Monday Mornings

Central, Hong Kong is the most expensive office district in the world.

Central, Hong Kong
Photo: DR
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Who knew that one of the most photographed buildings in Hong Kong would actually mean some serious business? We are talking about Central, which happens to be the most expensive office district in the world, leaving London behind. With major banks like Citibank, Standard Chartered and HSBC, Central seeks a rent of $269 per square feet per year on an average, seeing a rise of 5.5 per cent each year. The companies are going too far to avoid sitting jobs so that they can occupy lesser space, saving whatever they could on rent. So, the next time you are in Hong Kong, do not miss passing by this business wonder. And while you are at it, take a look at the world’s third most expensive space; West Kowloon that holds a rent of $164 per square feet per year.

What: Central, Hong Kong, world’s most expensive office district

L’Officiel India DigitalRead L’Officiel India in the digital libraryEvery issue and every cover story, on TCG Media.Read now

Worth: $269 per square feet per year

Maybe Monday blues look like this in three-dimension.

From the January 2018 issue of L’Officiel India.

Sureena Dalal

Writing for L’Officiel India.

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