{"id":143266,"date":"2024-03-31T14:30:32","date_gmt":"2024-03-31T07:30:32","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-grocers-feel-pain-as-locals-rush-to-shenzhen-for-cheaper-prices-luxury-and-experiential-retailers-fare-better\/"},"modified":"2024-03-31T14:48:52","modified_gmt":"2024-03-31T07:48:52","slug":"hong-kong-grocers-feel-pain-as-locals-rush-to-shenzhen-for-cheaper-prices-luxury-and-experiential-retailers-fare-better","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-grocers-feel-pain-as-locals-rush-to-shenzhen-for-cheaper-prices-luxury-and-experiential-retailers-fare-better\/","title":{"rendered":"Hong Kong grocers feel pain as locals rush to Shenzhen for cheaper prices; luxury and experiential retailers fare better"},"content":{"rendered":"


\nTrends are likely to cap any rental gains in the retail property segment, where recovery will proceed in a gradual manner, analysts say.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong grocers feel pain as locals rush to Shenzhen for cheaper prices; luxury and experiential retailers fare better<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Trends are likely to cap any rental gains in the retail property segment, where recovery...<\/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-143266","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-BgK","jetpack-related-posts":[{"id":143839,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-pain-ahead-for-hong-kong-retailers-as-residents-flock-to-shenzhen-for-cheaper-goods-slowing-recovery\/","url_meta":{"origin":143266,"position":0},"title":"More pain ahead for Hong Kong retailers as residents flock to Shenzhen for cheaper goods, slowing recovery","date":"April 22, 2024","format":false,"excerpt":"\r Hong Kong\u2019s economic recovery is slowly filling up retail spaces, pushing vacancy rates to a three-year low. The rebound, however, is bypassing the northwestern part of the city in Yuen Long and Sheung Shui.\r \r Source : South China Morning Post\r Read more...More pain ahead for Hong Kong retailers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-luxury-home-price-growth-beats-hong-kong-london-new-york-and-paris-as-chinas-post-covid-19-economic-surge-continues\/","url_meta":{"origin":143266,"position":1},"title":"Shenzhen luxury home price growth beats Hong Kong, London, New York and Paris as China\u2019s post Covid-19 economic surge continues","date":"May 7, 2021","format":false,"excerpt":"\r Mainland China\u2019s tech hub of Shenzhen recorded the fastest growth in luxury home prices in the world in the first quarter, up by 18.9 per cent over the same period a year ago and beating traditional prime property markets such as Hong Kong, London, New York and Paris, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-hong-kong-luxury-property-awaits-shenzhen-border-opening-for-the-next-leap-upwards\/","url_meta":{"origin":143266,"position":2},"title":"Coronavirus Hong Kong: luxury property awaits Shenzhen border opening for the next leap upwards","date":"June 23, 2021","format":false,"excerpt":"\r An influx of mainland Chinese buyers into Hong Kong\u2019s super-deluxe developments since early this year could further fuel home prices in the world\u2019s most expensive property market, and the trend will become more obvious once the border open.Buyers who settled in Hong Kong from mainland China, dubbed \u201cnew Hongkongers\u201d\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140161,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-landlords-look-for-concepts-to-transform-shopping-amid-low-foot-traffic-as-shenzhen-malls-lure-locals\/","url_meta":{"origin":143266,"position":3},"title":"Hong Kong retail landlords look for concepts to transform shopping amid low foot traffic as Shenzhen malls lure locals","date":"November 5, 2023","format":false,"excerpt":"\r Facing low foot traffic and a surge in cross-border shopping, New World Development and Nan Fung Development are among the landlords experimenting with new concepts to catalyse a rebound.\r \r Source : South China Morning Post\r Read more...Hong Kong retail landlords look for concepts to transform shopping amid low\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":165452,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/us44-million-sale-of-hong-kong-luxury-home-linked-to-mainland-chinese-investor\/","url_meta":{"origin":143266,"position":4},"title":"US$44 million sale of Hong Kong luxury home linked to mainland Chinese investor","date":"November 21, 2025","format":false,"excerpt":"\r A buyer bearing the same name as veteran investor Xu Liusheng is the latest owner of a luxury home in Hong Kong after acquiring a HK$342 million (US$43.9 million) unit in the affluent Southern district, with the transaction adding to a growing list of prime assets being snapped up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159387,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-the-peninsula-hong-kong-aims-to-stay-competitive-amid-shenzhen-rivalry\/","url_meta":{"origin":143266,"position":5},"title":"How The Peninsula Hong Kong aims to stay competitive amid Shenzhen rivalry","date":"August 17, 2025","format":false,"excerpt":"\r The Peninsula Hong Kong is focusing on luxury retail, fine dining and high-end services to attract both local and international guests amid a surge in new hotel openings in the city and competing lodging options in neighbouring Shenzhen. The Peninsula saw its occupancy rise by double digits year on\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\/143266"}],"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=143266"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143266\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=143266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=143266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=143266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}