Office Space for Rent on Lung Wah Street, Hong Kong

Why rent an office on Lung Wah Street, Kennedy Town, Hong Kong?

Renting an office on Lung Wah Street in Kennedy Town, Hong Kong offers businesses an ideal combination of strategic location, modern amenities, and excellent value for money. Located in the vibrant Kennedy Town district on Hong Kong Island's western side, Lung Wah Street provides easy access to Central via the MTR Island Line, making it perfect for companies seeking proximity to Hong Kong's financial hub while enjoying lower rental costs compared to premium Central locations. The area features a diverse mix of commercial buildings with flexible office spaces suitable for startups, small businesses, and established companies looking to expand their Hong Kong presence. Kennedy Town's rapid development has transformed it into a dynamic business district with excellent dining options, recreational facilities, and modern infrastructure, while Lung Wah Street specifically offers good connectivity to major transportation networks including buses and the Airport Express. The street's strategic position provides businesses with the advantage of being in Hong Kong Island's growing western corridor, offering potential for business growth while maintaining cost-effectiveness compared to traditional commercial areas like Admiralty or Wan Chai.

How much does it cost to rent an office on Lung Wah Street, Kennedy Town, Hong Kong?

The cost to rent an office on Lung Wah Street in Kennedy Town, Hong Kong typically ranges from HK$25 to HK$45 per square foot per month, depending on the specific building, floor level, and office condition. Office rental prices on Lung Wah Street vary significantly based on factors such as building age, available amenities, parking facilities, and proximity to Kennedy Town MTR station. Smaller office units of 200-500 square feet may command higher per-square-foot rates, while larger office spaces often benefit from economies of scale with lower rates per square foot. Kennedy Town office rentals have become increasingly popular due to the area's improved transportation links and more affordable rates compared to Central and Admiralty districts. Additional costs for Lung Wah Street office rentals typically include management fees ranging from HK$3-8 per square foot monthly, plus security deposits equivalent to 2-3 months rent and government stamp duty. Prospective tenants should budget for total occupancy costs including utilities, internet, and potential renovation expenses when calculating the true cost of renting office space in this Kennedy Town location.

How accessible is Lung Wah Street, Kennedy Town, Hong Kong office space by public transportation?

Lung Wah Street in Kennedy Town, Hong Kong offers excellent accessibility via public transportation, making it an attractive location for office space. The area is served by Kennedy Town MTR Station on the Island Line, providing direct connections to Central, Admiralty, and other key business districts across Hong Kong Island. Multiple bus routes operate along Lung Wah Street and nearby roads, including routes to Central, Wan Chai, and Causeway Bay, while the Kennedy Town Praya offers additional bus connections to various parts of Hong Kong Island and Kowloon. The location also benefits from easy access to tram services along the northern shore, providing an alternative transportation option for commuters. Kennedy Town's strategic position at the western end of Hong Kong Island, combined with its comprehensive public transport network, ensures that office tenants and employees can efficiently travel to and from Lung Wah Street office locations. The area's transportation infrastructure has been significantly enhanced in recent years, with improved MTR connectivity making Kennedy Town office space increasingly popular among businesses seeking well-connected locations outside the traditional Central business district while maintaining excellent accessibility throughout Hong Kong.