/"},"modified":"2025-09-19T19:00:35","modified_gmt":"2025-09-19T12:00:35","slug":"hong-kong-homebuyers-snap-up-the-citys-first-sale-after-rate-cuts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-the-citys-first-sale-after-rate-cuts\/","title":{"rendered":"Hong Kong homebuyers snap up the city\u2019s first sale after rate cuts"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s homebuyers defied a No 3 typhoon signal to snap up apartments during two property sales on Friday, entering the market after commercial banks lowered their prime lending rates a day earlier following the first rate cut by the local monetary authority.<br \/>\nNew World Development and CK Asset Holdings, two of the largest property developers in the city, sold 69 apartments, or 36 per cent of the 190 flats on offer at two locations as of 6.30pm on Friday, around five hours after sales&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3326182\/hong-kongs-homebuyers-brave-storm-signal-citys-first-post-rate-cut-property-sales?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong homebuyers snap up the city\u2019s first sale after rate cuts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s homebuyers defied a No 3 typhoon signal to snap up apartments during two&#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-161251","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-FWP","jetpack-related-posts":[{"id":91564,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-flats-in-citys-first-two-sales-after-us-interest-rate-increase\/","url_meta":{"origin":161251,"position":0},"title":"Hong Kong homebuyers snap up flats in city\u2019s first two sales after US interest rate increase","date":"June 16, 2018","format":false,"excerpt":"\r Homebuyers in Hong Kong rushed to buy flats on Friday and Saturday in the city\u2019s first two sales after the US raised interest rates, indicating no dip in the buoyant and expensive local property market. As of 5pm on Saturday, all 119 units on offer, priced between HK$47.12 million\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121577,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-sun-hung-kais-wetland-seasons-bay-launch-as-improving-economy-lifts-sentiments\/","url_meta":{"origin":161251,"position":1},"title":"Hong Kong homebuyers snap up Sun Hung Kai\u2019s Wetland Seasons Bay launch as improving economy lifts sentiments","date":"August 21, 2021","format":false,"excerpt":"\r Hong Kong\u2019s property buyers returned to the market, defying bearish sentiments in the local stock market to snap up new apartments at the city\u2019s wetlands park, as an improving economy and a tapering Covid-19 outbreak lifted sentiments.Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by value, sold 210\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-a-third-of-500-flats-offered-by-five-developers-in-citys-biggest-weekend-sale-since-september\/","url_meta":{"origin":161251,"position":2},"title":"Hong Kong homebuyers snap up a third of 500 flats offered by five developers in city\u2019s biggest weekend sale since September","date":"December 18, 2021","format":false,"excerpt":"\r Hong Kong homebuyers snapped up 145 flats of nearly 500 units offered by five major developers as of 6pm on Saturday, marking the city\u2019s biggest weekend sale since September in terms of number of flats up for grabs.Henderson Land sold out all 50 flats on offer at its Caine\u2026","rel":"","context":"In &quot;Property News&quot;","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":161251,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114910,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-first-new-property-project-in-two-months-lured-by-discounts-and-falling-interest-rates\/","url_meta":{"origin":161251,"position":4},"title":"Hong Kong homebuyers snap up first new property project in two months, lured by discounts and falling interest rates","date":"March 14, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers snapped up the city\u2019s first fresh property launch in two months, attracted by discounts and expectations of lower interest rates, even as the ongoing coronavirus outbreak continued to weigh on business and retail sentiments.Wheelock Properties sold over 100 of the 208 flats on offer at the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98032,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soggy-but-not-discouraged-hong-kong-homebuyers-overcome-typhoon-aftermath-to-snap-up-flats-on-monday\/","url_meta":{"origin":161251,"position":5},"title":"Soggy, but not discouraged, Hong Kong homebuyers overcome typhoon aftermath to snap up flats on Monday","date":"September 18, 2018","format":false,"excerpt":"\r Property sales postponed until Monday as a result of the disruption caused by Typhoon Mangkhut over the weekend received a mostly positive response, even as homebuyers struggled to cope with storm damage and transport bottlenecks. Sun Hung Kai Properties on Monday released 33 units of its Cullinan West II\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\/161251"}],"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=161251"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/161251\/revisions"}],"predecessor-version":[{"id":161252,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/161251\/revisions\/161252"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=161251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=161251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=161251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}