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Quarry Bay

HONG KONG

Private Spaces

51 available

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Coworking Spaces

3 available

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Virtual Offices

3 available

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We have 54 offices available to rent in Quarry Bay as at 13 April 2021. These offices are suitable for 1 to 130 people. The average desk price is HK$33,191 per month.

Map

Quarry Bay, Hong Kong

Office Hub Co-Stats - live listing data

Average price per desk for coworking in Quarry Bay based on 3 listingsHK$8,123/ weekAverage office price data last updated Tue Apr 13 2021
HK$1,157 / day
HK$8,123/ week
HK$35,304 / month

Properties Summary

This report compares the annual growth of coworking, serviced and shared workspaces within a radius of 2km in and around Quarry Bay. The live results reflect the actual data as submitted by our workspace partners on their individual spaces and availability as at 31 March 2021.

11.1%

11.1%

Growth Flexible Locations

350%

350%

Demand For Flexible Workspace

0 sqm

No data available

Average Sublet/Shared Floorspace Size

325 sqm

325 sqm

Average Serviced/Coworking Floorspace Size

7 Locations

7 Locations

Flexible Workspace Locations

0%

No data available

of all Listings are Shared Spaces

Workspace Type

57.1% of the workspaces showing available listings in and around Quarry Bay were Serviced Office (Classic), followed by Serviced Office (Creative) with 42.9%.

Workspace Quality

Taking into account the building quality, workspace fitout and services provided by each provider, the overall ranking for workspaces in and around Quarry Bay confirms that 28.6% are rated Excellent.

Building Grade

After comparing the building services and quality of the foyer and common areas we can confirm that 100% of all flex buildings in and around Quarry Bay are categorised as A Grade Buildings.

Listings Summary

Based on the actual available listings within a 2km radius of Quarry Bay, 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 31 March 2021.

84.6%

84.6%

of available listings are private offices

7 out of 10

7 out of 10

listings have natural daylight

902 desks

902 desks

are currently available to rent

5.6%

5.6%

annual growth in flexible space listings

3.7 sqm

3.7 sqm

is the average size per person/desk

[object Object]

HK$5,329

is the average monthly price per desk

12.5%

12.5%

is the average discount on available listings

44.6%

44.6%

of all listings have a discount applied

Average Desk Price - Space Type

In March 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 31 March 2021.

Building - Features and Facilities

In and around Quarry Bay, 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.


4.9 people

4.9 people

No of Desired Desks (average)

[object Object]

HK$20,650

Rental Budget Per Month (average)

[object Object]

HK$4,225

Monthly Budget Per Desk (average)

12.3 months

12.3 months

Desired Rental Term (average)

19.9 sqm

19.9 sqm

Preferred Space Size (average)

100.7 days

100.7 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


11.3 days

11.3 days

Actual Days from Enquiry to Signed Deal

2.3 days

2.3 days

Actual Days from Signed Deal to Move In

5.7 months

5.7 months

Actual Average Agreement Term

27.3%

27.3%

From Enquiry to Signed Deal

1 people

1 people

Actual Average Team Size

[object Object]

HK$4,002

Actual Average Monthly Desk Rate

[object Object]

HK$181,115

Actual Average Contract Value

2.7%

2.7%

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

office-image

Offices

54

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Capacity

1 - 130 people

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Price Range (Month)

HK$4,796 to
HK$5,332,027

size-image

Size

5m2 - 306m2

Office spaces for rent in Quarry Bay

Overview

Quarry Bay is one of Hong Kong’s most coveted business districts and it's located at the eastern end of Hong Kong Island. The hugely desirable residential and business neighbourhood offers a range of shopping, restaurants, markets and an energetic commercial scene as it's redeveloped with a focus on the Arts – this vibrant precinct is ideally suited to innovators, artists and creators. The location particularly suits startups, creative businesses and overseas companies looking to set up in Hong Kong – feel the beat of the city without being struck down! Our recommendations? The Monster Building is one of Hong Kong’s most instagrammable spots and The Mount Parker Night Hike offers stunning panoramic views of Hong Kong’s iconic nightscape.

What's Nearby (Walking)

Trains

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No data is currently available.

Buses

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Mansion Street; King's Road11 mins
MTR Tai Koo Station1 min

Airports

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Hong Kong H K Heliport (HHP)10.5 km
Hong Kong Intl (HKG)44.7 km

Bars

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Sugar3 mins
Peking Garden11 mins

Cafes

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Gowld Art Centre1 min
Wah Ha7 mins

Taxis

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No data is currently available.

Gyms

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RCT Hong Kong1 min

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