{"id":172068,"date":"2026-06-25T07:00:12","date_gmt":"2026-06-25T00:00:12","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-prime-office-vacancy-hits-7-month-low-on-central-spillover-demand\/"},"modified":"2026-06-25T12:15:40","modified_gmt":"2026-06-25T05:15:40","slug":"hong-kong-prime-office-vacancy-hits-7-month-low-on-central-spillover-demand","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-prime-office-vacancy-hits-7-month-low-on-central-spillover-demand\/","title":{"rendered":"Hong Kong prime office vacancy hits 7-month low on Central spillover demand"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s overall prime office vacancy rate fell to a seven-month low in May, driven by spillover demand from Central, where premium offices were close to full occupancy, according to JLL.<br \/>\nWith Central\u2019s grade A office vacancy rate holding steady at 9.2 per cent, tenants appeared to have found their way to neighbouring Wan Chai and Causeway Bay. Vacancy there edged down to 9.8 per cent in May from 10.4 per cent in April, the lowest in 10 months, the property consultancy said in its latest&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3358242\/hong-kong-prime-office-vacancy-hits-7-month-low-central-spillover-demand?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong prime office vacancy hits 7-month low on Central spillover demand<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s overall prime office vacancy rate fell to a seven-month low in May, driven&#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-172068","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-ILi","jetpack-related-posts":[{"id":172134,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-office-vacancy-rates-to-plateau-as-central-hits-43-month-low\/","url_meta":{"origin":172068,"position":0},"title":"Hong Kong office vacancy rates to plateau as Central hits 43-month low","date":"July 7, 2026","format":false,"excerpt":"\r Hong Kong\u2019s office property market is likely to see its empty spaces plateau at 14 per cent as vacancy rates in Central fell to more than a three-and-a-half-year low in June, according to JLL. The property consultancy said that although the overall vacancy rate for the office property sector\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171188,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-vacancy-rate-in-hong-kongs-central-falls-to-single-digits-after-2-years\/","url_meta":{"origin":172068,"position":1},"title":"Office vacancy rate in Hong Kong\u2019s Central falls to single digits after 2 years","date":"March 20, 2026","format":false,"excerpt":"\r Prime office vacancy rates in Hong Kong\u2019s main business district dropped to single digits for the first time in 26 months, lifting overall rents in the city\u2019s struggling office property market, according to JLL. The vacancy rate in Central for premium offices fell to 9.9 per cent in February\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116243,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-in-central-hong-kong-slash-rents-by-more-than-a-third-as-vacancy-climbs-to-six-year-high-amid-economy-crushed-by-coronavirus\/","url_meta":{"origin":172068,"position":2},"title":"Landlords in Central, Hong Kong slash rents by more than a third as vacancy climbs to six-year high amid economy crushed by coronavirus","date":"May 12, 2020","format":false,"excerpt":"\r Hong Kong\u2019s major landlords of premium office space in Central are cutting rents by more than a third \u2013 returning them to 2017 levels \u2013 as the sharp economic contraction caused by the coronavirus forces corporate tenants either to downsize or move somewhere cheaper.The vacancy rate in Central, the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-demand-helps-developers-clear-housing-stock-before-hong-kong-slaps-vacancy-tax-on-hoarders\/","url_meta":{"origin":172068,"position":3},"title":"Home demand helps developers clear housing stock before Hong Kong slaps vacancy tax on hoarders","date":"June 23, 2018","format":false,"excerpt":"\r Hong Kong\u2019s property buyers braved a downpour to snap up more than a hundred unoccupied apartment units, helping developers clear the unsold stock ahead of a government plan to impose a so-called vacancy tax to deter hoarding. As many as 111 units, or 63 per cent of the 176\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119239,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-banks-lose-appetite-for-prime-space-in-worlds-costliest-city-as-work-from-home-becomes-permanent-post-covid\/","url_meta":{"origin":172068,"position":4},"title":"Hong Kong banks lose appetite for prime space in world\u2019s costliest city as work-from-home becomes permanent post-Covid","date":"November 13, 2020","format":false,"excerpt":"\r Demand for Hong Kong\u2019s prime office space is likely to fall as some of the city\u2019s biggest banks, including Standard Chartered and HSBC, are considering more flexible working arrangements after their success during the coronavirus pandemic, according to market observers.Financial companies are some of the biggest commercial renters in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3441,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vacancy-rate-in-hong-kongs-causeway-bay-ground-level-shops-seen-hitting-10-per-cent-after-chinese-new-year\/","url_meta":{"origin":172068,"position":5},"title":"Vacancy rate in Hong Kong\u2019\ns Causeway Bay ground level shops seen hitting 10 per cent after Chinese New Year","date":"February 2, 2016","format":false,"excerpt":"\r One in 10 ground level shops in Causeway Bay - Hong Kong\u2019s glitziest shopping district - will become empty, the highest level since the Sars outbreak in 2003 as a slump in retail sales and tourist arrivals will force several to close down after the Lunar New Year this\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\/172068"}],"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=172068"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172068\/revisions"}],"predecessor-version":[{"id":172069,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172068\/revisions\/172069"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}