{"id":83699,"date":"2018-03-25T17:28:37","date_gmt":"2018-03-25T10:28:37","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/tseung-kwan-o-flat-sale-shows-sector-still-going-strong-even-as-mortgage-rates-are-on-the-rise\/"},"modified":"2018-03-25T18:03:10","modified_gmt":"2018-03-25T11:03:10","slug":"tseung-kwan-o-flat-sale-shows-sector-still-going-strong-even-as-mortgage-rates-are-on-the-rise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tseung-kwan-o-flat-sale-shows-sector-still-going-strong-even-as-mortgage-rates-are-on-the-rise\/","title":{"rendered":"Tseung Kwan O flat sale shows sector still going strong, even as mortgage rates are on the rise"},"content":{"rendered":"


\nBuyers snapped up flats released at a development in Tseung Kwan O on Saturday, showing that \u00adproperty demand has yet to dampen despite the monetary \u00adauthority raising interest rates by 25 basis points last week.
\nWheelock & Co said it would release another 180 units at the Malibu development at an average discounted price of HK$17,374 (US$2,215) per square foot on Sunday, or 17 per cent higher than the average transaction price in the first batch being two weeks ago.
\nThe price…
\n
\nSource : South China Morning Post
\nRead more…Tseung Kwan O flat sale shows sector still going strong, even as mortgage rates are on the rise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Buyers snapped up flats released at a development in Tseung Kwan O on Saturday, showing...<\/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-83699","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-lLZ","jetpack-related-posts":[{"id":12016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tseung-kwan-o-new-flat-price-drops-to-three-year-low-of-hk3-51-million\/","url_meta":{"origin":83699,"position":0},"title":"Tseung Kwan O new flat price drops to three-year low of HK$3.51 million","date":"May 5, 2016","format":false,"excerpt":"\r Developers continue to undercut second-hand home prices as sales volumes claw back from near record lows, with Wheelock Properties launching its new project in Tseung Kwan O at prices starting at HK$3.51 million, the lowest for new flats in the area in three years.\r \r Source : South China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13044,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/biggest-opening-sale-in-six-months-does-the-trick-as-homebuyers-swarm-to-new-tseung-kwan-o-development\/","url_meta":{"origin":83699,"position":1},"title":"Biggest opening sale in six months does the trick as homebuyers swarm to new Tseung Kwan O development","date":"May 14, 2016","format":false,"excerpt":"\r Homebuyers yesterday snapped up 85 per cent of 362 flats unveiled at a new development in Tseung Kwan O that were up to 10 per cent cheaper than some second-hand homes in the area.\r \r Source : South China Morning Post\r Read more...Biggest opening sale in six months does\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117404,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-assets-bet-on-home-demand-pays-off-as-hong-kong-buyers-shrug-aside-us-law-to-snap-up-tseung-kwan-os-costliest-launch\/","url_meta":{"origin":83699,"position":2},"title":"CK Asset\u2019s bet on home demand pays off as Hong Kong buyers shrug aside US law to snap up Tseung Kwan O\u2019s costliest launch","date":"June 27, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers snapped up the most expensive residential property project that launched in the Tseung Kwan O district on Saturday, persuaded by discounts and flexible payment terms to ignore the risks of a recession and escalating US-China tensions.Sea To Sky, a new project by CK Asset Holdings Limited\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12568,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/previously-owned-property-market-in-tseung-kwan-o-goes-quiet-after-developer-price-cuts\/","url_meta":{"origin":83699,"position":3},"title":"Previously-owned property market in Tseung Kwan O goes quiet after developer price cuts","date":"May 10, 2016","format":false,"excerpt":"\r Sales volume and prices in the secondary residential market in Hong Kong\u2019s Tseung Kwan O district are expected to remain under downward pressure amid abundant supply in the area, according to industry experts.\r \r Source : South China Morning Post\r Read more...Previously-owned property market in Tseung Kwan O goes\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tseung-kwan-o-flats-selling-at-manhattan-prices-yet-hong-kong-developers-subprime-mortgage-tactics-go-unchecked\/","url_meta":{"origin":83699,"position":4},"title":"Tseung Kwan O flats selling at Manhattan prices, yet Hong Kong developers\u2019 subprime mortgage tactics go unchecked","date":"May 26, 2016","format":false,"excerpt":"\r In a letter to his wife Jiang Qing in 1966, Mao Zedong wrote: \u201cGreat chaos achieves great order.\u201d Unfortunately in Hong Kong, an oppressive order among our property developers has resulted in great chaos for the rest of the population.\r \r Source : South China Morning Post\r Read more...Tseung\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110685,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelocks-new-flats-in-tseung-kwan-o-get-tepid-reception-as-protests-keep-chipping-away-at-sentiment\/","url_meta":{"origin":83699,"position":5},"title":"Wheelock\u2019s new flats in Tseung Kwan O get tepid reception as protests keep chipping away at sentiment","date":"September 12, 2019","format":false,"excerpt":"\r A batch of new flats at a project in Tseung Kwan O failed to hit the mark with investors on Wednesday as sentiment continues to dwindle amid violent protests that show no sign of abating.By 8.10pm Wheelock Properties had managed to sell just 177 out of 318 units that\u2026","rel":"","context":"In "Property 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