{"id":120798,"date":"2021-06-22T17:16:33","date_gmt":"2021-06-22T10:16:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ashgabat-wrecked-by-inflation-shoves-aside-hong-kong-as-worlds-costliest-expatriate-city\/"},"modified":"2021-07-18T17:05:02","modified_gmt":"2021-07-18T10:05:02","slug":"ashgabat-wrecked-by-inflation-shoves-aside-hong-kong-as-worlds-costliest-expatriate-city","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ashgabat-wrecked-by-inflation-shoves-aside-hong-kong-as-worlds-costliest-expatriate-city\/","title":{"rendered":"Ashgabat, wrecked by inflation, shoves aside Hong Kong as world\u2019s costliest expatriate city"},"content":{"rendered":"


\nAshgabat, the Turkmen capital with the world\u2019s largest concentration of white marble-finished buildings, has unseated Hong Kong from its three-year perch as the most expensive urban centre on earth for expatriates, according to Mercer\u2019s 2021 cost of living survey.The central Asian capital, where inflation slowed to 7.6 per cent last year from 13.3 per cent in 2018, surpassed Hong Kong in the top spot \u201cprimarily due to a continuing socio-economic crisis which has led to food shortages and\u2026
\n
\nSource : South China Morning Post
\nRead more…Ashgabat, wrecked by inflation, shoves aside Hong Kong as world\u2019s costliest expatriate city<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ashgabat, the Turkmen capital with the world\u2019s largest concentration of white marble-finished buildings, has unseated...<\/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-120798","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-vqm","jetpack-related-posts":[{"id":113026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-is-the-7th-most-expensive-city-in-asia-for-expats-to-live-survey\/","url_meta":{"origin":120798,"position":0},"title":"Singapore is the 7th most expensive city in Asia for expats to live: Survey","date":"December 12, 2019","format":false,"excerpt":"\r Singapore\u2019s rise is attributed to the strong Singapore Dollar.\u00a0\u00a0 Singapore is the seventh most expensive city in Asia for expats to live, and the 13th most expensive city globally, according to the latest\u00a0Cost of Living Survey by ECA International, reported Singapore Business Review. The city-state rose two spots and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/12\/Singapore-7th-most-expensive-cities-in-the-world-for-expats.png?fit=600%2C257&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":118985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worlds-costliest-office-market-shows-first-signs-of-weakness-as-hong-kong-withdraws-biggest-commercial-site-this-year-developer-cuts-rent-at-kai-tak-tower-by-20-per-cent\/","url_meta":{"origin":120798,"position":1},"title":"World\u2019s costliest office market shows first signs of weakness, as Hong Kong withdraws biggest commercial site this year, developer cuts rent at Kai Tak tower by 20 per cent","date":"October 21, 2020","format":false,"excerpt":"\r In the first signs of a slowdown in Hong Kong\u2019s office property market, the government withdrew this year\u2019s largest commercial site from tender, while Nan Fung Development lowered the asking rent for a grade A office tower under construction at Kai Tak by up to 20 per cent.Bids for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-center-is-back-in-hong-kong-hands-as-mainland-firm-pulls-out-of-buying-worlds-costliest-tower\/","url_meta":{"origin":120798,"position":2},"title":"The Center is back in Hong Kong hands as mainland firm pulls out of buying world\u2019s costliest tower","date":"February 27, 2018","format":false,"excerpt":"\r Two Hong Kong-based tycoons have emerged to replace a mainland Chinese shareholder in the consortium that bought Li Ka-shing\u2019s The Center tower, barely three months after the C.H.M.T Peaceful Development Asia Property group hogged the media spotlight as owners of the world\u2019s priciest office building. Pollyanna Chu, Hong Kong\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119239,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-banks-lose-appetite-for-prime-space-in-worlds-costliest-city-as-work-from-home-becomes-permanent-post-covid\/","url_meta":{"origin":120798,"position":3},"title":"Hong Kong banks lose appetite for prime space in world\u2019s costliest city as work-from-home becomes permanent post-Covid","date":"November 13, 2020","format":false,"excerpt":"\r Demand for Hong Kong\u2019s prime office space is likely to fall as some of the city\u2019s biggest banks, including Standard Chartered and HSBC, are considering more flexible working arrangements after their success during the coronavirus pandemic, according to market observers.Financial companies are some of the biggest commercial renters in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79005,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/priced-out-of-the-worlds-costliest-city-hong-kong-buyers-make-a-beeline-for-taiwan-property\/","url_meta":{"origin":120798,"position":4},"title":"Priced out of the world\u2019s costliest city, Hong Kong buyers make a beeline for Taiwan property","date":"February 6, 2018","format":false,"excerpt":"\r The appeal of holiday and retirement property in Taiwan is beginning to grow on Hongkongers, who see the island\u2019s alternative lifestyle and cheaper home prices as a major draw. Prices of flats that are only about a third of those in Hong Kong are among the main reasons capital\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115348,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expat-rents-in-singapore-increase-for-the-first-time-in-five-years\/","url_meta":{"origin":120798,"position":5},"title":"Expat rents in Singapore increase for the first time in five years","date":"April 2, 2020","format":false,"excerpt":"\r The average monthly rental for expatriates in Singapore rose 1.4% from last year to $6,069 (US$4,233) \u2013 its first increase in five years, showed a study by ECA International. ECA International\u2019s Regional Director for Asia Lee Quane attributed the uptick to an influx of overseas relocation, particularly by expats\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\/120798"}],"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=120798"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120798\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}