{"id":98483,"date":"2018-09-25T17:33:48","date_gmt":"2018-09-25T10:33:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/families-in-hong-kong-confidently-defy-red-flags-about-a-housing-downturn-at-the-biggest-flat-sales-in-more-than-five-years\/"},"modified":"2018-09-25T18:06:14","modified_gmt":"2018-09-25T11:06:14","slug":"families-in-hong-kong-confidently-defy-red-flags-about-a-housing-downturn-at-the-biggest-flat-sales-in-more-than-five-years","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/families-in-hong-kong-confidently-defy-red-flags-about-a-housing-downturn-at-the-biggest-flat-sales-in-more-than-five-years\/","title":{"rendered":"Families in Hong Kong confidently defy red flags about a housing downturn at the biggest flat sales in more than five years"},"content":{"rendered":"


\nHong Kong families bought at least 412 flats on the holiday Tuesday in the city\u2019s biggest home sale in more than five years, confidently defying the latest red flags about a coming downturn in the property market.
\nTwo developers offered a total of 857 flats. At the larger sale of the day, Nan Fung Development had by 5:30pm sold about 55 per cent of 707 flats available at its LP6 development in Tseung Kwan O. For those 387 flats, the developer pulled in about HK$3.72 billion (US$480…
\n
\nSource : South China Morning Post
\nRead more…Families in Hong Kong confidently defy red flags about a housing downturn at the biggest flat sales in more than five years<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong families bought at least 412 flats on the holiday Tuesday in the city\u2019s...<\/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-98483","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-pCr","jetpack-related-posts":[{"id":119822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-defy-broken-economy-surging-unemployment-snapping-up-flats-at-wheelocks-monaco-project-in-kai-tak\/","url_meta":{"origin":98483,"position":0},"title":"Hong Kong homebuyers defy broken economy, surging unemployment, snapping up flats at Wheelock\u2019s Monaco project in Kai Tak","date":"January 22, 2021","format":false,"excerpt":"\r Enthusiastic homebuyers defied concerns that Hong Kong\u2019s sky-high unemployment rate and economic malaise might undermine demand by snapping up new flats offered by Wheelock Properties at its Monaco project on Thursday.The second round of sales at the development in Kai Tak saw almost all of the 133 units taken\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108904,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-set-to-unleash-817-flats-in-the-biggest-weekend-sale-since-extradition-bill-protests-rocked-hong-kong\/","url_meta":{"origin":98483,"position":1},"title":"Developers set to unleash 817 flats in the biggest weekend sale since extradition bill protests rocked Hong Kong","date":"July 12, 2019","format":false,"excerpt":"\r Property sales are back in full swing. Six developers are selling 817 units, including Hong Kong\u2019s smallest flat, in the biggest weekend sale since protests against the controversial extradition bill started in early June.Louis Chan, vice-chairman of Asia-Pacific and chief executive of residential division at Centaline Property Agency, said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-a-third-of-500-flats-offered-by-five-developers-in-citys-biggest-weekend-sale-since-september\/","url_meta":{"origin":98483,"position":2},"title":"Hong Kong homebuyers snap up a third of 500 flats offered by five developers in city\u2019s biggest weekend sale since September","date":"December 18, 2021","format":false,"excerpt":"\r Hong Kong homebuyers snapped up 145 flats of nearly 500 units offered by five major developers as of 6pm on Saturday, marking the city\u2019s biggest weekend sale since September in terms of number of flats up for grabs.Henderson Land sold out all 50 flats on offer at its Caine\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99296,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flat-sale-results-in-hong-kong-offer-proof-that-worlds-priciest-housing-market-is-cooling-off\/","url_meta":{"origin":98483,"position":3},"title":"Flat sale results in Hong Kong offer proof that world\u2019s priciest housing market is cooling off","date":"October 6, 2018","format":false,"excerpt":"\r Home buyers in Hong Kong bought just over half of the flats offered by a major Chinese developer at a new site in the city on Saturday despite incentives, in another sign the world\u2019s most expensive property market is cooling off. Sales agents described the outcome \u2013184 of 310\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97510,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-defy-thunderstorm-to-snap-up-nan-fungs-lp6-flats-in-lohas-park-lured-by-developers-discounts\/","url_meta":{"origin":98483,"position":4},"title":"Thousands defy thunderstorm to snap up Nan Fung\u2019s LP6 flats in Lohas Park, lured by developer\u2019s discounts","date":"September 8, 2018","format":false,"excerpt":"\r Thousands of Hong Kong homebuyers defied a thunderstorm to vie for apartments in the city\u2019s biggest property sale in six months, attracted by developers\u2019 discounts as they slash prices ahead of additional supplies coming on stream. Nan Fung Development sold more than 320 units of its LP6 project in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-lands-first-sale-of-year-gets-off-to-slow-start-as-hong-kong-developer-feels-backlash-after-slashing-agents-fees\/","url_meta":{"origin":98483,"position":5},"title":"Sino Land\u2019s first sale of year gets off to slow start as Hong Kong developer feels backlash after slashing agents\u2019 fees","date":"January 5, 2019","format":false,"excerpt":"\r Hong Kong developer Sino Land\u2019s first property sale of 2019 got off to a lacklustre start, after a dispute with sales agents over commission sapped their motivation amid a market downturn. The developer had sold just 39 of 118 of its Grand Central flats on offer, priced between HK$9\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\/98483"}],"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=98483"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98483\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=98483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=98483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=98483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}