As a stimulating region for budding tech, investment, and financial firms, there are different business space options for young companies in Hong Kong. From a wide scope, there are two main types of offices: conventional offices and flexible workspace like serviced offices and co-working spaces.
Traditional offices are empty spaces leased out per square metre. These office rentals usually require long-term commitment of two years at minimum. They also cost more at the outset, requiring design, renovation, outfitting, and furnishing. There’s typically more of a focus on individual cubicles and dedicated desks rather than an open layout.
Serviced offices are typically more cost-effective than conventional offices. Rental cost is calculated per work desk, and business services like printing, copying, Wi-Fi and IT infrastructure are included. This combined with their inherent flexibility (you can move in and out quickly because they are business-ready; lease periods are allowed to be much shorter at months, weeks, or even days if required) means they make much more sense for start-up companies.
Compass Offices also offers shared offices and co-working space in Hong Kong if you’re in need of a short-term solution. When you grow, our suite of options creates a seamless transition from shared workspace to a scalable private office.