{"id":114049,"date":"2020-02-04T11:00:18","date_gmt":"2020-02-04T04:00:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-coronavirus-outbreak-knock-hong-kong-retail-and-office-markets-the-worlds-priciest-off-the-perch\/"},"modified":"2020-02-04T11:35:20","modified_gmt":"2020-02-04T04:35:20","slug":"can-coronavirus-outbreak-knock-hong-kong-retail-and-office-markets-the-worlds-priciest-off-the-perch","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-coronavirus-outbreak-knock-hong-kong-retail-and-office-markets-the-worlds-priciest-off-the-perch\/","title":{"rendered":"Can coronavirus outbreak knock Hong Kong retail and office markets, the world\u2019s priciest, off the perch?"},"content":{"rendered":"


\nHong Kong\u2019s office and retail space rents, the world\u2019s priciest, have slipped under the weight of US-China trade war and anti-government protests for most of the past year. Can the fallout from a prolonged coronavirus outbreak knock them off the perch?The viral outbreak has taken its toll even before the local economy can recover from the onslaught last year as shoppers avoided crowded areas like shopping malls and major businesses asked employees to work from home, while hotel operators could\u2026
\n
\nSource : South China Morning Post
\nRead more…Can coronavirus outbreak knock Hong Kong retail and office markets, the world\u2019s priciest, off the perch?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s office and retail space rents, the world\u2019s priciest, have slipped under the weight...<\/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-114049","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-tFv","jetpack-related-posts":[{"id":118526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-stores-exit-russell-street-hong-kong-once-the-worlds-priciest-retail-strip-amid-tourist-slump-over-covid-19-and-protests\/","url_meta":{"origin":114049,"position":0},"title":"Luxury stores exit Russell Street, Hong Kong, once the world\u2019s priciest retail strip, amid tourist slump over Covid-19 and protests","date":"September 7, 2020","format":false,"excerpt":"\r Russell Street in Causeway Bay, Hong Kong, one of the city\u2019s premier shopping destinations and often in the past the one with the world\u2019s highest commercial real-estate rents, is a shadow of its former self.Watch brand Rolex, lingerie label La Perla, skincare brand Kiehl\u2019s and watchmaker Omega have all\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171744,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tsim-sha-tsui-tops-asia-luxury-retail-rents-but-bond-street-worlds-priciest\/","url_meta":{"origin":114049,"position":1},"title":"Hong Kong\u2019s Tsim Sha Tsui tops Asia luxury retail rents, but Bond Street world\u2019s priciest","date":"May 11, 2026","format":false,"excerpt":"\r Hong Kong\u2019s Tsim Sha Tsui has retained its title as Asia\u2019s priciest luxury retail strip, commanding \u00a316,160 (US$22,000) per square metre in annual rents, as the city remains among the world\u2019s most active markets in terms of new high-end store openings, according to Savills. London\u2019s Bond Street replaced Tsim\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116990,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/protest-wracked-hong-kong-still-worlds-priciest-housing-market-in-2019-as-asian-cities-dominate-top-five-says-cbre-survey\/","url_meta":{"origin":114049,"position":2},"title":"Protest-wracked Hong Kong still world\u2019s priciest housing market in 2019 as Asian cities dominate top five, says CBRE survey","date":"June 9, 2020","format":false,"excerpt":"\r Four of the world\u2019s five most expensive housing markets were in Asia last year, with Hong Kong maintaining its crown as the priciest with an average price of US$1.25 million, according to a report by property consultancy CBRE.Whether Hong Kong can hold on to the spot is uncertain, with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105991,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-joins-hong-kong-in-worlds-top-5-priciest-housing-markets\/","url_meta":{"origin":114049,"position":3},"title":"Shenzhen joins Hong Kong in world\u2019s top-5 priciest housing markets","date":"April 12, 2019","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Shenzhen joins Hong Kong in world\u2019s top-5 priciest housing markets","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-rents-might-need-to-be-halved-for-tenants-landlords-to-survive-coronavirus-outbreak-developer-says\/","url_meta":{"origin":114049,"position":4},"title":"Hong Kong retail rents might need to be halved for tenants, landlords to survive coronavirus outbreak, developer says","date":"April 3, 2020","format":false,"excerpt":"\r Hong Kong\u2019s retail landlords might have to cut rents by 50 per cent to attract new tenants amid a worsening outbreak of the novel coronavirus, one of the city\u2019s richest developers said.\u201cFor these few months, you\u2019ll probably see a 50 per cent cut in rents for the retail sector,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41578,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-the-worlds-priciest-home-market-for-the-seventh-year\/","url_meta":{"origin":114049,"position":5},"title":"Hong Kong the world\u2019s priciest home market for the seventh year","date":"January 23, 2017","format":false,"excerpt":"\r Hong Kong kept its ranking as the world\u2019s least affordable urban centre to buy a home for the seventh year running, in a survey that\u2019s likely to throw a perennial problem back into focus during an election year for the city\u2019s chief executive. The city\u2019s apartments cost 18.1 times\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\/114049"}],"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=114049"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114049\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}