Office Space for Rent on Factory Street, Hong Kong

Why rent an office on Factory Street, Shau Kei Wan, Hong Kong?

Factory Street in Shau Kei Wan offers businesses an ideal location for office rental in Hong Kong, combining affordability with excellent connectivity and growth potential. Situated in the eastern district of Hong Kong Island, Factory Street provides cost-effective office space solutions compared to premium Central or Admiralty locations, making it particularly attractive for startups, SMEs, and companies seeking to optimize their operational costs. The area benefits from convenient MTR access via Shau Kei Wan Station, ensuring seamless transportation links to major business districts across Hong Kong. Factory Street's strategic position offers businesses proximity to both traditional industrial heritage and modern commercial developments, creating a unique business environment that supports diverse industries from manufacturing and logistics to creative services and technology companies. The district's ongoing urban renewal projects and government initiatives continue to enhance infrastructure and attract new businesses, positioning Factory Street as an emerging commercial hub with strong rental value and investment potential. Additionally, the area provides easy access to essential business amenities including banks, restaurants, parking facilities, and professional services, while maintaining lower rental costs compared to traditional CBD locations, making Factory Street an increasingly popular choice for businesses seeking strategic office locations in Hong Kong.

How much does it cost to rent an office on Factory Street, Shau Kei Wan, Hong Kong?

The cost to rent an office on Factory Street in Shau Kei Wan, Hong Kong typically ranges from HK$15 to HK$25 per square foot per month, depending on the specific building, floor level, and office condition. Factory Street office rental prices in Shau Kei Wan are generally more affordable compared to Central or Admiralty business districts, making it an attractive option for small to medium-sized businesses seeking cost-effective commercial space in Hong Kong. Most Factory Street office spaces range from 300 to 1,500 square feet, with monthly rental costs averaging between HK$4,500 to HK$37,500 for standard office units. Factors affecting Factory Street office rental prices include building age, elevator access, parking availability, and proximity to Shau Kei Wan MTR station. When budgeting for Factory Street office rental in Shau Kei Wan, tenants should also consider additional costs such as management fees, utilities, and a security deposit equivalent to two to three months rent, which can add approximately 20-30% to the base rental cost.

How accessible is Factory Street, Shau Kei Wan, Hong Kong office space by public transportation?

Factory Street in Shau Kei Wan, Hong Kong offers excellent public transportation accessibility for office spaces, making it a highly convenient location for businesses and employees. The area is served by Shau Kei Wan MTR Station on the Island Line, which provides direct connections to Central, Admiralty, and other major business districts across Hong Kong Island. Multiple bus routes operate along Factory Street and nearby roads, including routes to Aberdeen, Stanley, Chai Wan, and cross-harbor services to Kowloon and the New Territories. The well-developed public transport network ensures that office workers can easily commute to Factory Street from virtually any part of Hong Kong, with journey times to Central typically taking 20-25 minutes via MTR. Additionally, the area benefits from minibus services and taxi availability, providing flexible transportation options during peak hours and after regular MTR operating times. The strategic location of Factory Street office spaces near major transport hubs makes it an attractive choice for companies seeking accessible premises with strong connectivity to Hong Kong's broader business network.