{"id":124076,"date":"2022-01-04T07:30:14","date_gmt":"2022-01-04T00:30:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-replaces-new-world-development-as-hong-kongs-biggest-developer-by-sales\/"},"modified":"2022-01-04T08:09:49","modified_gmt":"2022-01-04T01:09:49","slug":"sun-hung-kai-properties-replaces-new-world-development-as-hong-kongs-biggest-developer-by-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-replaces-new-world-development-as-hong-kongs-biggest-developer-by-sales\/","title":{"rendered":"Sun Hung Kai Properties replaces New World Development as Hong Kong\u2019s biggest developer by sales"},"content":{"rendered":"


\nSun Hung Kai Properties (SHKP) has replaced New World Development as the biggest seller of new homes in Hong Kong after the latter had to tear down and rebuild hundreds of flats under construction in Tai Wai.Chaired by Raymond Kwok Ping-luen, SHKP recorded sales of HK$29.65 billion (US$3.8 billion) in 2021, 15 per cent higher than the previous year, according to Dataelements, which tracks new residential property in Hong Kong.New World Development dropped to No. 4 as its sales plunged 45 per\u2026
\n
\nSource : South China Morning Post
\nRead more…Sun Hung Kai Properties replaces New World Development as Hong Kong\u2019s biggest developer by sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sun Hung Kai Properties (SHKP) has replaced New World Development as the biggest seller of...<\/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-124076","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-whe","jetpack-related-posts":[{"id":112674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-a-record-hk42-2-billion-for-austin-road-commercial-plot-in-hong-kongs-costliest-land-tender\/","url_meta":{"origin":124076,"position":0},"title":"Sun Hung Kai pays a record HK$42.2 billion for Austin Road commercial plot in Hong Kong\u2019s costliest land tender","date":"November 27, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by value, has won the biggest commercial parcel ever sold in the city for a record HK$42.2 billion (US$5.4 billion).The winner beat CK Asset Holdings, a consortium comprising Wharf Holdings, Sino Land, Henderson Land Development, Chinese Estate Holdings and Lifestyle\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95147,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-prepares-for-its-biggest-weekend-sales-with-328-yuen-long-apartments-on-offer\/","url_meta":{"origin":124076,"position":1},"title":"Sun Hung Kai prepares for its biggest weekend sales with 328 Yuen Long apartments on offer","date":"August 1, 2018","format":false,"excerpt":"\r Hong Kong\u2019s largest developer of residential property is poised for its busiest launch when it offers 328 apartment units for sale this weekend, responding to a vacancy tax aimed at stimulating supply to ease the city\u2019s overwhelming need for housing. Sun Hung Kai Properties (SHKP) said it would start\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115953,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-kwok-family-sell-30-per-cent-stake-in-office-space-at-hong-kongs-most-expensive-commercial-site-to-ping-an-life-for-us1-45-billion\/","url_meta":{"origin":124076,"position":2},"title":"Sun Hung Kai, Kwok family sell 30 per cent stake in office space at Hong Kong\u2019s most expensive commercial site to Ping An Life for US$1.45 billion","date":"April 29, 2020","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP) and its controlling shareholder, the Kwok family, are to sell 30 per cent of the office portion of Hong Kong\u2019s most expensive commercial project.\r\rPing An Life Insurance will buy the space on top of the West Kowloon high-speed rail station for HK$11.27 billion (US$1.45\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":168525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-shkp-nudges-up-prices-on-latest-sierra-sea-flats-on-offer\/","url_meta":{"origin":124076,"position":3},"title":"Hong Kong developer SHKP nudges up prices on latest Sierra Sea flats on offer","date":"December 30, 2025","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer, has priced the next batch of units on offer at its massive Sierra Sea residential project about 5 per cent higher than previous phases, signalling a welcome improvement in the city\u2019s housing market. The 148 units in Phase 2A of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172536,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-posts-4-6-profit-rise-amid-hong-kongs-property-recovery\/","url_meta":{"origin":124076,"position":4},"title":"SHKP posts 4.6% profit rise amid Hong Kong\u2019s property recovery","date":"September 10, 2026","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s biggest developer by market capitalisation, reported its underlying profit for the year ending June rose 4.6 per cent to HK$22.85 billion (US$2.91 billion), excluding investment property revaluations. Meanwhile, its reported profit increased to HK$21.43 billion, backed by a HK$1.38 billion net revaluation\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-hong-kongs-bellwether-developer-posts-36-jump-in-first-half-net-profit\/","url_meta":{"origin":124076,"position":5},"title":"SHKP, Hong Kong\u2019s bellwether developer, posts 36% jump in first-half net profit","date":"February 26, 2026","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by market capitalisation, reported a 36.2 per cent year-on-year jump in first-half net profit to HK$10.25 billion (US$1.3 billion). Revenue rose 32 per cent to HK$52.7 billion for the six months ended December from a year earlier, while operating income\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\/124076"}],"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=124076"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124076\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}