Why rent an office in Tsim Sha Tusi
Tsim Sha Tsui- September 11, 2014
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Introduction
Hong Kong is one of the most expensive places in the world to live and run a business. However, it also offers an unparalleled array of real estate options for businesses looking to rent an office space. This makes Hong Kong one of the top locations for startups and small businesses looking for affordable space that’s close to public transportation, restaurants, cafes and entertainment venues.
Tsim Sha Tsui is one of the largest and most competitive markets in the world when it comes to office space.
Hong Kong is one of the largest and most competitive markets in the world when it comes to office space. The city has more than 5 million square feet of Class A space, which is some of the best in all of Asia.
The majority of this prime real estate is found in Central and Tsim Sha Tsui. This makes it easy for tenants to find options that meet their needs, but also increases competition between businesses looking for the same type of office space.
Depending on the location and space, the cost of office space can be anywhere from $80 to $300 per square foot.
Depending on the location and space, the cost of office space can be anywhere from $80 to $300 per square foot. The average costs of office space in Tsim Sha Tsui are around $70 per square foot. In Central there is a higher demand for high-end service industries such as advertising, fashion, media and finance. This has driven up prices in these areas which average around $200 per square foot.
The cost per square foot for office space in business center is approximately 30% less than traditional office.
The cost per square foot for office space in most business center is approximately 30% less than Manhattan. This makes it a very attractive option for startups and small businesses since they may not be able to afford the high-end rent of traditional office. In fact, when it comes to renting an office space in Tsim Sha Tsui, business center is one of the most popular choices amongst startups and small businesses today.
With so many available spaces available, you’ll be sure to find exactly what you’re looking for!
A rapidly expanding tech industry has also been a huge factor in what’s driving up demand for co-working space throughout the city.
This has been a huge driver in what’s driving up demand for office space throughout the city. The tech industry is growing rapidly in Hong Kong. In fact, last year it was reported that tech companies now employ more than 8% of all private sector workers in Hong Kong—a big jump from just 2% ten years ago.
The economic impact this presents is obvious: there are thousands of new jobs being created and hundreds of billions of dollars pouring into the economy each year as a result. All these employees need access to their favorite coffee shops and coworking spaces. That’s why any new building going up in Hong Kong will have some sort of “amenities” section on its floor plan; amenities being anything from shared meeting rooms to free coffee & snacks
The majority of new spaces are geared toward larger tech companies, whereas smaller startups are finding it increasingly challenging to find affordable rental options.
Hong Kong has a lot to offer businesses of all shapes and sizes. It’s no secret that the city is home to some of the world’s most innovative companies, and it’s also one of Asia’s most competitive markets for commercial real estate. Thus, if you’re looking for an office space or other commercial property in Hong Kong it can be difficult to find something that meets your needs as well as your budget.
The majority of new spaces are geared toward larger finance companies, whereas smaller startups are finding it increasingly challenging to find affordable rental options. But don’t lose hope! There are still plenty of options available for small business owners who want an office in the Hong Kong—you just need some help navigating them all.
Conclusion
Tsim Sha Tsui is the best place for office space, with an unparalleled array of options to choose from. The cost of office space in Tsim Sha Tsui can be anywhere from $80 to $300 per square foot, depending on location and size. This is why businesses looking for an affordable rental option should consider looking business center and share office, as costs typically is cheaper than traditional office