{"id":73047,"date":"2017-11-28T07:01:07","date_gmt":"2017-11-28T00:01:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-overtakes-london-as-the-worlds-most-expensive-urban-centre-for-renting-an-office\/"},"modified":"2017-11-28T08:03:48","modified_gmt":"2017-11-28T01:03:48","slug":"hong-kong-overtakes-london-as-the-worlds-most-expensive-urban-centre-for-renting-an-office","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-overtakes-london-as-the-worlds-most-expensive-urban-centre-for-renting-an-office\/","title":{"rendered":"Hong Kong overtakes London as the world\u2019s most expensive urban centre for renting an office"},"content":{"rendered":"


\nIt\u2019s official: Hong Kong, the world\u2019s most expensive city to live in, is also the planet\u2019s most expensive urban centre for renting an office.
\nHong Kong\u2019s office space rent, measured by workstation, surpassed London for the first time since 2013, as Britain\u2019s decision to withdraw from the European Union caused the pound sterling to depreciate, rendering the British capital\u2019s property prices to become cheaper in US dollar terms.
\nThe average cost for operating…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong overtakes London as the world\u2019s most expensive urban centre for renting an office<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s official: Hong Kong, the world\u2019s most expensive city to live in, is also the...<\/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-73047","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-j0b","jetpack-related-posts":[{"id":137192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-overtakes-hong-kong-as-the-most-expensive-asia-pacific-city-for-private-homes\/","url_meta":{"origin":73047,"position":0},"title":"Singapore overtakes Hong Kong as the most expensive Asia-Pacific city for private homes","date":"June 1, 2023","format":false,"excerpt":"\r According to the Urban Land Institute Asia Pacific Centre for Housing, the median price of Singapore's private homes is $1.2 million, compared to $1.16 million in Hong Kong.\r \r Source : cnbc.com\r Read more...Singapore overtakes Hong Kong as the most expensive Asia-Pacific city for private homes","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16668,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-central-overtakes-londons-west-end-as-the-worlds-most-expensive-office-location\/","url_meta":{"origin":73047,"position":1},"title":"Hong Kong\u2019s Central overtakes London\u2019s West End as the world\u2019s most expensive office location","date":"June 15, 2016","format":false,"excerpt":"\r Central in Hong Kong has reclaimed its position as the most expensive office district in the world while West Kowloon remains in the fifth spot, according to CBRE Research\u2019s latest semi-annual survey on global prime office occupancy costs.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s Central\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120676,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-overtakes-hong-kong-as-worlds-busiest-super-prime-property-market-as-french-hongkongers-fuel-purchases\/","url_meta":{"origin":73047,"position":2},"title":"London overtakes Hong Kong as world\u2019s busiest super prime property market as French, Hongkongers fuel purchases","date":"April 14, 2021","format":false,"excerpt":"\r London unseated Hong Kong as the top market for super-prime property in terms of transaction value, as foreign buyers including French and Hongkongers helped lift the market despite pandemic and Brexit concerns.The British capital recorded US$3.75 billion of sales from 201 transactions, according to property consultancy Knight Frank, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/increase-in-hong-kong-mortgage-rate-will-make-renting-cheaper-in-seven-out-of-10-housing-estates\/","url_meta":{"origin":73047,"position":3},"title":"Increase in Hong Kong mortgage rate will make renting cheaper in seven out of 10 housing estates","date":"January 10, 2018","format":false,"excerpt":"\r Seven out of 10 housing estates might find buyers discouraged as renting will become cheaper than mortgage payments when the mortgage rate increases to 3 per cent, which might also finally cool housing prices in the world\u2019s least affordable urban centre to live in, according to research conducted exclusively\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106003,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tops-the-worlds-most-expensive-cities-for-owning-homes-in-cbre-study-of-35-urban-centres\/","url_meta":{"origin":73047,"position":4},"title":"Hong Kong tops the world\u2019s most expensive cities for owning homes in CBRE study of 35 urban centres","date":"April 12, 2019","format":false,"excerpt":"\r Hong Kong was the world\u2019s most expensive urban centre to buy a home in, with the average residential property costing 40 per cent more than second-placed city Singapore, according to a survey of 35 cities around the world by real estate consultant CBRE.The average cost of owning a home\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137285,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-york-overtakes-hong-kong-as-the-most-expensive-city-in-the-world-for-expats-new-survey-shows\/","url_meta":{"origin":73047,"position":5},"title":"New York overtakes Hong Kong as the most expensive city in the world for expats, new survey shows","date":"June 8, 2023","format":false,"excerpt":"\r Nearly all Asian locations surveyed fell in rankings, indicating that expats will find living in Asia \"relatively cheaper,\" said ECA International.\r \r Source : cnbc.com\r Read more...New York overtakes Hong Kong as the most expensive city in the world for expats, new survey shows","rel":"","context":"In "Property 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