{"id":165593,"date":"2025-11-24T08:30:15","date_gmt":"2025-11-24T01:30:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-and-singapore-prime-office-rents-set-to-equalise-by-2027-cbre\/"},"modified":"2025-11-24T09:13:12","modified_gmt":"2025-11-24T02:13:12","slug":"hong-kong-and-singapore-prime-office-rents-set-to-equalise-by-2027-cbre","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-and-singapore-prime-office-rents-set-to-equalise-by-2027-cbre\/","title":{"rendered":"Hong Kong and Singapore prime office rents set to equalise by 2027: CBRE"},"content":{"rendered":"<p>&#013;<br \/>\nPrime office rents in Hong Kong and Singapore are expected to reach parity within two years, driven by diverging dynamics in demand and supply for office properties in the rival business hubs, according to CBRE.<br \/>\nBy the fourth quarter of 2027, tenants in premium office spaces in Hong Kong were set to pay just over US$122 per square foot per year, while those in Singapore would face slightly higher costs at about US$123 per square foot annually, said Ada Choi, head of research for Asia-Pacific at&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3333789\/hong-kong-and-singapore-prime-office-rents-set-equalise-2027-cbre-says?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong and Singapore prime office rents set to equalise by 2027: CBRE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Prime office rents in Hong Kong and Singapore are expected to reach parity within two&#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-165593","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-H4R","jetpack-related-posts":[{"id":108420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-hong-kong-office-rents-are-most-expensive-globally-for-fourth-straight-year-cbre-says\/","url_meta":{"origin":165593,"position":0},"title":"Prime Hong Kong office rents are most expensive globally for fourth straight year, CBRE says","date":"June 25, 2019","format":false,"excerpt":"\r Prime office rents in Hong Kong\u2019s Central district are the most expensive globally for a fourth straight year, with growth in rents across Asia doubling year on year, US commercial real estate services and investment firm CBRE said in a report on Tuesday.Currently, six of the 10 most expensive\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106003,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tops-the-worlds-most-expensive-cities-for-owning-homes-in-cbre-study-of-35-urban-centres\/","url_meta":{"origin":165593,"position":1},"title":"Hong Kong tops the world\u2019s most expensive cities for owning homes in CBRE study of 35 urban centres","date":"April 12, 2019","format":false,"excerpt":"\r Hong Kong was the world\u2019s most expensive urban centre to buy a home in, with the average residential property costing 40 per cent more than second-placed city Singapore, according to a survey of 35 cities around the world by real estate consultant CBRE.The average cost of owning a home\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69202,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-cheaper-than-beijing-tokyo-when-it-comes-to-cost-of-setting-up-offices-says-cbre\/","url_meta":{"origin":165593,"position":2},"title":"Hong Kong cheaper than Beijing, Tokyo when it comes to cost of setting up offices, says CBRE","date":"October 17, 2017","format":false,"excerpt":"\r While Hong Kong has made headlines for having the most expensive prime office rents in the world, it is wrong to assume that it is the costliest location for businesses to set up their offices. Recent research by CBRE sets the record straight by uncovering that leasing costs account\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121639,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-narrows-gap-with-hong-kong-in-terms-of-prime-office-rents-and-prices-as-chinese-tech-giants-expand-in-lion-city\/","url_meta":{"origin":165593,"position":3},"title":"Singapore narrows gap with Hong Kong in terms of prime office rents and prices, as Chinese tech giants expand in Lion City","date":"August 25, 2021","format":false,"excerpt":"\r Singapore\u2019s office property market is gradually catching up with that of Hong Kong, the Lion City\u2019s rival business hub, in terms of rents and prices, with Chinese technology giants such as Alibaba Group Holding, Tencent Holdings and ByteDance expanding in the city state.The gap peaked in 2017, when Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119982,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-ranked-second-preferred-city-for-cross-border-investments\/","url_meta":{"origin":165593,"position":4},"title":"Singapore ranked second preferred city for cross-border investments","date":"January 21, 2021","format":false,"excerpt":"\r Singapore ranked second preferred city for cross-border investmentsAside from being an important hub for foreign corporations eyeing to access Southeast Asia, Singapore is also emerging as a viable alternative to Hong Kong SAR among firms establishing Asia Pacific headquarters. Singapore is listed as the second most preferred city for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/01\/singapore-marina.jpg?fit=820%2C411&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":55241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parking-is-prime-in-hong-kong-property-market\/","url_meta":{"origin":165593,"position":5},"title":"Parking is prime in Hong Kong property market","date":"May 18, 2017","format":false,"excerpt":"\r The most expensive plot of land ever sold in Hong Kong is a public car park squeezed between Cheung Kong Center and Hutchison House, two major flagship buildings owned by the city's richest man Li Ka-shing.The HK$23.3 billion (Dh10.99bn) site at Murray Road, in the heart of Hong Kong's\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\/165593"}],"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=165593"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/165593\/revisions"}],"predecessor-version":[{"id":165594,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/165593\/revisions\/165594"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=165593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=165593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=165593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}