{"id":136068,"date":"2023-04-25T07:30:14","date_gmt":"2023-04-25T00:30:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-office-market-outlook-improves-after-vacancy-rate-fell-for-the-first-time-in-10-months-in-march\/"},"modified":"2023-04-25T07:39:09","modified_gmt":"2023-04-25T00:39:09","slug":"hong-kongs-office-market-outlook-improves-after-vacancy-rate-fell-for-the-first-time-in-10-months-in-march","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-office-market-outlook-improves-after-vacancy-rate-fell-for-the-first-time-in-10-months-in-march\/","title":{"rendered":"Hong Kong\u2019s office market outlook improves after vacancy rate fell for the first time in 10 months in March"},"content":{"rendered":"


\nHong Kong\u2019s grade A office vacancy rate fell 0.2 percentage points month on month in March \u2013 the first decline since May 2022. Rents also slipped slightly to HK$54.7 (US$6.96) per sq ft from HK$54.8.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s office market outlook improves after vacancy rate fell for the first time in 10 months in March<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s grade A office vacancy rate fell 0.2 percentage points month on month in...<\/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-136068","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-zoE","jetpack-related-posts":[{"id":112318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hotel-valuations-drop-vacancy-rates-soar-as-business-travellers-and-tourists-avoid-city-amid-street-protests\/","url_meta":{"origin":136068,"position":0},"title":"Hong Kong\u2019s hotel valuations drop, vacancy rates soar, as business travellers and tourists avoid city amid street protests","date":"November 13, 2019","format":false,"excerpt":"\r Investments in new hotels grounded to a halt in Hong Kong, as valuations fell 10 per cent amid record vacancy rates caused by business travellers and tourists who are avoiding the city\u2019s anti-government protests.The average room rate at three-star hotels fell 46 per cent to HK$446 (US$57) for the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171188,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-vacancy-rate-in-hong-kongs-central-falls-to-single-digits-after-2-years\/","url_meta":{"origin":136068,"position":1},"title":"Office vacancy rate in Hong Kong\u2019s Central falls to single digits after 2 years","date":"March 20, 2026","format":false,"excerpt":"\r Prime office vacancy rates in Hong Kong\u2019s main business district dropped to single digits for the first time in 26 months, lifting overall rents in the city\u2019s struggling office property market, according to JLL. The vacancy rate in Central for premium offices fell to 9.9 per cent in February\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117464,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-deferred-vacancy-tax-carries-a-us279-million-price-tag-adding-to-the-financial-woes-of-a-recession-busting-budget-deficit\/","url_meta":{"origin":136068,"position":2},"title":"Hong Kong\u2019s deferred vacancy tax carries a US$279 million price tag, adding to the financial woes of a recession-busting budget deficit","date":"July 1, 2020","format":false,"excerpt":"\r Hong Kong\u2019s government may have lost at least HK$2.16 billion (US$278.68 million) in tax income in the current financial year, after the city\u2019s legislature failed to pass a two-year old law to collect a vacancy tax on developers hoarding completed homes.The foregone receipt was calculated based on a 5-per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94207,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yuen-long-villas-cut-prices-by-25-per-cent-becoming-the-first-casualties-of-hong-kongs-vacancy-tax\/","url_meta":{"origin":136068,"position":3},"title":"Yuen Long villas cut prices by 25 per cent, becoming the first casualties of Hong Kong\u2019s vacancy tax","date":"July 19, 2018","format":false,"excerpt":"\r Several Hong Kong developers are cutting prices for the first time in three years, slashing as much as 25 per cent off their quotations, becoming the first casualties of the city government\u2019s vacancy tax that was imposed to deter hoarding and boost supply. Paliburg Holdings and Regal International, two\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140735,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pessimism-abounds-in-hong-kongs-property-market-even-as-interest-rate-outlook-improves\/","url_meta":{"origin":136068,"position":4},"title":"Pessimism abounds in Hong Kong\u2019s property market even as interest-rate outlook improves","date":"December 18, 2023","format":false,"excerpt":"\r Hong Kong may have seen the last of the interest rate hikes in the current tightening cycle, but analysts warn this may not prevent property prices from slipping further.\r \r Source : South China Morning Post\r Read more...Pessimism abounds in Hong Kong\u2019s property market even as interest-rate outlook improves","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118629,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-sector-stuck-in-the-doldrums-pushes-vacancy-rate-of-street-level-shops-to-record-high\/","url_meta":{"origin":136068,"position":5},"title":"Hong Kong\u2019s retail sector, stuck in the doldrums, pushes vacancy rate of street-level shops to record high","date":"September 15, 2020","format":false,"excerpt":"\r The vacancy rate of street level shops in Hong Kong\u2019s four major shopping districts \u2013 Causeway Bay, Mong Kok, Central and Tsim Sha Tsui \u2013 has reached a record high of 12.6 per cent and is expected to climb to 14 per cent in the first quarter next year,\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\/136068"}],"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=136068"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136068\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}