Property News · April 25, 2018

Flood of Chinese tech firms will push up office rents in Hong Kong’s TST, say analysts


Office rents in Hong Kong’s Tsim Sha Tsui district are set to jump this year, say analysts, as a plentiful supply of space and vastly improved transport links make it the top choice of mainland Chinese technology firms.
A dearth of office space in the city’s main business district, Central, is making Tsim Sha Tsui more attractive, and 2018 could see a wave of new-economy companies from the mainland set up shop there.
We expect office rents in TST will jump 6 per cent this year…

Source : South China Morning Post
Read more…Flood of Chinese tech firms will push up office rents in Hong Kong’s TST, say analysts