{"id":99112,"date":"2018-10-04T07:01:23","date_gmt":"2018-10-04T00:01:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-homebuyers-wait-on-the-sidelines-builders-tempt-them-with-special-mortgage-rates-cash-discounts\/"},"modified":"2018-10-04T08:03:39","modified_gmt":"2018-10-04T01:03:39","slug":"as-homebuyers-wait-on-the-sidelines-builders-tempt-them-with-special-mortgage-rates-cash-discounts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-homebuyers-wait-on-the-sidelines-builders-tempt-them-with-special-mortgage-rates-cash-discounts\/","title":{"rendered":"As homebuyers wait on the sidelines, builders tempt them with special mortgage rates, cash discounts"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong developers are offering cash rebates and lower mortgage rates to drum up sales after residential transactions hit a 20-month low, as rising interest rates, volatile stock market and worsening US-China trade war keep buyers on the sidelines.<br \/>\nVanke Property (Hong Kong), a wholly owned unit of China Vanke, on Wednesday started offering buyers of its LePont project in Tuen Mun a lower mortgage rate, just a week after banks raised lending costs for the first time in 12 years.<br \/>\nHong Kong&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2166856\/homebuyers-wait-sidelines-builders-tempt-them-special\" target=\"_blank\">As homebuyers wait on the sidelines, builders tempt them with special mortgage rates, cash discounts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong developers are offering cash rebates and lower mortgage rates to drum up sales&#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-99112","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-pMA","jetpack-related-posts":[{"id":99170,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hard-to-find-flats-priced-under-hk4m-back-on-the-market-as-developers-court-young-buyers\/","url_meta":{"origin":99112,"position":0},"title":"Hard to find flats priced under HK$4m back on the market as developers court young buyers","date":"October 5, 2018","format":false,"excerpt":"\r Young buyers eager to get on the property ladder can heave a sigh of relief as more flats priced under HK$4 million (US$510,341) are coming on the market. Kowloon Development on Thursday released the price list for 130 of its 646-unit One East Coast residential project in Yau Tong,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-zhenro-and-china-overseas-post-falling-profits-as-clampdown-adds-to-dimming-economic-prospects-in-driving-homebuyers-to-the-sidelines\/","url_meta":{"origin":99112,"position":1},"title":"Vanke, Zhenro and China Overseas post falling profits as clampdown adds to dimming economic prospects in driving homebuyers to the sidelines","date":"April 1, 2022","format":false,"excerpt":"\r Several Chinese property developers have reported plunging 2021 profits, as a clampdown on home prices combined with dimming economic prospects to deter buyers from committing to big-ticket purchases during the Covid-19 pandemic. China Vanke, the country\u2019s third-largest real estate company by sales, said its core net profit halved to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170608,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-face-dwindling-discounts-as-property-market-stabilises\/","url_meta":{"origin":99112,"position":2},"title":"Hong Kong homebuyers face dwindling discounts as property market stabilises","date":"February 23, 2026","format":false,"excerpt":"\r May Chan is looking for a home that she can call her own. The freelancer wants to buy a flat, but high mortgage rates as well as uncertainty in the property market kept her from taking the plunge. \u201cI would like to buy a flat, if I can afford\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97360,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-big-mortgages-offered-by-hong-kong-developers-to-speed-up-sales-raises-default-fears\/","url_meta":{"origin":99112,"position":3},"title":"Rise in big mortgages offered by Hong Kong developers to speed up sales raises default fears","date":"September 6, 2018","format":false,"excerpt":"\r The number of Hong Kong developers providing mortgages for homebuyers hit a record in the second quarter of this year, raising concerns over a possible rise in defaults should an increase in interest rates and falling prices hurt sentiment in the world\u2019s most expensive property market. Builders offering financing\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-flock-to-latest-sierra-sea-units-as-mortgage-rates-ease\/","url_meta":{"origin":99112,"position":4},"title":"Hong Kong homebuyers flock to latest Sierra Sea units as mortgage rates ease","date":"May 24, 2025","format":false,"excerpt":"\r The temporary truce in the tariff wars between the US and China also helped improve sentiment in the property market, according to agents.\r \r Source : South China Morning Post\r Read more...Hong Kong homebuyers flock to latest Sierra Sea units as mortgage rates ease","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114910,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-first-new-property-project-in-two-months-lured-by-discounts-and-falling-interest-rates\/","url_meta":{"origin":99112,"position":5},"title":"Hong Kong homebuyers snap up first new property project in two months, lured by discounts and falling interest rates","date":"March 14, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers snapped up the city\u2019s first fresh property launch in two months, attracted by discounts and expectations of lower interest rates, even as the ongoing coronavirus outbreak continued to weigh on business and retail sentiments.Wheelock Properties sold over 100 of the 208 flats on offer at 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\/99112"}],"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=99112"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99112\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=99112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=99112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=99112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}