{"id":93861,"date":"2018-07-14T21:28:23","date_gmt":"2018-07-14T14:28:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/downpour-fails-to-douse-citys-housing-fever-as-two-developers-post-near-complete-sales\/"},"modified":"2018-07-14T22:04:56","modified_gmt":"2018-07-14T15:04:56","slug":"downpour-fails-to-douse-citys-housing-fever-as-two-developers-post-near-complete-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/downpour-fails-to-douse-citys-housing-fever-as-two-developers-post-near-complete-sales\/","title":{"rendered":"Downpour fails to douse city\u2019s housing fever as two developers post near-complete sales"},"content":{"rendered":"<p>&#013;<br \/>\nA tropical monsoon packing wind gusts of 70km\/h (43.5mph) failed to douse Hong Kong\u2019s feverish demand for housing, with two developers reporting overwhelming response to their latest weekend property sales.<br \/>\nFar East Consortium said it sold 106 of the 112 units on offer at The Garrison apartment complex in Sha Tin as of 8:30pm, while agents said Sun Hung Kai had sold more than 100 units of the second phase of it St Martin project in Tai Po.<br \/>\nThe near-complete sale of the two projects,&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2155295\/downpour-fails-douse-citys-housing-fever-two-developers-post-near-complete\" target=\"_blank\">Downpour fails to douse city\u2019s housing fever as two developers post near-complete sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A tropical monsoon packing wind gusts of 70km\/h (43.5mph) failed to douse Hong Kong\u2019s feverish&#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-93861","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-opT","jetpack-related-posts":[{"id":92168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-demand-helps-developers-clear-housing-stock-before-hong-kong-slaps-vacancy-tax-on-hoarders\/","url_meta":{"origin":93861,"position":0},"title":"Home demand helps developers clear housing stock before Hong Kong slaps vacancy tax on hoarders","date":"June 23, 2018","format":false,"excerpt":"\r Hong Kong\u2019s property buyers braved a downpour to snap up more than a hundred unoccupied apartment units, helping developers clear the unsold stock ahead of a government plan to impose a so-called vacancy tax to deter hoarding. As many as 111 units, or 63 per cent of the 176\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/g20-hangzhou-hangover\/","url_meta":{"origin":93861,"position":1},"title":"G20 Hangzhou hangover","date":"September 21, 2016","format":false,"excerpt":"\r Panic buying strikes again in China Qianjiang CBD in Hangzhou. Zhao jian kang \/ Shutterstock Trying to douse scalding residential property values in Hangzhou after it hosted the G20 summit, housing authorities inadvertently catapulted sales to record heights. Around 5,105 homes were snapped up in the city on Sunday,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117820,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-toughens-local-residency-requirements-to-douse-violent-surge-in-chinas-hottest-residential-market\/","url_meta":{"origin":93861,"position":2},"title":"Shenzhen toughens local residency requirements to douse \u2018violent surge\u2019 in China\u2019s hottest residential market","date":"July 15, 2020","format":false,"excerpt":"\r Shenzhen has tightened rules on home purchases by introducing additional residency and tax requirements to douse a \u201cviolent surge\u201d that turned China\u2019s Silicon Valley into the hottest property market in the country.Residents with hukou in the south-eastern city bordering Hong Kong will be only be allowed to buy a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/propertyguru-news-roundup-may-2018\/","url_meta":{"origin":93861,"position":3},"title":"PropertyGuru News Roundup (May 2018)","date":"May 31, 2018","format":false,"excerpt":"\r Our top Singapore property stories. Chancery Court In District 11 Sold En Bloc For $401.8m Chancery Court, a privatised HUDC estate right across the road from the Anglo Chinese School campus, has been sold en bloc for $401.78 million, or six percent higher than its reserve price of $390\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2018\/05\/Singapore-property.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":108720,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-year-on-how-the-cooling-measures-came-and-shook-up-the-housing-market\/","url_meta":{"origin":93861,"position":4},"title":"One Year On: How The Cooling Measures Came And Shook Up The Housing Market","date":"July 4, 2019","format":false,"excerpt":"\r Today marks exactly one year since the Government dropped the surprise announcement that it was raising Additional Buyer\u2019s Stamp Duty (ABSD) rates and tightening Loan-To-Value (LTV) limits just after 7pm on July 5. The measures, which took effect the next day, came as a surprise, arriving just as property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/07\/higher-absd-rates.png?fit=851%2C617&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":87014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-to-adjust-guidelines-if-developers-build-too-many-shoebox-units\/","url_meta":{"origin":93861,"position":5},"title":"URA to adjust guidelines if developers build too many shoebox units","date":"May 3, 2018","format":false,"excerpt":"\r Developers are allowed to build condo units of different sizes, assuming an average size of 753 sq ft. The Urban Redevelopment Authority (URA) said on Wednesday (3 May) that it will intervene, if needed, to prevent property developers from building too many tiny apartments or shoebox units amidst the\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\/93861"}],"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=93861"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93861\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=93861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=93861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=93861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}