{"id":120680,"date":"2021-04-06T12:00:13","date_gmt":"2021-04-06T05:00:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-singapores-office-rents-outprice-hong-kong-as-alibaba-bytedance-tencent-set-up-shop-in-rival-financial-hub\/"},"modified":"2021-07-18T17:04:04","modified_gmt":"2021-07-18T10:04:04","slug":"can-singapores-office-rents-outprice-hong-kong-as-alibaba-bytedance-tencent-set-up-shop-in-rival-financial-hub","status":"publish","type":"post","link":"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\/","title":{"rendered":"Can Singapore\u2019s office rents outprice Hong Kong as Alibaba, ByteDance, Tencent set up shop in rival financial hub?"},"content":{"rendered":"


\nSingapore\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 may drop by 6 per cent this year to S$9.01 (US$6.72) per square foot, following the 10 per cent plunge in 2020, as the coronavirus pandemic crimped businesses and forced many to postpone their\u2026
\n
\nSource : South China Morning Post
\nRead more…Can Singapore\u2019s office rents outprice Hong Kong as Alibaba, ByteDance, Tencent set up shop in rival financial hub?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore\u2019s office rents have a long way to go before matching Hong Kong\u2019s, even after...<\/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-120680","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-vos","jetpack-related-posts":[{"id":121639,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-narrows-gap-with-hong-kong-in-terms-of-prime-office-rents-and-prices-as-chinese-tech-giants-expand-in-lion-city\/","url_meta":{"origin":120680,"position":0},"title":"Singapore narrows gap with Hong Kong in terms of prime office rents and prices, as Chinese tech giants expand in Lion City","date":"August 25, 2021","format":false,"excerpt":"\r Singapore\u2019s office property market is gradually catching up with that of Hong Kong, the Lion City\u2019s rival business hub, in terms of rents and prices, with Chinese technology giants such as Alibaba Group Holding, Tencent Holdings and ByteDance expanding in the city state.The gap peaked in 2017, when Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140309,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-home-rents-rose-as-singapores-fell-amid-contrasting-market-conditions-in-third-quarter\/","url_meta":{"origin":120680,"position":1},"title":"Hong Kong luxury home rents rose as Singapore\u2019s fell amid contrasting market conditions in third quarter","date":"November 15, 2023","format":false,"excerpt":"\r Hong Kong\u2019s luxury home rents rose 1 per cent in the third quarter from the previous three-month period, while Singapore\u2019s slipped by 1.7 per cent, highlighting the contrasting fortunes of Asia\u2019s rival business hubs, Knight Frank said.\r \r Source : South China Morning Post\r Read more...Hong Kong luxury home\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134560,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-soaring-housing-rent-tops-hong-kong-reducing-lion-citys-advantage-in-luring-global-talent\/","url_meta":{"origin":120680,"position":2},"title":"Singapore\u2019s soaring housing rent tops Hong Kong, reducing Lion City\u2019s advantage in luring global talent","date":"February 19, 2023","format":false,"excerpt":"\r Singapore home rents surged nearly 30 per cent last year, catching up with the notoriously high rents in rival finance hub Hong Kong and reducing one of the Lion City\u2019s advantages in the war for talent.\r \r Source : South China Morning Post\r Read more...Singapore\u2019s soaring housing rent tops\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":120680,"position":3},"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":131404,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tencent-bytedance-alibaba-founders-see-fortunes-plunge-as-china-billionaire-list-loses-nearly-300-members\/","url_meta":{"origin":120680,"position":4},"title":"Tencent, ByteDance, Alibaba founders see fortunes plunge as China billionaire list loses nearly 300 members","date":"November 8, 2022","format":false,"excerpt":"\r A total of 293 billionaires drop off the Hurun China Rich List, as Tencent\u2019s Pony Ma, ByteDance\u2019s Zhang Yiming and Alibaba\u2019s Jack Ma see their fortunes plunge by as much as 32 per cent.\r \r Source : South China Morning Post\r Read more...Tencent, ByteDance, Alibaba founders see fortunes plunge\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135843,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tapering-relocation-moves-from-hong-kong-looming-slowdown-threaten-singapore-office-rents-after-stellar-run\/","url_meta":{"origin":120680,"position":5},"title":"Tapering relocation moves from Hong Kong, looming slowdown threaten Singapore office rents after stellar run","date":"April 10, 2023","format":false,"excerpt":"\r An end to Hong Kong-based companies\u2019 relocation plans and an anticipated slowdown in Singapore\u2019s economy will weigh on the city state\u2019s office rents, which rose 5.9 per cent last year.\r \r Source : South China Morning Post\r Read more...Tapering relocation moves from Hong Kong, looming slowdown threaten Singapore office\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\/120680"}],"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=120680"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120680\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}