Sheung Wan District Offices Hong Kong

9 Jun

Written By SAVVI

Sheung Wan, Hong Kong: A Boutique Business Hub with Heritage and Edge

Once a historic port district, Sheung Wan has transformed into one of Hong Kong’s most distinctive office zones — a dynamic blend of old and new, where heritage architecture meets sleek design studios, boutique financial firms, and global startups. For companies seeking a more relaxed, creative, and lifestyle-focused alternative to Central, Sheung Wan is one of the smartest areas to consider in 2025.

Popular among entrepreneurs, tech innovators, architects, and private wealth firms, Sheung Wan offers the rare balance of city-centre convenience with cultural texture, independent cafés, and a strong sense of community.

Why Consider Sheung Wan?

Sheung Wan is ideal for:

Startups and boutique consultancies
Architecture and interior design firms
Private equity and fintech firms
Media, branding, and creative agencies
Wellness and lifestyle businesses
International SMEs seeking charm and convenience

The area is particularly attractive to businesses with a strong lifestyle brand, a younger team, or those wanting a more personal, less corporate office environment than Central.

Office Types and Notable Buildings

Grade A and Boutique Commercial Buildings

Sheung Wan has a growing mix of modern commercial towers and refurbished low-rises. Notable properties include:

Infinitus Plaza – Steps from the MTR, popular with finance and law
Bonham Circus – Creative studios and design firms
The Pemberton – Boutique offices for startups and wealth management
174–186 Queen’s Road Central – Mid-tier office spaces in restored buildings
The Chelsea – Contemporary workspace with an industrial vibe

Serviced Offices & Coworking Spaces

The Hive – One of HK’s most popular coworking brands, started in Sheung Wan
Garage Society – Targeted at tech and media firms
The Executive Centre – Premium serviced offices in Infinitus Plaza
Blueprint (Swire) – Nearby in Taikoo Place, but many Sheung Wan companies network here
Spaces – Expanding presence across Sheung Wan's creative corridors

These spaces cater to hybrid workforces, shorter lease terms, and companies needing flexibility.

Office Rental Costs in Sheung Wan (2025)

Grade A Offices: HK$38–HK$60 per sq. ft (gross, monthly)
Serviced Offices: HK$4,000–HK$10,000 per workstation/month

Sheung Wan is typically 15–25% cheaper than Central, offering savings without sacrificing location or prestige — a major reason why many younger finance and legal professionals have moved their offices here.

Transport and Accessibility

Sheung Wan MTR Station – Last stop on the Island Line; direct connection to Central
Airport Express Access – Walkable to Hong Kong Station
Tram lines – Excellent coverage along Des Voeux Road
Ferry Terminal – Easy ferry access to Macau and the Greater Bay Area
Walkability – Narrow lanes and historic streets with cafes, galleries, and local boutiques

Sheung Wan is particularly attractive for international clients, with nearby hotels and easy cross-harbour access via the Western Harbour Tunnel.

Lifestyle, Hospitality, and Amenities

Sheung Wan is a lifestyle-driven district — sophisticated but low-key. This makes it especially attractive to talent and clients who appreciate charm and culture:

Dining: Michelin-starred sushi, specialty coffee, vegan cafés, and chic wine bars
Hotels: The Putman, Madera Hollywood, AKI Hong Kong, and Ovolo
Retail: Independent fashion, design shops, and homeware boutiques
Fitness & Wellness: Yoga studios, niche gyms, and holistic wellness centres
Green Breaks: Hollywood Road Park and nearby trails up to Mid-Levels

It’s an area that appeals to people who work hard and live well.

Pros and Cons of Sheung Wan for Offices

Pros

Stylish, creative atmosphere with historic charm
Excellent walkability and Central-adjacent location
More affordable than Central or Admiralty
Ideal for boutique firms and flexible teams
Strong café culture and after-work social scene

Cons

Smaller floor plates not ideal for large corporates
Limited ultra-modern towers compared to Central
Traffic congestion on narrow roads during peak hours
Can feel less formal or corporate for traditional firms

Market Trends and Developments in 2025

Historic Buildings Repurposed – More Grade B buildings undergoing luxury refurbishments
Boom in Flexible Offices – High demand for creative workspaces and hybrid options
Gentrification with Identity – Preserving the charm while modernising interiors
More Private Equity & Family Offices – Quiet growth in wealth management presence

Is Sheung Wan Right for Your Business?

Choose Sheung Wan if: