{"id":103929,"date":"2019-02-13T06:00:50","date_gmt":"2019-02-12T23:00:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sfc-throws-in-the-towel-on-central-rents-signs-on-for-new-office-space-at-one-island-east\/"},"modified":"2019-02-13T07:03:14","modified_gmt":"2019-02-13T00:03:14","slug":"hong-kongs-sfc-throws-in-the-towel-on-central-rents-signs-on-for-new-office-space-at-one-island-east","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sfc-throws-in-the-towel-on-central-rents-signs-on-for-new-office-space-at-one-island-east\/","title":{"rendered":"Hong Kong\u2019s SFC throws in the towel on Central rents, signs on for new office space at One Island East"},"content":{"rendered":"<p>&#013;<br \/>\nThe Securities and Futures Commission (SFC) plans to move out of its Central office to save on rental costs as it forecasts a deficit of HK$230 million (US$29.3 million) for the year ahead.<br \/>\nThe city\u2019s securities regulator has taken out an eight-year lease in Swire Properties\u2019 One Island East in Quarry Bay.<br \/>\nThe move, set to take place under a lease beginning in January 2020, would likely reduce office rental costs for the regulator by about half, according to an agenda published&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2185897\/sfc-throws-towel-central-rents-signs-new-office-space-one-island-east\" target=\"_blank\">Hong Kong\u2019s SFC throws in the towel on Central rents, signs on for new office space at One Island East<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The Securities and Futures Commission (SFC) plans to move out of its Central office to&#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-103929","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-r2h","jetpack-related-posts":[{"id":78943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-the-worlds-priciest-city-even-the-securities-regulator-finds-itself-priced-out-of-prime-office-space\/","url_meta":{"origin":103929,"position":0},"title":"In the world\u2019s priciest city, even the securities regulator finds itself priced out of prime office space","date":"February 5, 2018","format":false,"excerpt":"\r In the world\u2019s most expensive city, even the financial industry overseer needs to put up cash, or be priced out of prime office space.\u00a0 That is what\u2019s happening to Hong Kong\u2019s Securities and Futures Commission (SFC), as it finds its HK$3 billion (US$383.5 million) budget insufficient for even half\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-probing-overseas-property-scams-that-cost-buyers-hk500m-in-losses\/","url_meta":{"origin":103929,"position":1},"title":"Hong Kong probing overseas property scams that cost buyers HK$500m in losses","date":"March 14, 2017","format":false,"excerpt":"\r Hong Kong police and the securities regulator are looking into overseas property projects that have gone into default, costing investors as much as HK$500 million in losses, according to a Hong Kong lawmaker. Legislative Council member James To Kun-sun, who has been receiving complaints concerning overseas real estate investments,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150184,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sfc-greenlights-first-ever-tokenised-money-market-etfs\/","url_meta":{"origin":103929,"position":2},"title":"Hong Kong\u2019s SFC greenlights first-ever tokenised money market ETFs","date":"March 28, 2025","format":false,"excerpt":"\r Bosera and HashKey announce the world\u2019s first tokenised money market ETFs, set to transform financial markets with blockchain technology\r \r Source : arabianbusiness.com\r Read more...Hong Kong\u2019s SFC greenlights first-ever tokenised money market ETFs","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/03\/Exchange-Traded-Funds_ETFs-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":104153,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-regulator-begins-an-unusual-savings-plan-to-raise-hk1-billion-to-afford-owning-an-office-in-the-worlds-costliest-city\/","url_meta":{"origin":103929,"position":3},"title":"Hong Kong regulator begins an unusual savings plan to raise HK$1 billion to afford owning an office in the world\u2019s costliest city","date":"February 19, 2019","format":false,"excerpt":"\r Hong Kong\u2019s securities regulator has revealed an unusual savings plan, aiming to raise up to HK$8 billion (US$1.02 billion) over eight years to afford owning its own office in the world\u2019s most expensive city.The watchdog, which will relocate its premises to Swire Properties\u2019 One Island East tower in Quarry\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108010,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/family-office-of-shop-king-tang-shing-bor-wants-to-use-blockchain-to-tokenise-real-estate-holdings\/","url_meta":{"origin":103929,"position":4},"title":"Family office of \u2018shop king\u2019 Tang Shing-bor wants to use blockchain to \u2018tokenise\u2019 real estate holdings","date":"June 12, 2019","format":false,"excerpt":"\r The Stan Group, the family-owned office that represents the assets of \u201cshop king\u201d Tang Shing-bor, will meet with Hong Kong\u2019s securities watchdog early next year to seek approval to sell tokenised real estate using blockchain technology.If approved, the application would reflect the first time the Securities and Futures Commission\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103166,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-central-district-to-see-further-5-per-cent-gain-in-office-rents-this-year-nomura-says\/","url_meta":{"origin":103929,"position":5},"title":"Hong Kong\u2019s Central district to see further 5 per cent gain in office rents this year, Nomura says","date":"January 22, 2019","format":false,"excerpt":"\r The world\u2019s most expensive place to rent office space may be about to get even costlier amid higher demand from co-working firms, according to Nomura. The cost of renting office space in Hong Kong\u2019s main business district, Central, will rise by up to 5 per cent this year, according\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\/103929"}],"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=103929"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103929\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}