{"id":124737,"date":"2022-02-27T16:25:33","date_gmt":"2022-02-27T09:25:33","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-hong-kong-finance-chief-calls-for-solidarity-as-he-asks-big-landlords-to-offer-rental-aid-to-struggling-tenants\/"},"modified":"2022-02-27T17:03:03","modified_gmt":"2022-02-27T10:03:03","slug":"coronavirus-hong-kong-finance-chief-calls-for-solidarity-as-he-asks-big-landlords-to-offer-rental-aid-to-struggling-tenants","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-hong-kong-finance-chief-calls-for-solidarity-as-he-asks-big-landlords-to-offer-rental-aid-to-struggling-tenants\/","title":{"rendered":"Coronavirus Hong Kong: finance chief calls for \u2018solidarity\u2019 as he asks big landlords to offer rental aid to struggling tenants"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s financial chief weighed in on discussions on whether developers and big landlords should offer rental aid to struggling tenants, saying on Sunday they should provide \u201cbreathing space\u201d to help businesses ride out the fifth wave of Covid-19 infections.Financial Secretary Paul Chan Mo-po\u2019s appeal came a day after Chief Executive Carrie Lam Cheng Yuet-ngor urged developers \u201cto ramp up their battle against the pandemic by giving rental waivers to the affected tenants and relieving their\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/news\/hong-kong\/hong-kong-economy\/article\/3168575\/coronavirus-hong-kong-finance-chief-calls?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Coronavirus Hong Kong: finance chief calls for \u2018solidarity\u2019 as he asks big landlords to offer rental aid to struggling tenants<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s financial chief weighed in on discussions on whether developers and big landlords should&#46;&#46;&#46;<\/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-124737","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-wrT","jetpack-related-posts":[{"id":157496,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-cant-hong-kong-retail-landlords-cut-rents-for-struggling-tenants\/","url_meta":{"origin":124737,"position":0},"title":"Why can\u2019t Hong Kong retail landlords cut rents for struggling tenants?","date":"July 13, 2025","format":false,"excerpt":"\r In a commercial rental market beset by high vacancy rates, many Hong Kong landlords feel stuck between a rock and a hard place: giving tenants a break on rent makes it harder to pay mortgages and threatens asset value, but holding the line on rent runs the risk of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-rents-might-need-to-be-halved-for-tenants-landlords-to-survive-coronavirus-outbreak-developer-says\/","url_meta":{"origin":124737,"position":1},"title":"Hong Kong retail rents might need to be halved for tenants, landlords to survive coronavirus outbreak, developer says","date":"April 3, 2020","format":false,"excerpt":"\r Hong Kong\u2019s retail landlords might have to cut rents by 50 per cent to attract new tenants amid a worsening outbreak of the novel coronavirus, one of the city\u2019s richest developers said.\u201cFor these few months, you\u2019ll probably see a 50 per cent cut in rents for the retail sector,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115188,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worlds-costliest-offices-are-poised-to-enter-tenants-market-as-hong-kong-businesses-reel-from-coronavirus-protest-movement\/","url_meta":{"origin":124737,"position":2},"title":"World\u2019s costliest offices are poised to enter tenants\u2019 market as Hong Kong businesses reel from coronavirus, protest movement","date":"March 27, 2020","format":false,"excerpt":"\r Hong Kong\u2019s notoriously pricey office rental sector is fast becoming a tenants\u2019 market as last year\u2019s protest movement and the current coronavirus pandemic have prompted struggling companies to bail on their leases.A huge increase in firms, from co-working space providers to finance companies and retailers, abandoning their offices before\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119337,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/desperate-hong-kong-office-landlords-may-ditch-fixed-monthly-rent-for-membership-schemes-to-lure-tenants-as-covid-19-changes-work-habits-says-jll\/","url_meta":{"origin":124737,"position":3},"title":"Desperate Hong Kong office landlords may ditch fixed monthly rent for \u2018membership\u2019 schemes to lure tenants as Covid-19 changes work habits, says JLL","date":"November 25, 2020","format":false,"excerpt":"\r Hong Kong\u2019s office rental market is likely to undergo a radical change, with some landlords switching to a \u201ctiered membership\u201d model similar to that used by co-working space providers, according to property services giant JLL.As the Covid-19 pandemic continues to wreak havoc in the world\u2019s most expensive commercial property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-coronavirus-landlords-not-helping-in-crisis-renters-say\/","url_meta":{"origin":124737,"position":4},"title":"Covid 19 coronavirus: Landlords not helping in crisis, renters say","date":"April 15, 2020","format":false,"excerpt":"\r By Nita Blake-Persen of RNZ Tenants struggling to pay the rent as the lockdown drags on say calls for landlords to show compassion are going unanswered.A pause on mortgage payments has not trickled down to rental deferrals for...\r \r Source : nzherald.co.nz\/Property\r Read more...Covid 19 coronavirus: Landlords not helping\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-stand-off-turns-nasty-with-landlords-suing-tenants-to-recover-arrears-as-recession-deepens\/","url_meta":{"origin":124737,"position":5},"title":"Hong Kong retail stand-off turns nasty with landlords suing tenants to recover arrears as recession deepens","date":"August 21, 2020","format":false,"excerpt":"\r The months-long stand-off between Hong Kong\u2019s commercial landlords and retailers is taking a turn for the worse, as a third wave of coronavirus outbreak amid the city\u2019s worst recession crimped retail sales, pushing many businesses to the brink of bankruptcy.Harbour City, one of Hong Kong\u2019s best-known luxury shopping centres\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124737"}],"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=124737"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124737\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}