{"id":71142,"date":"2017-11-07T17:02:25","date_gmt":"2017-11-07T10:02:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-hong-kong-rents-soar-higher-after-the-centers-record-sale\/"},"modified":"2017-11-07T18:10:34","modified_gmt":"2017-11-07T11:10:34","slug":"will-hong-kong-rents-soar-higher-after-the-centers-record-sale","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-hong-kong-rents-soar-higher-after-the-centers-record-sale\/","title":{"rendered":"Will Hong Kong rents soar higher after The Center\u2019s record sale?"},"content":{"rendered":"<p>&#013;<br \/>\nThe sale of The Center in Central for a record HK$40.2 billion (US$5.15 billion) has given Hong Kong\u2019s office leasing and sales market a shot in the arm, but the flip side of the momentum will spur prices to surge further in the world\u2019s most expensive city to rent an office.<br \/>\nMarket observers also believe the deal would lead to the closure of more big-ticket transactions in the coming months.<br \/>\n\u201cTaking the positive atmosphere, landlords in Central will certainly revise rents&#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\/2118747\/will-hong-kong-rents-soar-higher-after-centres-record-sale\" target=\"_blank\">Will Hong Kong rents soar higher after The Center\u2019s record sale?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The sale of The Center in Central for a record HK$40.2 billion (US$5.15 billion) has&#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-71142","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-ivs","jetpack-related-posts":[{"id":146959,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-student-housing-boom-sees-investors-snap-up-assets-as-rents-soar\/","url_meta":{"origin":71142,"position":0},"title":"Hong Kong\u2019s student housing boom sees investors snap up assets as rents soar","date":"September 8, 2024","format":false,"excerpt":"\r Investors are converting discounted properties into student accommodation in Hong Kong, eyeing high demand and potential for growth.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s student housing boom sees investors snap up assets as rents soar","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94119,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-co-living-space-goes-upmarket-as-rents-and-home-prices-soar\/","url_meta":{"origin":71142,"position":1},"title":"Hong Kong\u2019s co-living space goes upmarket as rents and home prices soar","date":"July 18, 2018","format":false,"excerpt":"\r In Hong Kong, the world\u2019s most expensive place to live, the economical concept of co-living that is popular among young people has moved upscale. District15, developer of The Nate in Tsim Sha Tsui is leasing out space from HK$15,000 (US$1,911) to HK$25,000, rates relatively steep by co-living standards, though\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5546,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-at-popular-hong-kong-housing-estates-falling-faster-than-home-sale-prices\/","url_meta":{"origin":71142,"position":2},"title":"Rents at popular Hong Kong housing estates falling faster than home sale prices","date":"February 23, 2016","format":false,"excerpt":"\r Rents at blue-chip housing estates are falling faster than home prices as a growing number of middle-class families start to cut their accommodation budget in anticipation of salary cuts amid a bleak economic outlook.\r \r Source : South China Morning Post\r Read more...Rents at popular Hong Kong housing estates\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36132,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-hong-kong-airport-likely-to-become-target-for-developers-eyeing-key-source-of-land\/","url_meta":{"origin":71142,"position":3},"title":"Former Hong Kong airport likely to become target for developers eyeing key source of land","date":"November 27, 2016","format":false,"excerpt":"\r The former Kowloon home of Hong Kong\u2019s airport, Kai Tak, which is a core part of the city\u2019s next central business district (CBD), will become an acquisition target as developers bet on corporates moving from Central as rents soar, according to industry experts. Victor Lai Kin-fai, the chief executive\u2026","rel":"","context":"In &quot;Property News&quot;","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":71142,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-may-soar-amid-hong-kongs-property-gloom-as-students-talent-immigrants-spur-demand\/","url_meta":{"origin":71142,"position":5},"title":"Rents may soar amid Hong Kong\u2019s property gloom as students, talent immigrants spur demand","date":"July 27, 2024","format":false,"excerpt":"\r The gap between renting and buying will cause the rate of return of housing property to soar, especially when interest rates start falling with the widely expected first cut by the US Federal Reserve likely in September.\r \r Source : South China Morning Post\r Read more...Rents may soar amid\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\/71142"}],"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=71142"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/71142\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=71142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=71142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=71142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}