{"id":3441,"date":"2016-02-02T20:03:22","date_gmt":"2016-02-02T13:03:22","guid":{"rendered":"http:\/\/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\/"},"modified":"2016-02-02T20:10:13","modified_gmt":"2016-02-02T13:10:13","slug":"vacancy-rate-in-hong-kongs-causeway-bay-ground-level-shops-seen-hitting-10-per-cent-after-chinese-new-year","status":"publish","type":"post","link":"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\/","title":{"rendered":"Vacancy rate in Hong Kong\u2019\ns Causeway Bay ground level shops seen hitting 10 per cent after Chinese New Year"},"content":{"rendered":"<p>&#013;<\/p>\n<p>  One in 10 ground level shops in Causeway Bay &#8211; Hong Kong\u2019s glitziest shopping district &#8211; 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 mon&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/companies\/article\/1908761\/vacancy-rate-hong-kong-s-causeway-bay-ground-level-shops-seen\" target=\"_blank\">Vacancy rate in Hong Kong\u2019<br \/>\ns Causeway Bay ground level shops seen hitting 10 per cent after Chinese New Year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; One in 10 ground level shops in Causeway Bay &#8211; Hong Kong\u2019s glitziest shopping district&#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-3441","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-Tv","jetpack-related-posts":[{"id":110869,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/causeway-bays-retail-vacancy-rate-to-soar-with-one-in-10-shops-standing-empty-as-hong-kongs-street-rallies-enter-their-15th-week\/","url_meta":{"origin":3441,"position":0},"title":"Causeway Bay\u2019s retail vacancy rate to soar, with one in 10 shops standing empty as Hong Kong\u2019s street rallies enter their 15th week","date":"September 18, 2019","format":false,"excerpt":"\r One in every 10 shops in Causeway Bay now stands empty, as three months of protest rallies have deterred visitors from the world\u2019s most expensive shopping district, adding to the woes of a retail industry that is already suffering from a weakening yuan and mainland China\u2019s abolition of luxury\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shops-in-causeway-bay-see-sales-hit-by-hong-kong-protests-says-landlord-hang-lung-as-retail-rents-seen-tanking\/","url_meta":{"origin":3441,"position":1},"title":"Shops in Causeway Bay see sales hit by Hong Kong protests, says landlord Hang Lung, as retail rents seen tanking","date":"July 30, 2019","format":false,"excerpt":"\r Hong Kong\u2019s retail sector has been hit by weeks of protests that have frequently descended into violence, according to Hang Lung Properties, a major landlord in one of the city\u2019s best known shopping areas.The company\u2019s chief executive Weber Lo said the mass rallies had damaged sales of its tenants\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118629,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-sector-stuck-in-the-doldrums-pushes-vacancy-rate-of-street-level-shops-to-record-high\/","url_meta":{"origin":3441,"position":2},"title":"Hong Kong\u2019s retail sector, stuck in the doldrums, pushes vacancy rate of street-level shops to record high","date":"September 15, 2020","format":false,"excerpt":"\r The vacancy rate of street level shops in Hong Kong\u2019s four major shopping districts \u2013 Causeway Bay, Mong Kok, Central and Tsim Sha Tsui \u2013 has reached a record high of 12.6 per cent and is expected to climb to 14 per cent in the first quarter next year,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-prime-office-vacancy-hits-7-month-low-on-central-spillover-demand\/","url_meta":{"origin":3441,"position":3},"title":"Hong Kong prime office vacancy hits 7-month low on Central spillover demand","date":"June 25, 2026","format":false,"excerpt":"\r Hong 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. With Central\u2019s grade A office vacancy rate holding steady at 9.2 per cent, tenants appeared to have found\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shuttered-shopfronts-show-impact-of-e-commerce-on-hong-kongs-retail-sector\/","url_meta":{"origin":3441,"position":4},"title":"Shuttered shopfronts show impact of e-commerce on Hong Kong\u2019s retail sector","date":"June 13, 2018","format":false,"excerpt":"\r The rise of e-commerce has already spelt the end for some of Hong Kong\u2019s best-known bricks-and-mortar stores, even though the city still lags behind other markets in embracing the new shopping model. In Causeway Bay, on the third floor of the once-bustling Island Beverley Shopping Centre in Causeway Bay,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34428,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/causeway-bay-and-tsim-sha-tsui-retain-allure-for-retailers-in-spite-of-sluggish-times\/","url_meta":{"origin":3441,"position":5},"title":"Causeway Bay and Tsim Sha Tsui retain allure for retailers in spite of sluggish times","date":"November 15, 2016","format":false,"excerpt":"\r The prime shopping hubs of Causeway Bay and Tsim Sha Tsui, among the most expensive in Hong Kong in terms of rental costs, remain attractive for retailers amid overall sluggishness in the sector. Retail rents in Causeway Bay fell 8 per cent in the rental index in the third\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\/3441"}],"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=3441"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/3441\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=3441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=3441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=3441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}