{"id":94207,"date":"2018-07-19T06:02:31","date_gmt":"2018-07-18T23:02:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/yuen-long-villas-cut-prices-by-25-per-cent-becoming-the-first-casualties-of-hong-kongs-vacancy-tax\/"},"modified":"2018-07-19T07:03:09","modified_gmt":"2018-07-19T00:03:09","slug":"yuen-long-villas-cut-prices-by-25-per-cent-becoming-the-first-casualties-of-hong-kongs-vacancy-tax","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yuen-long-villas-cut-prices-by-25-per-cent-becoming-the-first-casualties-of-hong-kongs-vacancy-tax\/","title":{"rendered":"Yuen Long villas cut prices by 25 per cent, becoming the first casualties of Hong Kong\u2019s vacancy tax"},"content":{"rendered":"


\nSeveral Hong Kong developers are cutting prices for the first time in three years, slashing as much as 25 per cent off their quotations, becoming the first casualties of the city government\u2019s vacancy tax that was imposed to deter hoarding and boost supply.
\nPaliburg Holdings and Regal International, two builders behind the Casa Regalia project, have knocked HK$10 million off the price tag of one of their 12 unsold villas in Yuen Long to HK$29.4 million (US$3.74 million). The villas, each…
\n
\nSource : South China Morning Post
\nRead more…Yuen Long villas cut prices by 25 per cent, becoming the first casualties of Hong Kong\u2019s vacancy tax<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Several Hong Kong developers are cutting prices for the first time in three years, slashing...<\/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-94207","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-ovt","jetpack-related-posts":[{"id":92168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-demand-helps-developers-clear-housing-stock-before-hong-kong-slaps-vacancy-tax-on-hoarders\/","url_meta":{"origin":94207,"position":0},"title":"Home demand helps developers clear housing stock before Hong Kong slaps vacancy tax on hoarders","date":"June 23, 2018","format":false,"excerpt":"\r Hong Kong\u2019s property buyers braved a downpour to snap up more than a hundred unoccupied apartment units, helping developers clear the unsold stock ahead of a government plan to impose a so-called vacancy tax to deter hoarding. As many as 111 units, or 63 per cent of the 176\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95413,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-wraps-up-biggest-weekend-launch-with-a-sell-out-in-yuen-long-as-vacancy-tax-bites\/","url_meta":{"origin":94207,"position":1},"title":"Sun Hung Kai wraps up biggest weekend launch with a sell-out in Yuen Long as vacancy tax bites","date":"August 4, 2018","format":false,"excerpt":"\r Hong Kong\u2019s biggest sale of residential real estate after housing policies were unveiled on June 29 got off to a good start this weekend in Yuen Long, as a vacancy tax pried loose a trove of apartment units to ease the city\u2019s pent-up demand for homes. More than 7,300\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43377,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-property-first-to-offer-100pc-stamp-duty-subsidy-in-bid-to-sell-luxury-villas-in-yuen-long\/","url_meta":{"origin":94207,"position":2},"title":"CK Property first to offer 100pc stamp duty subsidy in bid to sell luxury villas in Yuen Long","date":"February 8, 2017","format":false,"excerpt":"\r Cheung Kong Property Holding has become the first Hong Kong developer to offer a 100 per cent stamp duty subsidy for homebuyers, underscoring its eagerness to generate sales of a new luxury project amid the government\u2019s moves to curb property investment demand. CK Property, the city\u2019s second largest developer\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":94207,"position":3},"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":101488,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-cheapest-apartments-since-2014-to-go-on-sale-in-yuen-long-amid-falling-prices\/","url_meta":{"origin":94207,"position":4},"title":"Hong Kong\u2019s cheapest apartments since 2014 to go on sale in Yuen Long amid falling prices","date":"November 21, 2018","format":false,"excerpt":"\r Hong Kong\u2019s cheapest homes since 2014 have gone on sale \u2013 with one apartment on offer for HK$958,000 (US$122,322) \u2013 in Yuen Long in the city\u2019s New Territories. Man Wai-hong, a member of one of the four clans in the area, will on Thursday put three apartments up for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39499,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-prices-yuen-long-flats-at-a-record-high\/","url_meta":{"origin":94207,"position":5},"title":"Sun Hung Kai Properties prices Yuen Long flats at a record high","date":"January 3, 2017","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s biggest developer, has shrugged off the government\u2019s market-cooling measures launching its latest project in Yuen Long at a record price in the northwestern New Territories, even after rebates are factored in. Grand Yoho phase two in Yuen Long will be offered at\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\/94207"}],"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=94207"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94207\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}