Office Space for Rent on Bailey Street, Hong Kong

Why rent an office on Bailey Street, Hung Hom, Hong Kong?

Bailey Street in Hung Hom, Hong Kong offers exceptional office rental opportunities for businesses seeking a strategic location with excellent connectivity and cost-effective solutions. This prime area provides easy access to major transportation hubs including Hung Hom Station, which connects to both the East Rail Line and West Rail Line, making commuting convenient for employees and clients throughout Hong Kong and mainland China. Renting an office on Bailey Street positions your business in a rapidly developing commercial district that offers significantly lower rental costs compared to Central or Admiralty, while still maintaining proximity to Tsim Sha Tsui and the core business areas. The neighborhood features modern office buildings with comprehensive amenities, reliable infrastructure, and growing retail options that support business operations. Companies choosing Bailey Street benefit from its emerging status as a business hub, with government initiatives promoting commercial development in the area, potential for capital appreciation, and access to a diverse talent pool from nearby residential areas. The location also provides stunning harbor views from many office spaces, creating an impressive environment for client meetings and employee satisfaction, while offering flexible lease terms and parking availability that are often challenging to secure in more established commercial districts.

How much does it cost to rent an office on Bailey Street, Hung Hom, Hong Kong?

The cost to rent an office on Bailey Street in Hung Hom, Hong Kong typically ranges from HK$18 to HK$35 per square foot per month, depending on the specific building, floor level, and office condition. Bailey Street office rental prices in Hung Hom are generally more affordable compared to Central or Admiralty districts, making it an attractive option for small to medium-sized businesses seeking cost-effective commercial space. Factors affecting Bailey Street office rental costs include building age, available amenities, proximity to Hung Hom MTR station, parking availability, and lease terms. Most Bailey Street offices in Hung Hom require a minimum lease period of two to three years, with landlords typically requesting two to three months rent as security deposit plus one month advance rent. For a standard 500 square foot office space on Bailey Street, businesses can expect monthly rental costs between HK$9,000 to HK$17,500, plus additional charges for management fees, air conditioning, and utilities. The Hung Hom area offers excellent transportation links and is experiencing ongoing urban development, which may influence future Bailey Street office rental market trends and pricing stability.

How accessible is Bailey Street, Hung Hom, Hong Kong office space by public transportation?

Bailey Street in Hung Hom, Hong Kong offers excellent accessibility by public transportation, making it an attractive location for office space. The area is served by Hung Hom Station, a major transportation hub that connects the MTR East Rail Line and West Rail Line, providing direct access to both Hong Kong Island and New Territories. Office workers can easily reach Central, Admiralty, and Tsim Sha Tsui within 10-15 minutes via the cross-harbour tunnel rail link. Multiple bus routes operate along Bailey Street and nearby roads, offering connections to various districts across Hong Kong, Kowloon, and the New Territories. The proximity to the Hung Hom Ferry Pier also provides alternative water transportation options to Central and Wan Chai. Additionally, the area benefits from excellent road connectivity with easy access to major highways and the Cross-Harbour Tunnel, making it convenient for both public transport users and those traveling by private vehicle. This comprehensive transportation network makes Bailey Street office space highly accessible for employees commuting from different parts of Hong Kong, contributing to its appeal as a business location in the Hung Hom district.