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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
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