Total occupancy cost for Grade A office space in Hong Kong: $125.29 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Hong Kong Office Cost Breakdown (USD/sqft/yr)
Rent: $65.25/sqft/yr
Service Charge: $14.17/sqft/yr
Property Tax / Business Rates: $0.0/sqft/yr
Fit-Out (amortised over lease): $28.07/sqft/yr
Facilities Management: $4.46/sqft/yr
Utilities: $4.91/sqft/yr
Reinstatement / Dilapidations: $8.0/sqft/yr
Total Occupancy Cost: $125.29/sqft/yr
Hong Kong Serviced Office Costs
Serviced and flexible office space in Hong Kong costs between $645.0 and $1151.0 per person per month, with a mid-market rate of $999.0 per person per month.
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