Tsim Sha Tsui
Tsim Sha Tsui: A prime location for retail brands to establish their headquarters
TST is a top office location for retailers, traders, merchandisers, and hoteliers.
Easy access to the airport, seaport, and other key business and retail districts.
Average office rents rose 2.6% over two years to HK$50 per sq ft in 2015.
Traditionally, office leasing in Tsim Sha Tsui has centered on the tertiary sectors, and this is reflected in the rental market. The retail, tourism and trading sectors dominate the district.
Tsim Sha Tsui is one of Hong Kong’s prime shopping areas, second only to Causeway Bay, which explains why many retail brands base their headquarters in the area. A range of hotels to suit every budget draw in crowds of tourists.
Canton Road is the premier destination for companies seeking offices in TST. Top options include The Gateway Prudential Tower, which boasts the largest office portfolio in Kowloon; the adjacent Gateway Sun Lift Tower; and the nearby Gateway Tower 2, all of which sit above Hong Kong’s largest continuous mall.
Retail businesses are expected to continue to drive demand for office leasing in Tsim Sha Tsui, largely because of the district’s excellent transport connections to the airport, seaports and other key business and retail districts across Hong Kong.
In addition to retail brands and hotels, Tsim Sha Tsui also attracts trading companies and merchandising businesses, among others.