{"id":83815,"date":"2018-03-27T10:39:08","date_gmt":"2018-03-27T03:39:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-to-spend-hk40-million-on-mall-upgrades-to-woo-mong-koks-shoppers\/"},"modified":"2018-03-27T11:02:48","modified_gmt":"2018-03-27T04:02:48","slug":"hang-lung-to-spend-hk40-million-on-mall-upgrades-to-woo-mong-koks-shoppers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-to-spend-hk40-million-on-mall-upgrades-to-woo-mong-koks-shoppers\/","title":{"rendered":"Hang Lung to spend HK$40 million on mall upgrades to woo Mong Kok\u2019s shoppers"},"content":{"rendered":"


\nHang Lung Properties will spend HK$40 million (US$5.1 million) renovating two of its shopping malls in Hong Kong\u2019s bustling Mong Kok area in a bid to enhance rental income in a fast-changing retail landscape.
\nThe appeal of Hang Lung\u2019s Gala Place and Hollywood Plaza has been in decline in the face of stiff competition from nearby Langham Place, owned by Champion Reit, and New World Development\u2019s recently opened The Forest mall, according to Helen Mak, head of retail services at…
\n
\nSource : South China Morning Post
\nRead more…Hang Lung to spend HK million on mall upgrades to woo Mong Kok\u2019s shoppers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hang Lung Properties will spend HK$40 million (US$5.1 million) renovating two of its shopping malls...<\/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-83815","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-lNR","jetpack-related-posts":[{"id":172294,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-profit-falls-as-property-losses-and-weak-offices-offset-record-mall-rents\/","url_meta":{"origin":83815,"position":0},"title":"Hang Lung profit falls as property losses and weak offices offset record mall rents","date":"July 31, 2026","format":false,"excerpt":"\r Hong Kong developer Hang Lung Properties\u2019 underlying profit fell in the first half as losses from property sales, higher finance costs and a weak mainland China office market offset record rental income from its shopping malls. Underlying net profit declined 10 per cent from a year earlier to HK$1.44\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":83815,"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":106923,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-mall-landlords-mix-gaming-golf-and-fashion-with-retailing-as-they-search-for-oomph-to-hang-on-to-return-shoppers\/","url_meta":{"origin":83815,"position":2},"title":"Hong Kong\u2019s mall landlords mix gaming, golf and fashion with retailing as they search for oomph to hang on to return shoppers","date":"May 8, 2019","format":false,"excerpt":"\r The landlords of Hong Kong\u2019s shopping centres are combining entertainment with retailing to turn many of the city\u2019s malls into lifestyle destinations, a strategy for hanging on to returning customers as they compete with the increasing popularity of e-commerce.At least three malls in Mong Kok, Causeway Bay and Tsim\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59735,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mall-operators-spend-big-to-draw-young-shoppers-this-summer\/","url_meta":{"origin":83815,"position":3},"title":"Mall operators spend big to draw young shoppers this summer","date":"July 4, 2017","format":false,"excerpt":"\r Hong Kong\u2019s mall operators seem to be pulling out all the stops to woo young shoppers this summer. A digital basketball court where you can practise shooting virtual hoops, and a reconstructed classic scene from a Transformers movie are among the elaborate gimmicks being deployed in an attempt to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55667,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-properties-hk2b-upgrade-of-assets-paying-off\/","url_meta":{"origin":83815,"position":4},"title":"Hang Lung Properties\u2019 HK$2b upgrade of assets paying off","date":"May 23, 2017","format":false,"excerpt":"\r Hang Lung Properties is beginning to reap the benefits of an asset enhancement programme launched in 2012, say officials, which is focused on its major shopping malls in Hong Kong and the mainland. The developer said its investments \u2013 that include significant work at two major malls on the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55669,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wide-ranging-hk2b-project-to-upgrade-its-assets-reaps-rewards-for-hang-lung-properties\/","url_meta":{"origin":83815,"position":5},"title":"Wide-ranging HK$2b project to upgrade its assets reaps rewards for Hang Lung Properties","date":"May 23, 2017","format":false,"excerpt":"\r Hang Lung Properties initiated its bold HK$2 billion, seven-year asset enhancement plan in 2012, just as the retail market entered a lengthy correction at home, and in the mainland, luxury retailers were hit hard by an anti-corruption crackdown by Chinese leaders. High levels of store vacancies and closures became\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\/83815"}],"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=83815"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/83815\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=83815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=83815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=83815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}