Commercial Properties for Lease in Central, Hong Kong

About the neighbourhood

Central stands as Hong Kong's traditional Central Business District (CBD), featuring the highest concentration of Grade A commercial skyscrapers that house leading multinational financial corporations. Iconic landmarks such as the International Finance Centre, Cheung Kong Centre, The Center, Three Garden Road, and Bank of China Tower exemplify the area’s prestigious and premium office spaces, renowned for being among the most expensive in the world. Bordered by Sheung Wan to the west and Admiralty to the east, these areas are increasingly recognized as integral parts of Central, with a growing number of Grade A office buildings emerging. The district is expanding towards the harborfront reclamation area, where Henderson Land has recently secured a prime commercial site for a record HK$50.8 billion. This development, set to be completed in 2032, will feature one multifunctional tower and two interconnected office towers, all connected by a green roof that will serve as an “urban forest,” providing public green spaces, jogging paths, and leisure areas. Central boasts exceptional accessibility through various transportation options, including the Airport Express Hong Kong Station, Central Ferry Piers, and the Hong Kong-Macau Ferry Terminal, solidifying its status as the most vital business hub in the region. In addition to its commercial prominence, Central is a leading shopping destination. The International Finance Centre mall offers a wide range of high-end fashion, lifestyle products, and diverse dining experiences. Notable streets such as Li Yun Street for everyday goods, Hollywood Road for antiques, and Pedder Street for luxury international brands further enhance its retail appeal. For those seeking vibrant nightlife, Lan Kwai Fong and the SOHO area are popular hotspots for locals and expatriates alike. This bustling locale features an array of restaurants, tea houses, bars, and clubs, serving a delightful mix of cuisines from Asia, America, the Middle East, Europe, and beyond.

Why renting a Commercial Property in Central?

Central is one of the most prestigious areas in Hong Kong, attracting both locals and tourists. Its status as a major business and financial hub ensures a steady flow of potential customers. The area experiences significant pedestrian traffic, especially around shopping malls like IFC and popular streets. This visibility can lead to increased brand exposure and higher sales potential.

How much does it cost to rent a Commercial Property in Central?

The cost of renting a shop or a restaurant in Central Hong Kong can vary significantly based on several factors, including location, size, and type of establishment. For Retail, prices typically range from HK$150 to HK$300 per square foot per month, with prime locations possibly exceeding HK$500 per square foot.

What is the foot traffic like in Central?

Foot traffic in Central Hong Kong is typically very high, making it one of the most bustling areas in the city. As the main business district, Central attracts a significant number of professionals during weekdays, leading to heavy pedestrian traffic. The area is also a popular destination for tourists, especially near shopping malls, restaurants, and landmarks, which contributes to high footfall throughout the week.

What are the different Public Transportation options in Central?

Central's comprehensive transportation network includes: - MTR Central Station: Connected to 3 major lines - Airport Express: 24-minute direct link to HKIA - Ferry Terminals: Services to Tsim Sha Tsui, Discovery Bay, and Outlying Islands - Tram Network: Historic system connecting East-West corridors - Bus Terminus: Over 90 routes serving Hong Kong Island and Cross-Harbour routes - Mid-Levels Escalator: World's longest outdoor covered escalator system

What kind of Commercial Property I can rent in Central?

Commercial property types in Central: 1. Grade A Offices - Premium finishes - Smart building features - International standard facilities - Professional management 2. Retail Spaces - Street-level shops - Shopping mall units - Heritage buildings - Food & beverage venues 3. Mixed-Use Developments - Office-retail combinations - Restaurant-bar spaces - Multi-functional units

What is the Tenant Mix in Central?

Current tenant distribution in Central: - Financial Services: 45% - Professional Services: 20% - Luxury Retail: 15% - F&B: 12% - Entertainment: 5% - Others: 3% Key retail clusters: - Luxury: IFC Mall, The Landmark - Banking: Des Voeux Road - F&B: Wellington Street, Stanley Street - Entertainment: Lan Kwai Fong, D'Aguilar Street