{"id":99888,"date":"2018-10-16T07:02:28","date_gmt":"2018-10-16T00:02:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-owners-and-developers-rush-to-cash-in-before-further-price-falls\/"},"modified":"2018-10-16T08:03:02","modified_gmt":"2018-10-16T01:03:02","slug":"home-owners-and-developers-rush-to-cash-in-before-further-price-falls","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-owners-and-developers-rush-to-cash-in-before-further-price-falls\/","title":{"rendered":"Home owners and developers rush to cash in before further price falls"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong Chief Executive Carrie Lam Cheng yuet-ngor\u2019s policy speech on housing on October 10, has bruised sentiment in the sector, with some owners now being reported to have shaved a whopping 30 per cent off their asking prices as a result.<br \/>\nCommentators say the free fall in stock markets, rising borrowing costs and the worsening US-China trade war has also spooked home buyers away from what remains the world\u2019s most expensive property market.<br \/>\nAnd there was a markedly tepid response&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2168664\/home-owners-and-developers-rush-cash-further-price-falls\" target=\"_blank\">Home owners and developers rush to cash in before further price falls<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong Chief Executive Carrie Lam Cheng yuet-ngor\u2019s policy speech on housing on October 10,&#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-99888","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-pZ6","jetpack-related-posts":[{"id":99324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-few-takers-on-the-property-market-jittery-individual-owners-cut-prices-by-up-to-hk800000\/","url_meta":{"origin":99888,"position":0},"title":"With few takers on the property market, jittery individual owners cut prices by up to HK$800,000","date":"October 7, 2018","format":false,"excerpt":"\r Hong Kong\u2019s property market is coming under stress. Jittery individual owners, aware of the risks from rising mortgage rates, turbulent stock market and weakening economic outlook, are offering massive price cuts as they expect sentiment to sour further. Even developers, after cutting prices of brand new flats, have seen\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149782,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-push-for-higher-home-quality-risks-further-stressing-developers-analysts-say\/","url_meta":{"origin":99888,"position":1},"title":"China\u2019s push for higher home quality risks further stressing developers, analysts say","date":"March 12, 2025","format":false,"excerpt":"\r Beijing\u2019s directives make sense as a greater portion of future housing demand will come from owners looking to upgrade, Fitch Ratings says.\r \r Source : South China Morning Post\r Read more...China\u2019s push for higher home quality risks further stressing developers, analysts say","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110076,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sellers-of-singapores-largest-residential-site-above-a-lush-park-are-wooing-mainland-china-hong-kong-developers\/","url_meta":{"origin":99888,"position":2},"title":"Sellers of Singapore\u2019s largest residential site above a lush park are wooing mainland China, Hong Kong developers","date":"August 21, 2019","format":false,"excerpt":"\r A choice piece of property in Singapore \u2013 the city-state\u2019s largest residential site on a hilltop overlooking a lush park \u2013 is back on the market. Hong Kong or mainland developers could be its next owners, analysts say.The spot is called Braddell View, and it sits on 1.14 million\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97280,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-to-hold-biggest-weekend-property-sale-in-six-months-in-rush-to-beat-rate-rise\/","url_meta":{"origin":99888,"position":3},"title":"Hong Kong developers to hold biggest weekend property sale in six months in rush to beat rate rise","date":"September 5, 2018","format":false,"excerpt":"\r Hong Kong property developers will put 597 new flats on the market between Friday and Sunday, the biggest weekend sale in six months, as competition to lock in buyers heats up before the era of cheap mortgages comes to an end. The sale comes as brokerage Nomura became the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95063,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-of-luxury-homes-in-new-territories-expected-to-dip-as-developers-rush-to-offload-stock\/","url_meta":{"origin":99888,"position":4},"title":"Prices of luxury homes in New Territories expected to dip as developers rush to offload stock","date":"July 31, 2018","format":false,"excerpt":"\r About 1,500 luxury homes will come onto the Hong Kong market in the next couple of years as developers race to avoid a new tax on empty properties, JLL estimates. Analysts are expecting the price of top-end units, particularly those in the city\u2019s New Territories, to go down as\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-rush-sales-as-buying-momentum-builds-while-city-enjoys-lull-before-security-law-storm\/","url_meta":{"origin":99888,"position":5},"title":"Hong Kong developers rush sales as buying momentum builds, while city enjoys lull before security law storm","date":"June 10, 2020","format":false,"excerpt":"\r Hong Kong developers are expected to price their new projects at lower levels as they rush to capture a revival in buying interest as the government eases measures to control the coronavirus pandemic, according to analysts.New home sales surged in May to 2,085 new units worth HK$22.1 billion (US$2.85\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\/99888"}],"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=99888"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99888\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=99888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=99888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=99888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}