{"id":170454,"date":"2026-02-01T17:00:14","date_gmt":"2026-02-01T10:00:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-hong-kong-rents-tenants-pay-more-and-fight-for-shrinking-space\/"},"modified":"2026-02-02T01:03:45","modified_gmt":"2026-02-01T18:03:45","slug":"soaring-hong-kong-rents-tenants-pay-more-and-fight-for-shrinking-space","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-hong-kong-rents-tenants-pay-more-and-fight-for-shrinking-space\/","title":{"rendered":"Soaring Hong Kong rents: tenants pay more \u2013 and fight for shrinking space"},"content":{"rendered":"<p>&#013;<br \/>\nFor business owner Tracy Sung, flat-hunting in Hong Kong was complicated by two things \u2013 her pets and the intense competition in the rental market.<br \/>\nSung, who used to live in a 500 sq ft flat in Happy Valley, had to offer more than the landlord\u2019s asking price to secure an 800 sq ft property in Tseung Kwan O. The 28-year-old is paying about HK$35,000 (US$4,480) a month for her new home, compared with HK$28,000 previously.<br \/>\nThe neighbourhood in Hang Hau offered what she considered the most&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3341982\/soaring-hong-kong-rents-tenants-pay-more-and-fight-shrinking-space?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Soaring Hong Kong rents: tenants pay more \u2013 and fight for shrinking space<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; For business owner Tracy Sung, flat-hunting in Hong Kong was complicated by two things \u2013&#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-170454","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-Ilg","jetpack-related-posts":[{"id":61026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-records-highest-rent-ever-in-the-second-quarter\/","url_meta":{"origin":170454,"position":0},"title":"Hong Kong records highest rent ever in the second quarter","date":"July 18, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residential market continues to be red hot as rents for private flats hit another new high in the second quarter this year. Average cost for renting a second-hand flat rose as much as 2.9 per cent on quarter to HK$35.10 per square foot during the April to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71863,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shopping-centre-rents-on-the-rise-as-good-sales-prospects-draw-retailers\/","url_meta":{"origin":170454,"position":1},"title":"Hong Kong shopping centre rents on the rise as good sales prospects draw retailers","date":"November 15, 2017","format":false,"excerpt":"\r Rents at some Hong Kong shopping centres have climbed to as high as HK$1,000 (US$128) per square foot as improving sales at the city\u2019s malls increase their attraction as a location for retailers. In a stark contrast to the rising number of empty street-level shops in the city\u2019s main\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82659,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-rents-snap-22-month-increase-in-february-but-upward-trajectory-likely-to-resume\/","url_meta":{"origin":170454,"position":2},"title":"Hong Kong rents snap 22-month increase in February, but upward trajectory likely to resume","date":"March 14, 2018","format":false,"excerpt":"\r Rents in Hong Kong fell for the first time in 22 months in February, but analysts said the decline was likely to be temporary on account of a lull in leasing activity because of the Lunar New Year holiday last month. Average apartment rents dropped 1.4 per cent to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101574,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-auction-oddity-37-court-ordered-properties-for-sale-including-a-60-sq-ft-space-with-a-reserve-price-of-us128\/","url_meta":{"origin":170454,"position":3},"title":"Hong Kong auction oddity: 37 court-ordered properties for sale, including a 60 sq ft space with a reserve price of US$128","date":"November 23, 2018","format":false,"excerpt":"\r A 60 square foot industrial space in Fanling will be auctioned off at the ultra-low starting price of HK$1,000, among a batch of 37 industrial properties in adjacent buildings set to go under the hammer as part of a court-ordered sale on Wednesday. The company overseeing the property sale,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159915,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-office-leasing-market-picks-up-pace-for-fourth-straight-month\/","url_meta":{"origin":170454,"position":4},"title":"Hong Kong\u2019s office leasing market picks up pace for fourth straight month","date":"August 26, 2025","format":false,"excerpt":"\r Office-leasing activity in Hong Kong rose for a fourth straight month in July, chipping away at the elevated vacancy rates that continue to weigh on rents, according to JLL. Tenants leased a net 190,000 sq ft of prime office space last month, the property consultancy said on Monday. Among\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-public-housing-flat-sells-for-record-hk5-26-million\/","url_meta":{"origin":170454,"position":5},"title":"Hong Kong public housing flat sells for record HK$5.26 million","date":"July 2, 2019","format":false,"excerpt":"\r Hong Kong\u2019s property market continues to make waves in these turbulent times.A 598 square feet flat at Fung Tak Estate in Wong Tai Sin, Kowloon, has been sold for HK$5.26 million (US$674,000), making it the most expensive public rental housing unit in Hong Kong, according to data from the\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\/170454"}],"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=170454"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170454\/revisions"}],"predecessor-version":[{"id":170455,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170454\/revisions\/170455"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=170454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=170454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=170454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}