{"id":122169,"date":"2021-09-23T08:30:17","date_gmt":"2021-09-23T01:30:17","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-wheelock-among-developers-rushing-to-build-small-flats-as-hong-kong-home-prices-approach-all-time-high\/"},"modified":"2021-09-23T09:25:52","modified_gmt":"2021-09-23T02:25:52","slug":"sun-hung-kai-properties-wheelock-among-developers-rushing-to-build-small-flats-as-hong-kong-home-prices-approach-all-time-high","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-wheelock-among-developers-rushing-to-build-small-flats-as-hong-kong-home-prices-approach-all-time-high\/","title":{"rendered":"Sun Hung Kai Properties, Wheelock among developers rushing to build small flats as Hong Kong home prices approach all-time high"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s biggest developers are joining the rush to build small flats to woo young buyers as prices in the world\u2019s most expensive housing market approach an all-time high. The move is being criticised by a senior adviser to Beijing for its profit motive.Sun Hung Kai Properties (SHKP) plans to build 5,400 units in Sai Kung, with the smallest measuring 8.2 square metres (about 88 sq ft), according to a filing with the Buildings Department.In Kowloon, a consortium of Wheelock Properties,\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3149652\/sun-hung-kai-properties-wheelock-among-developers-rushing-build-small?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Sun Hung Kai Properties, Wheelock among developers rushing to build small flats as Hong Kong home prices approach all-time high<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s biggest developers are joining the rush to build small flats to woo young&#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-122169","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-vMt","jetpack-related-posts":[{"id":125817,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-prices-flats-in-kai-tak-12-per-cent-cheaper-as-hong-kongs-developers-get-ready-to-test-demand-in-economy-ravaged-by-covid-19\/","url_meta":{"origin":122169,"position":0},"title":"Wheelock prices flats in Kai Tak 12 per cent cheaper as Hong Kong\u2019s developers get ready to test demand in economy ravaged by Covid-19","date":"April 14, 2022","format":false,"excerpt":"\r Wheelock Properties priced the first 112 units at Monaco Marine in Kai Tak at an average HK$24,833 (US$3,167) per sq ft, 12 per cent below a development sold in the same area last summer.\r \r Source : South China Morning Post\r Read more...Wheelock prices flats in Kai Tak 12\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172184,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-ready-new-home-launches-amid-forecasts-of-muted-price-increases\/","url_meta":{"origin":122169,"position":1},"title":"Hong Kong developers ready new home launches amid forecasts of muted price increases","date":"July 13, 2026","format":false,"excerpt":"\r Some of Hong Kong\u2019s largest developers, including Sun Hung Kai Properties (SHKP) and Wheelock Properties, are set to release new units in residential projects this month amid an expected cooling of price increases. SHKP, the city\u2019s largest developer in terms of market capitalisation, released the price list for 120\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-big-hong-kong-developers-release-prices-on-new-projects-to-capitalise-on-positive-sentiment\/","url_meta":{"origin":122169,"position":2},"title":"Three big Hong Kong developers release prices on new projects to capitalise on positive sentiment","date":"March 9, 2017","format":false,"excerpt":"\r Hong Kong\u2019s housing market appears to be heating up even faster despite the government\u2019s cooling measures, with a 270 square foot flat above Nam Cheong Station \u2013 the tiniest apartment available along the city\u2019s railway network \u2013 going for nearly HK$5 million. This trend is clearly seen in the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-rush-to-sell-empty-flats-ahead-of-new-vacancy-tax\/","url_meta":{"origin":122169,"position":3},"title":"Hong Kong developers rush to sell empty flats ahead of new vacancy tax","date":"June 20, 2018","format":false,"excerpt":"\r Property developers are rushing to offload vacant flats before the government unveils details of a new tax on empty units this month. Having stood unoccupied for the last five years, New World Development said it will release the last 38 homes in phase one of its Park Villa project\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-defy-broken-economy-surging-unemployment-snapping-up-flats-at-wheelocks-monaco-project-in-kai-tak\/","url_meta":{"origin":122169,"position":4},"title":"Hong Kong homebuyers defy broken economy, surging unemployment, snapping up flats at Wheelock\u2019s Monaco project in Kai Tak","date":"January 22, 2021","format":false,"excerpt":"\r Enthusiastic homebuyers defied concerns that Hong Kong\u2019s sky-high unemployment rate and economic malaise might undermine demand by snapping up new flats offered by Wheelock Properties at its Monaco project on Thursday.The second round of sales at the development in Kai Tak saw almost all of the 133 units taken\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-sets-the-highest-new-flat-prices-for-kai-tak-area\/","url_meta":{"origin":122169,"position":5},"title":"Wheelock sets the highest new flat prices for Kai Tak area","date":"September 7, 2017","format":false,"excerpt":"\r Wheelock Properties has launched its new project, with flats as tiny as 275 square feet at the highest price ever for Kai Tak, the former site of the Hong Kong airport. The launch comes as Hong Kong home prices rose for 16 straight months in July and calls on\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\/122169"}],"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=122169"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122169\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}