Focus on the office leasing market in Hong Kong today! Thanks to the collaboration with JLL – Jones Lang LaSalle Hong Kong, Prestige MLS has some answers to the most common questions about the topic. Enjoy!
There are numerous factors and influences that determine where and what type of commercial office space you choose to rent. This decision is one that will have a monumental impact on the successfulness of your company, and thus your options must be evaluated meticulously.
Hong Kong is an exceedingly popular place for global companies across an abundance of industries. There are many reasons why this is the case. Not only is it one of the world’s freest economies, but also taxation is low and it has a strategic position with effective access to Mainland China.
Hong Kong is an exceedingly popular place for global companies across an abundance of industries. There are many reasons why this is the case.
If you are considering leasing an office in Hong Kong you will have many different aspects to take into account. Firstly, you need to determine what district of Hong Kong to rent an office in. This largely depends on your target consumer base; nonetheless additional factors play a role, such as pricing.
Expert advice is extremely helpful when choosing office space. Seek the aid of a business with extensive expertise in Hong Kong, such as Jones Lang LaSalle Property. From Tsim Sha Tsui, to Causeway Bay, to Central – they will assist you to select a location that best accommodates your company’s objectives.
The layout of the office space is also significant, as this will have a considerable impact on the productiveness of your day-to-day business operations. Study the office layout in relation to the culture of your company. Many people do not realize it, but merely the way in which the desks are positioned can play an imperative role.
Hong Kong Skyscraper
In addition to the points that have been mentioned, rental prices are another vital consideration. Every facet of business expenditure needs to be contemplated assiduously, and office rental rates are certainly a substantial cost to take into account.
You do not merely need to determine a budget, but you must also assess the terms of the lease diligently. It is advisable to opt for fixed rates. By doing this you will know precisely what you are paying each month and thus it will be easier to budget effectively.
Additionally, you should evaluate what is included within the fee you pay. Is it merely the rental cost for the building? Or does the rate incorporate property taxes, insurance, maintenance and such like? You may locate a cheap office building, but if none of these perquisites are included it can soon become very expensive.
Is the office space scalable? This is another critical factor that should influence your decision. Do not merely consider your office requirements for the present time, but you also must look ahead to the future. It is the aim of all companies to expand and increase their presence. You must guarantee that your office space gives you the platform to do so.
Convenience is the final pivotal consideration. Is there enough parking at the office site? Moreover, is the office situated in close proximity to public transport? If you fail to consider such aspects from the offset your employees will face a daily struggle when coming to work.
If you take into account all of the points that have been mentioned in this article, you should find leasing an office in Hong Kong considerably easier and more straightforward.
