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Characteristic of
Industrial Units
99 619 no. of units in 1 342 IBs
• Average size: 273.4 m 2 Years of Occupation
2
• Common size: 80m or less • Over 40% occupied 5 years or less
• 2.7% of total units were subdivided • 35% occupied for over 10 years
(mainly by manufacturing/workshop
21.9% of operators)
Occupier of units floorspace in IBs
were used by
67% tenants owner-occupiers Intention to relocate
33% owners 91.6% units had no intention to relocate
Start-ups in IBs
IBs are preferred by for start-ups, especially for operations related to industrial
uses
Around 14.1% of the units (i.e. 10 832 units) were
4
occupied by start-ups . Among them, about 40.7% About 6.9% of floorspace
were associated with import/export, wholesale and retail in IBs were occupied by
trades business and other non-manufacturing business start-ups, representing
2
(about 29.3%) such as “professional, scientific and 1.88M m GFA
technical activities”, “accommodation and food service
activities”. A higher proportion
of start-ups were manufacturing/
workshop in nature including food
and beverage, vehicle repairing
and washing and facemask.
Start-up companies were mainly
found in Eastern Kowloon, Kwai
Chung and Tsuen Wan.
Figure 4: Associated Business of Start-ups in IBs
4. The usage and business profile of ‘Start-ups’ is defined as companies registered for no more than 5 years in the
Survey. There is no express definition for ‘start-up’. The years of company establishment is therefore adopted
from one of the requirements of Hong Kong Science and Technology Parks’ Incubation programme which aims
to help start-up to set off their businesses. (Source: https://www.hkstp.org/what-we-offer/incubation-and-
acceleration-programmes/incubation/hkstp-incubation/).
41 PLANNING DEPARTMENT │ ANNUAL REPORT 2021-2022