{"id":92694,"date":"2018-06-28T07:03:49","date_gmt":"2018-06-28T00:03:49","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-central-remains-the-worlds-most-expensive-office-address-for-the-third-straight-year\/"},"modified":"2018-06-28T08:03:10","modified_gmt":"2018-06-28T01:03:10","slug":"hong-kongs-central-remains-the-worlds-most-expensive-office-address-for-the-third-straight-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-central-remains-the-worlds-most-expensive-office-address-for-the-third-straight-year\/","title":{"rendered":"Hong Kong\u2019s Central remains the world\u2019s most expensive office address for the third straight year"},"content":{"rendered":"


\nHong Kong\u2019s Central district was the world\u2019s most expensive office address for the third consecutive year, as an influx of mainland Chinese financial firms overwhelmed the city\u2019s supply of grade A space and drove vacancy to a three-year low.
\nThe average annual rent in Central rose to US$307 per square foot, 30 per cent more than the US$235 per sq ft in London\u2019s West End in second place, and almost 53 per cent higher than the US$201 per sq ft at Beijing\u2019s Financial…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s Central remains the world\u2019s most expensive office address for the third straight year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s Central district was the world\u2019s most expensive office address for the third consecutive...<\/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-92694","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-o74","jetpack-related-posts":[{"id":71945,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-causeway-bay-remains-as-worlds-second-most-expensive-retail-district\/","url_meta":{"origin":92694,"position":0},"title":"Hong Kong\u2019s Causeway Bay remains as world\u2019s second most expensive retail district","date":"November 16, 2017","format":false,"excerpt":"\r Hong Kong\u2019s Causeway Bay has retained its title as the world\u2019s second most expensive retail location, despite a decline in rents this year, according to a new report that tracks the most expensive shopping streets in the world. With an annual per square foot rent of US$2,725, Causeway Bay\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113689,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kongs-central-district-worlds-most-expensive-commercial-property-market-to-plunge-by-up-to-40-per-cent-real-estate-fund-says\/","url_meta":{"origin":92694,"position":1},"title":"Office rents in Hong Kong\u2019s Central district \u2013 world\u2019s most expensive commercial property market \u2013 to plunge by up to 40 per cent, real estate fund says","date":"January 17, 2020","format":false,"excerpt":"\r Office rents in Hong Kong\u2019s Central district, the world\u2019s most expensive commercial property market for a fourth straight year in 2019, might plunge by up to 40 per cent by 2022, according to the most pessimistic forecast yet.\u201cOffice rents in Central and other mature decentralised areas are likely to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parking-is-prime-in-hong-kong-property-market\/","url_meta":{"origin":92694,"position":2},"title":"Parking is prime in Hong Kong property market","date":"May 18, 2017","format":false,"excerpt":"\r The most expensive plot of land ever sold in Hong Kong is a public car park squeezed between Cheung Kong Center and Hutchison House, two major flagship buildings owned by the city's richest man Li Ka-shing.The HK$23.3 billion (Dh10.99bn) site at Murray Road, in the heart of Hong Kong's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64824,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tiny-flats-9pc-pricier-than-larger-homes-per-sq-ft\/","url_meta":{"origin":92694,"position":3},"title":"Hong Kong\u2019s tiny flats 9pc pricier than larger homes per sq ft","date":"August 29, 2017","format":false,"excerpt":"\r Hong Kong\u2019s second-hand tiny flats are 9 per cent more expensive than larger ones on a per square foot basis, as record-high home prices and government cooling measures have created a mismatch between supply and demand. The average per square foot price of second-hand flats smaller than 400 square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kongs-central-district-may-drop-for-first-time-since-2013-says-colliers\/","url_meta":{"origin":92694,"position":4},"title":"Office rents in Hong Kong\u2019s Central district may drop for first time since 2013, says Colliers","date":"November 7, 2018","format":false,"excerpt":"\r Hong Kong\u2019s Central district, the world\u2019s most expensive office address, will see rents fall next year for the first time since 2013, according to Colliers International. The tanking stock market, rising interest rates and the US-China trade war are all taking a toll on the confidence of financial firms,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123683,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/offices-may-decamp-to-hong-kongs-causeway-bay-amid-rental-crash-in-the-worlds-costliest-retail-strip\/","url_meta":{"origin":92694,"position":5},"title":"Offices may decamp to Hong Kong\u2019s Causeway Bay amid rental crash in the world\u2019s costliest retail strip","date":"December 8, 2021","format":false,"excerpt":"\r Causeway Bay looks increasingly more appealing as an office address, amid the rental crash in what was until recently the world\u2019s most expensive retail shopping district.The monthly net office rent in the district between Hong Kong\u2019s Wan Chai and Quarry Bay averaged HK$60.4 (US$7.74) per square foot, just about\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\/92694"}],"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=92694"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/92694\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=92694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=92694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=92694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}