{"id":93465,"date":"2018-07-06T07:03:31","date_gmt":"2018-07-06T00:03:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-rush-to-sell-flats-on-concerns-new-government-measures-could-cool-demand\/"},"modified":"2018-07-09T11:04:25","modified_gmt":"2018-07-09T04:04:25","slug":"hong-kong-developers-rush-to-sell-flats-on-concerns-new-government-measures-could-cool-demand","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-rush-to-sell-flats-on-concerns-new-government-measures-could-cool-demand\/","title":{"rendered":"Hong Kong developers rush to sell flats on concerns new government measures could cool demand"},"content":{"rendered":"


\nHong Kong developers are rushing to unload their unsold stocks of properties as fears grow of tougher market conditions after the government announced new measures to ease the city\u2019s long running housing problems.
\nLast week the city\u2019s chief executive, Carrie Lam Cheng Yuet-ngor, announced a vacancy tax on newly built flats that remain unsold for six months, as well as cutting the price of subsidised homes under the Housing Ownership Scheme to 52 per cent of market rates from 70 per…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developers rush to sell flats on concerns new government measures could cool demand<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong developers are rushing to unload their unsold stocks of properties as fears grow...<\/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-93465","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-ojv","jetpack-related-posts":[{"id":109286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-unlikely-to-increase-prices-of-new-flats-as-they-try-to-offload-8500-unsold-units-centaline-says\/","url_meta":{"origin":93465,"position":0},"title":"Hong Kong developers unlikely to increase prices of new flats as they try to offload 8,500 unsold units, Centaline says","date":"July 24, 2019","format":false,"excerpt":"\r Hong Kong builders will probably leave their prices virtually unchanged in the second half of the year, having accumulated close to 8,500 unsold units since 2016, according to Centaline Property Agency.The developers may be keener than they have been in the past to offload the stock because of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96587,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nan-fung-prices-new-flats-below-market-rate-as-cooling-measures-threaten-hong-kongs-property-rally\/","url_meta":{"origin":93465,"position":1},"title":"Nan Fung prices new flats below market rate as cooling measures threaten Hong Kong\u2019s property rally","date":"August 24, 2018","format":false,"excerpt":"\r Nan Fung Development has become the second Hong Kong developer to sell new homes below market price as the property market in the world\u2019s least affordable city starts to feel the effects of rising interest rates, cooling measures and a slowing Chinese economy. Housing policies announced by the city\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147328,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-to-make-nearly-18000-new-flats-available-to-homebuyers\/","url_meta":{"origin":93465,"position":2},"title":"Hong Kong developers to make nearly 18,000 new flats available to homebuyers","date":"October 8, 2024","format":false,"excerpt":"\r The government has approved presale consent for several projects, with developers eager to offload unsold inventory.\r \r Source : South China Morning Post\r Read more...Hong Kong developers to make nearly 18,000 new flats available to homebuyers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-glut-of-unsold-flats-could-put-more-pressure-on-prices\/","url_meta":{"origin":93465,"position":3},"title":"Hong Kong\u2019s glut of unsold flats could put more pressure on prices","date":"February 12, 2019","format":false,"excerpt":"\r Hong Kong home builders could face greater pressure to slash \u00adprices as the number of completed but unsold new flats they held increased at the end of last year. Analysts said some home builders would offload stock by cutting prices by 5 per cent to 10 per cent from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113447,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-set-to-vie-for-buyers-affection-as-a-glut-of-new-flats-floods-the-market\/","url_meta":{"origin":93465,"position":4},"title":"Hong Kong developers set to vie for buyers\u2019 affection as a glut of new flats floods the market","date":"January 7, 2020","format":false,"excerpt":"\r Hong Kong developers could come under pressure to reduce prices amid a spate of new project launches, according to market observers.Centaline Property Agency said on Monday that six developers who hold 5,120 unsold flats since 2016 are likely to speed up sales to avoid the soon-to-be introduced vacancy tax.Combined\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-extend-sell-out-streak-amid-renewed-confidence-in-market\/","url_meta":{"origin":93465,"position":5},"title":"Hong Kong homebuyers extend sell-out streak amid renewed confidence in market","date":"April 19, 2026","format":false,"excerpt":"\r Hong Kong homebuyers\u2019 strong demand for new flats extended a streak of brisk sales for developers with one project selling out in a single day, underscoring the city\u2019s broader recovery in housing prices. All 88 units at the Pavilia Farm III project by New World Development and MTR Corporation\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\/93465"}],"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=93465"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93465\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=93465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=93465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=93465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}