HONG KONG OFFICE RENTAL
MAY 2023｜LAST UPDATED
Office Rental Hong Kong? Transact with Experts at Zero Cost. Lowest Rentals.
→ 100% Office Rental Market Coverage
→ Lowest Market Rentals Guaranteed
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RECEIVE OFFICE RENTAL LISTING IN 2 MINS!
LOWEST RENTALS GURANTEED?
Crowdsourced Wholesale Rentals.
SAVVI obtains rentals with economies of scale through our proprietary ‘Crowdsourced’ Tenants Network. Bulk negotiations generate wholesale rentals delivering huge rental savings.
Office Cost Arbitrage with Experts.
Finding an ideal office is one thing, executing & negotiating the optimal lease package is another. Partner with SAVVI to enjoy institutional grade advisory for offices big or small.
Access Upcoming & Off-Market Offices.
Experience the power of the largest Tenants Network to access exclusive upcoming & off-market fitted offices for minimising bidding wars & renovation costs.
EXPERT OFFICE RENTAL TIPS
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Utilise data and technology to ensure full market coverage for office space sourcing.
Engage expert negotiators to implement strategy for securing an optimal lease package.
Secure institutional grade expertise locally to manage your office from set up to move in.
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This will vary greatly by location, and can range as low as HK$50,000 per month in the core Central business district. Hong Kong is small and with efficient transportation, your choice of office location on Hong Kong Island is often not beyond a 5 - 20 minutes radius to the core Central business district.
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Typically, the average office rental range can vary between HK$25 - 60 per sq ft per month. For a start up office to accommodate 5 - 10 headcount, the monthly rental can range between HK$30,000 - 90,000 per month.
For a complete list of office rents, refer to our Hong Kong office rental index.
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Lease terms in Hong Kong are typically for three years, although variations are negotiable. Larger occupiers may be able to secure multiple terms of six to nine years subject to rent review at the end of every third year at open market rent (OMR). If the parties cannot agree on OMR, an independent expert valuer or arbitrator determines the rent.
For shorter lease terms, solutions can be created through flexible workspace and off-market opportunities through SAVVI's Tenant's Network.
OFFICE RENTAL BY HEADCOUNT
5 - 10 PERSON OFFICES
AREA (G): 600 - 1,000 SQ FT
RENT (MTH): > HK$38,000
FITOUT SAVINGS: HK$1,500,000
LEASE TERM: 2 - 3 YEARS
10 - 20 PERSON OFFICES
AREA (G): 2,000 - 3,000 SQ FT
RENT (MTH): > HK$70,000
FITOUT SAVINGS: HK$2,500,000
LEASE TERM: 2 - 3 YEARS
20 - 30 PERSON OFFICES
AREA (G): 3,000 - 5,000 SQ FT
RENT (MTH): > HK$90,000
FITOUT SAVINGS: HK$3,500,000
LEASE TERM: 2 - 3 YEARS
30 - 60 PERSON OFFICES
AREA (G): 5,000 - 8,000 SQ FT
RENT (MTH): > HK$150,000
FITOUT SAVINGS: HK$5,500,000
LEASE TERM: 2 - 3 YEARS
CUSTOM OFFICES? GO SAVVI OFFICES
UP TO 20,000 SQ FT
LOWEST ‘CROWDSOURCED’ RENTALS
PRE-BUILT OFFICES
LEASE TERM: 3 - 5 YEARS
