Let’s delve into the top things to consider when looking for an office space in Hong Kong…
In the market for a new office space in Hong Kong? With a wide range of options available, including traditional office spaces, serviced offices, co-working spaces and private workspaces, your list of options is endless. So how on earth do you go about choosing one? From location to facilities and flexibility, here’s everything you need to consider.
When it comes to finding an office space in Hong Kong, a big part of your decision should be based on location, location, location. In a fast-paced city like ours, convenience is key.
First, consider your commute times, as well as where you’ll be meeting with clients. While Hong Kong is well-known for its fantastic public transportation system, if you can save yourself from a half-hour journey into work, that’s a collective hour of your day that you’ll be winning back.
Next, think about what your location will say about your business. Ideally, you want to be placed at the centre of the action so you can have a finger on the pulse of the industry you work in. This will change depending on the nature of your company; for instance, more industrial trades may be better suited to areas like Kwai Chung or Kwun Tong, whereas more financially focused organisations may benefit from being closer to the offices of their clients in Central Business Districts. Just remember that the more prestigious addresses, including grade A listed buildings, will tend to have inflexible and longer lease terms. In this case, it is generally more cost-effective to choose a flexible workspace solution (like a serviced office or co-working space), where you can enjoy the benefits of the address without the long term commitment and upfront investment. As a bonus, flexible workspaces tend to give you access to multiple locations, further enhancing your access to convenience.
Services And Facilities
Beyond location, one of the first things you should check is whether the office space in question has all of the services and facilities you need to run your business. At a very basic level, this will involve a reliable internet connection, printer and fax machine, telephone services, and meeting and conference facilities. It’s worth bearing in mind that if you opt for a traditional office setup, you will need to take care of these details by yourself. On the other hand, if you choose a flexible workspace, this will all be provided for you. What’s more, flexible workspaces bring additional benefits, including opportunities for networking and collaboration, as well as dedicated staff who can handle day-to-day administrative tasks like taking calls, mail, and even greeting your visitors and clients.
If we’ve learned anything from 2020, it’s that the future is unpredictable. So ideally, you want to be able to sign on to a place that you are able to afford now, with the option to scale up or down as needed. This is where flexibility comes in. Forget long-term traditional leases which will rope you into a 36 month (or more!) contract. Instead, shorter-term options, like those offered by flexible workspaces, are much more preferable. This way, you’ll be able to move into different spaces depending on the growth of your business. Flexible workspaces also give you the ability to utilise amenities such as meeting rooms and event spaces as and when the necessity arises. This is particularly valuable if meetings and events aren’t a significant part of your day-to-day schedule.
The Executive Centre
With all of this in mind, you may think it impossible to find an office space in Hong Kong that ticks all these boxes. Enter The Executive Centre (TEC), which has been providing all these services and more to thousands of professionals across the globe for over 25 years.
With more than 135 centres spread throughout 32 cities in 14 countries, including 10+ in Hong Kong, TEC has grown to be Asia’s largest premium flexible workspace provider. It caters to ambitious professionals and industry leaders, giving them the space and tools to grow their business and build a global network.
The Executive Centre continues to expand, with a new Centre opening this August in Taikoo Place PCCW Tower. And with several years already under its belt, you can rest assured that your business will be in good hands.
Sassy Perk: Sassy readers can enjoy 30% off on all co-working plans and virtual office plans in Hong Kong. Simply enter the promo code TECSASSY30 at the checkout. Offer valid until Thursday, 31 December, 2020.
Brought to you in partnership with The Executive Centre.
All images courtesy of The Executive Centre.