{
  "url": "https://classa.info/cities/hong-kong/leasing-conventions",
  "title": "Hong Kong office lease norms",
  "description": "Lease structure, term length, concessions, and the unwritten rules of leasing Class A office in Hong Kong.",
  "oneSentenceAnswer": "Hong Kong leases are typically 3 years (with renewal option) or 6 years on the trophy tier.",
  "tldr": [
    "Typical lease length: 3 years.",
    "Typical rent-free: 8 months.",
    "Vacancy: 12.8%; trend softening.",
    "Hong Kong leases are typically 3 years (with renewal option) or 6 years on the trophy tier."
  ],
  "keyFacts": {
    "city": "Hong Kong",
    "country": "Hong Kong SAR",
    "region": "APAC",
    "classARentLocal": "HK$80/sqft/mo · ≈ $123 PSF/yr USD",
    "classARentUsd": "$123/sqft/yr",
    "vacancy": "12.8%",
    "typicalLeaseYears": 3,
    "typicalRentFreeMonths": 8,
    "submarkets": 5,
    "primeYieldPct": "3.4%"
  },
  "faqs": [
    {
      "question": "What's a typical lease term in Hong Kong?",
      "answer": "3 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants."
    },
    {
      "question": "How is rent quoted in Hong Kong?",
      "answer": "In HKD/sqft/year. We also publish a USD-normalised view ($123/sqft/yr) for cross-market comparison."
    }
  ],
  "pageType": "city-topic",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/hong-kong/leasing-conventions), updated 2026-04-15T00:00:00.000Z."
}