30 Sep '17, 1pm

Shoreditch, London: World's most expensive tech district

Shoreditch, London: World's most expensive tech district

Bangkok’s CBD including Rama 1, Sathorn and Sukhumvit Soi 21 (US$74.25) and Zhongguancun in Beijing (US$55.05) are the only two tech districts in Asia Pacific on the top 10 list. Shoreditch is followed by Mid-Market in San Francisco, where rents are US$77 per sq ft, and Silicon Docks in Dublin (US$76.30) which has become the European base for many tech corporates including Twitter and Google Despite boasting some of the most expensive office buildings in the world, Hong Kong, Shanghai and Singapore all provide affordable office space in their emerging tech districts. In Cyberport, the heart of Hong Kong’s tech sector, office rents are US$36.90, which is 90% lower than rents paid in the city’s skyscrapers. Zhangjiang Hi-Tech Park in Shanghai and One-North in Singapore offer rents at US$27.50 per sq ft and US$41.45 per sq ft respectively.

Full article: https://www.iproperty.com.sg/news/shoreditchlondon-worlds...

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