{"id":99998,"date":"2018-10-17T10:00:57","date_gmt":"2018-10-17T03:00:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-widespread-industrial-building-conversions-fill-hong-kongs-housing-shortfall\/"},"modified":"2018-10-17T11:03:09","modified_gmt":"2018-10-17T04:03:09","slug":"can-widespread-industrial-building-conversions-fill-hong-kongs-housing-shortfall","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-widespread-industrial-building-conversions-fill-hong-kongs-housing-shortfall\/","title":{"rendered":"Can widespread industrial building conversions fill Hong Kong\u2019s housing shortfall?"},"content":{"rendered":"


\nIndustrial property owners in Hong Kong are rushing to subdivide their buildings into smaller, liveable units in the hope of benefiting from Chief Executive Carrie Lam Cheng Yuet-ngor\u2019s recently announced proposal to allow such properties to be used for transitional housing.
\nThe Post visited two such buildings in Kwun Tong, an industrial area where rents are cheaper by at least 37.5 per cent than other nearby residential units.
\nOne site inside the Howard Factory Building at 66 Tsun Yip…
\n
\nSource : South China Morning Post
\nRead more…Can widespread industrial building conversions fill Hong Kong\u2019s housing shortfall?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Industrial property owners in Hong Kong are rushing to subdivide their buildings into smaller, liveable...<\/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-99998","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-q0S","jetpack-related-posts":[{"id":101990,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-hong-kongs-transitional-housing-scheme-help-hongkongers-own-a-home\/","url_meta":{"origin":99998,"position":0},"title":"Can Hong Kong\u2019s transitional housing scheme help Hongkongers own a home?","date":"December 4, 2018","format":false,"excerpt":"\r The Hong Kong government announced in its policy address in October that a new industrial building revitalisation scheme will be launched. It will give the green light to the conversion of industrial buildings to transitional housing premises without requiring a waiver fee to be paid. On November 26, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112825,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-industrial-development-needs-a-renaissance-as-new-economy-alters-manufacturing-landscape\/","url_meta":{"origin":99998,"position":1},"title":"Hong Kong\u2019s industrial development needs a renaissance as new economy alters manufacturing landscape","date":"December 3, 2019","format":false,"excerpt":"\r Over the last decade, Hong Kong has introduced various measures to give its ageing industrial buildings a new lease of life, to fulfil either short-term investment interests or mitigate land-supply shortage for residential use.\r\rThat focus is evident yet again in the last two policy addresses as the subject of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107537,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-take-a-shine-to-hong-kong-industrial-property\/","url_meta":{"origin":99998,"position":2},"title":"Mainland developers take a shine to Hong Kong industrial property","date":"May 28, 2019","format":false,"excerpt":"\r Chinese developers are eyeing Hong Kong\u2019s revitalised industrial property market, which has been traditionally dominated by local investors, as they see high potential for price growth in the world\u2019s least affordable housing market.The value of industrial properties sold to mainland developers or investors totalled HK$2.32 billion (US$295.56 million) in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55691,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-industrial-buildings-find-new-life-with-retailtainment-industries-cbre-says\/","url_meta":{"origin":99998,"position":3},"title":"Hong Kong\u2019s industrial buildings find new life with \u2018retailtainment\u2019 industries, CBRE says","date":"May 23, 2017","format":false,"excerpt":"\r Hong Kong\u2019s industrial buildings are increasingly popular with tenants in the retail, entertainment and technology sectors, although the uptake is hampered by a lack of modern facilities, according to a report by CBRE. At least a third of industrial space in Hong Kong, equivalent to 87 million square feet,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107493,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-shortfall-why-the-worst-is-yet-to-come\/","url_meta":{"origin":99998,"position":4},"title":"Hong Kong\u2019s housing shortfall: why the worst is yet to come","date":"May 25, 2019","format":false,"excerpt":"\r Hong Kong maintains its position as the world\u2019s most expensive housing market, according to property giant CBRE\u2019s latest global life report. However, this is not the worst yet, as there is a continual depletion of the city\u2019s land bank, meaning both private and public housing supply will plummet in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125725,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-deals-hit-a-26-month-low-in-march-are-expected-to-bounce-back-in-april-as-fifth-covid-19-wave-recedes\/","url_meta":{"origin":99998,"position":5},"title":"Hong Kong\u2019s housing deals hit a 26-month low in March, are expected to bounce back in April as fifth Covid-19 wave recedes","date":"April 5, 2022","format":false,"excerpt":"\r Housing transactions in Hong Kong hit a 26-month low in March because of higher borrowing costs and a devastating fifth wave of the coronavirus pandemic. In fact, the city\u2019s total number of transactions including those involving homes, shops, industrial units and car parking spaces also hit a 26-month low\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\/99998"}],"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=99998"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99998\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=99998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=99998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=99998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}