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.
Key highlights:
- 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
To rediscover Kowloon West and how you can maximise your real estate needs, download the report or contact our experts Thomas Chak, Chris Hui or Hannah Jeong.