Kennedy Town

HONG KONG

Private Spaces

23 available

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Coworking Spaces

3 available

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We have 26 offices available to rent in Kennedy Town as at 17 October 2021. These offices are suitable for 1 to 30 people. The average desk price is HK$25,051 per month.

Map

Kennedy Town, Hong Kong

Office Hub Co-Stats - live listing data

Average price per desk for coworking in Kennedy Town based on 4 listingsHK$3,825/ weekAverage office price data last updated Sun Oct 17 2021
HK$547 / day
HK$3,825/ week
HK$16,609 / month

Properties Summary

This report compares the annual growth of coworking, serviced and shared workspaces within a radius of 2km in and around Kennedy Town. The live results reflect the actual data as submitted by our workspace partners on their individual spaces and availability as at 30 September 2021.

33.3%

33.3%

Growth Flexible Locations

205.6%

205.6%

Demand For Flexible Workspace

75 sqm

75 sqm

Average Sublet/Shared Floorspace Size

540 sqm

540 sqm

Average Serviced/Coworking Floorspace Size

8 Locations

8 Locations

Flexible Workspace Locations

12%

12%

of all Listings are Shared Spaces

Workspace Type

62.5% of the workspaces showing available listings in and around Kennedy Town were Serviced Office (Creative), followed by Coworking Space with 12.5%.

Workspace Quality

Taking into account the building quality, workspace fitout and services provided by each provider, the overall ranking for workspaces in and around Kennedy Town confirms that 75% are rated Excellent.

Building Grade

After comparing the building services and quality of the foyer and common areas we can confirm that 67% of all flex buildings in and around Kennedy Town are categorised as A Grade Buildings.

Listings Summary

Based on the actual available listings within a 2km radius of Kennedy Town, the following summary highlights the annual movement in pricing, availability and listing statistics. All data is dynamically updated in real time and submitted by our workspace partners as at 30 September 2021.

86.7%

86.7%

of available listings are private offices

6 out of 10

6 out of 10

listings have natural daylight

177 desks

177 desks

are currently available to rent

12.1%

12.1%

annual growth in flexible space listings

4 sqm

4 sqm

is the average size per person/desk

[object Object]

HK$4,345

is the average monthly price per desk

17.1%

17.1%

is the average discount on available listings

23.3%

23.3%

of all listings have a discount applied

Average Desk Price - Space Type

In September 2021, after factoring all discounts and incentives the advertised average price per desk is:

Average Desk Price - Office Capacity

Based on the capacity of each office group, this graph shows the average discounted price per desk.

Desk Availability - Space Type

By space type, this report shows the split of available listings as at 30 September 2021.

Building - Features and Facilities

In and around Kennedy Town, this graph lists what percentage of buildings have each of these facilities on offer for tenants to use.

Workspace - Features and Facilities

Focusing on the workspace, this graph lists the percentage of spaces who offer these facilities for tenants to use.


4.1 people

4.1 people

No of Desired Desks (average)

[object Object]

HK$26,931

Rental Budget Per Month (average)

[object Object]

HK$5,702

Monthly Budget Per Desk (average)

12.8 months

12.8 months

Desired Rental Term (average)

24.5 sqm

24.5 sqm

Preferred Space Size (average)

25.7 days

25.7 days

Days to Desired Move in Date (average)

Budgeted Spend Per Month

(12 mth average)

Desired Team Capacity (12 mth average)

(12 mth average)

Requested Rental Term

(12 mth average)

Required Size of Space

(12 mth average)

Days to Intended Occupancy

(12 mth average)

Current Workspace Type

Demand by Industry Segment

Tenant Wishlist

Lifecycle of Incoming Tenant

Preferred Workspace Type

Motivation to Move


4 days

4 days

Actual Days from Enquiry to Signed Deal

17 days

17 days

Actual Days from Signed Deal to Move In

15 months

15 months

Actual Average Agreement Term

12.5%

12.5%

From Enquiry to Signed Deal

6 people

6 people

Actual Average Team Size

[object Object]

HK$7,500

Actual Average Monthly Desk Rate

[object Object]

HK$540,000

Actual Average Contract Value

20%

20%

Average Discount Applied to Signed Deals

Timeline from Enquiry to Move In

Desired vs Actual Contract Term

Desired vs Actual Monthly Contracted Spend

Desired vs Actual Team Capacity

Desired vs Actual Contracted Space Size

Previous Workspace Type

Quick Facts

Offices available count icon

Offices

26

Office capacity icon

Capacity

1 - 30 people

Office price range icon

Price Range (Month)

HK$11,220 to
HK$1,121,395

Office size measurement icon

Size

5m2 - 180m2

Office spaces for rent in Kennedy Town

Overview

Kennedy Town is the up-and-coming hotspot for young professionals where a great lunch or cold beer is never far away – the waterside neighbourhood is humming with energy and full of restaurants, gastropubs, cafes and breweries. Kennedy Town is still evolving from a former rural focus, granting workers here a more relaxed lifestyle than in other commercial areas – it’s the perfect neighbourhood to find coworking spaces and relaxed serviced offices that power up creativity, inspiration and innovation. The biggest landmark in Kennedy Town is the Hong Kong Wishing Tree, while day-to-day practicalities include the Hong Kong Plaza Shopping Mall, Kennedy Town Swimming Pool, The University of Hong Kong and HKU Station. Just 10 minutes on the Island Line to Central, this blossoming tech hub is easy to reach from anywhere in Hong Kong.

What's Nearby (Walking)

Trains

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No data is currently available.

Buses

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Rock Hill Street1 min
Kennedy Town Station4 mins

Airports

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Hong Kong H K Heliport (HHP)18.5 km
Hong Kong Intl (HKG)37.9 km

Bars

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Clay Oven Indian Restaurant Hong Kong2 mins
FUGAZI Asian Gastrogrill2 mins

Cafes

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Starbucks1 min
Blueplace Cafe1 min

Taxis

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Taxi Stand4 mins

Gyms

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Physical Fitness 舒適堡1 min
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