Government eyes move from leased offices to cut costs

The Hong Kong government plans to relocate 26 leased offices to government-owned or lower-rent private premises in 2025–26, with the aim of saving around HK$130 million a year, says Secretary for Financial Services and the Treasury Christopher Hui Ching-yu.

The Government Property Agency will continue to review rental levels and explore ways to control rental expenses with bureaus and departments, Hui said in a written reply to a question to the Legislative Council on Wednesday.

The government is currently unable to provide details of the relocation plans, to avoid affecting negotiations with private property owners, he said.

Hui added that the SAR government plans to relocate the three government buildings at the Wan Chai waterfront and construct nine buildings in other areas to relocate those existing government offices.

STAFF REPORTER