Why financial services companies must rent a serviced office in 2024

Finance firms used to have no choice. They needed a traditional office, and they spent a lot on both CAPEX and OPEX. That is now a thing of the past. Serviced office and coworking space operators now comply with all the SFC’s requirements for their clients.

Built-in manager room and meeting room

Most premium serviced offices in Central offer private offices fitted with a built-in manager room, so they are SFC compliant. They also come with built-in meeting rooms, to ensure privacy for their tenants. The old classroom layout is behind us. Operators now provide spacious private offices that you can arrange the way you want.

A private office with a built-in manager room/meeting room located in Central

Dedicated entrance

In some centres, operators offer tenants a dedicated office entrance with direct access to the lift lobby. With this type of office space, you get all the perks of being in a serviced office. At the same time, your private office gives you the feeling of a traditional office.

Server room and other IT requirements

Serviced office operators offer a wide range of IT services to meet SFC requirements. They offer dedicated LAN ports, dedicated phone lines, internet lines, a single IP address, lockable SFC compliant server racks, high-speed wifi and conference equipment. You name it, they have it.

A server room in a serviced office

Lease flexibility

Flexibility matters when you sign an office lease in Hong Kong. Standard contract terms are 2 or 3 years fixed. The tenant can renew if they decide to stay longer in the space. But committing to a 2 or 3 year lease is hard for companies that are growing fast or downsizing. They end up stuck in an office that is too small or too expensive. That is why serviced offices in Central are the best option when you want more flexibility. Contracts run from 3 months to 1 year. It is the ideal way to get through uncertain times with peace of mind.

Enterprise solution

Companies can also explore the enterprise solutions offered by major players such as The Executive Centre, IWG and WeWork. The tenant picks a traditional office space in a Grade A building, from 2,000 sq.ft or more. The operator decorates it, and the tenant signs a one year lease only, without spending on CAPEX.

Renting a serviced office can save the company up to 60% every year

Read this article to see the cost savings of a serviced office versus a traditional office in Central, Hong Kong’s main financial district.


If you want to explore a serviced office instead of renewing your current lease, you can get in touch with us today to discuss your requirement further. We know which serviced office can fit your needs, so we save you time and effort on research. We also arrange visits and handle the negotiation for you. This service is free of charge for our clients.

Bastien Cuny