HONG KONG EAST OFFICE RENTAL

MAR 2024 | LAST UPDATED

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KEY INDUSTRIES

Advertising & Marketing
Banking (Middle / Back Office)
Insurance
Marketing
Retail
Retail Banking
Securities Trading
Trading
Technology

SNAPSHOT

This district has long provided a decentralisation solution for corporates, boasting quality, cost effective accommodation for larger occupiers, in a modern office cluster. Typically comprises mid and non-front financial sector occupiers, media, technology and most recently law firms.

Upcoming high profile developments is defining this district as an extension of the Central Business District. The new by-pass shortens travel time to Central within 10 minutes.

GLOBAL BENCHMARK

While Hong Kong’s Central office submarket commands the world’s highest office costs by a significant margin, it also provides the steepest discounts between core and secondary markets. There is a discount of 64% between Central and Hong Kong East. Rents in these submarkets are comparable to Tokyo Shunjuku, Los Angeles Westside & Delhi Connaught Place.

Hong Kong Office Rentals (HK$ psf) →