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Sheung Wan for lease - image 2
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Sheung Wan

HONG KONG

Private Spaces

207 available

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Coworking Spaces

14 available

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Virtual Offices

7 available

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We have 221 offices available to rent in Sheung Wan as at 21 April 2021. These offices are suitable for 1 to 88 people. The average desk price is HK$44,500 per month.

Map

Sheung Wan, Hong Kong

Office Hub Co-Stats - live listing data

Average price per desk for coworking in Sheung Wan based on 14 listingsHK$6,468/ weekAverage office price data last updated Tue Apr 20 2021
HK$926 / day
HK$6,468/ week
HK$28,112 / month

Properties Summary

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

10%

10%

Growth Flexible Locations

141.3%

141.3%

Demand For Flexible Workspace

75 sqm

75 sqm

Average Sublet/Shared Floorspace Size

2564 sqm

2564 sqm

Average Serviced/Coworking Floorspace Size

42 Locations

42 Locations

Flexible Workspace Locations

2%

2%

of all Listings are Shared Spaces

Workspace Type

69% of the workspaces showing available listings in and around Sheung Wan were Serviced Office (Classic), followed by Serviced Office (Creative) with 21.4%.

Workspace Quality

Taking into account the building quality, workspace fitout and services provided by each provider, the overall ranking for workspaces in and around Sheung Wan confirms that 25.6% are rated Excellent.

Building Grade

After comparing the building services and quality of the foyer and common areas we can confirm that 79% of all flex buildings in and around Sheung Wan are categorised as A Grade Buildings.

Listings Summary

Based on the actual available listings within a 2km radius of Sheung Wan, 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.

90.2%

90.2%

of available listings are private offices

6 out of 10

6 out of 10

listings have natural daylight

2637 desks

2637 desks

are currently available to rent

7%

7%

annual growth in flexible space listings

3.6 sqm

3.6 sqm

is the average size per person/desk

[object Object]

HK$7,453

is the average monthly price per desk

13.6%

13.6%

is the average discount on available listings

51.5%

51.5%

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 Sheung Wan, 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.


3.5 people

3.5 people

No of Desired Desks (average)

[object Object]

HK$19,217

Rental Budget Per Month (average)

[object Object]

HK$5,287

Monthly Budget Per Desk (average)

13.2 months

13.2 months

Desired Rental Term (average)

22 sqm

22 sqm

Preferred Space Size (average)

35 days

35 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


13.7 days

13.7 days

Actual Days from Enquiry to Signed Deal

16.8 days

16.8 days

Actual Days from Signed Deal to Move In

6.5 months

6.5 months

Actual Average Agreement Term

11.8%

11.8%

From Enquiry to Signed Deal

1.2 people

1.2 people

Actual Average Team Size

[object Object]

HK$7,295

Actual Average Monthly Desk Rate

[object Object]

HK$64,553

Actual Average Contract Value

7%

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

Offices available count icon

Offices

221

Office capacity icon

Capacity

1 - 88 people

Office price range icon

Price Range (Month)

HK$3,558 to
HK$3,686,592

Office size measurement icon

Size

3m2 - 300m2

Office spaces for rent in Sheung Wan

Overview

Sheung Wan is Hong Kong’s undisputed hipster hub and coffee capital, renowned for a more relaxed pace of life than in neighbouring Central. With the sights, sounds and tastes of many influencing cultures, Sheung Wan is the place to be, especially if you’re new to HK or looking to rediscover a balanced yet busy lifestyle. The Macau Ferry Terminal and Western Harbour Crossing are close by and Central is just one stop away, making Sheung Wan the ideal location for ambitious businesses with down-to-earth team members. With lively bars and pubs to keep you entertained by night, Sheung Wan is popular with both locals and expats. Our top picks? Find great coffee at Barista Jam, exotic cocktails at Yardbird, local food at Mean Noodles and everything under the sun at the eclectic Western Market.

What's Nearby (Walking)

Trains

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No data is currently available.

Buses

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Shun Tak Centre7 mins
C & W District St.anthony's School9 mins

Airports

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Hong Kong H K Heliport (HHP)17.2 km
Hong Kong Intl (HKG)37.2 km

Bars

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Dai Bing3 mins
La Cantoche4 mins

Cafes

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Pacific Coffee2 mins
Detour1 min

Taxis

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過海的士站17 mins

Gyms

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F45 Training Sheung Wan1 min

Let us do the hard work in finding your dream workspace.