{"id":97112,"date":"2018-09-02T20:15:15","date_gmt":"2018-09-02T13:15:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-sells-117-cullinan-west-ii-units-for-hk1-9-billion-but-industry-could-be-in-for-lacklustre-sales\/"},"modified":"2018-09-02T21:04:30","modified_gmt":"2018-09-02T14:04:30","slug":"shkp-sells-117-cullinan-west-ii-units-for-hk1-9-billion-but-industry-could-be-in-for-lacklustre-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-sells-117-cullinan-west-ii-units-for-hk1-9-billion-but-industry-could-be-in-for-lacklustre-sales\/","title":{"rendered":"SHKP sells 117 Cullinan West II units for HK$1.9 billion, but industry could be in for lacklustre sales"},"content":{"rendered":"<p>&#013;<br \/>\nNew properties put up for sale over the weekend by developers looking to avoid levies under Hong Kong\u2019s proposed vacancy tax received a mixed response from homebuyers.<br \/>\nSun Hung Kai Properties (SHKP), which realised HK$5 billion (US$637.08 million) from the sale of 354 apartment units last week, reported a second batch of 117 units at its Cullinan West II development were sold out by 4pm on Sunday.<\/p>\n<p>The Monti development in Sai Wan Ho, co-developed by Lai Sun Group and the Urban Renewal&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2162433\/shkp-sells-117-cullinan-west-ii-units-hk19-billion-industry-could-be\" target=\"_blank\">SHKP sells 117 Cullinan West II units for HK.9 billion, but industry could be in for lacklustre sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; New properties put up for sale over the weekend by developers looking to avoid levies&#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-97112","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-pgk","jetpack-related-posts":[{"id":49712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-puts-cullinan-west-prices-up-9-per-cent-as-latest-batch-of-312-units-sells-out\/","url_meta":{"origin":97112,"position":0},"title":"SHKP puts Cullinan West prices up 9 per cent as latest batch of 312 units sells out","date":"March 26, 2017","format":false,"excerpt":"\r Sun Hung Kai Properties sold all 312 units that went on sale at its Cullinan West development over the weekend and raised the price of the next batch by 9 per cent, as homebuyers appeared unfazed by the recent interest rate rise. All 312 units at Cullinan West, atop\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51302,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-raises-cullinan-west-apartment-prices-40-per-cent-in-under-a-month\/","url_meta":{"origin":97112,"position":1},"title":"SHKP raises Cullinan West apartment prices 40 per cent in under a month","date":"April 8, 2017","format":false,"excerpt":"\r Homebuying demand in Hong Kong was showing no signs of abating late on Friday as eager buyers crammed into the sales office of Sun Hung Kai Properties\u2019 Cullinan West project, seemingly undeterred by a price increase of almost 40 per cent in the space of under a month. Agents\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97528,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-snap-up-flats-at-shkps-cullinan-west-ii-in-hong-kongs-biggest-weekend-property-sale-in-six-months\/","url_meta":{"origin":97112,"position":2},"title":"Buyers snap up flats at SHKP\u2019s Cullinan West II in Hong Kong\u2019s biggest weekend property sale in six months","date":"September 9, 2018","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP) sold all 72 units in a third round of sales at its Cullinan West II development near Sham Shui Po on Sunday as buyers took advantage of lower prices and mortgage incentives in the city\u2019s biggest weekend property sale in six months. On Saturday,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157030,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-tuen-mun-project-sells-out-signalling-rebound-in-property-market\/","url_meta":{"origin":97112,"position":3},"title":"SHKP Tuen Mun project sells out, signalling rebound in property market","date":"July 5, 2025","format":false,"excerpt":"\r All 160 units of a new residential project by Sun Hung Kai Properties (SHKP) in Tuen Mun sold out on Saturday, buoyed by a recovering stock market and low interest rates, a sign that Hong Kong\u2019s property market may be seeing a sustained rebound, according to analysts. The first\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95713,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-may-face-hk200-million-in-vacancy-tax-charges-for-units-at-victoria-harbour\/","url_meta":{"origin":97112,"position":4},"title":"SHKP may face HK$200 million in vacancy tax charges for units at Victoria Harbour","date":"August 9, 2018","format":false,"excerpt":"\r Sun Hung Kai Properties could face HK$200 million (US$25.48 million) in charges on empty units at its recently completed luxury residential development in North Point, after it was revealed the company is seeking a record monthly rent of HK$100 per square foot in Hong Kong East. The developer is\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72881,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-waste-no-time-snapping-up-flats-in-newest-hong-kong-development-the-cullinan-west-ii\/","url_meta":{"origin":97112,"position":5},"title":"Buyers waste no time snapping up flats in newest Hong Kong development, the Cullinan West II","date":"November 25, 2017","format":false,"excerpt":"\r Record price rises in the world\u2019s most expensive property market have not dampened demand, as hundreds of investors queued up on Saturday hoping to get their slice of an exclusive new development, which had been 10 times oversubscribed. The biggest sale of the day saw one buyer take six\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\/97112"}],"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=97112"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/97112\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=97112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=97112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=97112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}