{"id":76970,"date":"2018-01-17T08:00:52","date_gmt":"2018-01-17T01:00:52","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-shopping-mall-rents-rise-for-the-first-time-in-a-year-as-foot-traffic-improves\/"},"modified":"2018-01-17T08:05:39","modified_gmt":"2018-01-17T01:05:39","slug":"hong-kongs-shopping-mall-rents-rise-for-the-first-time-in-a-year-as-foot-traffic-improves","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-shopping-mall-rents-rise-for-the-first-time-in-a-year-as-foot-traffic-improves\/","title":{"rendered":"Hong Kong\u2019s shopping mall rents rise for the first time in a year as foot traffic improves"},"content":{"rendered":"


\nHong Kong\u2019s prime shopping centres recorded growth in rental rates for the first time in three quarters, lifted by improving retail sales as local consumers enjoyed the wealth effects brought by rising property and stock prices.
\nRental rates rose 0.2 per cent to 145.6 in the December-ended quarter, reflecting the first increase since the fourth quarter of 2016, according to the SCMP-JLL prime shopping centre rental index.
\nThe index tracks leasing at 30 prime shopping centres including…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s shopping mall rents rise for the first time in a year as foot traffic improves<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s prime shopping centres recorded growth in rental rates for the first time in...<\/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-76970","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-k1s","jetpack-related-posts":[{"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":76970,"position":0},"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":78473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hang-lung-properties-sees-2017-underlying-profit-fall-on-declining-china-mall-rental-income\/","url_meta":{"origin":76970,"position":1},"title":"Hong Kong\u2019s Hang Lung Properties sees 2017 underlying profit fall on declining China mall rental income","date":"January 30, 2018","format":false,"excerpt":"\r Hong Kong developer Hang Lung Properties, which owns the Fashion Walk shopping area in Causeway Bay and eight shopping centres in China, reported a 13 per cent fall in 2017 underlying profit, citing fewer property sales and a decline in rental income from its mainland China business. Underlying profit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-retail-sales-recover-can-landlords-follow-with-higher-shop-rents\/","url_meta":{"origin":76970,"position":2},"title":"As Hong Kong retail sales recover, can landlords follow with higher shop rents?","date":"October 12, 2025","format":false,"excerpt":"\r Ever since Hong Kong\u2019s retail sector shook off 14 months of consecutive declines in May, analysts have been speculating whether the city\u2019s landlords and developers can look forward to rental increases sooner rather than later. Hong Kong retailers such as Bakehouse and Korean food and beverage operator Seoul Recipe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-pop-up-stores-the-answer-for-hong-kongs-struggling-retailers\/","url_meta":{"origin":76970,"position":3},"title":"Are pop-up stores the answer for Hong Kong\u2019s struggling retailers?","date":"February 7, 2017","format":false,"excerpt":"\r A new rental strategy is taking root among Hong Kong\u2019s retailers, as they battle for survival in an industry squeezed by 17 consecutive months of shrinking volumes and retail rents that are among the highest in the world. PopUp Angels, a Singapore-based startup, connects retailers with landlords through short-term\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/multinationals-set-to-leave-hong-kongs-prime-office-district-central-in-search-of-cheaper-rents\/","url_meta":{"origin":76970,"position":4},"title":"Multinationals set to leave Hong Kong\u2019s prime office district Central in search of cheaper rents","date":"April 12, 2018","format":false,"excerpt":"\r More multinational companies will leave Hong Kong\u2019s Central district, where rents have become too expensive, with some even considering leaving the city altogether. Average office rents continue to rise in greater Central, which includes the districts of Central, Admiralty and Sheung Wan. In the first quarter, rents jumped by\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":76970,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76970"}],"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=76970"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76970\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=76970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=76970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=76970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}