{"id":151748,"date":"2025-04-23T15:30:19","date_gmt":"2025-04-23T08:30:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-slump-claims-another-victim-as-thai-dessert-shop-deserts\/"},"modified":"2025-04-23T15:33:59","modified_gmt":"2025-04-23T08:33:59","slug":"hong-kong-retail-slump-claims-another-victim-as-thai-dessert-shop-deserts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-slump-claims-another-victim-as-thai-dessert-shop-deserts\/","title":{"rendered":"Hong Kong retail slump claims another victim as Thai dessert shop deserts"},"content":{"rendered":"


\nAfter You Dessert Cafe to close its two shops as retail sector downturn puts further pressure on the weak retail property market.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong retail slump claims another victim as Thai dessert shop deserts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

After You Dessert Cafe to close its two shops as retail sector downturn puts further...<\/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-151748","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-Dty","jetpack-related-posts":[{"id":118526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-stores-exit-russell-street-hong-kong-once-the-worlds-priciest-retail-strip-amid-tourist-slump-over-covid-19-and-protests\/","url_meta":{"origin":151748,"position":0},"title":"Luxury stores exit Russell Street, Hong Kong, once the world\u2019s priciest retail strip, amid tourist slump over Covid-19 and protests","date":"September 7, 2020","format":false,"excerpt":"\r Russell Street in Causeway Bay, Hong Kong, one of the city\u2019s premier shopping destinations and often in the past the one with the world\u2019s highest commercial real-estate rents, is a shadow of its former self.Watch brand Rolex, lingerie label La Perla, skincare brand Kiehl\u2019s and watchmaker Omega have all\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126946,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-real-estate-owners-seek-alternative-uses-for-retail-complexes-and-hotels-amid-tourism-slump\/","url_meta":{"origin":151748,"position":1},"title":"Hong Kong real estate owners seek alternative uses for retail complexes and hotels amid tourism slump","date":"June 7, 2022","format":false,"excerpt":"\r Hong Kong\u2019s retail landlords and hotel owners, unable to bear the losses from an enduring tourism slump, apply to the Town Planning Board to convert their properties for alternative purposes such as cafes and housing.\r \r Source : South China Morning Post\r Read more...Hong Kong real estate owners seek\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":151316,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-pharmacy-joins-russell-street-retail-scene-to-capitalise-on-rent-slump\/","url_meta":{"origin":151748,"position":2},"title":"Hong Kong pharmacy joins Russell Street retail scene to capitalise on rent slump","date":"April 18, 2025","format":false,"excerpt":"\r Annual rent in Causeway Bay shopping district has declined 46 per cent on average between 2018 and 2024, according to Cushman & Wakefield.\r \r Source : South China Morning Post\r Read more...Hong Kong pharmacy joins Russell Street retail scene to capitalise on rent slump","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/veteran-investors-are-snapping-up-hong-kong-retail-property-assets-in-sign-market-slump-is-ending-colliers-says\/","url_meta":{"origin":151748,"position":3},"title":"Veteran investors are snapping up Hong Kong retail property assets in sign market slump is ending, Colliers says","date":"November 24, 2021","format":false,"excerpt":"\r Hong Kong\u2019s retail property assets are attracting a slew of domestic individual buyers, suggesting the year-long market fallout induced by the Covid-19 pandemic and recession may be bottoming out, according to industry experts.Local investors accounted for all of the 15 retail transactions last quarter, according to Colliers International, based\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118857,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-group-plans-expansion-of-d2-place-with-redevelopment-of-industrial-building-into-office-tower-amid-retail-slump\/","url_meta":{"origin":151748,"position":4},"title":"Hong Kong group plans expansion of D2 Place with redevelopment of industrial building into office tower amid retail slump","date":"October 7, 2020","format":false,"excerpt":"\r Lawsgroup is pushing ahead with the redevelopment of industrial buildings into offices and shopping centres even as Hong Kong\u2019s economy and retail sector still reel from the coronavirus outbreak.The building in Lai Chi Kok, West Kowloon, right next to its D2 Place One and Two shopping malls, \ufeffwill be\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118552,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-vacancy-sliding-rents-in-hong-kong-signal-cracks-in-worlds-most-expensive-retail-strip-to-persist-into-new-year\/","url_meta":{"origin":151748,"position":5},"title":"Rising vacancy, sliding rents in Hong Kong signal cracks in world\u2019s most expensive retail strip to persist into new year","date":"September 10, 2020","format":false,"excerpt":"\r The world\u2019s most expensive retail strip is likely to endure another six months of industry slump as shop owners struggle to replace premium tenants amid Hong Kong\u2019s deepening recession.Global brands from Prada to Rolex and Victoria\u2019s Secret have in the past year vacated their space near or along Russell\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\/151748"}],"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=151748"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/151748\/revisions"}],"predecessor-version":[{"id":151749,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/151748\/revisions\/151749"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=151748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=151748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=151748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}