{"id":157496,"date":"2025-07-13T13:00:14","date_gmt":"2025-07-13T06:00:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-cant-hong-kong-retail-landlords-cut-rents-for-struggling-tenants\/"},"modified":"2025-07-13T13:15:56","modified_gmt":"2025-07-13T06:15:56","slug":"why-cant-hong-kong-retail-landlords-cut-rents-for-struggling-tenants","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-cant-hong-kong-retail-landlords-cut-rents-for-struggling-tenants\/","title":{"rendered":"Why can\u2019t Hong Kong retail landlords cut rents for struggling tenants?"},"content":{"rendered":"


\nIn a commercial rental market beset by high vacancy rates, many Hong Kong landlords feel stuck between a rock and a hard place: giving tenants a break on rent makes it harder to pay mortgages and threatens asset value, but holding the line on rent runs the risk of driving tenants away.
\nIn this difficult environment, are landlords just being stubborn? It\u2019s complicated, according to agents and analysts.
\nRetail sales in the city contracted for 14 straight months until May, when they expanded by 2.4…
\n
\nSource : South China Morning Post
\nRead more…Why can\u2019t Hong Kong retail landlords cut rents for struggling tenants?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In a commercial rental market beset by high vacancy rates, many Hong Kong landlords feel...<\/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-157496","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-EYg","jetpack-related-posts":[{"id":115370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-rents-might-need-to-be-halved-for-tenants-landlords-to-survive-coronavirus-outbreak-developer-says\/","url_meta":{"origin":157496,"position":0},"title":"Hong Kong retail rents might need to be halved for tenants, landlords to survive coronavirus outbreak, developer says","date":"April 3, 2020","format":false,"excerpt":"\r Hong Kong\u2019s retail landlords might have to cut rents by 50 per cent to attract new tenants amid a worsening outbreak of the novel coronavirus, one of the city\u2019s richest developers said.\u201cFor these few months, you\u2019ll probably see a 50 per cent cut in rents for the retail sector,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":153420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landlords-combat-tough-retail-environment-by-offering-rent-discounts-to-tenants\/","url_meta":{"origin":157496,"position":1},"title":"Hong Kong landlords combat tough retail environment by offering rent discounts to tenants","date":"May 14, 2025","format":false,"excerpt":"\r Hong Kong landlords offer significant discounts to attract tenants amid ongoing retail challenges, reduced tourist spending.\r \r Source : South China Morning Post\r Read more...Hong Kong landlords combat tough retail environment by offering rent discounts to tenants","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retail-rift-hong-kong-shops-plead-for-rent-relief-landlords-see-improving-market\/","url_meta":{"origin":157496,"position":2},"title":"Retail rift: Hong Kong shops plead for rent relief, landlords see improving market","date":"July 17, 2026","format":false,"excerpt":"\r Although retail sales in Hong Kong rose more than 10 per cent year on year in the first five months of 2026, a wave of shop closures continues, leaving tenants and landlords with vastly different assessments of the retail leasing market. Many tenants say that despite racking their brains\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116675,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/law-firms-expect-a-wave-of-see-you-in-court-as-landlords-sue-distressed-tenants-for-unpaid-rent\/","url_meta":{"origin":157496,"position":3},"title":"Law firms expect a wave of \u2018see you in court\u2019 as landlords sue distressed tenants for unpaid rent","date":"May 27, 2020","format":false,"excerpt":"\r Lawsuits relating to unpaid rents are on the rise as dozens of retailers hit by the economic downturn shut shop, with law firms in Hong Kong witnessing a massive uptick in enquiries seeking advice on recovery of arrears.Lilian Chiang, senior partner and head of the property department at law\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154228,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-office-rents-plummet-landlords-upgrade-with-video-walls-to-lure-tenants\/","url_meta":{"origin":157496,"position":4},"title":"As Hong Kong office rents plummet, landlords upgrade with video walls to lure tenants","date":"May 26, 2025","format":false,"excerpt":"\r JLL says nearly 44 per cent of Hong Kong\u2019s grade A office space is more than 30 years old.\r \r Source : South China Morning Post\r Read more...As Hong Kong office rents plummet, landlords upgrade with video walls to lure tenants","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111786,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-protests-hit-business-landlords-offer-hk1-rents-in-citys-most-expensive-office-towers\/","url_meta":{"origin":157496,"position":5},"title":"As Hong Kong protests hit business, landlords offer HK$1 rents in city\u2019s most expensive office towers","date":"October 22, 2019","format":false,"excerpt":"\r Some landlords are getting desperate in attracting tenants to their offices in Hong Kong, as more than four months of civic unrest have deterred many companies \u2013 especially mainland Chinese tenants more willing to pay top dollar for marquee addresses \u2013 from expanding their businesses in the world\u2019s costliest\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\/157496"}],"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=157496"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/157496\/revisions"}],"predecessor-version":[{"id":157497,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/157496\/revisions\/157497"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=157496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=157496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=157496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}