Choose among serviced office 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.
After applying discounts and negotiating prices (with up to 3 months rent free), the attainable rental price per desk in Causeway Bay is surprisingly affordable despite the rapidly growing demand. This is mainly due to the many new offices being opened up in the area, keeping supply in balance with the demand. Despite this, the pressure for new offices is still growing steadily since Q1 2022, and so we can expect more serviced offices to open up in the area in the future.
Tenants in Causeway Bay differ from your conventional business districts. Fashion Designers, Luxury Brands, Information and Technology Startups and Marketing and Advertising firms are fairly concentrated in this district. This is mainly due to the area being regarded as a creative and shopping district. There are also Financial Services, Accountants, Law Firms and Recruitment Firms located in the Lee Gardens area. By the end of 2021, 23% of them will be working in a serviced office in Central.
Causeway Bay has the highest concentration of serviced offices in Hong Kong. Several of the largest serviced offices in Hong Kong have opened new locations in this district such as Spaces at Lee Garden Three, Signature at Hysan Place, Sky Business Centre at Times Square and Compass Offices at Lee Garden Two.
With the recent pandemic affecting various businesses and causing many problems, the ability to provide solutions by these operators were invaluable. With one invoice covering everything (office rent, management fees, internet, water, electricity), we are seeing a trend in which businesses are moving from their traditional offices to a serviced business centre.
Some businesses may have concerns with legal requirements for certain industries, in terms of office space. Operators are well aware of this and have made adjustments to accommodate any special needs, from Law firms or SFC-related requirements. Issues such as an independent and separate office entrance to dedicated business broadbands effortlessly resolved.
With most companies now considering “Serviced Offices vs Traditional Offices”, serviced offices have an edge as what they offer is too good to ignore.
Explore the wide range of products we have to offer by clicking on the link below “View all locations in Causeway Bay”.
Please enter your username or email address. You will receive a link to create a new password via email.