{"id":71088,"date":"2017-11-07T06:03:07","date_gmt":"2017-11-06T23:03:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-go-up-in-apm-mall-amid-expectations-of-strong-christmas-sales\/"},"modified":"2017-11-07T07:03:55","modified_gmt":"2017-11-07T00:03:55","slug":"rents-go-up-in-apm-mall-amid-expectations-of-strong-christmas-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-go-up-in-apm-mall-amid-expectations-of-strong-christmas-sales\/","title":{"rendered":"Rents go up in APM mall amid expectations of strong Christmas sales"},"content":{"rendered":"


\nRents at APM, Sun Hung Kai Properties\u2019s flagship mall in Kowloon East, have gone up by as much as 15 per cent as leases have come up for renewal this year.
\nMaureen Fung Sau-yim, the executive director of Sun Hung Kai Properties (China), a wholly owned subsidiary of Sun Hung Kai Properties, said the company has renewed 71 leases involving 230,000 square feet, or 40 per cent of total space, at APM in Kwun Tong since January.
\n\u201cRents for these new leases have risen by 10 per cent to 15…
\n
\nSource : South China Morning Post
\nRead more…Rents go up in APM mall amid expectations of strong Christmas sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rents at APM, Sun Hung Kai Properties\u2019s flagship mall in Kowloon East, have gone up...<\/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-71088","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-iuA","jetpack-related-posts":[{"id":59735,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mall-operators-spend-big-to-draw-young-shoppers-this-summer\/","url_meta":{"origin":71088,"position":0},"title":"Mall operators spend big to draw young shoppers this summer","date":"July 4, 2017","format":false,"excerpt":"\r Hong Kong\u2019s mall operators seem to be pulling out all the stops to woo young shoppers this summer. A digital basketball court where you can practise shooting virtual hoops, and a reconstructed classic scene from a Transformers movie are among the elaborate gimmicks being deployed in an attempt to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111500,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-mall-owners-push-back-at-tenants-pleas-to-cut-rents-even-as-retail-sales-shrink-amid-unrelenting-protests\/","url_meta":{"origin":71088,"position":1},"title":"Hong Kong\u2019s mall owners push back at tenants\u2019 pleas to cut rents even as retail sales shrink amid unrelenting protests","date":"October 11, 2019","format":false,"excerpt":"\r Hong Kong\u2019s leading mall owners are looking at various options to help struggling tenants amid the unrelenting protests, but most of them are reluctant to commit to rent cuts even after the city recorded its worst monthly sales in August.Although Sun Hung Kai Properties, Wharf (Holdings), Hysan Development, Swire\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111608,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-offers-relief-for-struggling-retailers-plans-to-waive-rents-on-days-shopping-centres-are-closed-due-to-protests\/","url_meta":{"origin":71088,"position":2},"title":"Sun Hung Kai offers relief for struggling retailers, plans to waive rents on days shopping centres are closed due to protests","date":"October 15, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, which owns 12 million sq ft of retail space in Hong Kong, said it will waive rents and other expenses on days its shopping centres remain closed because of the protests.Hong Kong\u2019s largest developer by market value has had to close some of its shopping\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113078,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-hong-kongs-largest-developer-says-situation-sars-like-with-hotels-revenue-down-by-50-per-cent\/","url_meta":{"origin":71088,"position":3},"title":"Sun Hung Kai Properties, Hong Kong\u2019s largest developer, says situation \u2018Sars-like\u2019 with hotels revenue down by 50 per cent","date":"December 16, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s biggest developer by value, said revenue at its hotels division had plummeted by up to half in November and December, as the city\u2019s tourism industry struggled to stay afloat amid seven months of anti-government protests and the US-China trade war.Revenue per available room\u2026","rel":"","context":"In "Property 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News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124699,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-sun-hung-kai-properties-hysan-post-declining-profits-say-more-challenges-ahead\/","url_meta":{"origin":71088,"position":5},"title":"Hong Kong developers Sun Hung Kai Properties, Hysan post declining profits, say more challenges ahead","date":"February 24, 2022","format":false,"excerpt":"\r Two of Hong Kong\u2019s biggest property developers and retail landlords have posted declining results and foresee more challenges ahead, as the city\u2019s social distancing rules keep consumers away from shopping centres.Sun Hung Kai Properties (SHKP), which owns neighbourhood shopping centres New Town Plaza and Yoho Mall in Sha Tin\u2026","rel":"","context":"In "Property 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