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Office space in Sai Ying Pun, Hong Kong

Office space in Sai Ying Pun comes down to one address: the Hive at Poho on New Street. One person here usually pays around HK$4,690 a month, and a room for four is about HK$14,400. Sai Ying Pun station is 550 metres away, roughly seven minutes on foot. Prices shown are asking prices, and every rent is negotiable.
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What office space in Sai Ying Pun costs

What Sai Ying Pun is like, and who works there

The name means western barracks, and it is literal. The British army landed here on 26 January 1841 and camped on the slope. The street grid from those years is still the layout: First Street, Second Street and Third Street run across the hill, with High Street above them.

It is steep ground. Centre Street is steep enough that the government built an escalator up it, opened in April 2013, climbing from Queen's Road West to High Street. The Old Mental Hospital on High Street survives as the Sai Ying Pun Community Complex, and its facade is a Grade 1 historic building.

The office sits at the eastern edge, in the lanes called Poho. The Hive at Poho is a four storey building at 5 to 13 New Street with its own ground floor terrace, and the lanes around it hold studios, galleries and cafes. Po Hing Fong itself once held a reception centre for Sun Yat-sen's Tongmenghui.

Written by Bastien Cuny, Founder and CEO.

Getting to Sai Ying Pun

Sai Ying Pun station is on the Island line, 550 metres and about seven minutes from New Street, with the entrance behind Centre Street Market. Central is two stops east and Admiralty is three, with no change of train. HKU is one stop west.

The station opened on 29 March 2015, three months after the rest of the western extension. For the airport, ride to Central and change for Hong Kong station and the Airport Express.

Who should rent office space in Sai Ying Pun

You get a building rather than a floor in a tower. The Hive at Poho has four storeys and a terrace of its own, so the address feels like a studio house rather than a serviced floor.

Central stays two stops away, so a morning meeting there costs you minutes, not a journey. And the University of Hong Kong sits up the hill at the next station west, handy for any work that touches the campus.

Day to day life is at street level. The Poho lanes hold the cafes and small galleries, and lunch is a short walk rather than a food court queue.

The honest trade-off in Sai Ying Pun

It is a hill. The office is 550 metres and about seven minutes up from the station, and the numbered streets are steep enough to need an escalator.

Choice is the other limit. There is one centre in the district, so there is nothing to compare on the doorstep, and at HK$4,690 the entry price sits above Sheung Wan one stop east. Note that Sai Ying Pun is a small market, and its listing also appears on the Kennedy Town page.

What an office costs in Sai Ying Pun

One person at the Hive at Poho usually costs around HK$4,690 a month. A room for four in the same building is about HK$14,400, one figure for the whole room however many of the four desks you fill. Coworking space starts at around HK$5,500 a month per person.

Prices checked on 24 September 2026.

Sai Ying Pun compared with its neighbours

Sheung Wan is one stop east. Nine centres, the lowest entry price on the north shore at HK$2,400 for one person, and coworking space from HK$1,688. See it first if price and choice decide it.

Kennedy Town is two stops west, at the end of the Island line. Three centres, all from The Hive, at around HK$4,005 for one person. Sai Ying Pun's own listing is shown there too, so one visit to that page covers both districts.

Central is two stops east and the benchmark. One person starts at HK$3,000 there, and a room for four averages around HK$23,105, well above the HK$14,400 asked here.

Office rents in Sai Ying Pun: which way they are moving

The district is being rebuilt a block at a time. On 2 December 2022 the Urban Renewal Authority announced a project on Queen's Road West and Kwai Heung Street covering nine buildings of about sixty years old, roughly 100 households and 20 shops, on a ten year timetable. The Sung Hing Lane playground beside it will be enlarged.

Two stops east, the market has turned. On 6 July 2026 the forecast for Central Grade A rents was raised to a rise of 10% to 15% across 2026, driven by financial firms and IPO activity.

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Questions we get asked

How much does office space in Sai Ying Pun cost?

One person usually pays around HK$4,690 a month at the Hive at Poho, 5 to 13 New Street. A room for four is about HK$14,400, and coworking space starts at around HK$5,500 per person. All asking prices, all negotiable.

Is there coworking space in Sai Ying Pun?

Yes, at the Hive at Poho on New Street, from around HK$5,500 a month per person.

Why do Sai Ying Pun offices also appear under Kennedy Town?

Sai Ying Pun is a one centre district, so its listing is also carried on the Kennedy Town page, two stops west. The office itself is in Sai Ying Pun, 550 metres from Sai Ying Pun station.

Which MTR station should I use for Sai Ying Pun?

Sai Ying Pun station on the Island line, 550 metres and about seven minutes from New Street. Sheung Wan station is one stop east and also walkable.

How long does it take to get from Sai Ying Pun to Central?

Two stops east on the Island line, no change. Admiralty is three stops and HKU is one stop the other way.

Who is Nextspace, and what does using it cost?

Nextspace is a Hong Kong office broker, licence C-088076. We show what each centre asks, negotiate the rent you actually sign, and are paid by the operator when a deal completes, so the search costs you nothing.

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