{"id":115596,"date":"2020-04-14T06:00:14","date_gmt":"2020-04-13T23:00:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-rents-are-declining-so-fast-some-investors-might-not-recover-mortgage-payments\/"},"modified":"2020-04-14T06:07:36","modified_gmt":"2020-04-13T23:07:36","slug":"hong-kong-home-rents-are-declining-so-fast-some-investors-might-not-recover-mortgage-payments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-rents-are-declining-so-fast-some-investors-might-not-recover-mortgage-payments\/","title":{"rendered":"Hong Kong home rents are declining so fast, some investors might not recover mortgage payments"},"content":{"rendered":"


\nSome investors who bought property in Hong Kong during a mid-2019 peak in prices might not even recover their monthly mortgage payments, as rents continue their headlong dive, industry experts said.Average rents have fallen in Hong Kong for eight consecutive months now \u2013 a decline totalling 10.6 per cent up until last month. Of this, a decline of 4.2 per cent was recorded over just the past two months, during the Covid-19 outbreak, according to data from Centaline Property Agency.The outbreak\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong home rents are declining so fast, some investors might not recover mortgage payments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Some investors who bought property in Hong Kong during a mid-2019 peak in prices might...<\/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-115596","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-u4s","jetpack-related-posts":[{"id":118743,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-office-rents-expected-to-decline-30-per-cent-this-year-as-work-from-home-becomes-more-common-in-mid-to-long-term\/","url_meta":{"origin":115596,"position":0},"title":"Hong Kong office rents expected to decline 30 per cent this year, as work from home becomes more common in mid to long term","date":"September 27, 2020","format":false,"excerpt":"\r Hong Kong\u2019s office leasing market faces a new low this year, with rents declining by as much as 30 per cent, as companies assess their need for space and adopt work from home arrangements because of the coronavirus pandemic, analysts said.Office rents in the city\u2019s Central business district fell\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-home-rents-recover-as-mainland-chinese-executives-flush-with-ipo-funds-drive-leasing-deals\/","url_meta":{"origin":115596,"position":1},"title":"Hong Kong\u2019s luxury home rents recover as mainland Chinese executives flush with IPO funds drive leasing deals","date":"July 14, 2021","format":false,"excerpt":"\r Luxury home rents are back on the rise, ending eight consecutive quarters of decline, as mainland Chinese executives, flush with funds from successful initial public offerings in Hong Kong, drive leasing transactions at the top end of the market, say property agents.Rents for luxury homes jumped 5 per cent\u2026","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":115596,"position":2},"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":76192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/increase-in-hong-kong-mortgage-rate-will-make-renting-cheaper-in-seven-out-of-10-housing-estates\/","url_meta":{"origin":115596,"position":3},"title":"Increase in Hong Kong mortgage rate will make renting cheaper in seven out of 10 housing estates","date":"January 10, 2018","format":false,"excerpt":"\r Seven out of 10 housing estates might find buyers discouraged as renting will become cheaper than mortgage payments when the mortgage rate increases to 3 per cent, which might also finally cool housing prices in the world\u2019s least affordable urban centre to live in, according to research conducted exclusively\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retailers-shrug-redraw-hong-kong-expansion-plans-as-rents-drop\/","url_meta":{"origin":115596,"position":4},"title":"Retailers shrug, redraw Hong Kong expansion plans as rents drop","date":"July 11, 2017","format":false,"excerpt":"\r Six out of 10 international and local retailers plan to open new stores in Hong Kong next year, after rents in core shopping districts have plunged 41.2 per cent from the market peak in 2014, according to a survey conducted by JLL. JLL said it had surveyed 50 international\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":115596,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115596"}],"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=115596"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115596\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}