{"id":95413,"date":"2018-08-04T19:15:00","date_gmt":"2018-08-04T12:15:00","guid":{"rendered":"http:\/\/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\/"},"modified":"2018-08-04T20:03:47","modified_gmt":"2018-08-04T13:03:47","slug":"sun-hung-kai-wraps-up-biggest-weekend-launch-with-a-sell-out-in-yuen-long-as-vacancy-tax-bites","status":"publish","type":"post","link":"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\/","title":{"rendered":"Sun Hung Kai wraps up biggest weekend launch with a sell-out in Yuen Long as vacancy tax bites"},"content":{"rendered":"<p>&#013;<br \/>\nHong 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.<br \/>\nMore than 7,300 buyers submitted bids for 328 units of Sun Hung Kai Properties\u2019 Park Yoho Milano project, or an average of 21 bids for every available unit, agents said.<br \/>\nThe developer pulled in a combined HK$2.8 billion (US$357&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2158289\/sun-hung-kai-wraps-biggest-weekend-launch-sell-out-yuen\" target=\"_blank\">Sun Hung Kai wraps up biggest weekend launch with a sell-out in Yuen Long as vacancy tax bites<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s biggest sale of residential real estate after housing policies were unveiled on June&#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-95413","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-oOV","jetpack-related-posts":[{"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":95413,"position":0},"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 &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":95413,"position":1},"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":107261,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-bull-run-takes-a-surprise-break-as-sun-hung-kais-park-yoho-napoli-flats-in-yuen-long-fail-to-sell-out\/","url_meta":{"origin":95413,"position":2},"title":"Hong Kong\u2019s property bull run takes a surprise break as Sun Hung Kai\u2019s Park Yoho Napoli flats in Yuen Long fail to sell out","date":"May 18, 2019","format":false,"excerpt":"\r The bull run in Hong Kong\u2019s residential property market took an unexpected break on Saturday when a weekend launch by the city\u2019s biggest developer failed to sell out.Sun Hung Kai Properties (SHK) sold 17 of the 144 flats at the Park Yoho Napoli project on Castle Peak Road in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yuen-long-clashes-cast-pall-over-sun-hung-kais-weekend-home-sales-even-as-great-eagles-project-drew-buyers-with-cheaper-prices\/","url_meta":{"origin":95413,"position":3},"title":"Yuen Long clashes cast pall over Sun Hung Kai\u2019s weekend home sales even as Great Eagle\u2019s project drew buyers with cheaper prices","date":"July 27, 2019","format":false,"excerpt":"\r A weekend apartment sale by Sun Hung Kai Properties flopped in Kam Tin near the scene of violent clashes between the police and protesters, as nearly two months of incessant public unrest left their impact on Hong Kong\u2019s real estate.Sun Hung Kai sold only seven of 145 units of\u2026","rel":"","context":"In &quot;Property News&quot;","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":95413,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126316,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-plans-to-build-9940-flats-at-yuen-longs-tam-mei-wetlands-in-one-of-hong-kongs-biggest-mass-housing-projects\/","url_meta":{"origin":95413,"position":5},"title":"Sun Hung Kai plans to build 9,940 flats at Yuen Long\u2019s Tam Mei wetlands in one of Hong Kong\u2019s biggest mass housing projects","date":"May 6, 2022","format":false,"excerpt":"\r The number of flats planned, equal to Hong Kong\u2019s total home sales in the first seven months of 2021, is about the size of Whampoa Garden in Hung Hom, making it one of the city\u2019s largest residential communities.\r \r Source : South China Morning Post\r Read more...Sun Hung Kai\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\/95413"}],"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=95413"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/95413\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=95413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=95413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=95413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}