{"id":98956,"date":"2018-10-02T07:00:50","date_gmt":"2018-10-02T00:00:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kongs-central-the-most-expensive-on-the-planet-will-only-go-up-even-amid-exodus-says-districts-biggest-landlord\/"},"modified":"2018-10-02T07:03:56","modified_gmt":"2018-10-02T00:03:56","slug":"office-rents-in-hong-kongs-central-the-most-expensive-on-the-planet-will-only-go-up-even-amid-exodus-says-districts-biggest-landlord","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kongs-central-the-most-expensive-on-the-planet-will-only-go-up-even-amid-exodus-says-districts-biggest-landlord\/","title":{"rendered":"Office rents in Hong Kong\u2019s Central, the most expensive on the planet, will only go up even amid exodus, says district\u2019s biggest landlord"},"content":{"rendered":"


\nOffice rents in Hong Kong\u2019s Central district, already the planet\u2019s most expensive, are likely to remain sky high even as more firms are moving out of the city centre in search of cheaper accommodation.
\nThat\u2019s according to Raymond Chow, executive director for commercial property at Hongkong Land, Central\u2019s largest office landlord.
\n\u201cHong Kong is Asia\u2019s key financial centre, and Central is still the city\u2019s most important financial district,\u201d he said…
\n
\nSource : South China Morning Post
\nRead more…Office rents in Hong Kong\u2019s Central, the most expensive on the planet, will only go up even amid exodus, says district\u2019s biggest landlord<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Office rents in Hong Kong\u2019s Central district, already the planet\u2019s most expensive, are likely to...<\/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-98956","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-pK4","jetpack-related-posts":[{"id":122004,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/companies-find-falling-rents-in-central-hard-to-resist-as-they-lap-up-office-space-in-hong-kongs-main-business-district\/","url_meta":{"origin":98956,"position":0},"title":"Companies find falling rents in Central hard to resist as they lap up office space in Hong Kong\u2019s main business district","date":"September 15, 2021","format":false,"excerpt":"\r An increasing number of companies are taking advantage of sharply lower rents and locking in leases in sought-after towers in Central, Hong Kong\u2019s most desirable office address.HashKey Group, a pan-Asian global digital asset financial services group, is moving its headquarters to Three Exchange Square, in Connaught Place, from Pok\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127111,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/broker-exodus-high-rents-and-electronic-trading-have-seen-more-than-half-of-hong-kongs-brokerages-leave-central-since-1997\/","url_meta":{"origin":98956,"position":1},"title":"Broker exodus: high rents and electronic trading have seen more than half of Hong Kong\u2019s brokerages leave Central since 1997","date":"June 22, 2022","format":false,"excerpt":"\r About half of the city\u2019s brokerage firms today are in Wan Chai, Causeway Bay and farther-flung districts \u2013 a big change from the pre-handover days when rents were lower and electronic trading did not exist.\r \r Source : South China Morning Post\r Read more...Broker exodus: high rents and electronic\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110649,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-prada-out-can-hong-kongs-russell-street-outshine-fifth-avenue-or-champs-elysees-as-the-worlds-costliest-retail-strip\/","url_meta":{"origin":98956,"position":2},"title":"With Prada out, can Hong Kong\u2019s Russell Street outshine Fifth Avenue or Champs-\u00c9lys\u00e9es as the world\u2019s costliest retail strip?","date":"September 11, 2019","format":false,"excerpt":"\r Landlords in Hong Kong\u2019s Russell Street, the most expensive shopping address on the planet, are likely to slash rents after fashion house Prada declared it would not renew the lease on its flagship store next year, according to market observers.Prada\u2019s landlord has offered to cut the rent for its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103166,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-central-district-to-see-further-5-per-cent-gain-in-office-rents-this-year-nomura-says\/","url_meta":{"origin":98956,"position":3},"title":"Hong Kong\u2019s Central district to see further 5 per cent gain in office rents this year, Nomura says","date":"January 22, 2019","format":false,"excerpt":"\r The world\u2019s most expensive place to rent office space may be about to get even costlier amid higher demand from co-working firms, according to Nomura. The cost of renting office space in Hong Kong\u2019s main business district, Central, will rise by up to 5 per cent this year, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117308,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emperor-biggest-landlord-on-hong-kongs-russell-street-worlds-most-expensive-shopping-avenue-reports-us464-5-million-loss\/","url_meta":{"origin":98956,"position":4},"title":"Emperor, biggest landlord on Hong Kong\u2019s Russell Street, world\u2019s most expensive shopping avenue, reports US$464.5 million loss","date":"June 24, 2020","format":false,"excerpt":"\r Emperor International Holdings, the biggest landlord on Hong Kong\u2019s Russell Street, the world\u2019s most expensive shopping avenue last year, reported a net loss of HK$3.6 billion (US$464.5 million) for the 2019-2020 financial year on Tuesday.The company, the property arm of Albert Yeung Sau-shing's privately run Emperor Group, reported the\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":98956,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98956"}],"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=98956"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98956\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=98956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=98956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=98956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}