






{"id":25155,"date":"2021-09-08T10:57:35","date_gmt":"2021-09-08T03:57:35","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=25155"},"modified":"2021-09-09T11:40:42","modified_gmt":"2021-09-09T04:40:42","slug":"hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/","title":{"rendered":"Hong Kong luxury home rental sector recovers after 16% drop in last 2 years"},"content":{"rendered":"<p><span data-contrast=\"auto\">Local tenants have taken advantage\u00a0of reduced rents to upgrade to better quality projects\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<figure id=\"attachment_25160\" aria-describedby=\"caption-attachment-25160\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-25160 size-full\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/09\/processed-10-9.jpeg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/09\/processed-10-9.jpeg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/09\/processed-10-9-400x267.jpeg 400w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/09\/processed-10-9-600x400.jpeg 600w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/09\/processed-10-9-768x512.jpeg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-25160\" class=\"wp-caption-text\">Luxury residential rents saw an increase of 1.4 percent between April and June, the first quarterly rise since Q3 2019. leungchopan\/Shutterstock<\/figcaption><\/figure>\n<p><span data-contrast=\"auto\">According to <a href=\"https:\/\/www.scmp.com\/business\/article\/3147785\/worst-over-hong-kongs-luxury-home-rental-sector-local-demand-fills-flats\" target=\"_blank\" rel=\"noopener\">South China Morning Post<\/a>, Hong Kong\u2019s high-end home rentals sector\u00a0heaves\u00a0a sigh of relief as local demand has progressively\u00a0filled up the vacant flats left behind by expatriates.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">In the last two years, luxury home rents fell by 16 percent, and local tenants have taken advantage of the decline to upgrade to better quality projects.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Derek Sun, managing director of Sun Hung Kai Properties Signature Homes unit, said,<\/span><span data-contrast=\"none\">\u00a0\u201cThe\u00a0<\/span><span data-contrast=\"auto\">market started to get warmer\u00a0<\/span><span data-contrast=\"none\">in the second quarter this year, and rent became\u00a0stabilised\u00a0in the summer.\u201d<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">\u201cThe worst is behind\u00a0us,\u00a0and we are more optimistic about the rental market in 2022,\u201d he said.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">According to JLL\u2019s Hong Kong Residential Sales Market Monitor, luxury residential rents saw an increase of 1.4 percent between April and June, the first quarterly rise since Q3 2019.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The highest rental growth of two percent was seen at mid-levels, largely due to limited availability.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">JLL added that the market was mainly supported by the current pool of residents in Hong Kong, which compensated for the significant drop in expatriate arrivals.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Norry Lee, senior director of the projects\u00a0strategy\u00a0and consultancy\u00a0department\u00a0at JLL in Hong Kong, said,\u00a0<\/span><span data-contrast=\"none\">\u201cWith the ongoing travel restrictions, expatriate arrivals are expected to remain limited in the short term. However, we still expect to see more leasing enquiries in the third quarter of 2022 as summer is the traditional home search season.\u201d\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">\u201cWith the expectation of borders reopening before the year-end, the luxury leasing market is anticipated to improve gradually,\u201d she added.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">In early 2021, landlords and serviced apartment operators marked down their rents and offered promotions to boost occupancy rates that had been heavily impacted by travel restrictions and a sharp decline in relocations due to COVID-19.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">\u201cSome of our clients from overseas have postponed their reservation [with us] during the pandemic,\u201d said Sun of Signature Homes.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">At the peak of COVID-19 last winter, rents were slashed by around 10 percent for leases upon renewal, as expatriates were kept away from Hong Kong as a result of border closures.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-property-purchases-soar-to-two-year-high-of-2-2b\/\" target=\"_blank\" rel=\"noopener\"><strong>More: Hong Kong property purchases soar to two-year high of $2.2B<\/strong><\/a><\/p>\n<p><span data-contrast=\"none\">Sun said occupancy rates have rebounded to 80 to 90 percent via local marketing push and the refurbishment of existing properties. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">\u201cThe market is receptive to newly renovated properties at a high rent,\u201d he added.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<div class=\"entry-content\">\n<div class=\"entry-content\">\n<p><em><span class=\"TextRun SCXW232633876 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW232633876 BCX0\">The Property Report editors\u00a0<\/span><span class=\"NormalTextRun SCXW232633876 BCX0\">wrote<\/span><span class=\"NormalTextRun SCXW232633876 BCX0\">\u00a0this article. For more information, email:\u00a0<\/span><\/span><a class=\"Hyperlink SCXW232633876 BCX0\" href=\"mailto:propertyreport@propertyguru.com\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW232633876 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW232633876 BCX0\" data-ccp-charstyle=\"Hyperlink\">propertyreport@propertyguru.com<\/span><\/span><\/a><span class=\"TextRun SCXW232633876 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW232633876 BCX0\">.<\/span><\/span><span class=\"TextRun SCXW232633876 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW232633876 BCX0\">\u00a0<\/span><\/span><span class=\"EOP SCXW232633876 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:270}\">\u00a0<\/span><\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Local tenants have taken advantage\u00a0of reduced rents to upgrade to better quality projects\u00a0\u00a0<\/p>\n","protected":false},"author":12,"featured_media":25160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[171,2318,2317,1064],"class_list":["post-25155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-hong-kong","tag-local-demand","tag-luxury-rentals","tag-recovery","news_country-hongkong","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hong Kong luxury home rental sector recovers after 16% drop in last 2 years | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hong Kong luxury home rental sector recovers after 16% drop in last 2 years | Asia Property Awards\" \/>\n<meta property=\"og:description\" content=\"Local tenants have taken advantage\u00a0of reduced rents to upgrade to better quality projects\u00a0\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/\" \/>\n<meta property=\"og:site_name\" content=\"Asia Property Awards\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/asiapropertyawards\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-08T03:57:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-09T04:40:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/09\/processed-10-9.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Contributing Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:site\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contributing Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/\"},\"author\":{\"name\":\"Contributing Writer\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/60e0732a149bc2fbe99629e45c8be3c2\"},\"headline\":\"Hong Kong luxury home rental sector recovers after 16% drop in last 2 years\",\"datePublished\":\"2021-09-08T03:57:35+00:00\",\"dateModified\":\"2021-09-09T04:40:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/\"},\"wordCount\":449,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/processed-10-9.jpeg\",\"keywords\":[\"hong kong\",\"local demand\",\"luxury rentals\",\"recovery\"],\"articleSection\":[\"News\",\"Property Report\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/\",\"name\":\"Hong Kong luxury home rental sector recovers after 16% drop in last 2 years | Asia Property Awards\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/processed-10-9.jpeg\",\"datePublished\":\"2021-09-08T03:57:35+00:00\",\"dateModified\":\"2021-09-09T04:40:42+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/processed-10-9.jpeg\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/processed-10-9.jpeg\",\"width\":1000,\"height\":667},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hong Kong luxury home rental sector recovers after 16% drop in last 2 years\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"name\":\"Asia Property Awards\",\"description\":\"PropertyGuru Asia Property Awards\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\",\"name\":\"Asia Property Awards\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"width\":1920,\"height\":1080,\"caption\":\"Asia Property Awards\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/asiapropertyawards\",\"https:\\\/\\\/x.com\\\/AsiaPropAwards\",\"https:\\\/\\\/www.instagram.com\\\/asiapropertyawards\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/showcase\\\/asia-property-awards\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCCMEFMU-KW5dEKfb5dPTL9Q\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/60e0732a149bc2fbe99629e45c8be3c2\",\"name\":\"Contributing Writer\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/author\\\/intern\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Hong Kong luxury home rental sector recovers after 16% drop in last 2 years | Asia Property Awards","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/","og_locale":"en_US","og_type":"article","og_title":"Hong Kong luxury home rental sector recovers after 16% drop in last 2 years | Asia Property Awards","og_description":"Local tenants have taken advantage\u00a0of reduced rents to upgrade to better quality projects\u00a0\u00a0","og_url":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/","og_site_name":"Asia Property Awards","article_publisher":"https:\/\/www.facebook.com\/asiapropertyawards","article_published_time":"2021-09-08T03:57:35+00:00","article_modified_time":"2021-09-09T04:40:42+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/09\/processed-10-9.jpeg","type":"image\/jpeg"}],"author":"Contributing Writer","twitter_card":"summary_large_image","twitter_creator":"@AsiaPropAwards","twitter_site":"@AsiaPropAwards","twitter_misc":{"Written by":"Contributing Writer","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/#article","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/"},"author":{"name":"Contributing Writer","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/60e0732a149bc2fbe99629e45c8be3c2"},"headline":"Hong Kong luxury home rental sector recovers after 16% drop in last 2 years","datePublished":"2021-09-08T03:57:35+00:00","dateModified":"2021-09-09T04:40:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/"},"wordCount":449,"commentCount":0,"publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/09\/processed-10-9.jpeg","keywords":["hong kong","local demand","luxury rentals","recovery"],"articleSection":["News","Property Report"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/","url":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/","name":"Hong Kong luxury home rental sector recovers after 16% drop in last 2 years | Asia Property Awards","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/#primaryimage"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/09\/processed-10-9.jpeg","datePublished":"2021-09-08T03:57:35+00:00","dateModified":"2021-09-09T04:40:42+00:00","breadcrumb":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/#primaryimage","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/09\/processed-10-9.jpeg","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/09\/processed-10-9.jpeg","width":1000,"height":667},{"@type":"BreadcrumbList","@id":"https:\/\/www.asiapropertyawards.com\/en\/hong-kong-luxury-home-rental-sector-recovers-after-16-drop-in-lasts-two-years\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.asiapropertyawards.com\/en\/"},{"@type":"ListItem","position":2,"name":"Hong Kong luxury home rental sector recovers after 16% drop in last 2 years"}]},{"@type":"WebSite","@id":"https:\/\/www.asiapropertyawards.com\/en\/#website","url":"https:\/\/www.asiapropertyawards.com\/en\/","name":"Asia Property Awards","description":"PropertyGuru Asia Property Awards","publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.asiapropertyawards.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization","name":"Asia Property Awards","url":"https:\/\/www.asiapropertyawards.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","width":1920,"height":1080,"caption":"Asia Property Awards"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/asiapropertyawards","https:\/\/x.com\/AsiaPropAwards","https:\/\/www.instagram.com\/asiapropertyawards\/","https:\/\/www.linkedin.com\/showcase\/asia-property-awards","https:\/\/www.youtube.com\/channel\/UCCMEFMU-KW5dEKfb5dPTL9Q"]},{"@type":"Person","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/60e0732a149bc2fbe99629e45c8be3c2","name":"Contributing Writer","url":"https:\/\/www.asiapropertyawards.com\/en\/author\/intern\/"}]}},"_links":{"self":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/25155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/comments?post=25155"}],"version-history":[{"count":0,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/25155\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media\/25160"}],"wp:attachment":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media?parent=25155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/categories?post=25155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/tags?post=25155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}