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The Western District -Hong Kong: Commercial property outlook

By Thams Nicol
02 July, 2015


The Western District is a great place to rent an office in Hong Kong. The commercial property market here is vibrant and competitive.

Many good quality buildings exist in the District, suitable for rental by a number of firms across a breadth of disciplines. The Central and Western District is one of the 18 administrative districts of the territory. It has the most educated residents with the second highest income, and the third lowest population due to its relatively small size.

Central is of course the core urban area in this part of the world, while the Western District covers Shek Tong Tsui, Kennedy Town and Sai Ying Pun, and is part of the City of Victoria. This is the earliest urban settlement in colonial Hong Kong. Here are a few examples of great office space available in this sector of the territory.

Shun Tak Centre

A commercial and transport hub on the northern shore of Hong Kong Island, Shun Tak Centre comprises two office towers with a 4-storey retail podium and a large car park. Due to its geographical location, it also serves as a transportation hub with direct connections to the Hong Kong and Macau Ferry Terminal, taxi ranks, bus terminals and a helicopter landing pad that shuttles people into and out of nearby cities in China and Macau.

The total area of this building is 670,000 square feet and it offers 22,000 square foot office floor plates.

Kai Tak Centre

Built in 1974, Kai Tak Centre features 22 storeys including restaurants and a hotel. Its total area is 110,000 square feet and it sits a convenient half hour's drive from the airport.

Located in Sheung Wan commercial district near the MTR, and with ease of access to Kowloon, the Kai Tek Commercial Building acts as the perfect base for aspiring businesses in Hong Kong.

Cyberport III

Cyberport III is a 12-storey office building on Telegraph Bay. It offers a state-of-art broadband network, IT and telecommunications facilities; plus it provides all the essential needs of any digital and ICT focused company.

There are a variety of amenities within the complex itself, such as numerous restaurants, a fitness center, hotel and conference rooms. The Cyberport complex is easily accessible by car, bus and mini bus. The total area of this building is 580,000 square feet and it offers 90,000 square foot office floor plates.

Making the right office choice

Office space for rent here, in common with most of Hong Kong, is at a premium. Finding the right offices to rent in Hong Kong can be most likely achieved with the help of JLL Property brokers. Firms like JLL are ideally placed to help you navigate the complexities of Hong Kong rental.

 

Bear in mind that any district of Hong Kong is teeming with businesses seeking the perfect new commercial lease. As such, you need to prepare for a potentially long search with a number of challenges along the way.

 

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