{"id":73067,"date":"2017-11-28T12:19:23","date_gmt":"2017-11-28T05:19:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-companies-are-turning-away-from-offices-in-shanghais-main-business-areas\/"},"modified":"2017-11-28T13:06:50","modified_gmt":"2017-11-28T06:06:50","slug":"why-companies-are-turning-away-from-offices-in-shanghais-main-business-areas","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-companies-are-turning-away-from-offices-in-shanghais-main-business-areas\/","title":{"rendered":"Why companies are turning away from offices in Shanghai\u2019s main business areas"},"content":{"rendered":"


\nA growing number of companies in Shanghai are considering relocating to offices away from the central business areas, where they can pay up to 40 per cent less in rent.
\nThe city\u2019s \u201cnon-CBD\u201d office market is booming as firms increasingly choose to base themselves in \u201cdecentralised\u201d business areas that enjoy good transport links and local amenities.
\nIn a survey of 196 companies and institutions carried out by property services firm JLL, 23 per cent of respondents…
\n
\nSource : South China Morning Post
\nRead more…Why companies are turning away from offices in Shanghai\u2019s main business areas<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A growing number of companies in Shanghai are considering relocating to offices away from 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-73067","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-j0v","jetpack-related-posts":[{"id":88735,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/companies-drawn-to-shanghais-emerging-districts-amid-cheaper-rents-top-class-office-space\/","url_meta":{"origin":73067,"position":0},"title":"Companies drawn to Shanghai\u2019s emerging districts amid cheaper rents, top class office space","date":"May 19, 2018","format":false,"excerpt":"\r Multinationals and state-owned companies are relocating from established central business districts in Shanghai to up and coming areas attracted by cheaper rents and increasing supply of grade A office space. Amid the expansion of the city\u2019s subway system, other non-CBD areas have seen a surge in the construction of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38540,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-november-home-price-falls-for-first-time-in-22-months-as-chinas-control-measures-bite\/","url_meta":{"origin":73067,"position":1},"title":"Shanghai\u2019s November home price falls for first time in 22 months as China\u2019s control measures bite","date":"December 19, 2016","format":false,"excerpt":"\r Shanghai\u2019s prices of new homes declined for the first time in 22 months in November, while prices stopped increasing in Beijing, as a raft of market cooling measures enforced by the Chinese government began to show effect. Price of new homes dipped 0.1 per cent in November, compared with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53583,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-april-home-sales-hit-4-year-low\/","url_meta":{"origin":73067,"position":2},"title":"Shanghai\u2019s April home sales hit 4-year low","date":"May 3, 2017","format":false,"excerpt":"\r Home transactions continued to decline in Shanghai, China\u2019s financial capital, as government cooling measures take effect and more home buyers take on a wait and see attitude. The area of new residential properties sold in Shanghai in April dropped 8.8 per cent from March to 677,000 square meters, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-west-bund-defies-property-slump-as-it-attracts-mncs-like-bmw-adidas\/","url_meta":{"origin":73067,"position":3},"title":"Shanghai\u2019s West Bund defies property slump as it attracts MNCs like BMW, Adidas","date":"July 14, 2025","format":false,"excerpt":"\r Shanghai\u2019s West Bund, an 11km-long waterfront area in mainland China\u2019s financial capital, has bucked the property downtrend plaguing the sector, as companies and retail brands flock to office buildings and malls in the zone. The vibrant area, located on the west bank of the Huangpu River in the southwestern\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":164944,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-premium-office-market-picks-up-amid-discounted-rents\/","url_meta":{"origin":73067,"position":4},"title":"Shanghai premium office market picks up amid discounted rents","date":"November 17, 2025","format":false,"excerpt":"\r Lower rents improved occupancy rates in Shanghai\u2019s premium office market as the city reported solid economic growth, but most companies remained cost-conscious amid a cloudy economic outlook and expectations for bigger discounts, according to JLL. Discounts attracted corporate tenants in the quarter ended September, prompting relocations from business parks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149996,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-luxury-property-market-thrives-while-downturn-persists-in-mass-housing-segment\/","url_meta":{"origin":73067,"position":5},"title":"Shanghai\u2019s luxury property market thrives while downturn persists in mass housing segment","date":"March 30, 2025","format":false,"excerpt":"\r More than 60 per cent of the 4,110 new homes in China priced above 30 million yuan were sold in Shanghai last year, according to CRIC data.\r \r Source : South China Morning Post\r Read more...Shanghai\u2019s luxury property market thrives while downturn persists in mass housing segment","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\/73067"}],"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=73067"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/73067\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=73067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=73067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=73067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}