{"id":113003,"date":"2019-12-12T07:00:10","date_gmt":"2019-12-12T00:00:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-recession-hit-economy-weighs-on-rents-for-a-fourth-consecutive-month-in-november-set-to-fall-further\/"},"modified":"2019-12-12T08:03:17","modified_gmt":"2019-12-12T01:03:17","slug":"hong-kongs-recession-hit-economy-weighs-on-rents-for-a-fourth-consecutive-month-in-november-set-to-fall-further","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-recession-hit-economy-weighs-on-rents-for-a-fourth-consecutive-month-in-november-set-to-fall-further\/","title":{"rendered":"Hong Kong\u2019s recession-hit economy weighs on rents for a fourth consecutive month in November, set to fall further"},"content":{"rendered":"


\nRents for residential property in Hong Kong will continue to decline over the next few months as a weakening economy raises concerns over employment, market observers said.The average rent fell 1.6 per cent last month from a year earlier to HK$36 (US$4.6) per square foot \u2013 the lowest since May, according to data from Centaline Property Agency on Wednesday.Between August and November, rents fell by 5 per cent as the anti-government protests escalated and the city\u2019s economy entered a technical\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s recession-hit economy weighs on rents for a fourth consecutive month in November, set to fall further<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rents for residential property in Hong Kong will continue to decline over the next few...<\/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-113003","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-toD","jetpack-related-posts":[{"id":113755,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-real-estate-investors-head-offshore-for-better-returns-as-prices-and-rents-decline-at-home-amid-a-slumping-economy\/","url_meta":{"origin":113003,"position":0},"title":"Hong Kong\u2019s real estate investors head offshore for better returns, as prices and rents decline at home amid a slumping economy","date":"January 20, 2020","format":false,"excerpt":"\r Hong Kong\u2019s real estate investors are increasingly looking offshore for better returns on their investments, amid the city\u2019s declining rents and resale prices for office space and retail lots in a slumping economy.Family offices, as the investment vehicles of ultra-high net worth tycoons are called, have begun to increase\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116850,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-recession-squeeze-rents-are-converging-for-hong-kongs-micro-flat-and-subdivided-lots\/","url_meta":{"origin":113003,"position":1},"title":"In recession squeeze, rents are converging for Hong Kong\u2019s micro flat and subdivided lots","date":"June 3, 2020","format":false,"excerpt":"\r Rents on tiny flats in some of Hong Kong\u2019s chic property developments are sliding towards the rates on the city\u2019s notorious subdivided flats as landlords concede more ground in a recession-hit economy, according to property agents.At least 10 such projects completed in recent few years have had flats leased\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-weigh-on-office-market-as-available-space-in-central-rises-to-14-year-high-rents-fall-3-2-per-cent\/","url_meta":{"origin":113003,"position":2},"title":"Hong Kong protests weigh on office market as available space in Central rises to 14-year high, rents fall 3.2 per cent","date":"October 4, 2019","format":false,"excerpt":"\r The outlook for Hong Kong\u2019s property market is bleak after rents for grade A office space in Central \u201csoftened significantly\u201d and availability climbed to a 14-year high in the third quarter.Cushman & Wakefield said on Thursday that tenants generally held off committing to relocations or expansions in the quarter\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170383,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-snap-3-year-downturn-as-rents-surge-to-a-new-high\/","url_meta":{"origin":113003,"position":3},"title":"Hong Kong home prices snap 3-year downturn as rents surge to a new high","date":"January 28, 2026","format":false,"excerpt":"\r Hong Kong\u2019s lived-in home prices ended a three-year downturn with a 3.25 per cent increase in 2025, as the property market gallops into the new year buoyed by expectations of more transactions and further price gains, according to analysts. Rents climbed to a record high in December, boosting annual\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":165723,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-central-prime-office-rents-are-up-for-the-first-time-in-over-3-years\/","url_meta":{"origin":113003,"position":4},"title":"Hong Kong\u2019s Central prime office rents are up for the first time in over 3 years","date":"November 25, 2025","format":false,"excerpt":"\r Prime office rents in Hong Kong\u2019s Central business district rose modestly in November \u2013 the first time in three and a half years \u2013 on the back of an overall improvement in vacancy rates, which helped buttress the negotiating stance of landlords, according to property consultancy JLL. Rents in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86415,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flood-of-chinese-tech-firms-will-push-up-office-rents-in-hong-kongs-tst-say-analysts\/","url_meta":{"origin":113003,"position":5},"title":"Flood of Chinese tech firms will push up office rents in Hong Kong\u2019s TST, say analysts","date":"April 25, 2018","format":false,"excerpt":"\r Office rents in Hong Kong\u2019s Tsim Sha Tsui district are set to jump this year, say analysts, as a plentiful supply of space and vastly improved transport links make it the top choice of mainland Chinese technology firms. A dearth of office space in the city\u2019s main business district,\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\/113003"}],"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=113003"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113003\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}