{"id":113689,"date":"2020-01-17T06:45:08","date_gmt":"2020-01-16T23:45:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kongs-central-district-worlds-most-expensive-commercial-property-market-to-plunge-by-up-to-40-per-cent-real-estate-fund-says\/"},"modified":"2020-01-17T07:05:34","modified_gmt":"2020-01-17T00:05:34","slug":"office-rents-in-hong-kongs-central-district-worlds-most-expensive-commercial-property-market-to-plunge-by-up-to-40-per-cent-real-estate-fund-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kongs-central-district-worlds-most-expensive-commercial-property-market-to-plunge-by-up-to-40-per-cent-real-estate-fund-says\/","title":{"rendered":"Office rents in Hong Kong\u2019s Central district \u2013 world\u2019s most expensive commercial property market \u2013 to plunge by up to 40 per cent, real estate fund says"},"content":{"rendered":"


\nOffice rents in Hong Kong\u2019s Central district, the world\u2019s most expensive commercial property market for a fourth straight year in 2019, might plunge by up to 40 per cent by 2022, according to the most pessimistic forecast yet.\u201cOffice rents in Central and other mature decentralised areas are likely to continue falling \u2013 by around 30 per cent to 40 per cent over the near to medium term\u201d in the next two to three years, said Harry Tan, head of research for Asia-Pacific at London-based real estate\u2026
\n
\nSource : South China Morning Post
\nRead more…Office rents in Hong Kong\u2019s Central district \u2013 world\u2019s most expensive commercial property market \u2013 to plunge by up to 40 per cent, real estate fund says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Office rents in Hong Kong\u2019s Central district, the world\u2019s most expensive commercial property market for...<\/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-113689","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-tzH","jetpack-related-posts":[{"id":85058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/multinationals-set-to-leave-hong-kongs-prime-office-district-central-in-search-of-cheaper-rents\/","url_meta":{"origin":113689,"position":0},"title":"Multinationals set to leave Hong Kong\u2019s prime office district Central in search of cheaper rents","date":"April 12, 2018","format":false,"excerpt":"\r More multinational companies will leave Hong Kong\u2019s Central district, where rents have become too expensive, with some even considering leaving the city altogether. Average office rents continue to rise in greater Central, which includes the districts of Central, Admiralty and Sheung Wan. In the first quarter, rents jumped by\u2026","rel":"","context":"In "Property News"","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":113689,"position":1},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kongs-central-district-may-drop-for-first-time-since-2013-says-colliers\/","url_meta":{"origin":113689,"position":2},"title":"Office rents in Hong Kong\u2019s Central district may drop for first time since 2013, says Colliers","date":"November 7, 2018","format":false,"excerpt":"\r Hong Kong\u2019s Central district, the world\u2019s most expensive office address, will see rents fall next year for the first time since 2013, according to Colliers International. The tanking stock market, rising interest rates and the US-China trade war are all taking a toll on the confidence of financial firms,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-at-the-center-hong-kongs-most-expensive-office-tower-cut-by-5-per-cent-as-companies-defer-expansion-plans-amid-protests\/","url_meta":{"origin":113689,"position":3},"title":"Rents at The Center, Hong Kong\u2019s most expensive office tower, cut by 5 per cent as companies defer expansion plans amid protests","date":"August 28, 2019","format":false,"excerpt":"\r Some owners of individual floors at The Center have cut rents by 5 per cent for the first time since they took over Hong Kong\u2019s most expensive grade A office building, as anti-government protests have forced companies to hold back their expansion plans, according to agents.Rents at a number\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":113689,"position":4},"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":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":113689,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113689"}],"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=113689"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113689\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}