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The average desk price in Central is HK$1,680 per head after discount. The average original rental price is HK$3,850 per desk.
The majority of renters in Kwun Tong who hire coworking spaces work in the marketing and creative media design industries. This is owing to the significant amount of area that these businesses require to conduct business. The price per square foot in this neighborhood is one of the most cost-effective in Hong Kong. Software IT companies and manufacturers like this location since the technology infrastructure and office arrangements are often up to their standards.
The feasible rental price per desk in Kwun Tong gives outstanding value for money after applying discounts and leveraging negotiated prices (with up to 3 months rent free). Since the demand for shared office spaces and the services they provide has been constantly increasing since Q1 2022, we may anticipate additional coworking spaces in the area in the future.
Kwun Tong was once mostly an industrial zone, with many enormous warehouses and ancient factories strewn about. It is being transformed into a modern urban neighborhood with office premises that are more inexpensive (and frequently larger) than those on Hong Kong Island. The region contains a mix of residential, commercial, and industrial zones, with bustling shopping malls like APM and restored factories that now house boxing gyms, multi-floor open space offices, and other specialist recreational activities that demand enormous amounts of space (such as a VR room).
Signature at The Quayside, Spaces at 133 Wai Yip, Ozone at Bamboos Centre, New East Sun Industrial Building and One Pacific Centre, Paragon at Mai Hong Industrial Building, Hung Mou Industrial Building, Gemmy Industrial Building and Mai Hong Industrial Building have all provided options and flexibility for post-pandemic Hong Kong businesses.
Several boutique coworking spaces have opened in the area as the entire district undergoes major redevelopment. These tiny independent shared offices provide some of Hong Kong’s most cost-effective and cheap workplaces while yet maintaining a high level of service.
Coworking spaces in Kwun Tong offer hot desks, dedicated desks, exclusive private offices, conference and meeting rooms by the hour, dedicated backend support (reception and IT) have caused the demand for shared offices in Hong Kong to steadily increase.
Explore the wide range of products we have to offer by clicking on the link below “View all locations in Kwun Tong”.