The best things about running a business in Causeway Bay, according to company bosses:
It’s the heart of shopping and dining in Hong Kong – but Causeway Bay has so much more to offer than that. We ask bosses in Causeway Bay why they think the district is good for business.
It’s actually less hectic than the key business district of Central.
Central might be a prime spot for business, but Causeway Bay wins out for some thanks to its more relaxed vibe.
“The business atmosphere here is not as tense as in Central,” says Catherine Yan, CEO of Centuryan Environmental Services Group, which has been based in Causeway Bay since 1989. “I used to work in Central – you’ll notice that everyone there seems to be in a rush all the time, and I felt dizzy after walking around,” she says. “You don’t feel this in Causeway Bay, which is more relaxed.”
Things can get “pretty hectic” in Central, says Wallace Cheung, co-founder and director of InvBots, a fintech firm specialising in investment management firm that moved to theDesk in 2019. That means for startups in particular, “it’s not always easy,” he says. “For those of us who are in the programming field, we need a space that’s quiet, and more creative.”
Yet it has a thriving business community in place.
Causeway Bay’s ample office space attracted Cheung to move his company, which had been based in Central for two years, to the area. “If you wanted a space with views in Central, there would be a massive difference in price. Causeway Bay [offices] actually offer pretty nice views.”
“There are some really amazing spaces [in Causeway Bay] – whether it be co-working spaces or typical office spaces,” agrees Steve Rockowitz, CEO of Rock Media (HK), Legend Publishing (HK) and Legend Entertainment Group, which launched in 2015. The firm looked at Central and locations nearby, and found that they were at a “much higher cost.” “There are options in Causeway Bay that are much more affordable, yet you’re in a real prime location,” says Rockowitz, who advises businesses to do their research on rentals.
Gladys Lo-Reynolds, head of marketing at Grasland, was surprised by the number of companies based in the area, especially in her office building. Based at theDesk since 2018, the firm offers organic snacks from Germany. The proximity to other businesses can lead to collaboration opportunities and friendships, she says.
For startups and the creative industries, this is where it’s at.
Businesses districts tend to be concentrated on Hong Kong Island – though Causeway Bay “feels younger and not so finance-focused,” says Bosco Lai, HR and admin manager of 17 Media, a mobile app company offering live video streaming and real-time content sharing services founded in Taiwan in 2015. It opened its Hong Kong office in 2017 and moved to theDesk in the same year.
For 17 Media’s live channel featuring influencers, for example, Causeway Bay makes for a trendier shooting backdrop than the likes of Central and Admiralty, says Lai. Meanwhile, it’s easier for the firm’s producers to pick up supplies like makeup and clothing in the area for shoots.
Despite being a preferred location for creatives, its proximity to Central is still a major plus. “We can’t go too far away from Central, which would make it difficult to attract investors,” says Cheung of InvBots.
“We wanted a place that was … close to many of customers and advertisers,” says Rockowitz. “It’s so centrally located, for us, it made sense.”
Some parts of the area are considered to have great feng shui for business.
If one business owner is to be believed, the superior feng shui of Causeway Bay had a positive effect on her business.
Moving from Wan Chai to Causeway Bay in 1989, Centuryan occupied an office building on Hysan Avenue until 2012. It then moved to Lee Garden Five, where it recently underwent an expansion in office space – and Yan believes a lot of the firm’s success is down to the area’s “great feng shui.”
The size and rental cost was a reason for the move to Causeway Bay, but “more importantly, the feng shui was better,” she adds.
Despite being a major commercial district, it offers the opportunity for space to breathe.
Need a bit of time out during the hectic work day? Despite Causeway Bay’s density, open spaces are just a hop and a skip away. Of course, there’s always the urban oasis of Victoria Park. Meanwhile, Lai of 17 Media pinpoints the waterfront next to the Royal Hong Kong Yacht Club as a great open spot for shoots.
“Just a few blocks from here, you have Happy Valley and Tin Hau,” says Rockowitz of Rock Media. “Those areas are just so different from Causeway Bay, in that they’re sleepier – you can do some great walks and hikes.”
Two words: happy hour.
When it comes to post-work drinks, most Hongkongers cast their minds to nightlife districts in Central and Wan Chai – but Causeway Bay has plenty of underrated watering holes, too.
“We love going to Club @28 at The Crowne Plaza on Fridays for its incredible views,” says Lo-Reynolds. Some top picks: mini-golf bar and restaurant Strokes, which offers buy-one-get-one-free deals from 4 to 8pm daily; and Belgian beer hall Frites, with half-price in beers, wines, champagne and spirits from 3 to 8pm, Monday to Friday.
Explore theDesk: Your co-working and events space.
Get to now what happens at theDesk. Book a tour now to discover how our inclusive community can help start and grow your business.