{"id":171354,"date":"2026-04-15T13:50:31","date_gmt":"2026-04-15T06:50:31","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dbs-hong-kong-acquires-six-floors-at-the-center-in-us334-million-deal\/"},"modified":"2026-04-15T13:58:33","modified_gmt":"2026-04-15T06:58:33","slug":"dbs-hong-kong-acquires-six-floors-at-the-center-in-us334-million-deal","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dbs-hong-kong-acquires-six-floors-at-the-center-in-us334-million-deal\/","title":{"rendered":"DBS Hong Kong acquires six floors at The Center in US$334 million deal"},"content":{"rendered":"


\nDBS Bank (Hong Kong) has agreed to pay about HK$2.62 billion (US$334 million) for six floors at The Center \u2013 once the world\u2019s most expensive skyscraper \u2013 marking the city\u2019s largest office transaction so far this year.
\nThe lender acquired the 26th, 32nd, 36th, 37th, 56th and 76th floors late last month, with the deal registered on Tuesday, according to Land Registry records. The purchase adds 151,934 sq ft of gross floor area, DBS said in a statement on Wednesday.
\nThe price works out to roughly…
\n
\nSource : South China Morning Post
\nRead more…DBS Hong Kong acquires six floors at The Center in US4 million deal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

DBS Bank (Hong Kong) has agreed to pay about HK$2.62 billion (US$334 million) for six...<\/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-171354","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-IzM","jetpack-related-posts":[{"id":95227,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-second-tier-cities-set-for-rapid-house-price-inflation-in-coming-decade-overshadowing-hong-kong-says-dbs\/","url_meta":{"origin":171354,"position":0},"title":"China\u2019s second-tier cities set for rapid house price inflation in coming decade, overshadowing Hong Kong, says DBS","date":"August 2, 2018","format":false,"excerpt":"\r Hong Kong\u2019s soaring housing market is beginning to show signs of fatigue, an indication that it is likely to be overtaken by other Chinese cities in terms of price appreciation in the years to come, according to investment bank DBS. Prices are unlikely to rise meaningfully in the second\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/winter-not-spring-is-coming-for-hong-kongs-housing-market-says-dbs\/","url_meta":{"origin":171354,"position":1},"title":"Winter, not spring, is coming for Hong Kong\u2019s housing market, says DBS","date":"March 13, 2019","format":false,"excerpt":"\r The recent uptick in the city\u2019s housing market should be viewed with caution, as improving sentiment could prove short-lived once the weight of the trade war and other headwinds factor back into view, according to new research from DBS Bank (Hong Kong).Hong Kong\u2019s housing market is set for a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142218,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-church-island-ecc-acquires-floors-in-building-home-to-famous-sunbeam-theatre-as-its-permanent-home\/","url_meta":{"origin":171354,"position":2},"title":"Hong Kong church Island ECC acquires floors in building home to famous Sunbeam Theatre as its \u2018permanent home\u2019","date":"February 6, 2024","format":false,"excerpt":"\r The church has secured several floors at the property at 413-423 King\u2019s Road as its \u2018future permanent home in Hong Kong\u2019, it said in a statement on its website.\r \r Source : South China Morning Post\r Read more...Hong Kong church Island ECC acquires floors in building home to famous\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-policy-has-to-be-part-of-any-solution-in-hong-kong\/","url_meta":{"origin":171354,"position":3},"title":"Housing policy 'has to be' part of any solution in Hong Kong","date":"November 21, 2019","format":false,"excerpt":"\r Taimur Baig of DBS Group Research says the one country, two systems framework can only be sustainable if Hong Kong has a significant amount of prosperity and progress. However, rising inequality and unaffordability issues have created a \"great deal of angst\" in the city, he says.\r \r Source :\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57570,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-to-issue-s170mil-bonds\/","url_meta":{"origin":171354,"position":4},"title":"GuocoLand to issue S$170mil bonds","date":"June 12, 2017","format":false,"excerpt":"\r Singapore-listed real estate developer GuocoLand plans to issue bonds collectively valued at SGD170 million that pays an interest rate of 3.9%, reported The Business Times. Expected to be issued on Thursday (15 June), the bonds will mature by February 2023. GuocoLand will use the net proceeds from the issuance\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110805,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-us64-billion-property-management-market-ripe-for-consolidation-as-developers-seek-growth-amid-slowdown\/","url_meta":{"origin":171354,"position":5},"title":"China\u2019s US$64 billion property management market ripe for consolidation as developers seek growth amid slowdown","date":"September 16, 2019","format":false,"excerpt":"\r China\u2019s 450 billion yuan (US$63.6 billion) property management market is likely to see some consolidation, as the mainland\u2019s real estate companies look for alternative sources of growth amid declining profit in the wake of the government\u2019s cooling measures, according to DBS Bank.Danielle Wang, head of China property team at\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\/171354"}],"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=171354"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171354\/revisions"}],"predecessor-version":[{"id":171355,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171354\/revisions\/171355"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=171354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=171354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=171354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}