{"id":115282,"date":"2020-03-31T08:30:15","date_gmt":"2020-03-31T01:30:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-co-living-operators-slash-prices-by-up-to-half-as-people-observe-covid-19-social-distancing-guidelines\/"},"modified":"2020-03-31T09:07:43","modified_gmt":"2020-03-31T02:07:43","slug":"hong-kongs-co-living-operators-slash-prices-by-up-to-half-as-people-observe-covid-19-social-distancing-guidelines","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-co-living-operators-slash-prices-by-up-to-half-as-people-observe-covid-19-social-distancing-guidelines\/","title":{"rendered":"Hong Kong\u2019s co-living operators slash prices by up to half as people observe Covid-19 social-distancing guidelines"},"content":{"rendered":"


\nOperators of shared living spaces in Hong Kong have slashed their monthly rates by as much as 50 per cent as they navigate a new normal of social distancing and people avoiding large crowds amid the Covid-19 pandemic.\u201cWe offer 30 to 50 per cent discounts for our units in different locations,\u201d said Zeta Yung, co-founder at The Cube Group that operates about 80 units in five locations on Hong Kong Island and in Kowloon.The occupancy rate at Cube\u2019s properties had dropped to half in February after\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s co-living operators slash prices by up to half as people observe Covid-19 social-distancing guidelines<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Operators of shared living spaces in Hong Kong have slashed their monthly rates by as...<\/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-115282","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-tZo","jetpack-related-posts":[{"id":121098,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-co-living-operators-and-hotels-join-forces-to-give-vacant-rooms-a-new-lease-of-life-as-coronavirus-poses-existential-threat\/","url_meta":{"origin":115282,"position":0},"title":"Hong Kong\u2019s co-living operators and hotels join forces to give vacant rooms a new lease of life as coronavirus poses existential threat","date":"July 27, 2021","format":false,"excerpt":"\r The Covid-19 pandemic could sound the death knell for the co-living sector, as the concept of communal living, which involves sharing, interacting and building a community, seems to conflict with the prevailing social-distancing measures.\r\rIt was reported last year that some co-living operators in Hong Kong had to slash their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125714,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mall-operators-target-shoppers-after-government-announces-distribution-of-us638-consumption-vouchers\/","url_meta":{"origin":115282,"position":1},"title":"Hong Kong mall operators target shoppers after government announces distribution of US$638 consumption vouchers","date":"April 3, 2022","format":false,"excerpt":"\r Hong Kong\u2019s major mall operators are tempting shoppers with an array of promotions, including discounts of up 70 per cent, after the government announced it would distribute consumption vouchers from Thursday. The battered retail market is expected to receive a much-needed boost, which has suffered since January because of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116297,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-restaurants-back-in-busy-mode-as-social-distancing-measures-are-eased-but-recovery-still-a-long-way-off\/","url_meta":{"origin":115282,"position":2},"title":"Hong Kong restaurants back in busy mode as social distancing measures are eased, but recovery still a long way off","date":"May 13, 2020","format":false,"excerpt":"\r Packed eateries over the weekend were a welcome respite for struggling restaurant operators hit by months of street protests and coronavirus outbreak, but analysts and entrepreneurs warned Hong Kong\u2019s food and beverage sector is still months away from a full recovery.Many mall and restaurant operators have taken advantage of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125160,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-restaurant-operators-think-small-as-they-downsize-operations-to-beat-covid-19-slump\/","url_meta":{"origin":115282,"position":3},"title":"Hong Kong restaurant operators think small as they downsize operations to beat Covid-19 slump","date":"March 8, 2022","format":false,"excerpt":"\r Food and beverage (F&B) operators in Hong Kong are switching to smaller outlets amid a difficult operating environment, with some of the more resilient ones focusing on takeaway orders.By concentrating efforts on delivery, some tech-savvy operators are also looking to minimise the impact of the social distancing rules on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119854,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cheap-rents-beckon-hong-kong-residents-as-serviced-apartment-operators-slash-rates-throw-in-freebies-to-boost-occupancy\/","url_meta":{"origin":115282,"position":4},"title":"Cheap rents beckon Hong Kong residents as serviced apartment operators slash rates, throw in freebies to boost occupancy","date":"January 26, 2021","format":false,"excerpt":"\r Residents and expatriates in the world\u2019s most expensive city now have a chance to make some big savings on rents.Hong Kong\u2019s embattled serviced apartment operators are slashing rents, in some cases, by as much as half, and offering sweeteners to boost occupancy rates that have been hit hard by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-glut-of-unsold-flats-could-put-more-pressure-on-prices\/","url_meta":{"origin":115282,"position":5},"title":"Hong Kong\u2019s glut of unsold flats could put more pressure on prices","date":"February 12, 2019","format":false,"excerpt":"\r Hong Kong home builders could face greater pressure to slash \u00adprices as the number of completed but unsold new flats they held increased at the end of last year. Analysts said some home builders would offload stock by cutting prices by 5 per cent to 10 per cent from\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\/115282"}],"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=115282"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115282\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}