{"id":115712,"date":"2020-04-18T12:15:15","date_gmt":"2020-04-18T05:15:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-stingy-nanny-abates-and-outshines-hong-kong-with-rental-relief-to-ease-retail-pain-during-coronavirus-pandemic\/"},"modified":"2020-04-18T12:45:28","modified_gmt":"2020-04-18T05:45:28","slug":"singapores-stingy-nanny-abates-and-outshines-hong-kong-with-rental-relief-to-ease-retail-pain-during-coronavirus-pandemic","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-stingy-nanny-abates-and-outshines-hong-kong-with-rental-relief-to-ease-retail-pain-during-coronavirus-pandemic\/","title":{"rendered":"Singapore\u2019s \u2018stingy nanny\u2019 abates and outshines Hong Kong with rental relief to ease retail pain during coronavirus pandemic"},"content":{"rendered":"


\nSingapore was called a \u201cstingy nanny\u201d city state a decade ago, for a low welfare budget relative to its wealth as the world\u2019s third-richest country. That stinginess is changing, as Asian retailers confront their worst business slump in decades in a time of the coronavirus pandemic.Since the government unveiled S$60 billion (US$42 billion) in stimulus package two weeks ago, an A-list of landlords \u2013 some of which majority-owned by state investment arm \u2013 have rushed to share the goodies with\u2026
\n
\nSource : South China Morning Post
\nRead more…Singapore\u2019s \u2018stingy nanny\u2019 abates and outshines Hong Kong with rental relief to ease retail pain during coronavirus pandemic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore was called a \u201cstingy nanny\u201d city state a decade ago, for a low welfare...<\/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-115712","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-u6k","jetpack-related-posts":[{"id":119538,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-property-the-worst-may-finally-be-over-for-sector-jll-says-but-others-suggest-more-pain-ahead\/","url_meta":{"origin":115712,"position":0},"title":"Hong Kong retail property: the worst may finally be over for sector, JLL says, but others suggest more pain ahead","date":"December 15, 2020","format":false,"excerpt":"\r The worst may finally be over for Hong Kong retail property, with rents likely to pick up in 2021, according to JLL.The sector is forecast to report an increase in rental rates of between 0 per cent and 5 per cent, with a decline in retail sales narrowing over\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115504,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-office-market-outperforms-hong-kongs-as-the-rival-asian-hubs-battle-coronavirus-outbreak\/","url_meta":{"origin":115712,"position":1},"title":"Singapore\u2019s office market outperforms Hong Kong\u2019s as the rival Asian hubs battle coronavirus outbreak","date":"April 9, 2020","format":false,"excerpt":"\r Singapore\u2019s office market has weathered the coronavirus pandemic better than rival Hong Kong\u2019s, data shows, as the latter relies more heavily on mainland Chinese companies, many of which have bailed amid the crisis.\r\rPremium office rents in Singapore\u2019s central business district were unchanged from the fourth quarter of 2019, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retailers-stage-unprecedented-strike-in-14-shopping-centres-to-demand-lifeline-as-foot-traffic-plunges-amid-coronavirus-outbreak\/","url_meta":{"origin":115712,"position":2},"title":"Hong Kong retailers stage unprecedented strike in 14 shopping centres to demand lifeline as foot traffic plunges amid coronavirus outbreak","date":"February 18, 2020","format":false,"excerpt":"\r Fifty retailers shut their fashion outlets, restaurants and cafes in Hong Kong on Tuesday in an unprecedented strike to demand rental cuts, as plunging foot traffic caused by months of anti-government protests and a coronavirus outbreak threatens to decimate the industry.Confectioner Lady M, the French sportswear brand Lacoste distributed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-chinas-third-largest-developer-seeks-to-ease-coronavirus-pain-by-floating-additional-shares-in-hong-kong-and-raising-us1-billion\/","url_meta":{"origin":115712,"position":3},"title":"Vanke, China\u2019s third-largest developer, seeks to ease coronavirus pain by floating additional shares in Hong Kong and raising US$1 billion","date":"June 4, 2020","format":false,"excerpt":"\r China Vanke, the mainland\u2019s third-largest home builder, aims to raise HK$7.87 billion (US$1.01 billion) in fresh capital to repay overseas debt and boost its working capital by floating additional shares in Hong Kong.In a filing to the city\u2019s exchange on Thursday, Vanke said it will sell 315.59 million shares\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117616,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/glitz-and-glamour-of-monacos-luxury-property-outshines-dizzying-prices-in-hong-kong-and-new-york-markets\/","url_meta":{"origin":115712,"position":4},"title":"Glitz and glamour of Monaco\u2019s luxury property outshines dizzying prices in Hong Kong and New York markets","date":"July 7, 2020","format":false,"excerpt":"\r A combination of its small size and a friendly tax regime that attracts the world\u2019s wealthiest individuals to its shores has made the principality of Monaco the world\u2019s most expensive luxury property market, topping the likes of Hong Kong, New York, London and Paris, according to Savills.A home in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-singapores-office-rents-outprice-hong-kong-as-alibaba-bytedance-tencent-set-up-shop-in-rival-financial-hub\/","url_meta":{"origin":115712,"position":5},"title":"Can Singapore\u2019s office rents outprice Hong Kong as Alibaba, ByteDance, Tencent set up shop in rival financial hub?","date":"April 6, 2021","format":false,"excerpt":"\r Singapore\u2019s office rents have a long way to go before matching Hong Kong\u2019s, even after half a dozen of mainland China\u2019s largest technology behemoths piled into the city state in recent months to set up their regional hubs, analysts said.The average monthly rent for Singapore\u2019s grade A office space\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\/115712"}],"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=115712"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115712\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}