{"id":19008,"date":"2016-07-07T19:34:37","date_gmt":"2016-07-07T12:34:37","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retailers-being-offered-cheaper-rents-and-shorter-leases-even-for-prime-sites\/"},"modified":"2016-07-07T19:38:46","modified_gmt":"2016-07-07T12:38:46","slug":"hong-kong-retailers-being-offered-cheaper-rents-and-shorter-leases-even-for-prime-sites","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retailers-being-offered-cheaper-rents-and-shorter-leases-even-for-prime-sites\/","title":{"rendered":"Hong Kong retailers being offered cheaper rents and shorter leases, even for prime sites"},"content":{"rendered":"<p>&#013;<\/p>\n<p>  Hong Kong\u2019s retail property market is now experiencing some of weirdest phenomena of recent times, as landlords of ground-level shops not only slash rents significantly, but also offer extremely short tenancy periods, even in prime locations.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/article\/1986735\/hong-kong-retailers-being-offered-cheaper-rents-and-shorter-leases-even\" target=\"_blank\">Hong Kong retailers being offered cheaper rents and shorter leases, even for prime sites<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s retail property market is now experiencing some of weirdest phenomena of recent times,&#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-19008","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\/p75ss1-4WA","jetpack-related-posts":[{"id":147280,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/discounted-rents-help-mainland-chinese-retailers-snag-prime-spots-in-hong-kong\/","url_meta":{"origin":19008,"position":0},"title":"Discounted rents help mainland Chinese retailers snag prime spots in Hong Kong","date":"October 3, 2024","format":false,"excerpt":"\r The slumping retail market is forcing landlords to extend deeper discounts, providing opportunities for brands to expand in the city.\r \r Source : South China Morning Post\r Read more...Discounted rents help mainland Chinese retailers snag prime spots in Hong Kong","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/upstairs-moves-downstairs-hong-kong-outlets-head-to-street-level-as-landlords-cut-rents\/","url_meta":{"origin":19008,"position":1},"title":"\u2018Upstairs\u2019 moves downstairs: Hong Kong outlets head to street level as landlords cut rents","date":"March 22, 2026","format":false,"excerpt":"\r Retailers and restaurant operators in Hong Kong are rethinking how they use space as rents fall and demand weakens by moving back to street-level shops and experimenting with short-term \u201cpop-up\u201d leases. Hing Kee Java Edible Bird\u2019s Nest (JEBN), known locally as \u201cLau Soeng\u201d \u2013 Cantonese for \u201cupstairs\u201d \u2013 built\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17216,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-streets-and-malls-see-character-change-as-fb-outlets-move-in-with-cheaper-rents\/","url_meta":{"origin":19008,"position":2},"title":"Hong Kong streets and malls see character change as F&amp;B outlets move in with cheaper rents","date":"June 21, 2016","format":false,"excerpt":"\r The character of Hong Kong streets and shopping malls is changing as more overseas food and beverage operators and retailers catering to local consumers move to the city to take advantage of sharp falls in rent, says Tom Gaffney, CBRE\u2019s managing director for Hong Kong, Ma\r \r Source :\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125853,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landlords-offer-deep-discounts-on-short-term-retail-leases-hope-to-raise-rents-in-the-next-market-rebound\/","url_meta":{"origin":19008,"position":3},"title":"Hong Kong landlords offer deep discounts on short-term retail leases, hope to raise rents in the next market rebound","date":"April 18, 2022","format":false,"excerpt":"\r Shop owners in Hong Kong prefer to cut rents only for short-term leases, hoping to lift the rates when the next quick retail turnaround arrives.\r \r Source : South China Morning Post\r Read more...Hong Kong landlords offer deep discounts on short-term retail leases, hope to raise rents in the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hot-property-big-banks-fashion-stores-seek-cheaper-eye-catching-hong-kong-retail\/","url_meta":{"origin":19008,"position":4},"title":"Hot property: Big banks, fashion stores seek \u2018cheaper\u2019, eye-catching Hong Kong retail","date":"August 31, 2026","format":false,"excerpt":"\r From big banks to fashion brands, tenants are taking advantage of potential lower rents for retail space in Hong Kong\u2019s prime areas as they utilise eye-catching locations to boost visibility towards customers, according to agents. HSBC is unveiling its first flagship branch at the Capitol Centre, which was previously\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-rents-yet-to-bottom-out-as-landlords-offer-deeper-discounts\/","url_meta":{"origin":19008,"position":5},"title":"Hong Kong retail rents yet to bottom out as landlords offer deeper discounts","date":"June 13, 2016","format":false,"excerpt":"\r Landlords of street level shops in prime locations in Hong Kong are slashing rents significantly in a bid to woo retailers whose business is suffering from dwindling tourist traffic, signalling that the market correction is not yet over.\r \r Source : South China Morning Post\r Read more...Hong Kong retail\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\/19008"}],"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=19008"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/19008\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=19008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=19008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=19008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}