A new way forward for occupiers and investors
There is an expected shift in Hong Kong’s development from the east to the west over the next two decades. Driven by a need to integrate with the Greater Bay Area, an emergence of office clusters in Kowloon West will see the area become an alternative flight-to-quality location, supported by relatively low rents when compared to CBD and the new supply of high-quality buildings.
Rediscovering Kowloon West outlines the upcoming development areas and infrastructure projects on the western side of Hong Kong and identifies related opportunities for occupiers and investors.
- 29% of 2022-26 Grade A office supply will be in Kowloon West
- 9 million sq. ft. of total grade A office stock will be in Kowloon West by 2026
- 100% Grade A office rental growth in Kowloon West since Q2 2009
- 11% of Hong Kong’s Grade A office stock will be in Kowloon West by 2026