{"id":87859,"date":"2018-05-12T07:30:30","date_gmt":"2018-05-12T00:30:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-speed-up-sale-of-empty-flats-as-plans-for-vacancy-tax-gathers-steam\/"},"modified":"2018-05-12T08:04:02","modified_gmt":"2018-05-12T01:04:02","slug":"hong-kong-developers-speed-up-sale-of-empty-flats-as-plans-for-vacancy-tax-gathers-steam","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-speed-up-sale-of-empty-flats-as-plans-for-vacancy-tax-gathers-steam\/","title":{"rendered":"Hong Kong developers speed up sale of empty flats as plans for vacancy tax gathers steam"},"content":{"rendered":"


\nLast week, property agent Alvin Tai brought three clients to view four units on the 85th floor of the Cullinan luxury development near Kowloon MTR station that has been left unsold by the developer Sun Hung Kai Properties for more than 10 years, in the hope of closing deals that would fetch millions of Hong Kong dollars in commissions alone.
\nMost agents like Tai, Hong Kong Property\u2019s point man for luxury homes in the Kowloon area, are excited as they could earn commissions of up to four…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developers speed up sale of empty flats as plans for vacancy tax gathers steam<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Last week, property agent Alvin Tai brought three clients to view four units on the...<\/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-87859","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-mR5","jetpack-related-posts":[{"id":87861,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-considers-a-tax-on-empty-property-how-do-other-places-deal-with-unoccupied-homes\/","url_meta":{"origin":87859,"position":0},"title":"As Hong Kong considers a tax on empty property, how do other places deal with unoccupied homes?","date":"May 12, 2018","format":false,"excerpt":"\r Hong Kong\u2019s government is debating imposing a tax on vacant properties as a way of helping ease the city\u2019s acute housing shortage. A number of locations worldwide have similar taxes. Hong Kong developers speed up sale of empty flats as plans for vacancy tax gathers steam Paris Introduced in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":87859,"position":1},"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":172264,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/7-hong-kong-developers-bid-for-waterfront-project-as-kowloon-renewal-gathers-pace\/","url_meta":{"origin":87859,"position":2},"title":"7 Hong Kong developers bid for waterfront project as Kowloon renewal gathers pace","date":"July 27, 2026","format":false,"excerpt":"\r Hong Kong\u2019s Urban Renewal Authority (URA) received seven tender submissions for a major waterfront residential redevelopment project in Hung Hom, drawing bids from some of the city\u2019s largest developers despite a subdued land market. The authority said on Monday that seven developers submitted tenders for the project before the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138719,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-price-war-hong-kong-developers-brush-aside-fears-of-a-property-crash-even-as-ck-asset-offers-new-kowloon-flats-at-15-pc-discount\/","url_meta":{"origin":87859,"position":3},"title":"\u2018No price war\u2019: Hong Kong developers brush aside fears of a property crash even as CK Asset offers new Kowloon flats at 15 pc discount","date":"August 10, 2023","format":false,"excerpt":"\r Developer dismisses claims of price war as experts say seven-year-low prices for Kowloon flats are not a dire omen for the market.\r \r Source : South China Morning Post\r Read more...\u2018No price war\u2019: Hong Kong developers brush aside fears of a property crash even as CK Asset offers new\u2026","rel":"","context":"In "Property News"","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":87859,"position":4},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-test-market-with-222-units-released-amid-interest-rate-uncertainty\/","url_meta":{"origin":87859,"position":5},"title":"Hong Kong developers test market with 222 units released amid interest rate uncertainty","date":"March 27, 2026","format":false,"excerpt":"\r Hong Kong developers on Friday released 222 new flats in Kowloon, the city\u2019s largest batch of units on a single day since buyers were warned about the uncertain direction of interest rates. K&K Property launched 122 one-bedroom units at foto+, a single residential tower in Mong Kok close to\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\/87859"}],"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=87859"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/87859\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=87859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=87859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=87859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}