{"id":109103,"date":"2019-07-17T23:00:14","date_gmt":"2019-07-17T16:00:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-of-some-of-hong-kongs-smallest-abodes-may-have-sold-at-a-loss-just-to-clear-the-flats-off-its-books-to-avoid-vacancy-tax\/"},"modified":"2019-07-17T23:03:39","modified_gmt":"2019-07-17T16:03:39","slug":"developer-of-some-of-hong-kongs-smallest-abodes-may-have-sold-at-a-loss-just-to-clear-the-flats-off-its-books-to-avoid-vacancy-tax","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-of-some-of-hong-kongs-smallest-abodes-may-have-sold-at-a-loss-just-to-clear-the-flats-off-its-books-to-avoid-vacancy-tax\/","title":{"rendered":"Developer of some of Hong Kong\u2019s smallest abodes may have sold at a loss just to clear the flats off its books to avoid vacancy tax"},"content":{"rendered":"


\nMainland property developers that arrived late to Hong Kong are discovering not everything always ends well when it comes to risk taking in the world\u2019s least affordable market for home ownership.Chinese developer Jiayuan International Group appears on track for a slim profit or even a loss in its first residential property investment in the city. The developer gave discounts of up to 37.6 per cent at T-Plus, a residential development in Tuen Mun featuring \u201cmicro homes\u201d.The new price list,\u2026
\n
\nSource : South China Morning Post
\nRead more…Developer of some of Hong Kong\u2019s smallest abodes may have sold at a loss just to clear the flats off its books to avoid vacancy tax<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mainland property developers that arrived late to Hong Kong are discovering not everything always ends...<\/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-109103","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-snJ","jetpack-related-posts":[{"id":112000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/billionaire-cecil-chao-experiments-with-co-living-to-avoid-hong-kongs-looming-vacancy-tax\/","url_meta":{"origin":109103,"position":0},"title":"Billionaire Cecil Chao experiments with co-living to avoid Hong Kong\u2019s looming vacancy tax","date":"October 30, 2019","format":false,"excerpt":"\r Billionaire Cecil Chao Sze-tsung\u2019s Cheuk Nang (Holdings) is offering seven flats at its One Kowloon Peak luxury residential project as co-living units in a bid to avoid vacancy tax amid downbeat sentiment.\u201cThe penalty is quite high if you do not lease them. If it [vacancy tax] is really implemented,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127673,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-nano-flats-does-falling-demand-point-to-the-end-of-container-size-abodes\/","url_meta":{"origin":109103,"position":1},"title":"Hong Kong\u2019s nano flats: does falling demand point to the end of container-size abodes?","date":"July 12, 2022","format":false,"excerpt":"\r Divergent responses to recent property launches suggest buyers in Hong Kong have started preferring larger flats, following a relaxation of mortgage rules and as the market remains soft.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s nano flats: does falling demand point to the end of container-size\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122066,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-defy-banks-jitters-in-snapping-up-flats-built-by-little-known-developer-in-fourth-straight-sell-out-weekend\/","url_meta":{"origin":109103,"position":2},"title":"Hong Kong\u2019s homebuyers defy banks\u2019 jitters in snapping up flats built by little-known developer in fourth straight sell-out weekend","date":"September 18, 2021","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers continued to pile into the residential property market, snapping up three of four flats on offer in two districts across the city, encouraged by an improving local economy and prospects of easy financing.Up to 197 of 265 apartments, or 74 per cent, of available new flats\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93665,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builders-raise-prices-confident-that-buyers-will-snap-up-flats-unlocked-by-vacancy-tax\/","url_meta":{"origin":109103,"position":3},"title":"Hong Kong builders raise prices, confident that buyers will snap up flats unlocked by vacancy tax","date":"July 12, 2018","format":false,"excerpt":"\r Hong Kong\u2019s home prices are showing no signs of letting up, as developers continue to raise their offer price with each successive sales launch, confident that there are enough eager property buyers to snap up any additional supply that goes on the market. For proof, look no further than\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102902,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-first-new-residential-property-launch-gets-off-to-a-good-start-after-developer-slashed-prices-by-up-to-a-third\/","url_meta":{"origin":109103,"position":4},"title":"Hong Kong\u2019s first new residential property launch gets off to a good start after developer slashed prices by up to a third","date":"January 12, 2019","format":false,"excerpt":"\r Hong Kong\u2019s first sale by a new residential property project in 2019 got off to a good start, as China Overseas Land and Investment sold most its latest apartment complex in Tai Po with steep discounts. The Regent, a project featuring 1,620 flats ranging from 377 square feet to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112894,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-offers-421-flats-in-kennedy-town-and-central-for-rent-offering-help-to-ease-housing-shortage-as-vacancy-tax-kicks-in\/","url_meta":{"origin":109103,"position":5},"title":"Sun Hung Kai offers 421 flats in Kennedy Town and Central for rent, offering help to ease housing shortage as vacancy tax kicks in","date":"December 5, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s 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\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\/109103"}],"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=109103"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109103\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}