{"id":110655,"date":"2019-09-11T07:45:08","date_gmt":"2019-09-11T00:45:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/rental-charges-at-hong-kongs-ultra-luxury-abodes-fall-by-30-per-cent-as-expatriates-and-mainland-chinese-renters-stay-away\/"},"modified":"2019-09-11T10:07:04","modified_gmt":"2019-09-11T03:07:04","slug":"rental-charges-at-hong-kongs-ultra-luxury-abodes-fall-by-30-per-cent-as-expatriates-and-mainland-chinese-renters-stay-away","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rental-charges-at-hong-kongs-ultra-luxury-abodes-fall-by-30-per-cent-as-expatriates-and-mainland-chinese-renters-stay-away\/","title":{"rendered":"Rental charges at Hong Kong\u2019s ultra-luxury abodes fall by 30 per cent as expatriates and mainland Chinese renters stay away"},"content":{"rendered":"


\nHong Kong\u2019s monthly leases for ultra luxury residences have fallen by almost a third, as three successive months of street protests and the ongoing drought of high-paying financial jobs have deterred expatriate and mainland Chinese renters.Three-storey town houses of around 3,000 square feet (279 square metres) at the South District and on The Peak are now available for between HK$150,000 and HK$200,000 (US$25,000) per month, up to 30 per cent less than what they were going for three or four\u2026
\n
\nSource : South China Morning Post
\nRead more…Rental charges at Hong Kong\u2019s ultra-luxury abodes fall by 30 per cent as expatriates and mainland Chinese renters stay away<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s monthly leases for ultra luxury residences have fallen by almost a third, as...<\/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-110655","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-sML","jetpack-related-posts":[{"id":163703,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wealthy-mainland-chinese-western-expats-drive-hong-kong-luxury-flat-rentals\/","url_meta":{"origin":110655,"position":0},"title":"Wealthy mainland Chinese, Western expats drive Hong Kong luxury flat rentals","date":"November 2, 2025","format":false,"excerpt":"\r The number of luxury flat rental deals in Hong Kong continued to rise this year, buoyed by demand from wealthy mainland Chinese and Western expatriates, amid the city\u2019s stock market rally and the government\u2019s efforts to attract more affluent investors, according to agents. In the first nine months of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-pour-us2-billion-into-hong-kong-super-luxury-homes\/","url_meta":{"origin":110655,"position":1},"title":"Mainland Chinese buyers pour US$2 billion into Hong Kong super-luxury homes","date":"January 18, 2026","format":false,"excerpt":"\r After several subdued years, 2025 marked a turning point for demand in Hong Kong\u2019s most prestigious housing enclaves, as mainland buyers streamed back into scarce ultra-luxury homes once prices stabilised and transaction momentum rolled into the new year. That shift was most visible in The Peak and Southern district\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159004,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-homes-mainland-chinese-buyers-drive-us3-billion-buying-spree\/","url_meta":{"origin":110655,"position":2},"title":"Hong Kong luxury homes: mainland Chinese buyers drive US$3 billion buying spree","date":"August 11, 2025","format":false,"excerpt":"\r Hong Kong\u2019s super luxury property market has seen 35 transactions worth about HK$23 billion (US$2.93 billion) in the past 19 months, with ownership shifting from local property-industry tycoons to mainland buyers who have made their fortunes in hot industries, according to Savills. Wealthy buyers from mainland China accounted for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104653,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-renters-outpace-western-tenants-as-biggest-spenders-for-luxury-rental-homes-in-hong-kong\/","url_meta":{"origin":110655,"position":3},"title":"Mainland renters outpace Western tenants as biggest spenders for luxury rental homes in Hong Kong","date":"March 4, 2019","format":false,"excerpt":"\r Corporate tenants from the mainland have overtaken their Western peers as the dominant force in Hong Kong\u2019s luxury residential leasing sector, as a growing number of Chinese firms establish \u00adoffices in the city.The top-end of the luxury residential leasing market has seen an uptick in demand in recent months,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34610,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-stayed-off-hong-kong-property-as-yuan-weakened\/","url_meta":{"origin":110655,"position":4},"title":"Mainland Chinese buyers stayed off Hong Kong property as yuan weakened","date":"November 16, 2016","format":false,"excerpt":"\r The share of mainland Chinese buyers in Hong Kong\u2019s luxury residential property transactions declined in the third quarter, according to data by Centaline Property Agency, as the yuan weakened against the city\u2019s dollar-pegged currency. Mainland Chinese made up 15.8 per cent of buyers during the quarter, 5.5 percentage points\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109288,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/micro-apartments-are-still-popular-because-their-rental-yields-top-the-average-in-hong-kongs-notoriously-costly-housing-market\/","url_meta":{"origin":110655,"position":5},"title":"Micro apartments are still popular because their rental yields top the average in Hong Kong\u2019s notoriously costly housing market","date":"July 24, 2019","format":false,"excerpt":"\r A flat at The Garrison in Hong Kong\u2019s Tai Wai that sold in July 2018 for HK$4.4 million (US$563,000) has been put on the market for rent at HK$13,500 per month, even before its owner took possession of the 201 square-foot (18.7 square metres) micro apartment.The yield, at 3.7\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110655"}],"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=110655"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110655\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}