{"id":3123,"date":"2016-10-13T10:14:30","date_gmt":"2016-10-13T02:14:30","guid":{"rendered":"http:\/\/www.spacious.hk\/en\/blog\/?p=3123"},"modified":"2019-09-02T10:57:22","modified_gmt":"2019-09-02T02:57:22","slug":"13-oct-2016-property-news-roundup-empire-sino-acquired-wong-chuk-hangs-commercial-site-park-one-additional-units-price-up-4","status":"publish","type":"post","link":"https:\/\/www.spacious.hk\/en\/blog\/13-oct-2016-property-news-roundup-empire-sino-acquired-wong-chuk-hangs-commercial-site-park-one-additional-units-price-up-4","title":{"rendered":"13 Oct 2016: Property News Roundup: Empire &#038; Sino Acquired Wong Chuk Hang&#8217;s Commercial Site, Park One Additional Units Price Up 4%"},"content":{"rendered":"<p><strong>Empire &amp; Sino Acquired Wong Chuk Hang&#8217;s Commercial Site<\/strong><br \/>\nEmpire Group Holdings and Sino Land acquired the second most expensive commercial land in the city for HK$2.528 billion. The development site is close to the upcoming Wong Chuk Hang Station of the MTR South Island Line extension. The project will produce a maximum gross floor area of 284,945 square feet, of which the average price would be as high as HK$8,872.<\/p>\n<p><strong>Park One Additional Units Price Up 4%<\/strong><br \/>\nHenderson Land added 22 flats to the first batch offered for sale at its Park One project, with a 4% price increase in the additional flat. A total of 50 units would be launched next Tuesday. Rumours said 300 orders have been received.<\/p>\n<p><strong>DSD &amp; BSD Transactions Steep Last Month<\/strong><br \/>\nThe cases of DSD and BSD topped since June, 2015. The Inland Revenue Department announced that 4,317 home transactions, worthing about HK$2.28 billion and involving Double Stamp Duty (DSD) were recorded in September. 250 transactions involving Buyer&#8217;s Stamp Duty (BSD) and 51 involving Special Stamp Duty (SSD) were recorded. Both of them increased 34% compared to August.<\/p>\n<p><strong>Curbs Strike China&#8217;s Property Market<\/strong><br \/>\nThe impact of property curbs imposed by the Chinese government is seen in the decrease of number of deals in main cities. 45 cities with new curbs issued recorded a total of 711.29 million-square-foot&nbsp;transaction at the beginning of October, which is 35.76% less than September.<\/p>\n<p>For more information on property news and prices, please visit our website at&nbsp;<a href=\"https:\/\/www.spacious.hk\/zh-tw\">https:\/\/www.spacious.hk\/<\/a>&nbsp;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Empire &amp; Sino Acquired Wong Chuk Hang&#8217;s Commercial Site Empire Group Holdings and Sino Land acquired the second most expensive commercial land in the city for HK$2.528 billion. The development site is close to the upcoming Wong Chuk Hang Station of the MTR South Island Line extension. The project will produce a maximum gross floor area of 284,945 square feet, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3086,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[69,68,70,82,79,76,67],"class_list":["post-3123","post","type-post","status-publish","format-standard","hentry","category-hong-kong-property","tag-headline","tag-hot-news","tag-hot-news-headline","tag-market","tag-market-news","tag-news","tag-spacious-news"],"_links":{"self":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/3123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/comments?post=3123"}],"version-history":[{"count":0,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/3123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media\/3086"}],"wp:attachment":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media?parent=3123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/categories?post=3123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/tags?post=3123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}