Office Space for Rent on Tung Shan Terrace, Hong Kong

Why rent an office on Tung Shan Terrace, Happy Valley, Hong Kong?

Renting an office on Tung Shan Terrace in Happy Valley, Hong Kong offers businesses a strategic location that combines accessibility with prestige in one of the city's most desirable districts. This prime address provides excellent connectivity to Central and other key business areas through efficient public transport links, while offering a more relaxed atmosphere compared to the bustling CBD. Happy Valley is renowned for its mix of commercial and residential properties, creating a balanced work environment that attracts both local and international companies. Offices on Tung Shan Terrace benefit from the area's excellent infrastructure, proximity to quality dining and entertainment options, and the prestigious Happy Valley address that enhances corporate image. The location offers competitive rental rates compared to Central or Admiralty, making it an attractive option for businesses seeking premium office space without the premium price tag. Additionally, the area's stable rental market and strong transport connections to major business districts make Tung Shan Terrace an ideal choice for companies looking to establish or expand their Hong Kong operations in a well-connected, professionally regarded location.

How much does it cost to rent an office on Tung Shan Terrace, Happy Valley, Hong Kong?

The cost to rent an office on Tung Shan Terrace in Happy Valley, Hong Kong typically ranges from HK$35 to HK$55 per square foot per month, depending on the specific building, floor level, and office condition. For a standard 500 square foot office space, monthly rental costs generally fall between HK$17,500 to HK$27,500, while larger 1,000 square foot offices can cost between HK$35,000 to HK$55,000 per month. Tung Shan Terrace office rental prices are influenced by factors such as building age, elevator access, parking availability, and proximity to Happy Valley MTR station. Premium office spaces in newer buildings or those with harbor views may command higher rates of up to HK$65 per square foot monthly. Additional costs for Tung Shan Terrace office rentals typically include management fees ranging from HK$8 to HK$15 per square foot annually, government rates and taxes, and utility deposits. Most landlords in Happy Valley require a security deposit equivalent to two to three months rent plus the first month's rent in advance when signing an office lease agreement.

How accessible is Tung Shan Terrace, Happy Valley, Hong Kong office space by public transportation?

Tung Shan Terrace in Happy Valley offers excellent accessibility by public transportation, making it a highly convenient location for office space in Hong Kong. The area is well-served by multiple bus routes that connect directly to Central, Admiralty, Causeway Bay, and other major business districts throughout Hong Kong Island. Happy Valley MTR station on the Island Line provides quick and efficient rail connections, with journey times of approximately 10-15 minutes to Central and Admiralty financial districts. Additionally, the location benefits from extensive minibus services and taxi availability, ensuring reliable transportation options throughout the day. The strategic position of Tung Shan Terrace office space allows easy access to the Cross-Harbour Tunnel for connections to Kowloon and the New Territories, while tram services along nearby major roads provide an additional affordable public transport option. This comprehensive public transportation network makes Tung Shan Terrace an attractive choice for businesses seeking accessible office locations in Happy Valley, with employees able to commute efficiently from all areas of Hong Kong using various public transport modes.