{"id":376,"date":"2024-08-31T22:06:01","date_gmt":"2024-08-31T22:06:01","guid":{"rendered":"http:\/\/fountain-rock.com\/en\/?p=376"},"modified":"2024-08-31T22:19:02","modified_gmt":"2024-08-31T22:19:02","slug":"prime-rents-slip-0-8-yoy-in-q2-2024-amidst-increased-supply","status":"publish","type":"post","link":"https:\/\/fountain-rock.com\/en\/prime-rents-slip-0-8-yoy-in-q2-2024-amidst-increased-supply\/","title":{"rendered":"Prime rents slip 0.8% YoY in Q2 2024 amidst increased supply"},"content":{"rendered":"<p>On a quarterly basis, rents declined 0.5%.<\/p>\n<p>Hong Kong ranked 14th amongst top prime rental markets globally despite a 0.8% year-on-year (YoY) dip in rents for Q2 2024, Knight Frank reported.<\/p>\n<p>On a quarterly basis, prime rents in Hong Kong declined 0.5% quarter-on-quarter (QoQ).<\/p>\n<p>The report also noted that prime rents in Hong Kong are under pressure due to a relatively high volume of new supply.<\/p>\n<p>Sydney rose as the top market with a 13.9% YoY rise in prime rents, followed by Tokyo (11.0% YoY) and Berlin (6.9% YoY).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On a quarterly basis, rents declined 0.5%. Hong Kong ranked 14th amongst top prime rental markets globally despite a 0.8% year-on-year (YoY) dip in rents for Q2 2024, Knight Frank reported. On a quarterly basis, prime rents in Hong Kong declined 0.5% quarter-on-quarter (QoQ). The report also noted that prime rents in Hong Kong are under pressure due to a relatively high volume of new supply. Sydney rose as the top market with a 13.9% YoY rise in prime rents, followed by Tokyo (11.0% YoY) and Berlin (6.9% YoY).<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-376","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/fountain-rock.com\/en\/wp-json\/wp\/v2\/posts\/376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fountain-rock.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fountain-rock.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fountain-rock.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fountain-rock.com\/en\/wp-json\/wp\/v2\/comments?post=376"}],"version-history":[{"count":1,"href":"https:\/\/fountain-rock.com\/en\/wp-json\/wp\/v2\/posts\/376\/revisions"}],"predecessor-version":[{"id":378,"href":"https:\/\/fountain-rock.com\/en\/wp-json\/wp\/v2\/posts\/376\/revisions\/378"}],"wp:attachment":[{"href":"https:\/\/fountain-rock.com\/en\/wp-json\/wp\/v2\/media?parent=376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fountain-rock.com\/en\/wp-json\/wp\/v2\/categories?post=376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fountain-rock.com\/en\/wp-json\/wp\/v2\/tags?post=376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}