{"id":157315,"date":"2025-07-10T07:30:07","date_gmt":"2025-07-10T00:30:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/commercial-property-crisis-looms-in-hong-kong-amid-sliding-values\/"},"modified":"2025-07-10T07:57:37","modified_gmt":"2025-07-10T00:57:37","slug":"commercial-property-crisis-looms-in-hong-kong-amid-sliding-values","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/commercial-property-crisis-looms-in-hong-kong-amid-sliding-values\/","title":{"rendered":"Commercial property crisis looms in Hong Kong amid sliding values"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong is facing a commercial real estate crisis, with small and medium-sized developers as well as banks under increasing pressure as capital values slide amid lethargic leasing activity, according to JLL.<br \/>\nThe capital value of commercial property was set to drop by \u201ca further 5 to 10 per cent\u201d this year, said Joseph Tsang, chairman of the property consultancy in Hong Kong. Selling commercial properties at such prices is not \u201cpractical or realistic\u201d, he added.<br \/>\nThat meant the looming crisis&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3317587\/commercial-property-crisis-looms-hong-kong-shrinking-values-squeeze-developers?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Commercial property crisis looms in Hong Kong amid sliding values<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong is facing a commercial real estate crisis, with small and medium-sized developers as&#46;&#46;&#46;<\/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-157315","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-EVl","jetpack-related-posts":[{"id":112456,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-commercial-property-deals-fall-by-a-third-as-worsening-political-crisis-saps-appetite-says-real-capital-analytics\/","url_meta":{"origin":157315,"position":0},"title":"Hong Kong commercial property deals fall by a third as worsening political crisis saps appetite, says Real Capital Analytics","date":"November 18, 2019","format":false,"excerpt":"\r Commercial property deals in Hong Kong fell by a third in the period from July to September, dragging the city down to fifth place from second in a global league table compiled by Real Capital Analytics.Hong Kong\u2019s plunge in the rankings reflects how investors\u2019 appetite for assets in the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119327,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-abolish-stamp-duty-on-commercial-property-in-move-designed-to-boost-small-firms-cash-flows\/","url_meta":{"origin":157315,"position":1},"title":"Hong Kong to abolish stamp duty on commercial property in move designed to boost small firms\u2019 cash flows","date":"November 24, 2020","format":false,"excerpt":"\r The Hong Kong government is expected to abolish the stamp duty for commercial property in a move seen as helping small and medium companies shore up their cash flows amid the city\u2019s worst economic crisis on record.According to sources familiar with the matter, the move could be announced soon.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116337,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-singapore-lead-biggest-pullback-in-asia-pacific-commercial-real-estate-deals-since-2008-financial-crisis\/","url_meta":{"origin":157315,"position":2},"title":"Hong Kong, Singapore lead biggest pullback in Asia-Pacific commercial real-estate deals since 2008 financial crisis","date":"May 14, 2020","format":false,"excerpt":"\r A slump in investment in Hong Kong and Singapore commercial property has contributed to the biggest pullback in a decade across Asia-Pacific, suggesting investors are conserving cash to ride out the coronavirus pandemic.Investment fell by 50 per cent to US$21.3 billion last quarter from a year earlier, according to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110028,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-china-investors-hold-fire-over-vancouver-commercial-property-but-prices-unlikely-to-crash-analysts-say\/","url_meta":{"origin":157315,"position":3},"title":"Hong Kong, China investors hold fire over Vancouver commercial property, but prices unlikely to crash, analysts say","date":"August 20, 2019","format":false,"excerpt":"\r Foreign investors, including those from Hong Kong and mainland Chinese, largely stayed out of commercial real estate in Vancouver, Canada\u2019s second-largest investment market, in the first half of 2019 amid sinking home prices in the city.\r\r\u201cMarket participants seemed to be waiting for the next shoe to drop. With single-family\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-winlands-5-asset-sales-show-more-distress-in-store\/","url_meta":{"origin":157315,"position":4},"title":"Hong Kong property: Winland\u2019s 5 asset sales show more distress in store","date":"March 3, 2025","format":false,"excerpt":"\r Borrowers have asked to defer repayments amid declines in commercial property values and rents, according to Hang Seng Bank.\r \r Source : South China Morning Post\r Read more...Hong Kong property: Winland\u2019s 5 asset sales show more distress in store","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112162,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-agencies-centaline-midland-see-commercial-property-agents-depart-as-deals-plunge-amid-protests\/","url_meta":{"origin":157315,"position":5},"title":"Hong Kong agencies Centaline, Midland see commercial property agents depart as deals plunge amid protests","date":"November 6, 2019","format":false,"excerpt":"\r Two of Hong Kong\u2019s largest property agencies have either cut headcount or seen staff members leave amid a slump in commercial property transactions.Centaline Commercial and Midland IC&I have both shrunk their ranks by about 40 people each, as the city\u2019s anti-government protests weigh on the sector. The total number\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/157315"}],"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=157315"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/157315\/revisions"}],"predecessor-version":[{"id":157316,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/157315\/revisions\/157316"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=157315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=157315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=157315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}