{"id":112162,"date":"2019-11-06T07:00:14","date_gmt":"2019-11-06T00:00:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-agencies-centaline-midland-see-commercial-property-agents-depart-as-deals-plunge-amid-protests\/"},"modified":"2019-11-06T08:05:09","modified_gmt":"2019-11-06T01:05:09","slug":"hong-kong-agencies-centaline-midland-see-commercial-property-agents-depart-as-deals-plunge-amid-protests","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-agencies-centaline-midland-see-commercial-property-agents-depart-as-deals-plunge-amid-protests\/","title":{"rendered":"Hong Kong agencies Centaline, Midland see commercial property agents depart as deals plunge amid protests"},"content":{"rendered":"


\nTwo of Hong Kong\u2019s largest property agencies have either cut headcount or seen staff members leave amid a slump in commercial property transactions.Centaline Commercial and Midland IC&I have both shrunk their ranks by about 40 people each, as the city\u2019s anti-government protests weigh on the sector. The total number of agents in Hong Kong fell 1.5 per cent to 39,526 last month from a peak of 40,142 in November last year, according to the Estate Agents Authority.Daniel Wong, chief executive of\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong agencies Centaline, Midland see commercial property agents depart as deals plunge amid protests<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Two of Hong Kong\u2019s largest property agencies have either cut headcount or seen staff members...<\/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-112162","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-tb4","jetpack-related-posts":[{"id":143310,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-agencies-centaline-midland-forecast-property-sales-hitting-10-month-high-in-march\/","url_meta":{"origin":112162,"position":0},"title":"Hong Kong property agencies Centaline, Midland forecast property sales hitting 10-month high in March","date":"April 3, 2024","format":false,"excerpt":"\r Two of Hong Kong\u2019s largest real estate agencies say the total number of transactions could have breached the 5,000 deals mark last month, the highest level since May last year.\r \r Source : South China Morning Post\r Read more...Hong Kong property agencies Centaline, Midland forecast property sales hitting 10-month\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122381,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-infects-hong-kong-market-as-midland-centaline-property-agencies-seek-to-recover-sales-commissions\/","url_meta":{"origin":112162,"position":1},"title":"Evergrande: crisis infects Hong Kong market as Midland, Centaline property agencies seek to recover sales commissions","date":"October 5, 2021","format":false,"excerpt":"\r China Evergrande\u2019s debt crisis is starting to infect Hong Kong\u2019s property market as a local real estate agency group sued to recover overdue commissions from two housing projects in the city. Another group is also considering a similar action.Midland Realty International and Hong Kong Property Services (Agency) are claiming\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120342,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-two-biggest-property-agents-midland-and-centaline-to-reward-sales-reps-with-lai-see-to-drive-lunar-new-year-revenues\/","url_meta":{"origin":112162,"position":2},"title":"Hong Kong\u2019s two biggest property agents Midland and Centaline to reward sales reps with \u2018lai see\u2019 to drive Lunar New Year revenues","date":"February 12, 2021","format":false,"excerpt":"\r Hong Kong\u2019s two biggest real estate agents, Midland Realty and Centaline Property Agency, are ready to hand out \u201clai see\u201d money totalling about HK$900,000 (US$116,000) to their agents as an incentive to sell flats during the Lunar New Year holiday.Meanwhile, Henderson Land Development will give away lai see of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84119,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-no-better-time-to-be-a-real-estate-agent-as-fees-soar-amid-hong-kongs-record-prices\/","url_meta":{"origin":112162,"position":3},"title":"There\u2019s no better time to be a real estate agent as fees soar amid Hong Kong\u2019s record prices","date":"March 29, 2018","format":false,"excerpt":"\r Hong Kong\u2019s two largest property agents, Centaline and Midland, enjoyed sharp increases in commission revenue generated in the city last year, as sales of new homes and prices surged to record highs. But market commentators are warning the sector\u2019s outlook remains clouded by uncertainty over rising interest rates, and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116521,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-agents-turn-to-virtual-reality-tours-influencer-style-videos-to-beat-coronavirus-driven-slump-in-home-sales\/","url_meta":{"origin":112162,"position":4},"title":"Hong Kong property agents turn to virtual-reality tours, influencer-style videos to beat coronavirus-driven slump in home sales","date":"May 20, 2020","format":false,"excerpt":"\r Virtual-reality tours of properties have come to the rescue of major Hong Kong agencies amid the coronavirus pandemic, which has disrupted traditional sales channels and viewing patterns, with one company describing the technology as \u2018life to us\u201d, helping it \u201csurvive and stay competitive\u201d.Centaline Property Agency, Hong Kong\u2019s largest agent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119475,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-seeks-to-tap-withdrawal-of-double-stamp-duty-puts-west-kowloon-office-tower-on-the-market\/","url_meta":{"origin":112162,"position":5},"title":"New World Development seeks to tap withdrawal of double stamp duty, puts West Kowloon office tower on the market","date":"December 7, 2020","format":false,"excerpt":"\r Hong Kong conglomerate New World Development (NWD) is selling a grade A, 28-storey office building in the city\u2019s first commercial property sale after it withdrew double stamp duty on non-residential property last month.The building at 888 Lai Chi Kok Road in West Kowloon will be completed in 2022 and\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\/112162"}],"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=112162"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112162\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}