{"id":65462,"date":"2017-09-05T07:32:12","date_gmt":"2017-09-05T00:32:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-prices-for-tsuen-wans-1-bedroom-flats-have-dived-most-in-3-months\/"},"modified":"2017-09-05T07:41:21","modified_gmt":"2017-09-05T00:41:21","slug":"why-prices-for-tsuen-wans-1-bedroom-flats-have-dived-most-in-3-months","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-prices-for-tsuen-wans-1-bedroom-flats-have-dived-most-in-3-months\/","title":{"rendered":"Why prices for Tsuen Wan\u2019s 1-bedroom flats have dived most in 3 months"},"content":{"rendered":"<p>&#013;<br \/>\nPrices for one-bedroom new flats in Hong Kong\u2019s Tsuen Wan district \u2013 which at one point shot up to a jaw-dropping HK$10 million (US$1.28 million) \u2013 have tumbled the most after ChinaChem Group adopted a reverse sales tactic of offloading its latest project at this year\u2019s lowest prices for the area.<br \/>\nOne-bedroom flats at Parc City, located next to the West Rail\u2019s Tsuen Wan West station,were sold at an average transaction price of HK$14,900 per square foot, or 16 per&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2109710\/why-prices-tsuen-wans-1-bedroom-flats-have-dived-most-3\" target=\"_blank\">Why prices for Tsuen Wan\u2019s 1-bedroom flats have dived most in 3 months<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Prices for one-bedroom new flats in Hong Kong\u2019s Tsuen Wan district \u2013 which at one&#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-65462","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-h1Q","jetpack-related-posts":[{"id":171842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-sells-out-latest-flats-in-tsuen-wan-as-hong-kong-property-market-continues-recovery\/","url_meta":{"origin":65462,"position":0},"title":"SHKP sells out latest flats in Tsuen Wan as Hong Kong property market continues recovery","date":"May 23, 2026","format":false,"excerpt":"\r Hong Kong developers sold most of the more than 120 new flats made available to homebuyers on Saturday as the local residential market continues its recovery on the back of improving China\u2013US relations and talent flows into the city. By 12.30pm Saturday, Sun Hung Kai Properties (SHKP) had sold\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65488,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/over-a-thousand-home-seekers-chase-just-four-flats-at-parc-city-in-tsuen-wan\/","url_meta":{"origin":65462,"position":1},"title":"Over a thousand home seekers chase just four flats at Parc City in Tsuen Wan","date":"September 5, 2017","format":false,"excerpt":"\r The odds were stacked against them, at more than 300 to 1. But in a property market as hot as Hong Kong\u2019s that wasn\u2019t enough to stop some 1,300 home seekers queuing for a chance to get their hands on just four flats in Parc City, Tsuen Wan. And\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40597,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-and-vanke-property-price-flats-in-tsuen-wan-at-record-hk20219-psf\/","url_meta":{"origin":65462,"position":2},"title":"New World and Vanke Property price flats in Tsuen Wan at record  HK$20,219 psf","date":"January 13, 2017","format":false,"excerpt":"\r New World Development and Vanke Property (Overseas) have launched the sale of their joint residential project in Tsuen Wan, with some units costing more than HK$20,000 per square foot, setting a record in the district. The developers on Friday released the price list for the first batch of 197\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109994,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-shrug-off-hong-kong-rallies-to-snap-up-aurora-flats-in-tsuen-wan-offered-at-10-per-cent-discount-to-the-neighbourhood\/","url_meta":{"origin":65462,"position":3},"title":"Buyers shrug off Hong Kong rallies to snap up Aurora flats in Tsuen Wan, offered at 10 per cent discount to the neighbourhood","date":"August 17, 2019","format":false,"excerpt":"\r Homebuyers shrugged off a downpour and Hong Kong\u2019s 11th week of street protests to snap up the flats offered at a discount by Billion Development & Project Management in Tsuen Wan.Billion sold 300 flats, or 85 per cent of the 354 available units on offer at The Aurora as\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65262,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tsuen-wan-sales-show-hong-kong-housing-market-is-alive-and-kicking\/","url_meta":{"origin":65462,"position":4},"title":"Tsuen Wan sales show Hong Kong housing market is \u2018alive and kicking\u2019","date":"September 2, 2017","format":false,"excerpt":"\r Buyers on Saturday snapped up all 432 flats, worth HK$4 billion, in the second batch to go on sale at a private residential project in Tsuen Wan, signalling a robust property market this month, according to observers. Strong demand for the Parc City development has seen all of its\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96397,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-prepare-to-welcome-new-affluent-residents-to-tsuen-wan-with-upgraded-shopping-malls\/","url_meta":{"origin":65462,"position":5},"title":"Landlords prepare to welcome new affluent residents to Tsuen Wan with upgraded shopping malls","date":"August 21, 2018","format":false,"excerpt":"\r Tsuen Wan\u2019s retail landscape is set for huge improvements as major developers open new malls and upgrade existing ones to tap the higher spending power of residents moving into upscale housing in the area. Chinachem Group, which owns Nina Tower, the tallest building in the New Territories at 89\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\/65462"}],"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=65462"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/65462\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=65462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=65462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=65462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}