Question 1

How much does it cost to rent an office in North Point?

Accepted Answer

Office rents in North Point are about HK$25–50/sq.ft/month (Q3 2026), with a median of around HK$30/sq.ft. A 1,000 sq.ft (gross) unit starts from roughly HK$25,000/month; Grade A or high-floor units command a premium above the median.

Question 2

What is the monthly rent for a 1,000 sq.ft office in North Point?

Accepted Answer

At North Point's median rent of HK$30/sq.ft, a 1,000 sq.ft (gross) office costs about HK$30,000/month. Adding management fees and rates, total occupancy cost is typically 10–20% higher. Smaller or older units can be as low as around HK$25,000.

Question 3

How is office rent in North Point typically calculated — net floor area or gross floor area?

Accepted Answer

Office rents in North Point are generally quoted on a Gross Floor Area (GFA) basis, with efficiency ratios typically ranging from 70–80% (Grade A buildings commonly achieve 75% or above). The headline rate is expressed as $/sq.ft/month on GFA. When viewing premises, always confirm the net (usable) area to ensure a like-for-like comparison. Our team will provide the efficiency ratio for each unit during viewings to help you compare accurately.

Question 4

Besides rent, what other hidden costs should I budget for in a lease?

Accepted Answer

There are four main items to account for: (1) Management fee — typically HK$5–12/sq.ft/month (higher for Grade A buildings); (2) Government rent and rates — usually shared between landlord and tenant depending on lease terms; (3) Government rates at approximately 5% of rateable value; (4) Air-conditioning, cleaning and security charges if levied collectively. We recommend estimating your total occupancy cost (rent + management fee + rates) to avoid underestimating your budget.

Question 5

Do landlords typically offer a fit-out period or rent-free period?

Accepted Answer

Yes, rent-free periods are standard practice. Typical terms are: 1–2 months rent-free on a 2–3 year lease; 2–3 months on a longer lease of 5 years or more. Fit-out costs generally range from HK$200–500/sq.ft, and can reach HK$800/sq.ft for Grade A premises. Our team will negotiate the rent-free period and a fitting-out allowance on your behalf.

Question 6

What is the minimum lease term in North Point? Are short-term options available?

Accepted Answer

Conventional buildings typically require a minimum of 2 years (some landlords accept 1 year at a rent premium of 5–10%). If you require a shorter or more flexible arrangement, coworking spaces and serviced offices offer month-to-month tenancies, with private offices available from approximately HK$8,500/month.

Question 7

How much is the security deposit, and what are the early-termination provisions?

Accepted Answer

Security deposits are typically equivalent to 2–3 months' rent. Early-termination clauses generally fall into two categories: (1) Break clause — usually allowing termination with 3 months' notice after the first 2 years of a lease; (2) Forfeiture — partial or full deduction of the deposit. Our team will review all lease terms before signing and flag any unreasonable penalty provisions.

Question 8

How long does the process of finding an office in North Point typically take?

Accepted Answer

The typical timeline is 1–3 weeks: (1) Day 1 — submit your requirements via WhatsApp and receive 5 matched options within 30 minutes; (2) Days 1–3 — viewings arranged (typically 3–5 units per session); (3) Within 1 week of selecting a preferred unit — negotiate lease terms; (4) Sign the tenancy agreement, pay the deposit and move in within 1–2 weeks. Urgent cases can be expedited to as few as 5 working days.

North Point

District Overview

North Point Landmark Buildings

North Point Latest Office Listings

North Point Coworking Spaces

North Point vs nearby areas

Not finding the right fit? We'll hand-match for you.

North Point Office Leasing FAQ