Coworking started gaining popularity in Hong Kong approximately in 2010s, and the demand for these workspaces grew as more PEs, startups, and other businesses thought about getting some alternatives to traditional office leases. Coworking space options in Kwun Tong were some of the first offices to appear on the territory of Hong Kong. This vibrant district has become a popular choice among tenants due to its strategic location, a dynamic business community, and contemporary infrastructure. The investors and workspace provides have recognised a great potential of the area, and flew here to change its office landscape in order to make it more appealing to tenants’ needs. Over the years, the number of coworking spaces in Kwun Tong has increased, reflecting the growth and popularity of the concept. The demand constantly increases since the beginning of 2022, so the potential renters may expect the emergence of new shared office premises in the nearest future. Kwun Tong’s coworking premises cater to a vast audience of clients. Yet, the majority of renters who book shared office facilities come from the creative media design industry. Software IT companies and manufacturers consider this location as a favourable one since the high-tech infrastructure and office tools usually correspond to their standards. The price per sq. ft. in this neighbourhood is one of the lowest in HK. Couple this perk with the region’s excellent accessibility, its infrastructure, including contemporary commercial real estate, and its diversity of recreational areas, and you will have a perfect place to combine work and personal life. Moreover, it is possible to rent coworking space in Kwun Tong on flexible terms. You won’t need to pay per square footage, it will be enough to choose the type of workstation, and pay for it on a monthly basis.
