{"id":120764,"date":"2021-07-03T11:45:07","date_gmt":"2021-07-03T04:45:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-coronavirus-shops-change-hands-at-a-faster-pace-as-owners-bet-on-a-retail-sales-revival-amid-tapering-covid-19\/"},"modified":"2021-07-18T17:04:46","modified_gmt":"2021-07-18T10:04:46","slug":"hong-kong-coronavirus-shops-change-hands-at-a-faster-pace-as-owners-bet-on-a-retail-sales-revival-amid-tapering-covid-19","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-coronavirus-shops-change-hands-at-a-faster-pace-as-owners-bet-on-a-retail-sales-revival-amid-tapering-covid-19\/","title":{"rendered":"Hong Kong coronavirus: shops change hands at a faster pace as owners bet on a retail sales revival amid tapering Covid-19"},"content":{"rendered":"


\nHong Kong\u2019s improving economy and a rebound in retail sales is spurring investors to bet on shops, as they expect the real estate segment to be among the first to benefit from the rising domestic consumption.The optimism has seen some early investors, including one mainland-backed company, make some big-ticket purchases last month.The number of transactions for shops could total 1,400 in the second half alone, compared to the 901 deals recorded in the first half, as more investors pile into the\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong coronavirus: shops change hands at a faster pace as owners bet on a retail sales revival amid tapering Covid-19<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s improving economy and a rebound in retail sales is spurring investors to bet...<\/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-120764","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-vpO","jetpack-related-posts":[{"id":118639,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-sector-fortunes-polarised-as-fresh-food-shops-get-pandemic-boost\/","url_meta":{"origin":120764,"position":0},"title":"Hong Kong retail sector fortunes polarised as fresh food shops get pandemic boost","date":"September 16, 2020","format":false,"excerpt":"\r Hong Kong\u2019s shops have become more polarised during the coronavirus crisis, say industry players. Those selling fresh produce are doing a roaring trade while other high-street retailers struggle amid a near-total lack of tourists.Shops selling fresh meat, fish and other perishable goods \u2013 the kind of produce available in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118741,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-biggest-weekend-of-home-sales-in-14-months-gets-off-to-a-good-start-as-tapering-covid-19-outbreak-boosts-sentiments\/","url_meta":{"origin":120764,"position":1},"title":"Hong Kong\u2019s biggest weekend of home sales in 14 months gets off to a good start as tapering Covid \u2013 19 outbreak boosts sentiments","date":"September 26, 2020","format":false,"excerpt":"\r Hong Kong\u2019s largest property sale weekend in more than a year got off to a good start, with long queues of buyers trying to get their hands on 726 flats on offer in six locations, amid improving sentiments as the city\u2019s coronavirus outbreak came under control.Buyers snapped up about\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shops-in-causeway-bay-see-sales-hit-by-hong-kong-protests-says-landlord-hang-lung-as-retail-rents-seen-tanking\/","url_meta":{"origin":120764,"position":2},"title":"Shops in Causeway Bay see sales hit by Hong Kong protests, says landlord Hang Lung, as retail rents seen tanking","date":"July 30, 2019","format":false,"excerpt":"\r Hong Kong\u2019s retail sector has been hit by weeks of protests that have frequently descended into violence, according to Hang Lung Properties, a major landlord in one of the city\u2019s best known shopping areas.The company\u2019s chief executive Weber Lo said the mass rallies had damaged sales of its tenants\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-sales-could-sink-up-to-50-per-cent-as-city-shuts-out-chinese-visitors-amid-coronavirus-outbreak\/","url_meta":{"origin":120764,"position":3},"title":"Hong Kong\u2019s retail sales could sink up to 50 per cent as city shuts out Chinese visitors amid coronavirus outbreak","date":"February 19, 2020","format":false,"excerpt":"\r Retail sales in Hong Kong could plunge by as much as half, as most of the city\u2019s borders with China remain shut amid the Covid-19 outbreak and its impact could be more severe on the sector than the months-long social unrest, according to the CEO of Sunlight Real Estate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retail-rift-hong-kong-shops-plead-for-rent-relief-landlords-see-improving-market\/","url_meta":{"origin":120764,"position":4},"title":"Retail rift: Hong Kong shops plead for rent relief, landlords see improving market","date":"July 17, 2026","format":false,"excerpt":"\r Although retail sales in Hong Kong rose more than 10 per cent year on year in the first five months of 2026, a wave of shop closures continues, leaving tenants and landlords with vastly different assessments of the retail leasing market. Many tenants say that despite racking their brains\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115554,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-investors-drawn-to-japanese-property-as-shops-in-prime-areas-sell-for-discounts-of-up-to-30-per-cent\/","url_meta":{"origin":120764,"position":5},"title":"Hong Kong investors drawn to Japanese property as shops in prime areas sell for discounts of up to 30 per cent","date":"April 12, 2020","format":false,"excerpt":"\r Hong Kong investors are willing to take a risk on Japanese property even as the Covid-19 outbreak and postponement of the Tokyo Olympics dampens economic sentiment in the world\u2019s third largest economy.Shop prices in prime locations in Tokyo and Osaka that had held firm for more than a decade,\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\/120764"}],"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=120764"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120764\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}