{"id":79646,"date":"2018-02-12T14:23:50","date_gmt":"2018-02-12T07:23:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-securities-and-futures-commission-should-move-out-of-central-offices-and-heres-why\/"},"modified":"2018-02-12T15:03:03","modified_gmt":"2018-02-12T08:03:03","slug":"hong-kongs-securities-and-futures-commission-should-move-out-of-central-offices-and-heres-why","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-securities-and-futures-commission-should-move-out-of-central-offices-and-heres-why\/","title":{"rendered":"Hong Kong\u2019s Securities and Futures Commission should move out of Central offices \u2013 and here\u2019s why"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s Securities and Futures Commission might need to move out of Central as it cannot afford to buy its own offices in the prime office district \u2013 the most expensive worldwide.<br \/>\nBut it should consider moving out of Central anyway, as its peers and the brokers it regulates left a long time ago.<br \/>\nThe talk in town is where will the commission relocate, after chairman Carlson Tong Ka-shing informed the city\u2019s lawmakers that the regulator had a budget of about HK$3 billion (US&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/companies\/article\/2133000\/hong-kongs-securities-and-futures-commission-should-move-out\" target=\"_blank\">Hong Kong\u2019s Securities and Futures Commission should move out of Central offices \u2013 and here\u2019s why<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s Securities and Futures Commission might need to move out of Central as it&#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-79646","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-kIC","jetpack-related-posts":[{"id":103929,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sfc-throws-in-the-towel-on-central-rents-signs-on-for-new-office-space-at-one-island-east\/","url_meta":{"origin":79646,"position":0},"title":"Hong Kong\u2019s SFC throws in the towel on Central rents, signs on for new office space at One Island East","date":"February 13, 2019","format":false,"excerpt":"\r The Securities and Futures Commission (SFC) plans to move out of its Central office to save on rental costs as it forecasts a deficit of HK$230 million (US$29.3 million) for the year ahead. The city\u2019s securities regulator has taken out an eight-year lease in Swire Properties\u2019 One Island East\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109846,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/central-needs-upgrades-to-foster-better-connectivity-for-both-people-and-cars-even-as-admiralty-takes-over-as-leading-hub\/","url_meta":{"origin":79646,"position":1},"title":"Central needs upgrades to foster better connectivity for both people and cars, even as Admiralty takes over as leading hub","date":"August 13, 2019","format":false,"excerpt":"\r During Hong Kong\u2019s early colonial period, Central was the centre of the city\u2019s administration. One of the lasting legacies of 150 years of British rule is that Central remains Hong Kong\u2019s financial hub, containing not only the headquarters of all the city\u2019s leading banks, but also its financial regulatory\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-the-worlds-priciest-city-even-the-securities-regulator-finds-itself-priced-out-of-prime-office-space\/","url_meta":{"origin":79646,"position":2},"title":"In the world\u2019s priciest city, even the securities regulator finds itself priced out of prime office space","date":"February 5, 2018","format":false,"excerpt":"\r In the world\u2019s most expensive city, even the financial industry overseer needs to put up cash, or be priced out of prime office space.\u00a0 That is what\u2019s happening to Hong Kong\u2019s Securities and Futures Commission (SFC), as it finds its HK$3 billion (US$383.5 million) budget insufficient for even half\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108010,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/family-office-of-shop-king-tang-shing-bor-wants-to-use-blockchain-to-tokenise-real-estate-holdings\/","url_meta":{"origin":79646,"position":3},"title":"Family office of \u2018shop king\u2019 Tang Shing-bor wants to use blockchain to \u2018tokenise\u2019 real estate holdings","date":"June 12, 2019","format":false,"excerpt":"\r The Stan Group, the family-owned office that represents the assets of \u201cshop king\u201d Tang Shing-bor, will meet with Hong Kong\u2019s securities watchdog early next year to seek approval to sell tokenised real estate using blockchain technology.If approved, the application would reflect the first time the Securities and Futures Commission\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171188,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-vacancy-rate-in-hong-kongs-central-falls-to-single-digits-after-2-years\/","url_meta":{"origin":79646,"position":4},"title":"Office vacancy rate in Hong Kong\u2019s Central falls to single digits after 2 years","date":"March 20, 2026","format":false,"excerpt":"\r Prime office vacancy rates in Hong Kong\u2019s main business district dropped to single digits for the first time in 26 months, lifting overall rents in the city\u2019s struggling office property market, according to JLL. The vacancy rate in Central for premium offices fell to 9.9 per cent in February\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hotels-outside-hong-kongs-flashy-areas-should-avoid-the-rush-to-convert-to-offices-colliers-says\/","url_meta":{"origin":79646,"position":5},"title":"Hotels outside Hong Kong\u2019s flashy areas should avoid the rush to convert to offices, Colliers says","date":"September 5, 2018","format":false,"excerpt":"\r Tempted by soaring rents, some of Hong Kong\u2019s hotel owners in upscale areas are converting their properties into office space. But one analyst is warning against a greed stampede. Eight hotels are now being refurbished, redeveloped or on the drawing board for the shift, representing more than 2,000 hotel\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\/79646"}],"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=79646"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/79646\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=79646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=79646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=79646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}