{"id":98114,"date":"2018-09-19T06:30:00","date_gmt":"2018-09-18T23:30:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-hope-in-sight-for-hong-kongs-soaring-office-rents-as-land-supply-seen-as-too-little-to-match-demand-experts-say\/"},"modified":"2018-09-19T07:03:33","modified_gmt":"2018-09-19T00:03:33","slug":"no-hope-in-sight-for-hong-kongs-soaring-office-rents-as-land-supply-seen-as-too-little-to-match-demand-experts-say","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-hope-in-sight-for-hong-kongs-soaring-office-rents-as-land-supply-seen-as-too-little-to-match-demand-experts-say\/","title":{"rendered":"No hope in sight for Hong Kong\u2019s soaring office rents, as land supply seen as too little to match demand, experts say"},"content":{"rendered":"


\nHong Kong is facing a chronic shortage of grade A office supply that could spell doom for its status as a regional business hub, unless the government accelerates the release of land supply for the commercial sector, according to international property consultants.
\nJLL said in a report on Tuesday that failing to ensure adequate land supply for office space was a risk as the government shifted its policy focus towards the residential sector.
\n\u201cDiscussions around government land supply…
\n
\nSource : South China Morning Post
\nRead more…No hope in sight for Hong Kong\u2019s soaring office rents, as land supply seen as too little to match demand, experts say<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong is facing a chronic shortage of grade A office supply that could spell...<\/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-98114","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-pwu","jetpack-related-posts":[{"id":84916,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-new-supply-in-west-kowloon-dampen-hong-kongs-record-office-rents\/","url_meta":{"origin":98114,"position":0},"title":"Will new supply in West Kowloon dampen Hong Kong\u2019s record office rents?","date":"April 10, 2018","format":false,"excerpt":"\r In his latest budget, Hong Kong\u2019s Financial Secretary Paul Chan Man-po has designated the land plot above the West Kowloon Express Rail Link (XRL) terminal to be up for sale. The site will generate a substantial amount of grade A office space that is more than double the existing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62062,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-supply-of-98000-new-private-flats-unlikely-to-cool-soaring-prices-say-analysts\/","url_meta":{"origin":98114,"position":1},"title":"Hong Kong\u2019s supply of 98,000 new private flats unlikely to cool soaring prices, say analysts","date":"July 28, 2017","format":false,"excerpt":"\r Hong Kong\u2019s supply of new private flats will climb to a high of 98,000 over the next three to four years, according to the latest quarterly data from the Transport and Housing Bureau, but the additional supply is unlikely to cool sky high home prices, say analysts. Thomas Lam,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-grade-a-office-rents-to-fall-further-with-mainland-china-demand-below-pre-pandemic-levels-new-supply-coming-online-analysts-say\/","url_meta":{"origin":98114,"position":2},"title":"Hong Kong\u2019s grade A office rents to fall further, with mainland China demand below pre-pandemic levels, new supply coming online, analysts say","date":"February 28, 2024","format":false,"excerpt":"\r Hong Kong\u2019s grade A office rents will decline by another 5 per cent this year, as demand from mainland China-based companies has yet to return to pre-pandemic levels and vacancy rates remain high due to new completions, analysts said.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-and-rents-of-hong-kongs-tiny-flats-to-fall-this-year-as-coronavirus-driven-uncertainty-hits-demand-amid-oversupply\/","url_meta":{"origin":98114,"position":3},"title":"Prices and rents of Hong Kong\u2019s tiny flats to fall this year as coronavirus-driven uncertainty hits demand amid oversupply","date":"April 7, 2020","format":false,"excerpt":"\r The prices and rents of Hong Kong\u2019s tiny flats \u2013 those measuring less than 215 sq ft \u2013 are expected to fall this year as the coronavirus pandemic continues to weigh on the city\u2019s property sector, affecting demand amid a surfeit of supply, analysts said.Last year, 982 such flats\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119738,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-carrie-lam-can-revitalise-hong-kongs-land-supply-and-public-housing-targets-in-next-decade\/","url_meta":{"origin":98114,"position":4},"title":"How Carrie Lam can revitalise Hong Kong\u2019s land supply and public housing targets in next decade","date":"January 12, 2021","format":false,"excerpt":"\r Through her annual policy address, Chief Executive Carrie Lam Cheng Yuet-ngor has highlighted the government\u2019s awareness on the severity and urgency of public housing supply in Hong Kong.\r\rIn 2019, she announced a plan to invoke the Land Resumption Ordinance to resume three types of private land for developing public\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102166,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-competitiveness-under-threat-as-limited-office-land-set-to-run-out-in-10-years\/","url_meta":{"origin":98114,"position":5},"title":"Hong Kong\u2019s competitiveness under threat as limited office land set to run out in 10 years","date":"December 11, 2018","format":false,"excerpt":"\r Hong Kong faces a host issues in the property sector. While the residential supply constraints grab the headlines, there is also an acute shortage of grade A office space in the world\u2019s most expensive market. To make matters worse, the total land supply presently set aside by the government\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\/98114"}],"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=98114"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98114\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=98114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=98114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=98114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}