Quarry Bay

Quarry Bay & Island East: The Case for Moving East

Larger floor plates, newer buildings, and rents 30–40% below Central. We cover why more established teams are choosing Island East.

18 September 2025 · 7 min read

HK$3,800–5.6KDesk rate range
5.2%Vacancy rate
9+Active operators
6–80 paxBest team size
Quarry Bay district
CharacterModern Island East office cluster with efficient floor plates and strong value
TransportQuarry Bay and Tai Koo MTR, Island Line and Tseung Kwan O interchange
Key buildingsTaikoo Place, Dorset House, PCCW Tower, surrounding Island East stock
Best forEstablished teams prioritising efficiency, larger footprints, and better value

Why Teams Move East

Quarry Bay and the wider Island East corridor solve a problem many Hong Kong occupiers eventually face: Central no longer justifies the cost, but Kowloon feels operationally too far removed. Island East gives teams newer stock, larger floor plates, and stronger economics without leaving Hong Kong Island.

The district is especially attractive to occupiers graduating from small premium CBD suites into more operationally driven space. Technology, media, and regional corporate teams are over-indexed here for exactly that reason.

Pricing and Product Mix

Indicative Quarry Bay flexible workspace pricing

ProductTypical rangeComment
Premium flex / managedHK$5,000–5,600Modern building stock, efficient floors
Mainstream serviced officeHK$4,200–5,200Strong value vs Island CBD
CoworkingHK$2,400–3,800Good fit for small project teams

Who Chooses Island East

Corporate

Regional operating teams

Larger teams that care more about efficiency, layout, and commuting practicality than pure address prestige often find Island East the most logical Hong Kong base.

Tech

Technology and product teams

Tech companies tend to value better floor plates, cleaner modern stock, and a calmer working environment. Quarry Bay delivers all three.

Value

Cost-disciplined occupiers

For occupiers willing to give up a Central postcode, the savings here can be substantial without compromising fit-out quality or professional presentation.

What to Expect in Search

The market here is broader and often less pressured than Central or Admiralty. That typically means better choice, better landlord flexibility, and more room to negotiate. However, product quality is still not uniform — some lower-cost options sit in weaker secondary stock that should be screened out early.

Key Takeaways

  • Island East offers some of the best value on Hong Kong Island for established teams.
  • The district is strongest for occupiers who prioritise efficiency over CBD prestige.
  • Floor plates and fit-out quality are often better than equivalent-cost options in Central fringe districts.
  • Negotiation conditions are typically better here than in premium CBD locations.
  • Quarry Bay is one of the clearest upgrade paths for teams outgrowing expensive small suites in Central.
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