{"id":172570,"date":"2026-09-16T06:00:15","date_gmt":"2026-09-15T23:00:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-commercial-property-downturn-to-worsen-amid-tightening-credit-agents\/"},"modified":"2026-09-16T06:15:23","modified_gmt":"2026-09-15T23:15:23","slug":"hong-kong-commercial-property-downturn-to-worsen-amid-tightening-credit-agents","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-commercial-property-downturn-to-worsen-amid-tightening-credit-agents\/","title":{"rendered":"Hong Kong commercial property downturn to worsen amid tightening credit: agents"},"content":{"rendered":"<p>&#013;<br \/>\nCommercial property prices in Hong Kong are likely to continue their downward spiral, as the market risks getting trapped in a \u201cvicious cycle\u201d of tighter bank lending and weakening demand, a property agency has warned.<br \/>\nBanks in the city had adopted a more conservative approach towards approving mortgages for commercial properties over the past three years, introducing stricter approval standards and terms, said Eric Tso Tak-ming, chief vice-president at mReferral Mortgage Brokerage Services, at&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3367633\/hong-kong-commercial-property-downturn-worsen-amid-tightening-credit-agents?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong commercial property downturn to worsen amid tightening credit: agents<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Commercial property prices in Hong Kong are likely to continue their downward spiral, as the&#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-172570","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-ITo","jetpack-related-posts":[{"id":122406,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-deals-set-to-plunge-in-october-amid-fears-beijing-is-tightening-its-grip-on-the-housing-market\/","url_meta":{"origin":172570,"position":0},"title":"Hong Kong property deals set to plunge in October amid fears Beijing is tightening its grip on the housing market","date":"October 6, 2021","format":false,"excerpt":"\r The number of property deals taking place in Hong Kong is set to slide for a third month in October as buyers await clarity on housing policy amid rumours that Beijing is muscling in to control the local market.The overall number of transactions, including residential, commercial and industrial properties,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112162,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-agencies-centaline-midland-see-commercial-property-agents-depart-as-deals-plunge-amid-protests\/","url_meta":{"origin":172570,"position":1},"title":"Hong Kong agencies Centaline, Midland see commercial property agents depart as deals plunge amid protests","date":"November 6, 2019","format":false,"excerpt":"\r Two of Hong Kong\u2019s largest property agencies have either cut headcount or seen staff members leave amid a slump in commercial property transactions.Centaline Commercial and Midland IC&I have both shrunk their ranks by about 40 people each, as the city\u2019s anti-government protests weigh on the sector. The total number\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102748,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-office-landlords-are-lifting-the-bar-on-creditworthiness-as-more-commercial-tenants-walk-away-from-leases\/","url_meta":{"origin":172570,"position":2},"title":"Hong Kong\u2019s office landlords are lifting the bar on creditworthiness as more commercial tenants walk away from leases","date":"January 8, 2019","format":false,"excerpt":"\r Commercial landlords in Hong Kong, who own some of the world\u2019s most expensive offices, are doubling or tripling the money that tenants must put down as deposit, as a downturn in business sentiment and tightening liquidity in China have led to several cases of renters reneging on leases. Tenants\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55585,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mixed-reaction-to-latest-measures-to-cool-hong-kong-property-market\/","url_meta":{"origin":172570,"position":3},"title":"Mixed reaction to latest measures to cool Hong Kong property market","date":"May 22, 2017","format":false,"excerpt":"\r Hong Kong property stocks slipped as a whole in value on Monday after the government tightened mortgage measures to cool the city\u2019s overheating market. After the markets closed on Friday, the Hong Kong Monetary Authority ordered commercial banks to allocate a larger risk weighting towards their assessment of credit\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149578,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-banks-face-rising-risks-amid-prolonged-property-slump-moodys-warns\/","url_meta":{"origin":172570,"position":4},"title":"Hong Kong banks face rising risks amid prolonged property slump, Moody\u2019s warns","date":"February 20, 2025","format":false,"excerpt":"\r Moody\u2019s highlights the potential for higher loan-loss provisions and a tightening of credit lines, particularly for smaller developers.\r \r Source : South China Morning Post\r Read more...Hong Kong banks face rising risks amid prolonged property slump, Moody\u2019s warns","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/commercial-property-crisis-looms-in-hong-kong-amid-sliding-values\/","url_meta":{"origin":172570,"position":5},"title":"Commercial property crisis looms in Hong Kong amid sliding values","date":"July 10, 2025","format":false,"excerpt":"\r Hong Kong is facing a commercial real estate crisis, with small and medium-sized developers as well as banks under increasing pressure as capital values slide amid lethargic leasing activity, according to JLL. The capital value of commercial property was set to drop by \u201ca further 5 to 10 per\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\/172570"}],"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=172570"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172570\/revisions"}],"predecessor-version":[{"id":172571,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172570\/revisions\/172571"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}