{"id":116826,"date":"2020-06-02T11:00:12","date_gmt":"2020-06-02T04:00:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-and-the-end-of-the-amateur-landlord-in-hong-kong-and-elsewhere\/"},"modified":"2020-06-02T11:03:19","modified_gmt":"2020-06-02T04:03:19","slug":"covid-19-and-the-end-of-the-amateur-landlord-in-hong-kong-and-elsewhere","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-and-the-end-of-the-amateur-landlord-in-hong-kong-and-elsewhere\/","title":{"rendered":"Covid-19 and the end of the amateur landlord in Hong Kong and elsewhere"},"content":{"rendered":"


\nReal estate is in Hong Kong\u2019s DNA. Government-induced land shortages, easy access to credit and a growing population made local property a good investment and the source of many family fortunes. Start with a 400-square-foot flat in Tai Po, trade up to a slightly larger unit in Sha Tin, rinse-and-repeat, and with a little luck you\u2019d soon own a luxurious home in Mid-Levels.Buying property abroad was a popular next step. Astronomical local prices and the peg-based strength of the Hong Kong dollar\u2026
\n
\nSource : South China Morning Post
\nRead more…Covid-19 and the end of the amateur landlord in Hong Kong and elsewhere<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Real estate is in Hong Kong\u2019s DNA. Government-induced land shortages, easy access to credit and...<\/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-116826","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-uoi","jetpack-related-posts":[{"id":121382,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-rents-will-rise-thanks-to-economic-recovery-from-covid-19-government-consumption-vouchers-scheme-says-hysan-development\/","url_meta":{"origin":116826,"position":0},"title":"Hong Kong retail rents will rise thanks to economic recovery from Covid-19, government consumption vouchers scheme, says Hysan Development","date":"August 11, 2021","format":false,"excerpt":"\r Hysan Development, the largest commercial landlord in Causeway Bay, expects retail rents to rise thanks to Hong Kong\u2019s economic recovery and the consumption vouchers handed out by the government.Sales and footfall in shopping centres have increased with the government\u2019s distribution of HK$5,000 (US$642.56) consumption vouchers to each Hongkonger this\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103835,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-billionaire-threatens-to-sue-london-landlord\/","url_meta":{"origin":116826,"position":1},"title":"Hong Kong billionaire threatens to sue London landlord","date":"February 9, 2019","format":false,"excerpt":"\r Langham Estate owner accuses Shaftesbury of diluting his holding with share placing\r \r Source : ft.com\r Read more...Hong Kong billionaire threatens to sue London landlord","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116063,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-a-first-hong-kong-health-care-firm-allots-shares-to-landlord-to-offset-rent-amid-coronavirus-ravaged-economy\/","url_meta":{"origin":116826,"position":2},"title":"In a first, Hong Kong health care firm allots shares to landlord to offset rent amid coronavirus ravaged economy","date":"May 5, 2020","format":false,"excerpt":"\r Hong Kong-based Union Medical Healthcare has found a unique way of meeting its rent obligation amid an economy ravaged by the coronavirus pandemic.In a first, the company, which provides medical and health care services through 56 clinics and service centres in Hong Kong, Macau and mainland China, has allotted\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87729,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exclusive-hong-kong-bankers-club-in-central-to-make-way-for-restaurant-as-landlord-wont-renew-lease\/","url_meta":{"origin":116826,"position":3},"title":"Exclusive Hong Kong Bankers Club in Central to make way for restaurant as landlord won\u2019t renew lease","date":"May 11, 2018","format":false,"excerpt":"\r The Hong Kong Bankers Club is looking for a new home as the landlord Hongkong Land wants to lease its 7,000 square feet premises in Gloucester Tower to a restaurant operator in a bid to attract more traffic to its interconnected Landmark shopping centre, according to people familiar with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112336,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-malls-landlord-link-reit-is-discussing-rent-relief-with-tenants-at-10-protest-hit-shopping-centres-company-says\/","url_meta":{"origin":116826,"position":4},"title":"Hong Kong malls landlord Link Reit is discussing rent relief with tenants at 10 protest-hit shopping centres, company says","date":"November 13, 2019","format":false,"excerpt":"\r Link Reit, Asia\u2019s largest real-estate investment trust, is discussing rent relief with tenants at 10 of its malls in Hong Kong, it said during the announcement of its interim results on Wednesday. The city\u2019s ongoing anti-government protests have disrupted transport and forced many shops to close early or stay\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shopping-centre-landlord-wharf-reic-reports-10-per-cent-increase-in-first-half-revenue-rues-absence-of-tourists\/","url_meta":{"origin":116826,"position":5},"title":"Hong Kong shopping centre landlord Wharf Reic reports 10 per cent increase in first-half revenue, rues absence of tourists","date":"August 6, 2021","format":false,"excerpt":"\r Although retail sales might have bottomed out in Hong Kong, rental incomes will remain under tremendous pressure until border controls are relaxed, according to Wharf Real Estate Investment Company (Reic), the owner of shopping centres Harbour City and Times Square.Vacancies and weaker market rents continued to depress rental incomes,\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\/116826"}],"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=116826"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116826\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=116826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=116826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=116826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}