--- title: "Hong Kong vs Taipei: Class A office comparison" description: "Side-by-side Class A office comparison for Hong Kong and Taipei — rent, vacancy, talent, tax, lease norms, transit, and top submarkets." canonical: https://classa.info/compare/hong-kong-vs-taipei pageType: comparison lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Hong Kong ($123/sqft, 12.8% vacancy) and Taipei ($47/sqft, 4.2% vacancy) compete on different axes: Hong Kong on talent depth and Taipei on rent and tax. ## TL;DR - Class A rent: Hong Kong $123/sqft vs Taipei $47/sqft. - Vacancy: Hong Kong 12.8% vs Taipei 4.2%. - Talent index: Hong Kong 88 vs Taipei 86. - Corporate tax: Hong Kong 16.5% vs Taipei 20%. - Premium flex/seat/month: Hong Kong $1,320 vs Taipei $580. # Hong Kong vs Taipei: Class A office comparison **Hong Kong ($123/sqft, 12.8% vacancy) and Taipei ($47/sqft, 4.2% vacancy) compete on different axes: Hong Kong on talent depth and Taipei on rent and tax.** ## TL;DR - [Class A](/glossary/class-a) rent: Hong Kong $123/sqft vs Taipei $47/sqft. - Vacancy: Hong Kong 12.8% vs Taipei 4.2%. - Talent index: Hong Kong 88 vs Taipei 86. - Corporate tax: Hong Kong 16.5% vs Taipei 20%. - [Premium flex](/topics/lease-vs-flex)/seat/month: Hong Kong $1,320 vs Taipei $580. ## Market data side-by-side | Metric | Hong Kong | Taipei| | Region | APAC | APAC| | Country | Hong Kong SAR | Taiwan| | Class A rent (USD/sqft/yr) | $123 | $47| | Class A rent (local) | 80 HKD | 4500 TWD| | Vacancy | 12.8% | 4.2%| | Trend | softening | rising| | Prime yield | 3.4% | 3.4%| | Premium flex / seat / month (USD) | $1,320 | $580| | Submarkets covered | 5 | 5| | Corporate tax | 16.5% | 20%| ## Lease norms | Metric | Hong Kong | Taipei| | Typical term | 3 yrs | 5 yrs| | Typical rent-free | 8 mos | 3 mos| | Lease norms | Hong Kong leases are typically 3 years (with renewal option) or 6 years on the trophy tier. Rent-free of 6-12 months on a 3-year term is current market. Rent is gross with management fees billed separately. Stamp duty is payable on lease execution. Bank guarantees of 3 months are standard. | Net leases. 3-5 year terms standard with renewal options. Free rent of 2-4 months and TI of TWD 800-1,500/ping typical on a 5-year deal.| | Tax note | Profits tax at 16.5% (8.25% on the first HKD 2 million for qualifying entities). No VAT, no capital gains tax, no withholding tax on dividends. | 20% Taiwan corporate income tax. Profit-seeking enterprise income tax structure with R&D credits and tax incentives for qualifying high-tech investment.| ## Talent | Metric | Hong Kong | Taipei| | Talent index (0–100) | 88 | 86| | Talent note | Premium financial-services talent depth, particularly for cross-border China-mainland mandates. Average all-in compensation indexes 88 vs. New York's 100. | Deepest semiconductor and electronics talent in Asia. Strong feed from National Taiwan University, NTHU, and the broader Taiwan university system. Mandarin and Taiwanese operating environment with strong English in tech.| ## Transit & commute **Hong Kong:** MTR coverage across the entire Class A footprint. Airport Express to Chek Lap Kok in 24 minutes from Central. The Hong Kong-Zhuhai-Macau Bridge and Express Rail to Shenzhen and Guangzhou support cross-border occupier strategies. **Taipei:** Taipei Metro (Brown, Red, Green, Orange, Blue Lines + circular). Taoyuan Airport MRT to TPE airport. Taipei is highly walkable and Metro-served. ## Top submarkets — Hong Kong - [**Central**](/cities/hong-kong/central) — trophy tier · HK$130/sqft/mo · ≈ $200 PSF/yr USD - [**Admiralty**](/cities/hong-kong/admiralty) — prime tier · HK$110/sqft/mo · ≈ $169 PSF/yr USD - [**West Kowloon**](/cities/hong-kong/west-kowloon) — prime tier · HK$95/sqft/mo · ≈ $146 PSF/yr USD ## Top submarkets — Taipei - [**Xinyi Planning District**](/cities/taipei/xinyi-planning-district) — trophy tier · NT$5,000/ping/mo · ≈ $52.3 PSF/yr USD - [**Zhongshan / North Taipei**](/cities/taipei/zhongshan-cbd) — prime tier · NT$4,400/ping/mo · ≈ $46 PSF/yr USD - [**Songshan**](/cities/taipei/songshan) — prime tier · NT$4,200/ping/mo · ≈ $43.9 PSF/yr USD ## Decision criteria ### Pick by cost Taipei is the cheaper Class A market on a USD basis. ### Pick by talent depth Hong Kong has the deeper talent index (88/100 vs 86/100). ### Pick by tax Hong Kong has the lower headline corporate tax (16.5% vs 20%). Local incentives can change the effective rate materially. ### Pick by lease optionality Hong Kong typical term is 3 years with 8 months free; Taipei runs 5 years with 3 months free. ### Pick by transit Hong Kong: MTR coverage across the entire Class A footprint. Airport Express to Chek Lap Kok in 24 minutes from Central. The Hong Kong-Zhuhai-Macau Bridge and Express Rail to Shenzhen and Guangzhou support cross-border occupier strategies. Taipei: Taipei Metro (Brown, Red, Green, Orange, Blue Lines + circular). Taoyuan Airport MRT to TPE airport. Taipei is highly walkable and Metro-served. ## Run a 4-city comparison Score Hong Kong, Taipei and up to two more markets side-by-side on Class A rent, vacancy, talent, corporate tax, and premium flex pricing — all in USD. [**Run a 4-city comparison →**](/tools/city-comparator) ## Frequently asked questions ****Is Class A office cheaper in Hong Kong or Taipei?**** : Taipei is cheaper on a USD basis: $47/sqft vs $123/sqft. ****Which has better talent depth, Hong Kong or Taipei?**** : Hong Kong indexes higher on talent depth (88 vs 86). ****Which has more sublease availability, Hong Kong or Taipei?**** : Hong Kong carries higher vacancy (12.8% vs 4.2%) and therefore typically more [sublease](/glossary/sublease) overhang. ****What lease term should I expect in Hong Kong vs Taipei?**** : Hong Kong typical term is 3 years with 8 months rent-free; Taipei typical term is 5 years with 3 months rent-free. ****How does transit and commuter access compare?**** : Hong Kong: MTR coverage across the entire Class A footprint. Airport Express to Chek Lap Kok in 24 minutes from Central. The Hong Kong-Zhuhai-Macau Bridge and Express Rail to Shenzhen and Guangzhou support cross-border occupier strategies. Taipei: Taipei Metro (Brown, Red, Green, Orange, Blue Lines + circular). Taoyuan Airport MRT to TPE airport. Taipei is highly walkable and Metro-served. ## Editorial provenance Reviewed by [**Kenji Watanabe**](/about/authors/kenji-watanabe) — APAC contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards). ### Primary sources for this page - [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE - [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL - [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield - [Savills World Research](https://www.savills.com/research_articles/) — Savills - [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers [Full sources index](/about/sources) · [Submit a correction](/about/corrections) --- Citation: Source: Class A Atlas (https://classa.info/compare/hong-kong-vs-taipei), updated 2026-04-15T00:00:00.000Z.