{"id":94429,"date":"2018-07-23T08:00:23","date_gmt":"2018-07-23T01:00:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/gentrifying-wong-chuk-hang-on-the-up-and-up-as-hong-kongs-business-hub-with-cheaper-rents\/"},"modified":"2018-07-23T08:03:15","modified_gmt":"2018-07-23T01:03:15","slug":"gentrifying-wong-chuk-hang-on-the-up-and-up-as-hong-kongs-business-hub-with-cheaper-rents","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gentrifying-wong-chuk-hang-on-the-up-and-up-as-hong-kongs-business-hub-with-cheaper-rents\/","title":{"rendered":"Gentrifying Wong Chuk Hang on the up and up as Hong Kong\u2019s business hub with cheaper rents"},"content":{"rendered":"<p>&#013;<br \/>\nA growing number of international financial institutions are planning to relocate away from traditional prime areas as they look for larger and cheaper office space and within easy reach of the city\u2019s main business district. And Wong Chuk Hang fits the bill perfectly.<br \/>\nWith rents for grade A offices in Central and Causeway Bay nearing record highs, some blue chip corporate tenants are heading for the old industrial district in the south of Hong Kong Island, where some of the cheapest rents&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2156062\/gentrifying-wong-chuk-hang-and-hong-kongs-business-hub-cheaper-rents\" target=\"_blank\">Gentrifying Wong Chuk Hang on the up and up as Hong Kong\u2019s business hub with cheaper rents<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A growing number of international financial institutions are planning to relocate away from traditional prime&#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-94429","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-oz3","jetpack-related-posts":[{"id":79266,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mtr-may-sell-land-site-atop-wong-chuk-hang-station-amid-rising-home-prices\/","url_meta":{"origin":94429,"position":0},"title":"MTR may sell land site atop Wong Chuk Hang station amid rising home prices","date":"February 8, 2018","format":false,"excerpt":"\r Hong Kong\u2019s subway operator MTR Corp may release one of the largest parcels of land for residential development \u2013 atop the Wong Chuk Hang station \u2013 on the south side of Hong Kong Island for tender in 2018 despite a volatile stock market. MTR\u2019s property director David Tang Chi-fai\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95581,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wong-chuk-hang-station-draws-few-bids-from-property-developers-as-site-requires-huge-investment\/","url_meta":{"origin":94429,"position":1},"title":"Wong Chuk Hang Station draws few bids from property developers as site requires huge investment","date":"August 7, 2018","format":false,"excerpt":"\r A major land site in Hong Kong\u2019s Wong Chuk Hang area has received lukewarm response from developers as it will require as much as HK$37.65 billion (US$4.79 billion) to develop and could become the city\u2019s most expensive real estate on the railway line by 2024. Five bids were received\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/plot-of-mtr-corp-land-next-to-wong-chuk-hang-station-on-hong-kong-island-draw-at-least-13-bids\/","url_meta":{"origin":94429,"position":2},"title":"Plot of MTR Corp land next to Wong Chuk Hang station on Hong Kong island draw at least 13 bids","date":"February 27, 2017","format":false,"excerpt":"\r At least 13 bids have been submitted by developers have bid for plot of MTR Corp land next to Wong Chuk Hang station, and the old Wong Chuk Hang Estate on Hong Kong island, the tender for which closed at 2pm on Monday. The site which could potentially provide\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scion-of-hong-kong-warehousing-firm-tai-sang-steps-up-hospitality-foray-with-wong-chuk-hang-hotel\/","url_meta":{"origin":94429,"position":3},"title":"Scion of Hong Kong warehousing firm Tai Sang steps up hospitality foray with Wong Chuk Hang hotel","date":"July 11, 2021","format":false,"excerpt":"\r Justin Ma, the 29-year-old heir of the family that controls Tai Sang Land Development, hopes to ramp up investment in hospitality, in a break from the investment strategy of the 53-year-old company, which is better known for industrial buildings, shops and office buildings in Hong Kong.Ma founded Yulan Group,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92624,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wong-chuk-hang-station-attracts-strong-interest-from-property-developers-even-as-new-vacancy-tax-looms\/","url_meta":{"origin":94429,"position":4},"title":"Wong Chuk Hang Station attracts strong interest from property developers, even as new vacancy tax looms","date":"June 27, 2018","format":false,"excerpt":"\r Hong Kong property developers have shown keen interest in bidding for a plot of land atop the MTR station in Wong Chuk Hang, even as the government is poised to released its policy position on the proposed vacancy tax, which would encourage companies to clear their stock of completed,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119884,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/consortium-wins-development-rights-to-mtrs-wong-chuk-hang-residential-project-at-a-lower-premium-than-earlier-phase\/","url_meta":{"origin":94429,"position":5},"title":"Consortium wins development rights to MTR\u2019s Wong Chuk Hang residential project at a lower premium than earlier phase","date":"January 27, 2021","format":false,"excerpt":"\r A consortium of four Hong Kong developers has won the development rights for the latest residential project at Wong Chuk Hang MTR station, which has been acquired at a lower premium than the previous phase.Kayson Limited, comprising New World Development, Empire Group, Lai Sun Development and CSI Properties, won\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\/94429"}],"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=94429"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94429\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}