Hong Kong’s current premium on land is reflected in its warehouse and logistics facility rental prices. Average rent in early 2011 was approximately HKD 50.2 (RMB 53) per square meter, per month for warehouse facilities, and between HKD 72 and HKD 100 (RMB 64-88) per square meter, per month for manufacturing and logistics facilities. The extremely low vacancy rate among industrial facilities in Hong Kong (only 4.2 percent as of mid 2010) has further contributed to the high rental prices. Hong Kong’s water for industrial use generally costs HKD 6 per cubic meter. Hong Kong’s electricity in early 2011 was HKD 0.76 per kwH. More information can be found by contacting the Hong Kong Water Supplies Department and HK Electric Holdings.
Please click here for a list of Industrial Parks in Hong Kong that are specially developed for foreign investments and often times offer special incentives and/or programs for foreign companies.
A Note on Industrial Parks: Most new and developing industrial parks in China conduct real estate deals in-house instead of using third-party brokerage services.
|CBRE||Global real estate services firm with offices throughout China|
|Jones Lang LaSalle||Financial and professional services firm specializing in global real estate service|
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