{"id":115134,"date":"2020-03-25T11:00:09","date_gmt":"2020-03-25T04:00:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/metro-manila-office-market-could-decline-to-two-year-low-amid-philippine-crackdown-on-chinese-online-gaming-operations\/"},"modified":"2020-03-25T11:03:13","modified_gmt":"2020-03-25T04:03:13","slug":"metro-manila-office-market-could-decline-to-two-year-low-amid-philippine-crackdown-on-chinese-online-gaming-operations","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metro-manila-office-market-could-decline-to-two-year-low-amid-philippine-crackdown-on-chinese-online-gaming-operations\/","title":{"rendered":"Metro Manila office market could decline to two-year low amid Philippine crackdown on Chinese online gaming operations"},"content":{"rendered":"


\nOffice vacancies could rise to a two-year high in Manila, as the Philippines starts to crack down on Chinese-operated online gaming operators to curb a rise in criminal activity associated with their operations.Vacancies are likely to rise to 7.6 per cent this year, a level last recorded in the last quarter of 2017, from 4.3 per cent in 2019, based on data by consultancies Colliers International and Cushman & Wakefield. Rents are also likely to decline amid lower demand for projects set to be\u2026
\n
\nSource : South China Morning Post
\nRead more…Metro Manila office market could decline to two-year low amid Philippine crackdown on Chinese online gaming operations<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Office vacancies could rise to a two-year high in Manila, as the Philippines starts to...<\/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-115134","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-tX0","jetpack-related-posts":[{"id":102164,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-chinas-love-of-online-betting-is-boosting-the-philippine-property-sector\/","url_meta":{"origin":115134,"position":0},"title":"How China\u2019s love of online betting is boosting the Philippine property sector","date":"December 11, 2018","format":false,"excerpt":"\r The Chinese passion for betting has become a major driver of the Philippine property market. The country has become a magnet for Chinese online gambling operators, barred from setting up shop at home and stifled in Macau by measures aimed at curbing the spending of wealthy mainlanders. Warmer relations\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122527,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manilas-new-tax-on-gaming-operators-could-drive-office-vacancy-rates-to-near-two-decade-high\/","url_meta":{"origin":115134,"position":1},"title":"Manila\u2019s new tax on gaming operators could drive office vacancy rates to near two-decade high","date":"October 12, 2021","format":false,"excerpt":"\r A new tax on local and foreign online gaming operators and their employees in the Philippines is likely to drive away Chinese gaming operators and could push overall office vacancy rates to almost a two-decade high.These firms, which are collectively known as Philippine offshore gaming operators (Pogos), currently occupy\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119045,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manilas-residential-towers-slowly-emptying-out-amid-an-exodus-of-online-casinos-from-the-philippine-capital\/","url_meta":{"origin":115134,"position":2},"title":"Manila\u2019s residential towers slowly emptying out amid an exodus of online casinos from the Philippine capital","date":"October 28, 2020","format":false,"excerpt":"\r An exodus of online casinos from Manila is slowly emptying the Philippine capital\u2019s residential towers, pulling rents lower, according to property broker KMC Savills. Next year could be worse, it said.\u201cWe\u2019ve seen entire residential towers emptied out,\u201d Michael McCullough, managing director at KMC in Manila said on Tuesday. While\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116293,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/falling-ofw-remittances-rising-unemployment-to-push-down-property-prices-in-philippines-by-15-per-cent\/","url_meta":{"origin":115134,"position":3},"title":"Falling OFW remittances, rising unemployment to push down property prices in Philippines by 15 per cent","date":"May 13, 2020","format":false,"excerpt":"\r Home prices in the Philippines are likely to decline by up to 15 per cent after more than two decades of uninterrupted growth as a slowing economy due to the Covid-19 outbreak weighs on demand, with affordable and mid-income housing seen as the most vulnerable segments.The twin blow of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":151919,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/qatar-airways-and-philippine-airlines-boost-doha-to-manila-flights\/","url_meta":{"origin":115134,"position":4},"title":"Qatar Airways and Philippine Airlines boost Doha to Manila flights","date":"April 24, 2025","format":false,"excerpt":"\r Qatar Airways and Philippine Airlines boost Doha and Manila flights\r \r Source : arabianbusiness.com\r Read more...Qatar Airways and Philippine Airlines boost Doha to Manila flights","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/04\/Qatar-Airways-Philippine-Airlines-Doha-Manila-flights-1000x663-1.jpg?fit=1000%2C663&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":113613,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-investment-integral-to-philippine-property-market-as-friendly-diplomatic-relations-offshore-gaming-add-to-appeal\/","url_meta":{"origin":115134,"position":5},"title":"Chinese investment integral to Philippine property market, as friendly diplomatic relations, offshore gaming add to appeal","date":"January 15, 2020","format":false,"excerpt":"\r Chinese buyers are now integral to the Philippine property market, local developers say, with improved diplomatic relations and an offshore gaming industry encouraging mainland Chinese investors to put money in and immigrate to the southeast Asian country.\u201cThe Philippine market has been strong with the Chinese community because ties between\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\/115134"}],"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=115134"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115134\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}