Hong Kong expat bankers downsize drastically as housing allowances shrivel<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
Luxury rental market takes a hit with expats working in finance swapping HK$300,000-a-month flats with...<\/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-13748","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\/p75ss1-3zK","jetpack-related-posts":[{"id":14970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-lower-corporate-packages-mean-for-hong-kong-real-estate-leases\/","url_meta":{"origin":13748,"position":0},"title":"What lower corporate packages mean for Hong Kong real estate leases","date":"May 31, 2016","format":false,"excerpt":"\r Hong Kong banking expats endure relatively austere times in living quarters Image credit: Jerome Favre\/Bloomberg With dwindling expat packages, foreign bankers in Hong Kong are saying goodbye en masse to marble Jacuzzis and The Peak balconies. Bloomberg reports that Jones Lang LaSalle (JLL) has seen a halving in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-still-the-most-expensive-asian-city-for-expat-executives-to-rent\/","url_meta":{"origin":13748,"position":1},"title":"Hong Kong still the most expensive Asian city for expat executives to rent","date":"January 16, 2018","format":false,"excerpt":"\r Hong Kong remains the most expensive city in Asia for high-level expatriates to rent housing, according to a survey released on Tuesday. The city topped a poll by ECA International based on the monthly cost of a three-bedroomed, mid-range flat in an area commonly inhabited by executive-level expats for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21580,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-banking-expats-leaving-who-will-rent-hong-kong-luxury-apartments\/","url_meta":{"origin":13748,"position":2},"title":"With banking expats leaving, who will rent Hong Kong luxury apartments?","date":"August 1, 2016","format":false,"excerpt":"\r Wealthy professionals and entrepreneurs are seeping from mainland China into Hong Kong\u2019s high-end residences Victoria Harbour, Hong Kong. Image credit: akwan.architect (Flickr) Now that expatriates are coming in with far less meaty housing budgets, Chinese mainlanders are turning out to be a recourse for the prime Hong Kong residential\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163703,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wealthy-mainland-chinese-western-expats-drive-hong-kong-luxury-flat-rentals\/","url_meta":{"origin":13748,"position":3},"title":"Wealthy mainland Chinese, Western expats drive Hong Kong luxury flat rentals","date":"November 2, 2025","format":false,"excerpt":"\r The number of luxury flat rental deals in Hong Kong continued to rise this year, buoyed by demand from wealthy mainland Chinese and Western expatriates, amid the city\u2019s stock market rally and the government\u2019s efforts to attract more affluent investors, according to agents. In the first nine months of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expat-rents-continue-to-drop-in-singapore\/","url_meta":{"origin":13748,"position":4},"title":"Expat rents continue to drop in Singapore","date":"March 14, 2019","format":false,"excerpt":"\r A new study shows that rental prices in Singapore are now on average US$500 cheaper per month than in 2016. Despite the continuous drop in rental prices for expatriates, Singapore remains in the top 10 most expensive locations for expatriate rents in Asia as it occupies eighth place, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/decline-in-singapore-rents-blamed-on-fewer-banking-expats\/","url_meta":{"origin":13748,"position":5},"title":"Decline in Singapore rents blamed on fewer banking expats","date":"July 1, 2016","format":false,"excerpt":"\r With fewer bankers and oilmen coming in the country, Singapore rents have been on a downward spiral Singapore\u2019s central business district. Image credit: Scristia (Flickr) More foreign workers are trickling into Singapore than ever and yet residential rents are still taking the plunge. Citing data from the Singaporean Ministry\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\/13748"}],"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=13748"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13748\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=13748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=13748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=13748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}