{"id":63118,"date":"2017-08-08T15:59:34","date_gmt":"2017-08-08T08:59:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-decentralisation-trend-in-hong-kong-continues-but-rents-remain-high\/"},"modified":"2017-08-08T16:08:55","modified_gmt":"2017-08-08T09:08:55","slug":"office-decentralisation-trend-in-hong-kong-continues-but-rents-remain-high","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-decentralisation-trend-in-hong-kong-continues-but-rents-remain-high\/","title":{"rendered":"Office decentralisation trend in Hong Kong continues but rents remain high"},"content":{"rendered":"


\nEven as more companies relocate their offices away from Hong Kong\u2019s central business district to escape high costs, rents in Central have climbed back up to their 2008 peak levels driven by sustained demand from mainland Chinese corporates and a tight vacancy situation.
\nAccording to the midyear Hong Kong property review published by real estate services firm JLL, the demand for Grade A offices in the first half of this year was focused outside of Central. But leasing demand in Central was…
\n
\nSource : South China Morning Post
\nRead more…Office decentralisation trend in Hong Kong continues but rents remain high<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Even as more companies relocate their offices away from Hong Kong\u2019s central business district to...<\/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-63118","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-gq2","jetpack-related-posts":[{"id":69960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-heights-for-hong-kong-prime-office-rents-as-mainland-companies-fuel-demand\/","url_meta":{"origin":63118,"position":0},"title":"New heights for Hong Kong prime office rents, as mainland companies fuel demand","date":"October 25, 2017","format":false,"excerpt":"\r Hong Kong has become even more costly in terms of high-end office space, as strong demand among mainland Chinese companies continues to push up rents in the central business district, according to data for the first three quarters of the year. Grade A office rents in Hong Kong rose\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gloomy-outlook-for-central-office-rents-in-hong-kong-as-economic-storm-clouds-gather-analysts-say\/","url_meta":{"origin":63118,"position":1},"title":"Gloomy outlook for Central office rents in Hong Kong, as economic storm clouds gather, analysts say","date":"December 23, 2018","format":false,"excerpt":"\r Rents of grade A offices in Central, the most expensive globally, could see a decline of up to 6 per cent in 2019 after they dropped for the first time in November amid growing trade and economic concerns, according to analysts. Monthly office rents in Central and the surrounding\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89884,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kong-on-the-brink-of-soaring-past-all-time-high-set-before-2008-financial-crisis\/","url_meta":{"origin":63118,"position":2},"title":"Office rents in Hong Kong on the brink of soaring past all-time high set before 2008 financial crisis","date":"May 30, 2018","format":false,"excerpt":"\r Office rents in Central, the most expensive place to rent office space in the world, is closing in on levels reached before the 2008 financial crisis, with market watchers believing a new high will be reached soon, driven by a paucity of supply and rapid inflow of Chinese companies.\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":63118,"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":98724,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stratospheric-rents-in-hong-kongs-central-no-problem-for-crypto-start-ups\/","url_meta":{"origin":63118,"position":4},"title":"Stratospheric rents in Hong Kong\u2019s Central? No problem for crypto start-ups","date":"September 28, 2018","format":false,"excerpt":"\r It\u2019s going to take more than a $600 billion crash in digital assets to deter cryptocurrency companies from splashing out on some the world\u2019s priciest offices. Crypto exchanges and investment funds are leasing space in several of the most prestigious buildings in Hong Kong, home to the highest rents\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162729,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-rents-flirt-with-record-will-keep-rising-next-year-agents\/","url_meta":{"origin":63118,"position":5},"title":"Hong Kong rents flirt with record, will keep rising next year: agents","date":"October 16, 2025","format":false,"excerpt":"\r Hong Kong\u2019s residential rental market has improved for eight consecutive months, with rents reaching a record high amid sustained local and overseas demand as analysts predict the gains will continue into 2026. Home rents in the city have increased 2.95 per cent this year, according to Benny Sham, an\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\/63118"}],"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=63118"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/63118\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=63118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=63118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=63118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}