{"id":101440,"date":"2018-11-19T15:45:16","date_gmt":"2018-11-19T08:45:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/filipino-tycoon-lucio-tans-hong-kong-leasing-business-of-500-subdivided-flats-halts-after-breaching-land-lease-rules\/"},"modified":"2018-11-19T16:03:08","modified_gmt":"2018-11-19T09:03:08","slug":"filipino-tycoon-lucio-tans-hong-kong-leasing-business-of-500-subdivided-flats-halts-after-breaching-land-lease-rules","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/filipino-tycoon-lucio-tans-hong-kong-leasing-business-of-500-subdivided-flats-halts-after-breaching-land-lease-rules\/","title":{"rendered":"Filipino tycoon Lucio Tan\u2019s Hong Kong leasing business of 500 subdivided flats halts after breaching land lease rules"},"content":{"rendered":"


\nEton Properties, owned by the family of Filipino magnate Lucio Tan, has been forced to put a hard stop to its leasing business of more than 500 subdivided flats in Hong Kong after breaching land lease rules.
\nThe Lands Department also ordered the developer to return the properties to their original design or risk confiscation.
\nEton\u2019s marketing manager Cynthia Cheung said the company would change the use of the affected properties but did not provide details.
\nSince August last year, the…
\n
\nSource : South China Morning Post
\nRead more…Filipino tycoon Lucio Tan\u2019s Hong Kong leasing business of 500 subdivided flats halts after breaching land lease rules<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Eton Properties, owned by the family of Filipino magnate Lucio Tan, has been forced to...<\/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-101440","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-qo8","jetpack-related-posts":[{"id":63352,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lucio-tan-converts-exclusive-shouson-hill-units-into-co-living-flats-to-rent-to-young-graduates\/","url_meta":{"origin":101440,"position":0},"title":"Lucio Tan converts exclusive Shouson Hill units into co-living flats to rent to young graduates","date":"August 10, 2017","format":false,"excerpt":"\r Eton Properties has a unique solution for Hong Kong\u2019s housing problem. The developer, owned by the family of Filipino magnate Lucio Tan, is converting an upscale apartment complex in one of Hong Kong\u2019s most prestigious neighbourhoods into a co-living space to rent out to young graduates and job seekers.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121625,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenancy-control-on-subdivided-flats-a-step-forward-not-long-term-solution-to-hong-kongs-housing-crisis\/","url_meta":{"origin":101440,"position":1},"title":"Tenancy control on subdivided flats: a step forward, not long-term solution to Hong Kong\u2019s housing crisis","date":"August 24, 2021","format":false,"excerpt":"\r Housing crisis has long been a pressing issue for Hong Kong, one of the most expensive property markets in the world.Amid a lack of affordable housing, the waiting time for public rental housing is 5.8 years on average. Many low-income households therefore have no choice but to live in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121218,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/subdivided-penthouses-at-new-ritz-carlton-hotel-in-new-york-expected-to-attract-buyers-from-hong-kong-india\/","url_meta":{"origin":101440,"position":2},"title":"Subdivided penthouses at new Ritz-Carlton hotel in New York expected to attract buyers from Hong Kong, India","date":"August 3, 2021","format":false,"excerpt":"\r These subdivided flats are unlike any Hongkongers have come across before. They come furnished with custom-designed fit outs, a suite of Miele appliances, and a luxurious bathroom, among other amenities. And they are serviced by The Ritz Carlton.In a move that will appeal to overseas investors looking to invest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/late-casino-tycoon-fu-tak-iams-family-buys-hong-kong-serviced-flats-for-us71-million\/","url_meta":{"origin":101440,"position":3},"title":"Late casino tycoon Fu Tak-iam\u2019s family buys Hong Kong serviced flats for US$71 million","date":"December 11, 2025","format":false,"excerpt":"\r A company linked to the family of late Macau casino pioneer Fu Tak-iam bought a serviced-apartment property in Hong Kong\u2019s Wan Chai district for about HK$550 million (US$71 million) amid renewed investor appetite for rental assets in the city. Pleasure Properties was identified as the buyer of CHI 138,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hoteliers-issue-sos-as-plunging-rates-touch-us9-a-night-and-occupancy-hits-20-per-cent-amid-protests\/","url_meta":{"origin":101440,"position":4},"title":"Hong Kong hoteliers issue SOS as plunging rates touch US$9 a night and occupancy hits 20 per cent amid protests","date":"September 25, 2019","format":false,"excerpt":"\r Hong Kong hotel operators have called on the government to waive rents and even allow properties to offer empty rooms on long-term leases, or for sale, as a way of survival amid a steep decline in occupancy and rates brought on by 16 weeks of protests in the city.At\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/looking-for-a-flat-for-under-hk10000m-on-hong-kong-island-or-kowloon-no-chance-says-leading-agency\/","url_meta":{"origin":101440,"position":5},"title":"Looking for a flat for under HK$10,000\/m on Hong Kong Island or Kowloon? \u2018No chance,\u2019 says leading agency","date":"October 10, 2017","format":false,"excerpt":"\r Flats to rent under HK$10,000 (US$1,281) per month have almost vanished from the urban area of Hong Kong \u2013 the most expensive housing market in the world, according to latest research by Centaline Property Agency. Urban areas refer to Hong Kong Island and Kowloon, however subdivided flats are not\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\/101440"}],"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=101440"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101440\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}