Sun Hung Kai Properties plans to clear its stock of 350 empty apartments at Grand Yoho phase two in Yuen Long. Photo: David Wong
Sun Hung Kai Properties plans to clear its stock of 350 empty apartments at Grand Yoho phase two in Yuen Long. Photo: David Wong

Hong Kong developers rush to sell empty flats ahead of new vacancy tax

Government is due to discuss details of a new levy on vacant properties as a way of helping ease the city’s acute housing shortage

Sun Hung Kai Properties plans to clear its stock of 350 empty apartments at Grand Yoho phase two in Yuen Long. Photo: David Wong
Sun Hung Kai Properties plans to clear its stock of 350 empty apartments at Grand Yoho phase two in Yuen Long. Photo: David Wong
READ FULL ARTICLE