{"id":119854,"date":"2021-01-26T07:30:07","date_gmt":"2021-01-26T00:30:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/cheap-rents-beckon-hong-kong-residents-as-serviced-apartment-operators-slash-rates-throw-in-freebies-to-boost-occupancy\/"},"modified":"2021-01-26T08:04:35","modified_gmt":"2021-01-26T01:04:35","slug":"cheap-rents-beckon-hong-kong-residents-as-serviced-apartment-operators-slash-rates-throw-in-freebies-to-boost-occupancy","status":"publish","type":"post","link":"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\/","title":{"rendered":"Cheap rents beckon Hong Kong residents as serviced apartment operators slash rates, throw in freebies to boost occupancy"},"content":{"rendered":"


\nResidents 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 travel restrictions and a sharp decline in relocations because of the coronavirus pandemic.\u201cWhilst hotels can entice locals with attractive staycation packages, serviced apartments rely heavily on\u2026
\n
\nSource : South China Morning Post
\nRead more…Cheap rents beckon Hong Kong residents as serviced apartment operators slash rates, throw in freebies to boost occupancy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Residents and expatriates in the world\u2019s most expensive city now have a chance to make...<\/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-119854","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-vb8","jetpack-related-posts":[{"id":111046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hoteliers-issue-sos-as-plunging-rates-touch-us9-a-night-and-occupancy-hits-20-per-cent-amid-protests\/","url_meta":{"origin":119854,"position":0},"title":"Hong Kong hoteliers issue SOS as plunging rates touch US$9 a night and occupancy hits 20 per cent amid protests","date":"September 25, 2019","format":false,"excerpt":"\r Hong Kong hotel operators have called on the government to waive rents and even allow properties to offer empty rooms on long-term leases, or for sale, as a way of survival amid a steep decline in occupancy and rates brought on by 16 weeks of protests in the city.At\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8196,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ascott-to-open-serviced-apartment-in-one-north\/","url_meta":{"origin":119854,"position":1},"title":"Ascott to open serviced apartment in one-north","date":"March 7, 2016","format":false,"excerpt":"\r Citadines Fusionopolis Singapore. (Photo: JTC) Serviced residence owner-operator The Ascott Limited has secured a serviced apartment at one-north business park through a lease awarded by JTC Corporation. The 50-unit property is currently operating and will be rebranded to Citadines Fusionopolis Singapore from 1 April 2016. \u201cWith its choice location\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":119854,"position":2},"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":115282,"url":"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\/","url_meta":{"origin":119854,"position":3},"title":"Hong Kong\u2019s co-living operators slash prices by up to half as people observe Covid-19 social-distancing guidelines","date":"March 31, 2020","format":false,"excerpt":"\r Operators 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/late-casino-tycoon-fu-tak-iams-family-buys-hong-kong-serviced-flats-for-us71-million\/","url_meta":{"origin":119854,"position":4},"title":"Late casino tycoon Fu Tak-iam\u2019s family buys Hong Kong serviced flats for US$71 million","date":"December 11, 2025","format":false,"excerpt":"\r A company linked to the family of late Macau casino pioneer Fu Tak-iam bought a serviced-apartment property in Hong Kong\u2019s Wan Chai district for about HK$550 million (US$71 million) amid renewed investor appetite for rental assets in the city. Pleasure Properties was identified as the buyer of CHI 138,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-takes-hong-kong-lifestyle-to-another-level-set-to-launch-priciest-serviced-apartments\/","url_meta":{"origin":119854,"position":5},"title":"New World Development takes Hong Kong lifestyle to another level, set to launch priciest serviced apartments","date":"April 18, 2019","format":false,"excerpt":"\r New World Development is set to displace Four Seasons Place as the operator of Hong Kong\u2019s most expensive serviced apartments.Agents say NWD plans to offer leases at its K11 Artus serviced apartment development, part of the US$2.6 billion Victoria Dockside project in Tsim Sha Tsui, for a third more\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\/119854"}],"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=119854"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119854\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}