{"id":121639,"date":"2021-08-25T06:30:14","date_gmt":"2021-08-24T23:30:14","guid":{"rendered":"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\/"},"modified":"2021-08-25T07:08:56","modified_gmt":"2021-08-25T00:08:56","slug":"singapore-narrows-gap-with-hong-kong-in-terms-of-prime-office-rents-and-prices-as-chinese-tech-giants-expand-in-lion-city","status":"publish","type":"post","link":"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\/","title":{"rendered":"Singapore narrows gap with Hong Kong in terms of prime office rents and prices, as Chinese tech giants expand in Lion City"},"content":{"rendered":"


\nSingapore\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 Kong office rents equalled 173 per cent of the rents charged in Singapore, according to Cushman & Wakefield. Last year, the distance between the rents charged in both cities stood at 108 per\u2026
\n
\nSource : South China Morning Post
\nRead more…Singapore narrows gap with Hong Kong in terms of prime office rents and prices, as Chinese tech giants expand in Lion City<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore\u2019s office property market is gradually catching up with that of Hong Kong, the Lion...<\/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-121639","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-vDV","jetpack-related-posts":[{"id":127096,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-may-attract-more-chinese-firms-as-office-rental-cost-gap-narrows-between-greater-bay-area-cities-and-hong-kong\/","url_meta":{"origin":121639,"position":0},"title":"Kowloon may attract more Chinese firms as office-rental cost gap narrows between Greater Bay Area cities and Hong Kong","date":"June 21, 2022","format":false,"excerpt":"\r The average office rent fell nearly 10 per cent in May in Kowloon, leaving rents in the parts of the district close to what they are in Shenzhen and Guangzhou.\r \r Source : South China Morning Post\r Read more...Kowloon may attract more Chinese firms as office-rental cost gap narrows\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":121639,"position":1},"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":147280,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/discounted-rents-help-mainland-chinese-retailers-snag-prime-spots-in-hong-kong\/","url_meta":{"origin":121639,"position":2},"title":"Discounted rents help mainland Chinese retailers snag prime spots in Hong Kong","date":"October 3, 2024","format":false,"excerpt":"\r The slumping retail market is forcing landlords to extend deeper discounts, providing opportunities for brands to expand in the city.\r \r Source : South China Morning Post\r Read more...Discounted rents help mainland Chinese retailers snag prime spots in Hong Kong","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":165593,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-and-singapore-prime-office-rents-set-to-equalise-by-2027-cbre\/","url_meta":{"origin":121639,"position":3},"title":"Hong Kong and Singapore prime office rents set to equalise by 2027: CBRE","date":"November 24, 2025","format":false,"excerpt":"\r Prime office rents in Hong Kong and Singapore are expected to reach parity within two years, driven by diverging dynamics in demand and supply for office properties in the rival business hubs, according to CBRE. By the fourth quarter of 2027, tenants in premium office spaces in Hong Kong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-heights-for-hong-kong-prime-office-rents-as-mainland-companies-fuel-demand\/","url_meta":{"origin":121639,"position":4},"title":"New heights for Hong Kong prime office rents, as mainland companies fuel demand","date":"October 25, 2017","format":false,"excerpt":"\r Hong Kong has become even more costly in terms of high-end office space, as strong demand among mainland Chinese companies continues to push up rents in the central business district, according to data for the first three quarters of the year. Grade A office rents in Hong Kong rose\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147968,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-rush-into-hong-kong-property-amid-low-prices-and-rates-high-rents\/","url_meta":{"origin":121639,"position":5},"title":"Mainland Chinese buyers rush into Hong Kong property amid low prices and rates, high rents","date":"November 4, 2024","format":false,"excerpt":"\r Home purchases by mainland buyers surged 69 per cent in the first nine months of the year, accounting for nearly a quarter of transactions.\r \r Source : South China Morning Post\r Read more...Mainland Chinese buyers rush into Hong Kong property amid low prices and rates, high rents","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\/121639"}],"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=121639"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121639\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}