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
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