{"id":119602,"date":"2020-12-24T07:30:15","date_gmt":"2020-12-24T00:30:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-property-agency-looks-beyond-hong-kong-gloom-to-promise-of-greater-bay-area-opportunities\/"},"modified":"2020-12-24T08:04:12","modified_gmt":"2020-12-24T01:04:12","slug":"new-property-agency-looks-beyond-hong-kong-gloom-to-promise-of-greater-bay-area-opportunities","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-property-agency-looks-beyond-hong-kong-gloom-to-promise-of-greater-bay-area-opportunities\/","title":{"rendered":"New property agency looks beyond Hong Kong gloom to promise of Greater Bay Area opportunities"},"content":{"rendered":"<p>&#013;<br \/>\nAmid the fourth wave of coronavirus cases in Hong Kong, a new property agency opened its doors on Wednesday riding on optimism about the Greater Bay Area development zone.&#013;&#013;Hong Kong\u2019s property market has taken a beating from the pandemic, but Kenneth Kwok, the co-founder of Xifeng Property Group, has instead cashed in on lower retail rents and manpower costs to set up his 200 sq ft office in Mong Kok. He pays a monthly rent of about HK$15,000 (US$1,934), half of what it would have been during\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3115166\/new-property-agency-looks-beyond-hong-kong-gloom-promise-greater\" target=\"_blank\">New property agency looks beyond Hong Kong gloom to promise of Greater Bay Area opportunities<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Amid the fourth wave of coronavirus cases in Hong Kong, a new property agency opened&#46;&#46;&#46;<\/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-119602","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-v74","jetpack-related-posts":[{"id":118377,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mainland-property-developers-drawn-to-greater-bay-area-city-jiangmen-by-promise-of-cheap-land-development-potential\/","url_meta":{"origin":119602,"position":0},"title":"Hong Kong, mainland property developers drawn to Greater Bay Area city Jiangmen by promise of cheap land, development potential","date":"August 26, 2020","format":false,"excerpt":"\r Jiangmen, a city in Guangdong province that is also part of Beijing\u2019s Greater Bay Area development zone, is attracting interest from mainland Chinese as well as Hong Kong-based property developers.Several companies are looking at the city of 4.6 million people that is about two to three hours from Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105933,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/macau-group-targets-rich-hong-kong-retirees-with-promise-of-better-quality-of-life-in-greater-bay-area\/","url_meta":{"origin":119602,"position":1},"title":"Macau group targets rich Hong Kong retirees with promise of better quality of life in Greater Bay Area","date":"April 10, 2019","format":false,"excerpt":"\r A Macau conglomerate is targeting Hong Kong\u2019s affluent retirees, urging them to leave the city\u2019s cramped retirement homes for a better quality of life across the border in the Greater Bay Area.\u201cIt is time for Hong Kong\u2019s retired people to embrace high-end housing and services,\u201d said Amber Li, founder\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138327,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/greater-bay-area-will-chinas-property-slump-foil-hong-kong-developers-multibillion-dollar-bets\/","url_meta":{"origin":119602,"position":2},"title":"Greater Bay Area: will China\u2019s property slump foil Hong Kong developers\u2019 multibillion-dollar bets?","date":"July 15, 2023","format":false,"excerpt":"\r Some of Hong Kong\u2019s top developers have made huge forays into the mainland\u2019s Greater Bay Area cities, investing in an array of real estate projects. While they are well-placed to take advantage of opportunities given the crisis facing their mainland rivals, the economic situation warrants caution, analysts say.\r \r\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-hong-kong-developers-are-adapting-to-the-new-normal-in-the-greater-bay-area\/","url_meta":{"origin":119602,"position":3},"title":"How Hong Kong developers are adapting to the \u2018new normal\u2019 in the Greater Bay Area","date":"July 26, 2026","format":false,"excerpt":"\r Hong Kong developers operating in the Greater Bay Area are having to adapt to the ongoing debt crisis in mainland China\u2019s property sector, which has led to deep and lasting changes in the nature and motivations of their buyers, according to agencies dealing in mainland real estate. Before the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148864,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-market-gloom-has-become-self-fulfilling-prophecy\/","url_meta":{"origin":119602,"position":4},"title":"Hong Kong property market gloom has become self-fulfilling prophecy","date":"January 20, 2025","format":false,"excerpt":"\r There are good reasons Hong Kong\u2019s real estate market keeps underperforming regional peers, but the prevailing narrative is too pessimistic.\r \r Source : South China Morning Post\r Read more...Hong Kong property market gloom has become self-fulfilling prophecy","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mortgage-relaxation-yet-to-lift-secondary-market-out-of-interest-rate-hike-gloom\/","url_meta":{"origin":119602,"position":5},"title":"Hong Kong mortgage relaxation yet to lift secondary market out of interest rate hike gloom","date":"July 18, 2023","format":false,"excerpt":"\r Hong Kong\u2019s first mortgage policy relaxation in 14 years has yet to bring cheer to the city\u2019s secondary housing market in the 10 days since its introduction.\r \r Source : South China Morning Post\r Read more...Hong Kong mortgage relaxation yet to lift secondary market out of interest rate hike\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119602"}],"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=119602"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119602\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}