{"id":29471,"date":"2016-10-11T14:37:57","date_gmt":"2016-10-11T07:37:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-hotel-executive-has-an-instant-solution-to-help-tackle-hong-kongs-outrageous-home-prices\/"},"modified":"2016-10-11T14:58:08","modified_gmt":"2016-10-11T07:58:08","slug":"this-hotel-executive-has-an-instant-solution-to-help-tackle-hong-kongs-outrageous-home-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-hotel-executive-has-an-instant-solution-to-help-tackle-hong-kongs-outrageous-home-prices\/","title":{"rendered":"This hotel executive has an instant solution to help tackle Hong Kong\u2019s \u2018outrageous\u2019 home prices"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s tourism downturn may provide an answer to the city\u2019s housing problem if government amends its land policy to allow hotel rooms to be put up for sale or for rental, helping to ease the housing supply shortage, according to a real estate investment executive.<br \/>\nMagnificent Hotel Investments chairman William Cheng Kai-ming has urged the government to amend land policies to allow the sale or long term rental of hotel rooms, saying that it makes sense to tweak the rules in&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2027032\/hotel-executive-has-instant-solution-help-tackle-hong-kongs\" target=\"_blank\">This hotel executive has an instant solution to help tackle Hong Kong\u2019s \u2018outrageous\u2019 home prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s tourism downturn may provide an answer to the city\u2019s housing problem if government&#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-29471","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\/p75ss1-7Fl","jetpack-related-posts":[{"id":124598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-hong-kong-hotel-firms-carrie-lam-to-discuss-arrangement-of-another-10000-rooms-for-isolation-use\/","url_meta":{"origin":29471,"position":0},"title":"Coronavirus: Hong Kong hotel firms, Carrie Lam to discuss arrangement of another 10,000 rooms for isolation use","date":"February 16, 2022","format":false,"excerpt":"\r Hong Kong\u2019s leader is to meet the city\u2019s property developers on Wednesday to discuss the use of an additional 10,000 rooms to alleviate a dire shortage of isolation facilities.Builders and hotel owners that are part of the Real Estate Developers Association (Reda), a powerful industry group, are expected to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148875,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tourism-student-housing-to-give-hong-kongs-hotel-assets-a-bump-experts-say\/","url_meta":{"origin":29471,"position":1},"title":"Tourism, student housing to give Hong Kong\u2019s hotel assets a bump, experts say","date":"January 21, 2025","format":false,"excerpt":"\r A promising year awaits hoteliers as tourism rebounds and owners looking to sell their assets for better prices, industry experts say.\r \r Source : South China Morning Post\r Read more...Tourism, student housing to give Hong Kong\u2019s hotel assets a bump, experts say","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/owners-of-hong-kongs-connaught-hotel-slash-sale-price-by-40-amid-property-downturn\/","url_meta":{"origin":29471,"position":2},"title":"Owners of Hong Kong\u2019s Connaught hotel slash sale price by 40% amid property downturn","date":"September 3, 2024","format":false,"excerpt":"\r The four-star hotel is among a slew of hotels and offices that have been put on the market at reduced prices by landlords and owners recently.\r \r Source : South China Morning Post\r Read more...Owners of Hong Kong\u2019s Connaught hotel slash sale price by 40% amid property downturn","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116920,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shamrock-hotel-favourite-haunt-of-bruce-lees-family-to-shut-on-june-14-as-two-in-three-rooms-sit-empty-in-hong-kongs-recession\/","url_meta":{"origin":29471,"position":3},"title":"Shamrock Hotel, favourite haunt of Bruce Lee\u2019s family, to shut on June 14, as two in three rooms sit empty in Hong Kong\u2019s recession","date":"June 5, 2020","format":false,"excerpt":"\r Hong Kong\u2019s Shamrock Hotel, the favourite haunt of Bruce Lee\u2019s family during the 1950s, will close after almost seven decades in business, bowing to a recession in the city that is leaving two in every three hotel rooms empty.The nine-storey hotel, located on the corner of Bowring and Nathan\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171202,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/regals-us194-million-hotel-sale-highlights-investor-push-into-hong-kong-student-housing\/","url_meta":{"origin":29471,"position":4},"title":"Regal\u2019s US$194 million hotel sale highlights investor push into Hong Kong student housing","date":"March 23, 2026","format":false,"excerpt":"\r Regal Hotels International Holdings and its units have sold the 494-room Regal Kowloon Hotel for about HK$1.52 billion (US$194 million) to the real estate investment arm of Centaline Group, which operates one of Hong Kong\u2019s largest property agency networks, to be converted into a student hostel. Regal Hotels and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119492,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-guest-houses-happy-to-join-governments-transitional-homes-scheme-to-stay-afloat-during-covid-19-crisis\/","url_meta":{"origin":29471,"position":5},"title":"Hong Kong\u2019s guest houses happy to join government\u2019s transitional homes scheme to stay afloat during Covid-19 crisis","date":"December 9, 2020","format":false,"excerpt":"\r Steve Chan is keen on offering his guest houses in Hong Kong\u2019s Tsim Sha Tsui tourist district to the city as transitional housing to overcome the biggest crisis he has ever faced in 35 years of business.His company, Man Hing Lung Hotel, owns and operates 30 rooms across six\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\/29471"}],"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=29471"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/29471\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=29471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=29471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=29471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}