Hong Kong has become increasingly divided into several, distinct districts, broadly defined as Hong Kong Island, Kowloon, and the New Territories. The City’s most prominent headquarters and institutions can be found in Hong Kong Island, and increasingly, in Kowloon. The New Territories are home to more industrial operations, making room for and trying to keep up with China’s booming manufacturing sector.
The primary business districts in Hong Kong Island are:
Making up the north-west section of Hong Kong Island, Sheung Wan is a well-established area, dominated by local businesses. Within its borders lie vibrant locations such as the historic Western Market and superb access to transport via hubs like the Hong Kong-Macau Ferry terminal.
Home to buildings that climb to dizzying heights, Hong Kong Central’s skyline is a glittering display of skyscrapers, all seemingly in competition to reach the highest. With direct access to Victoria Harbour, ultra-upmarket SoHo and a world class public transport system, Central’s status as a melting pot of top global businesses is well warranted.
As Central Hong Kong grew beyond its borders, Admiralty became its eastern extension. Dominated by office and government buildings, giant shopping malls and luxurious hotels, Admiralty is home to some of Hong Kong’s most impressive architecture, including the Bank of America tower, and Admiralty Centre.
Often touted as Hong Kong’s party district, Wan Chai lies along the northern shore of Hong Kong Island. It is a densely populated area, recently overhauled by the city’s urban renewal projects. Wan Chai is occupied primarily by small to medium businesses and is home to a fast-moving tech start-up culture.
After stealing the title from New York’s Fifth Avenue in 2012, Causeway Bay is home to the world’s most expensive commercial properties. The shopping areas of Causeway Bay leave nothing to be desired, whether shoppers are seeking the most exclusive fashion items in the world, or local products of the highest quality.
The primary business districts in Kowloon are:
Tsim Sha Tsui
Occupying the southern section of Kowloon, Tsim Sha Tsui (TST) is a major tourist hub, home to many restaurants and shops that cater directly to the tourist market. As a somewhat more affordable alternative to Central, Kowloon has also attracted big business, particularly after building height restrictions were dropped.
Forming the western section of TST, Mong Kok is populated by both old and new buildings. The area serves as a restaurant, retail and entertainment hub for local residents and offers competitive property prices in relation to the area.
Kwun Tong is the eastern part of TST. It has developed into a major industrial area, after becoming one of the first “new towns” in Hong Kong. It continues to grow rapidly and the influx of workers has stimulated the development of schools, clinics and community centres.