Office Space for Rent on Third Street, Hong Kong

Why rent an office on Third Street, Sai Ying Pun, Hong Kong?

Renting an office on Third Street in Sai Ying Pun, Hong Kong offers businesses exceptional value and strategic advantages in one of the city's most dynamic commercial districts. Third Street Sai Ying Pun provides excellent connectivity with MTR stations nearby, making it easily accessible for employees and clients traveling from across Hong Kong Island and beyond. The area combines competitive rental rates with proximity to Central business district, allowing companies to establish a prestigious Hong Kong address without the premium costs of traditional CBD locations. Sai Ying Pun has transformed into a thriving business hub featuring modern office buildings, co-working spaces, and flexible lease options suitable for startups, SMEs, and established corporations. The neighborhood offers abundant dining options, banking services, and business amenities, while maintaining excellent transport links to Hong Kong International Airport and major commercial centers. Companies choosing Third Street office space benefit from the area's growing reputation as an innovative business quarter, supported by reliable infrastructure, high-speed internet connectivity, and a diverse professional community that fosters networking opportunities and business growth in Hong Kong's competitive market.

How much does it cost to rent an office on Third Street, Sai Ying Pun, Hong Kong?

The cost to rent an office on Third Street in Sai Ying Pun, 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. For a small office space of approximately 300-500 square feet, businesses can expect to pay between HK$7,500 to HK$22,500 monthly, while larger office units of 1,000-2,000 square feet may cost HK$25,000 to HK$90,000 per month. Third Street office rental prices in Sai Ying Pun are generally more affordable compared to Central or Admiralty districts, making it an attractive location for startups and small to medium enterprises. Additional costs to consider when renting office space on Third Street include government rates, management fees, air conditioning charges, and utility deposits, which can add approximately 15-25% to the base rental cost. The rental market in Sai Ying Pun has remained relatively stable, with newer commercial buildings commanding premium rates while older properties offer more competitive pricing for budget-conscious tenants seeking office space in this well-connected Western District location.

How accessible is Third Street, Sai Ying Pun, Hong Kong office space by public transportation?

Third Street in Sai Ying Pun, Hong Kong offers excellent accessibility by public transportation, making it an ideal location for office space. The area is served by Sai Ying Pun MTR Station on the Island Line, providing direct connections to Central, Admiralty, and other key business districts within minutes. Multiple bus routes operate along Third Street and nearby Des Voeux Road West, offering comprehensive coverage across Hong Kong Island and connections to Kowloon and the New Territories. The location benefits from frequent tram services running along Des Voeux Road West, providing an affordable and scenic commuting option. Additionally, the area has good pedestrian connectivity to Sheung Wan MTR Station, which serves both the Island Line and Tsuen Wan Line, further expanding transportation options. Taxi services are readily available, and the proximity to major roads ensures easy access for those commuting by private vehicle. The comprehensive public transportation network serving Third Street, Sai Ying Pun makes it highly accessible for employees and clients, contributing to its attractiveness as a commercial office location in Hong Kong's Western District.