Property News · December 5, 2019

Sun Hung Kai offers 421 flats in Kennedy Town and Central for rent, offering help to ease housing shortage as vacancy tax kicks in


Sun Hung Kai Properties, Hong Kong’s largest developer, is offering 421 flats for lease with terms as short as one month to cater for the younger population ahead of the impending vacancy tax to stop developers hoarding empty units.The apartments are located in Kennedy Town in the western district of Hong Kong Island and near Central, and are aimed at younger professionals and expatriates on short-term stays in the city. Townplace Kennedy Town, formerly known as The Kennedy on Belcher’s, was…

Source : South China Morning Post
Read more…Sun Hung Kai offers 421 flats in Kennedy Town and Central for rent, offering help to ease housing shortage as vacancy tax kicks in