{"id":110653,"date":"2019-09-11T08:30:11","date_gmt":"2019-09-11T01:30:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-bows-to-slumping-market-pricing-flats-near-protest-hit-sham-shui-po-at-2017-rates\/"},"modified":"2019-09-11T10:07:02","modified_gmt":"2019-09-11T03:07:02","slug":"sun-hung-kai-properties-bows-to-slumping-market-pricing-flats-near-protest-hit-sham-shui-po-at-2017-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-bows-to-slumping-market-pricing-flats-near-protest-hit-sham-shui-po-at-2017-rates\/","title":{"rendered":"Sun Hung Kai Properties bows to slumping market, pricing flats near protest-hit Sham Shui Po at 2017 rates"},"content":{"rendered":"


\nHong Kong\u2019s biggest developer, Sun Hung Kai Properties, has bowed to the pressure of a slumping housing market, pricing a batch of flats near protest-hit Sham Shui Po about 25 per cent below the prevailing market rate.The builder priced the first 235 flats at its Cullinan West III project in Nam Cheong at an average of HK$21,722 (US$2,770) per square foot after discounts \u2013 a quarter less than units sold recently in nearby estates. The price is about the same as it was two years ago for units in\u2026
\n
\nSource : South China Morning Post
\nRead more…Sun Hung Kai Properties bows to slumping market, pricing flats near protest-hit Sham Shui Po at 2017 rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s biggest developer, Sun Hung Kai Properties, has bowed to the pressure of a...<\/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-110653","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-sMJ","jetpack-related-posts":[{"id":109512,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-sun-hung-kai-compete-for-buyers-in-sham-shui-po-in-a-battle-that-could-set-the-course-for-hong-kongs-property-market\/","url_meta":{"origin":110653,"position":0},"title":"CK Asset, Sun Hung Kai compete for buyers in Sham Shui Po, in a battle that could set the course for Hong Kong\u2019s property market","date":"July 31, 2019","format":false,"excerpt":"\r Two of Hong Kong\u2019s largest property developers will compete head to head next month for buyers, in what will be an important test of the health of the world\u2019s most expensive real estate market.CK Asset Holdings, founded by the city\u2019s wealthiest man Li Ka-shing, will start selling the 876-unit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98032,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soggy-but-not-discouraged-hong-kong-homebuyers-overcome-typhoon-aftermath-to-snap-up-flats-on-monday\/","url_meta":{"origin":110653,"position":1},"title":"Soggy, but not discouraged, Hong Kong homebuyers overcome typhoon aftermath to snap up flats on Monday","date":"September 18, 2018","format":false,"excerpt":"\r Property sales postponed until Monday as a result of the disruption caused by Typhoon Mangkhut over the weekend received a mostly positive response, even as homebuyers struggled to cope with storm damage and transport bottlenecks. Sun Hung Kai Properties on Monday released 33 units of its Cullinan West II\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97528,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-snap-up-flats-at-shkps-cullinan-west-ii-in-hong-kongs-biggest-weekend-property-sale-in-six-months\/","url_meta":{"origin":110653,"position":2},"title":"Buyers snap up flats at SHKP\u2019s Cullinan West II in Hong Kong\u2019s biggest weekend property sale in six months","date":"September 9, 2018","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP) sold all 72 units in a third round of sales at its Cullinan West II development near Sham Shui Po on Sunday as buyers took advantage of lower prices and mortgage incentives in the city\u2019s biggest weekend property sale in six months. On Saturday,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116623,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-enter-the-market-as-developers-dangle-discounts-to-end-nine-weeks-of-slumping-property-sales\/","url_meta":{"origin":110653,"position":3},"title":"Hong Kong homebuyers enter the market, as developers dangle discounts to end nine weeks of slumping property sales","date":"May 23, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers came off the sidelines to nibble at more than 200 flats offered at two projects, as developers slashed prices to end nine consecutive weeks of sales flops.Sun Hung Kai Properties (SHKP), the city\u2019s most valuable developer, managed to sell 162 of 200 flats, or 80 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118683,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-return-in-droves-for-a-sell-out-weekend-of-flats-offered-by-sun-hung-kai-and-henderson-land\/","url_meta":{"origin":110653,"position":4},"title":"Hong Kong homebuyers return in droves for a sell-out weekend of flats offered by Sun Hung Kai and Henderson Land","date":"September 19, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers turned up in droves to snap up new flats at two projects on Saturday, shrugging aside concerns about the city\u2019s unemployment and the worst economic recession in decades, as social-distancing regulations eased.Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by value, sold 127 of 133\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/micro-sized-housing-project-in-sham-shui-po-offers-discounts-and-cheapest-new-hong-kong-homes-since-2016\/","url_meta":{"origin":110653,"position":5},"title":"Micro-sized housing project in Sham Shui Po offers discounts … and cheapest new Hong Kong homes since 2016","date":"February 15, 2019","format":false,"excerpt":"\r Hong Kong\u2019s newest micro-sized housing project has been priced at levels that represent a double-digit percentage discount to similar offerings released only a few months earlier. The offer of cut-price micro flats reflect the eagerness of the developer to adopt an aggressive pricing \u00adstrategy as the residential market continues\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\/110653"}],"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=110653"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110653\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}