{"id":96119,"date":"2018-08-16T07:00:15","date_gmt":"2018-08-16T00:00:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-cuts-new-flat-prices-again-as-hong-kong-developers-face-headwinds\/"},"modified":"2018-08-16T08:03:14","modified_gmt":"2018-08-16T01:03:14","slug":"sun-hung-kai-cuts-new-flat-prices-again-as-hong-kong-developers-face-headwinds","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-cuts-new-flat-prices-again-as-hong-kong-developers-face-headwinds\/","title":{"rendered":"Sun Hung Kai cuts new flat prices again as Hong Kong developers face headwinds"},"content":{"rendered":"


\nSun Hung Kai, Hong Kong\u2019s biggest property developer, has cut the prices of homes at one of its projects by as much as 10 per cent, the second time in less than a month it has taken such action in the latest sign that the property market may be cooling down.
\nThe company is offering 119 units at its Cullinan West II development atop Nam Cheong MTR station in Kowloon at an average price of HK$23,893 (US$3,044) per square foot after discounts, about 10 per cent lower than the prices of a…
\n
\nSource : South China Morning Post
\nRead more…Sun Hung Kai cuts new flat prices again as Hong Kong developers face headwinds<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sun Hung Kai, Hong Kong\u2019s biggest property developer, has cut the prices of homes at...<\/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-96119","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-p0j","jetpack-related-posts":[{"id":122169,"url":"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\/","url_meta":{"origin":96119,"position":0},"title":"Sun Hung Kai Properties, Wheelock among developers rushing to build small flats as Hong Kong home prices approach all-time high","date":"September 23, 2021","format":false,"excerpt":"\r Hong 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130740,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-hong-kong-property-stocks-surge-as-investors-and-developers-bank-on-john-lees-policy-tailwinds\/","url_meta":{"origin":96119,"position":1},"title":"Sun Hung Kai, Hong Kong property stocks surge as investors and developers bank on John Lee\u2019s policy tailwinds","date":"October 14, 2022","format":false,"excerpt":"\r Shares of Hong Kong property developers advanced on speculation the city\u2019s Chief Executive John Lee will adopt measures to help shore up home prices in the city.\r \r Source : South China Morning Post\r Read more...Sun Hung Kai, Hong Kong property stocks surge as investors and developers bank on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/good-timing-elevates-a-newcomer-to-list-of-hong-kong-top-developers-as-sales-at-sun-hung-kai-properties-slide\/","url_meta":{"origin":96119,"position":2},"title":"Good timing elevates a newcomer to list of Hong Kong top developers as sales at Sun Hung Kai Properties slide","date":"January 14, 2020","format":false,"excerpt":"\r In a year when Hong Kong protests have clipped overall home sales in the city, a relative newcomer has made it into the big league by \u201cgood timing\u201d and snared some market share from Sun Hung Kai Properties and other developers.Billion Development & Project Management sold HK$15.6 billion (US$2\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124699,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-sun-hung-kai-properties-hysan-post-declining-profits-say-more-challenges-ahead\/","url_meta":{"origin":96119,"position":3},"title":"Hong Kong developers Sun Hung Kai Properties, Hysan post declining profits, say more challenges ahead","date":"February 24, 2022","format":false,"excerpt":"\r Two of Hong Kong\u2019s biggest property developers and retail landlords have posted declining results and foresee more challenges ahead, as the city\u2019s social distancing rules keep consumers away from shopping centres.Sun Hung Kai Properties (SHKP), which owns neighbourhood shopping centres New Town Plaza and Yoho Mall in Sha Tin\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33366,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-shares-plunge-after-governments-surprise-cooling-measure\/","url_meta":{"origin":96119,"position":4},"title":"Hong Kong developers\u2019 shares plunge after government\u2019s surprise cooling measure","date":"November 7, 2016","format":false,"excerpt":"\r Hong Kong developers\u2019 share prices plunged on Monday after the government announced the highest stamp duty yet on property transactions in the city. Analysts said the new tightening came as a big surprise and they expect home prices to face severe cooling pressure. Cheung Kong Property Holdings slumped 8.8\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108314,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-slash-home-prices-by-up-to-20-per-cent-to-kick-some-tempo-back-into-the-downbeat-property-market\/","url_meta":{"origin":96119,"position":5},"title":"Hong Kong developers slash home prices by up to 20 per cent to kick some tempo back into the downbeat property market","date":"June 21, 2019","format":false,"excerpt":"\r Hong Kong developers, taking advantage of the calm that has returned to the city, on Thursday launched projects at prices that undercut rivals by up to 20 per cent, hoping to attract buyers who have adopted a cautious approach.Wing Tai Properties said it would sell flats at OMA OMA\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\/96119"}],"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=96119"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96119\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=96119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=96119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=96119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}