{"id":131767,"date":"2022-11-23T15:00:38","date_gmt":"2022-11-23T08:00:38","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tsim-sha-tsui-dethroned-as-worlds-most-expensive-shopping-district-falls-behind-new-yorks-fifth-avenue\/"},"modified":"2022-11-23T15:08:59","modified_gmt":"2022-11-23T08:08:59","slug":"hong-kongs-tsim-sha-tsui-dethroned-as-worlds-most-expensive-shopping-district-falls-behind-new-yorks-fifth-avenue","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tsim-sha-tsui-dethroned-as-worlds-most-expensive-shopping-district-falls-behind-new-yorks-fifth-avenue\/","title":{"rendered":"Hong Kong\u2019s Tsim Sha Tsui dethroned as world\u2019s most expensive shopping district, falls behind New York\u2019s Fifth Avenue"},"content":{"rendered":"


\nNew York\u2019s upper Fifth Avenue displaces Tsim Sha Tsui on Cushman & Wakefield\u2019s first top 10 ranking since 2019, as rents tumble amid an economic slowdown and lack of international visitors.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s Tsim Sha Tsui dethroned as world\u2019s most expensive shopping district, falls behind New York\u2019s Fifth Avenue<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New York\u2019s upper Fifth Avenue displaces Tsim Sha Tsui on Cushman & Wakefield\u2019s first top...<\/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-131767","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-yhh","jetpack-related-posts":[{"id":165180,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tsim-sha-tsui-holds-ground-as-worlds-fourth-priciest-shopping-strip\/","url_meta":{"origin":131767,"position":0},"title":"Hong Kong\u2019s Tsim Sha Tsui holds ground as world\u2019s fourth priciest shopping strip","date":"November 19, 2025","format":false,"excerpt":"\r Hong Kong\u2019s Tsim Sha Tsui remained the world\u2019s fourth most expensive retail strip with rents at US$1,515 per square foot per year, as two other core shopping districts in the city \u2013 Causeway Bay and Central \u2013 also ranked among the Asia-Pacific\u2019s priciest shopping locations, according to Cushman &\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":152244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tsim-sha-tsui-is-worlds-top-high-street-beating-madison-avenue-bond-street\/","url_meta":{"origin":131767,"position":1},"title":"Hong Kong\u2019s Tsim Sha Tsui is world\u2019s top high street, beating Madison Avenue, Bond Street","date":"April 30, 2025","format":false,"excerpt":"\r Prime retail rent in TST, as the area is called, was \u00a317,132 (US$22,976) per square metre per annum in the fourth quarter, according to Savills\u2019 report.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s Tsim Sha Tsui is world\u2019s top high street, beating Madison Avenue, Bond Street","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171744,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tsim-sha-tsui-tops-asia-luxury-retail-rents-but-bond-street-worlds-priciest\/","url_meta":{"origin":131767,"position":2},"title":"Hong Kong\u2019s Tsim Sha Tsui tops Asia luxury retail rents, but Bond Street world\u2019s priciest","date":"May 11, 2026","format":false,"excerpt":"\r Hong Kong\u2019s Tsim Sha Tsui has retained its title as Asia\u2019s priciest luxury retail strip, commanding \u00a316,160 (US$22,000) per square metre in annual rents, as the city remains among the world\u2019s most active markets in terms of new high-end store openings, according to Savills. London\u2019s Bond Street replaced Tsim\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117678,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tsim-sha-tsui-now-hong-kongs-most-expensive-retail-area-with-causeway-bay-luxury-sales-hit\/","url_meta":{"origin":131767,"position":3},"title":"Tsim Sha Tsui now Hong Kong\u2019s most expensive retail area, with Causeway Bay luxury sales hit","date":"July 9, 2020","format":false,"excerpt":"\r Tsim Sha Tsui, located on the tip of Kowloon peninsula, has emerged as Hong Kong\u2019s most expensive retail neighbourhood for the first time in its history. Causeway Bay, which had held the accolade until now, has been hit harder by sluggish luxury goods sales.Tsim Sha Tsui, which is home\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115262,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-jeweller-tiffany-closes-its-shop-in-tsim-sha-tsui-hong-kong-as-covid-19-batters-the-citys-retailers\/","url_meta":{"origin":131767,"position":4},"title":"Luxury jeweller Tiffany closes its shop in Tsim Sha Tsui, Hong Kong, as Covid-19 batters the city\u2019s retailers","date":"March 30, 2020","format":false,"excerpt":"\r Tiffany & Co, one of the world\u2019s leading jewellers, has closed its shop in Canton Road, Tsim Sha Tsui, one of the most expensive shopping locations in Hong Kong, after sales slumped amid the coronavirus outbreak.The luxury jewellery retailer, founded in the US, has quietly shut its 4,000 square-foot\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/watsons-closes-shop-in-tsim-sha-tsui-after-20-years-in-latest-sign-of-hong-kong-retail-sectors-struggle-to-survive-coronavirus-pandemic\/","url_meta":{"origin":131767,"position":5},"title":"Watsons closes shop in Tsim Sha Tsui after 20 years in latest sign of Hong Kong retail sector\u2019s struggle to survive coronavirus pandemic","date":"October 13, 2021","format":false,"excerpt":"\r Personal health care chain Watsons said it will close its shop in one of Hong Kong\u2019s major tourist locations on Thursday after leasing it for two decades, a sign of the retail industry\u2019s struggle to survive a near-total absence of visitors during the pandemic.Watsons, owned by tycoon Li Ka-shing\u2019s\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\/131767"}],"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=131767"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/131767\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=131767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=131767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=131767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}