{"id":54713,"date":"2017-05-14T14:46:08","date_gmt":"2017-05-14T07:46:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-hip-to-work-in-quarry-bay-as-foreign-firms-exodus-central\/"},"modified":"2017-05-14T14:50:35","modified_gmt":"2017-05-14T07:50:35","slug":"its-hip-to-work-in-quarry-bay-as-foreign-firms-exodus-central","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-hip-to-work-in-quarry-bay-as-foreign-firms-exodus-central\/","title":{"rendered":"It\u2019s hip to work in Quarry Bay, as foreign firms exodus Central"},"content":{"rendered":"


\nQuarry Bay is quickly becoming Hong Kong\u2019s new hip business district, as mainland companies take over Central, and foreign firms leave in their droves.
\nAs mainlanders continue to swoop on trophy buildings in Central, foreign multinationals are relocating to the east of Hong Kong Island, and this \u201cdecentralisation\u201d has been the prominent trend in the office market, say leading property agents.
\nThe latest findings from real estate services firm JLL show the total number of new…
\n
\nSource : South China Morning Post
\nRead more…It\u2019s hip to work in Quarry Bay, as foreign firms exodus Central<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Quarry Bay is quickly becoming Hong Kong\u2019s new hip business district, as mainland companies take...<\/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-54713","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-eet","jetpack-related-posts":[{"id":78729,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-properties-tops-out-latest-office-tower-in-hong-kongs-new-eastern-cbd\/","url_meta":{"origin":54713,"position":0},"title":"Swire Properties tops out latest office tower in Hong Kong\u2019s new \u2018eastern CBD\u2019","date":"February 2, 2018","format":false,"excerpt":"\r Swire Properties, the real estate giant, has topped out its latest office tower in Quarry Bay with over half the units pre-leased already to multinational corporations \u2013 very much in line with the growing trend of more foreign firms moving out of the city\u2019s Central district. One Taikoo Place\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42361,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-record-office-rents-drive-more-firms-out-of-central-to-outer-suburbs\/","url_meta":{"origin":54713,"position":1},"title":"Hong Kong\u2019s record office rents drive more firms out of Central to outer suburbs","date":"January 31, 2017","format":false,"excerpt":"\r More European and US companies operating in Hong Kong are moving out of the city\u2019s Central district, relocating their offices to outer suburbs to save on rent in the world\u2019s costliest major urban centre. In the latest sign of the change, legal firm Freshfields Bruckhaus Deringer and asset manager\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127111,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/broker-exodus-high-rents-and-electronic-trading-have-seen-more-than-half-of-hong-kongs-brokerages-leave-central-since-1997\/","url_meta":{"origin":54713,"position":2},"title":"Broker exodus: high rents and electronic trading have seen more than half of Hong Kong\u2019s brokerages leave Central since 1997","date":"June 22, 2022","format":false,"excerpt":"\r About half of the city\u2019s brokerage firms today are in Wan Chai, Causeway Bay and farther-flung districts \u2013 a big change from the pre-handover days when rents were lower and electronic trading did not exist.\r \r Source : South China Morning Post\r Read more...Broker exodus: high rents and electronic\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-firms-relocate-their-hong-kong-offices-to-outer-suburbs-as-mainland-companies-take-over-central\/","url_meta":{"origin":54713,"position":3},"title":"Foreign firms relocate their Hong Kong offices to outer suburbs as mainland companies take over Central","date":"May 9, 2017","format":false,"excerpt":"\r As mainland companies continue to swoop on trophy buildings in Hong Kong\u2019s Central district, foreign multinationals are relocating their Hong Kong offices to outer suburbs. According to new findings from real estate services firm JLL, the total number of new lettings in Central is down 47 per cent month-on-month\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146813,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-keen-on-wang-ons-finnie-project-in-quarry-bay-with-pricing-one-third-lower-than-2021\/","url_meta":{"origin":54713,"position":4},"title":"Buyers keen on Wang On\u2019s Finnie project in Quarry Bay, with pricing one third lower than 2021","date":"August 24, 2024","format":false,"excerpt":"\r Homebuyers snapped up the flats offered by Wang On Properties at a residential project in Hong Kong\u2019s Eastern district on Saturday, after the developer cut prices.\r \r Source : South China Morning Post\r Read more...Buyers keen on Wang On\u2019s Finnie project in Quarry Bay, with pricing one third lower\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103929,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sfc-throws-in-the-towel-on-central-rents-signs-on-for-new-office-space-at-one-island-east\/","url_meta":{"origin":54713,"position":5},"title":"Hong Kong\u2019s SFC throws in the towel on Central rents, signs on for new office space at One Island East","date":"February 13, 2019","format":false,"excerpt":"\r The Securities and Futures Commission (SFC) plans to move out of its Central office to save on rental costs as it forecasts a deficit of HK$230 million (US$29.3 million) for the year ahead. The city\u2019s securities regulator has taken out an eight-year lease in Swire Properties\u2019 One Island East\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/54713"}],"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=54713"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/54713\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=54713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=54713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=54713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}