{"id":9622,"date":"2016-04-01T18:57:40","date_gmt":"2016-04-01T11:57:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-homantin-buyers-see-flat-value-plunge-hk1-million-in-five-days-as-desperate-hong-kong-developer-cuts-prices\/"},"modified":"2016-04-01T19:16:17","modified_gmt":"2016-04-01T12:16:17","slug":"one-homantin-buyers-see-flat-value-plunge-hk1-million-in-five-days-as-desperate-hong-kong-developer-cuts-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-homantin-buyers-see-flat-value-plunge-hk1-million-in-five-days-as-desperate-hong-kong-developer-cuts-prices\/","title":{"rendered":"One Homantin buyers see flat value plunge HK$1 million in five days as desperate Hong Kong developer cuts prices"},"content":{"rendered":"<p>&#013;<\/p>\n<p>  Buyers of a luxury residential project in Ho Man Tin will see their flat value shrink by HK$1 million in five days as the developer, Wheelock Properties, has decided to offer an extra eight per cent discount to undercut two rival projects in the area.&#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\/1932927\/one-homantin-buyers-see-flat-value-plunge-hk1-million-five\" target=\"_blank\">One Homantin buyers see flat value plunge HK million in five days as desperate Hong Kong developer cuts prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Buyers of a luxury residential project in Ho Man Tin will see their flat value&#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-9622","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\/p75ss1-2vc","jetpack-related-posts":[{"id":62398,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-buyers-not-only-face-spiralling-property-prices-but-also-soaring-management-fees\/","url_meta":{"origin":9622,"position":0},"title":"Hong Kong home buyers not only face spiralling property prices, but also soaring management fees","date":"August 1, 2017","format":false,"excerpt":"\r As Hong Kong home prices continue soaring sky high, so too have management fees, with one developer planning to charge buyers of a so-called \u201cnano flat\u201d in Kwai Chung a monthly HK$4.8 per (US62 cents) per square foot \u2013 one of the highest levels in the New Territories. That\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":396,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-flat-sells-for-record-hk594-7-million\/","url_meta":{"origin":9622,"position":1},"title":"Hong Kong luxury flat sells for record HK$594.7 million","date":"December 31, 2015","format":false,"excerpt":"\r \r A luxury apartment in Hong Kong that sold for a record HK$594.7 million (Dh281.8m) days before Christmas, has become the most expensive flat in the city and possibly in Asia.An unidentified buyer paid more than HK$103,700 per-square foot for the 5,732 square-foot unit at the luxury 39 Conduit\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-lai-sun-prices-the-parkland-in-yuen-long-at-10-year-low-to-lure-buyers\/","url_meta":{"origin":9622,"position":2},"title":"Hong Kong developer Lai Sun prices The Parkland in Yuen Long at 10-year low to lure buyers","date":"September 26, 2024","format":false,"excerpt":"\r The first batch of 50 units at The Parkland in Yuen Long has an average price of HK$9,278 per square foot.\r \r Source : South China Morning Post\r Read more...Hong Kong developer Lai Sun prices The Parkland in Yuen Long at 10-year low to lure buyers","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1381,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-a-buyers-market-as-hk-flat-owners-pile-on-discounts-in-secondary-market\/","url_meta":{"origin":9622,"position":3},"title":"It\u2019s a buyers\u2019 market as HK flat owners pile on discounts in secondary market","date":"January 13, 2016","format":false,"excerpt":"\r Plagued by weakening market sentiment, rising interest rates and a slowing economy, flat owners in Hong Kong are feeling compelled to slash prices to attract buyers, pushing secondary home prices down for four straight months.\r \r Source : South China Morning Post\r Read more...It\u2019s a buyers\u2019 market as HK\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96119,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-cuts-new-flat-prices-again-as-hong-kong-developers-face-headwinds\/","url_meta":{"origin":9622,"position":4},"title":"Sun Hung Kai cuts new flat prices again as Hong Kong developers face headwinds","date":"August 16, 2018","format":false,"excerpt":"\r Sun Hung Kai, Hong Kong\u2019s biggest property developer, has cut the prices of homes at one of its projects by as much as 10 per cent, the second time in less than a month it has taken such action in the latest sign that the property market may be\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-of-micro-flats-at-t-plus-in-tuen-mun-slashed-by-38-per-cent-as-developer-looks-to-lure-back-buyers\/","url_meta":{"origin":9622,"position":5},"title":"Prices of micro flats at T-Plus in Tuen Mun slashed by 38 per cent as developer looks to lure back buyers","date":"July 5, 2019","format":false,"excerpt":"\r The developer of a micro flat project in Hong Kong has cut the price of flats that are smaller than a car parking space by 38 per cent, after managing to sell only two units during the initial launch in December.Prices were unveiled on Thursday for 36 flats at\u2026","rel":"","context":"In &quot;Property 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