SHKP trims luxuries at top end of town

Sun Hung Kai Properties, Hong Kong's largest developer, will cut the number of "super luxury" features in its new projects as cashed-up buyers retreat following the introduction of the anti-speculation tax in late October.

SHKP said it would also slow the acquisition of old properties for redevelopment, a move that could affect the supply of new flats on the market.

via Business feed http://www.scmp.com/business/companies/article/1113886/shkp-trims-luxuries-top-end-town