{"id":170421,"date":"2026-01-28T19:08:57","date_gmt":"2026-01-28T12:08:57","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-logs-us37-million-admiralty-office-deal-amid-tentative-market-recovery\/"},"modified":"2026-01-28T23:09:25","modified_gmt":"2026-01-28T16:09:25","slug":"hong-kong-logs-us37-million-admiralty-office-deal-amid-tentative-market-recovery","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-logs-us37-million-admiralty-office-deal-amid-tentative-market-recovery\/","title":{"rendered":"Hong Kong logs US$37 million Admiralty office deal amid tentative market recovery"},"content":{"rendered":"


\nA Hong Kong office unit at Admiralty Centre has changed hands for HK$292.17 million (US$37.46 million), making it the most expensive commercial property transaction registered on Tuesday, according to official records, in a deal that adds to tentative signs of stabilisation in the city\u2019s battered real estate market.
\nThe office space, located in Tower 1 of the Admiralty Centre within the city\u2019s core business district, was acquired by Luck Ring Development, Land Registry records showed.
\nThe unit…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong logs US million Admiralty office deal amid tentative market recovery<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A Hong Kong office unit at Admiralty Centre has changed hands for HK$292.17 million (US$37.46...<\/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-170421","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-IkJ","jetpack-related-posts":[{"id":110971,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-becomes-first-hong-kong-developer-to-offer-relief-lowers-rents-temporarily-at-pacific-place-in-protest-hit-admiralty\/","url_meta":{"origin":170421,"position":0},"title":"Swire becomes first Hong Kong developer to offer relief, lowers rents temporarily at Pacific Place in protest-hit Admiralty","date":"September 21, 2019","format":false,"excerpt":"\r Swire Properties said on Friday it would offer \u201ctemporary rental adjustments\u201d to tenants at Pacific Place, its flagship shopping centre in the protest-hit district of Admiralty, becoming the city\u2019s first developer to cut rents.Some shops at Pacific Place, home to international luxury brands such as Louis Vuitton, Chanel and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109846,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/central-needs-upgrades-to-foster-better-connectivity-for-both-people-and-cars-even-as-admiralty-takes-over-as-leading-hub\/","url_meta":{"origin":170421,"position":1},"title":"Central needs upgrades to foster better connectivity for both people and cars, even as Admiralty takes over as leading hub","date":"August 13, 2019","format":false,"excerpt":"\r During Hong Kong\u2019s early colonial period, Central was the centre of the city\u2019s administration. One of the lasting legacies of 150 years of British rule is that Central remains Hong Kong\u2019s financial hub, containing not only the headquarters of all the city\u2019s leading banks, but also its financial regulatory\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-weigh-on-office-market-as-available-space-in-central-rises-to-14-year-high-rents-fall-3-2-per-cent\/","url_meta":{"origin":170421,"position":2},"title":"Hong Kong protests weigh on office market as available space in Central rises to 14-year high, rents fall 3.2 per cent","date":"October 4, 2019","format":false,"excerpt":"\r The outlook for Hong Kong\u2019s property market is bleak after rents for grade A office space in Central \u201csoftened significantly\u201d and availability climbed to a 14-year high in the third quarter.Cushman & Wakefield said on Thursday that tenants generally held off committing to relocations or expansions in the quarter\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155109,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mcdonalds-spot-close-to-topping-london-as-worlds-busiest\/","url_meta":{"origin":170421,"position":3},"title":"Hong Kong McDonald\u2019s spot close to topping London as world\u2019s busiest","date":"June 3, 2025","format":false,"excerpt":"\r McDonald\u2019s flagship store in Hong Kong is close to claiming the crown as the busiest in the fast-food chain\u2019s global network of more than 40,000 outlets, a capstone in a half-century of operating in the city. The 9,000 sq ft (836 square metre) Admiralty Centre store, which reopened for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118383,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-hotels-which-runs-the-conrad-hong-kong-posts-loss-as-occupancy-rate-falls-to-a-third-amid-coronavirus\/","url_meta":{"origin":170421,"position":4},"title":"Sino Hotels, which runs the Conrad Hong Kong, posts loss as occupancy rate falls to a third amid coronavirus","date":"August 26, 2020","format":false,"excerpt":"\r Billionaire Robert Ng Chee Siong said his hotels saw their occupancy rates fall to as low as a third as Hong Kong\u2019s hotel industry was hit by a huge drop in tourist arrivals amid the outbreak of Covid-19.Average occupancy rates at the tycoon\u2019s Sino Hotels (Holdings), which operates three\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106119,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-transport-projects-will-create-nine-hubs-in-hong-kong-boost-property-says-colliers-international\/","url_meta":{"origin":170421,"position":5},"title":"New transport projects will create nine hubs in Hong Kong, boost property, says Colliers International","date":"April 16, 2019","format":false,"excerpt":"\r New railway lines and road networks will lead to the emergence of nine office, retail, business and cultural hubs in Hong Kong over the next five to seven years, according to a new study by property consultancy Colliers International Hong Kong.Property in the districts of Admiralty and Tamar, Wan\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\/170421"}],"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=170421"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170421\/revisions"}],"predecessor-version":[{"id":170422,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170421\/revisions\/170422"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=170421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=170421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=170421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}