Kowloon East is a established-tier Hong Kong submarket with average asking rent around HK$42/sqft/mo · ≈ $64.5 PSF/yr USD.

  • Average asking rent: HK$42/sqft/mo · ≈ $64.5 PSF/yr USD.
  • Tier: established.
  • Citywide Class A rent context: HK$80/sqft/mo · ≈ $123 PSF/yr USD ($123 USD).
  • Citywide vacancy: 12.8% — submarket-level availability is typically tighter at established tier.

Kowloon East, Hong Kong office rents and availability

Kowloon East is a established-tier Hong Kong submarket with average asking rent around HK$42/sqft/mo · ≈ $64.5 PSF/yr USD.

TL;DR

  • Average asking rent: HK$42/sqft/mo · ≈ $64.5 PSF/yr USD.
  • Tier: established.
  • Citywide Class A rent context: HK$80/sqft/mo · ≈ $123 PSF/yr USD ($123 USD).
  • Citywide vacancy: 12.8% — submarket-level availability is typically tighter at established tier.

Where rent sits

Kowloon East averages around HK$42/sqft/mo · ≈ $64.5 PSF/yr USD for Class A, against a citywide Class A index of 80. As an established / value submarket, rent runs at or below city average with deeper availability.

Availability dynamics

Decentralized Grade A at scale. Insurance back-office, technology, government-linked corporates, regional HQs of cost-sensitive multinationals.

Key facts

cityHong Kong
submarketKowloon East
tierestablished
averageRentLocalHK$42/sqft/mo · ≈ $64.5 PSF/yr USD
cityClassARentUsd$123/sqft/yr
cityVacancyPct12.8%

Frequently asked questions

What is the average Class A rent in Kowloon East, Hong Kong?
Around HK$42/sqft/mo · ≈ $64.5 PSF/yr USD. The citywide Class A index sits at HK$80/sqft/mo · ≈ $123 PSF/yr USD.

Related

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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