Choose among serviced office or coworking space memberships in Causeway Bay. Lease terms are flexible, from month-to-month to 24 months contract.
The median desk price achievable in Causeway Bay is at $3,480 per head after discount. The median original asking rental price is at $7,500 per desk.
The median desk price achievable in Causeway Bay is at $3,480 per head after discount. The median original asking rental price is at $7,500 per desk.
Causeway Bay tenants are not like those in other business zones. This district is densely packed with fashion designers, luxury brands, information and technology startups, and marketing and advertising organizations. This is due to the neighborhood’s reputation as a creative and shopping zone. The Lee Gardens area also has Financial Services, Accountants, Law Firms, and Recruitment Firms.
Despite the continuously growing demand, the attainable rental price per desk in Causeway Bay is surprisingly inexpensive after applying reductions and negotiating prices (with up to 3 months rent free). This is mostly owing to the numerous new workplaces that have developed in the neighborhood, keeping supply and demand in check. Despite this, demand for new workplaces has been continuously increasing since Q1 2020, thus we can expect more coworking spaces to open in the future.
In Hong Kong, Causeway Bay has the largest concentration of co-working spaces. Several of Hong Kong’s largest coworking space providers, including Spaces at Lee Garden Three, Signature at Hysan Place, Sky Business Centre at Times Square, and Compass Offices at Lee Garden Two, have launched new facilities in this district.
With the recent epidemic hitting multiple enterprises and creating several problems, these operators’ capacity to supply solutions was critical. Businesses are increasingly relocating from traditional offices to serviced business centers, where they may pay one bill for everything (office rent, management fees, internet, water, and energy).
Some firms may be concerned about legal needs for specific industry. Operators are well aware of this and have made adaptations to satisfy any unique requirements, such as those imposed by law firms or the SFC. Issues such as a distinct and independent office entrance, as well as dedicated corporate broadbands, are easily remedied.
With most companies now considering “Coworking Spaces vs Traditional Offices”, coworking spaces have an edge as what they offer is too good to ignore.
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