Shops for Rent on Harcourt Road, Hong Kong
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Why rent a shop on Harcourt Road, Admiralty, Hong Kong?
Renting a shop on Harcourt Road, Hong Kong, offers a prime location in one of the city's busiest commercial hubs, providing excellent exposure to both local residents and tourists. Harcourt Road is near major shopping districts and iconic malls such as Times Square and Causeway Bay, renowned for their diverse retail offerings ranging from luxury brands to trendy fashion boutiques. This area benefits from high foot traffic, accessibility via public transport, and proximity to business centers, making it ideal for retail businesses seeking visibility and a steady customer flow. Additionally, Harcourt Road's vibrant shopping environment is supported by Hong Kong's reputation as a duty-free and tax-exempt shopping destination, attracting shoppers looking for a wide array of products. All these factors make renting a shop on Harcourt Road a strategic choice for retail success in Hong Kong.
How much does it cost to rent a shop on Harcourt Road, Admiralty, Hong Kong?
The cost to rent a shop on Harcourt Road in Admiralty, Hong Kong varies significantly depending on the size, location, and condition of the retail space, with monthly rental prices typically ranging from HK$80,000 to HK$500,000 or more for prime ground-floor locations. Harcourt Road is considered one of Hong Kong's most prestigious commercial addresses in the Central business district, commanding premium rental rates due to its proximity to major office towers, luxury hotels, and high foot traffic from the nearby Admiralty MTR station. Smaller retail units of 500-1,000 square feet may rent for HK$100-200 per square foot per month, while larger flagship stores or prime corner locations can exceed HK$300-400 per square foot monthly. Additional costs for Harcourt Road shop rentals include management fees, government rates, utilities, and often substantial key money or security deposits equivalent to 3-6 months rent. Prospective tenants should also budget for fitting-out costs and consider that rental prices on Harcourt Road Admiralty fluctuate based on market conditions, with luxury retail spaces and those with street-level access commanding the highest premiums in this sought-after Hong Kong shopping district.
What's the foot traffic like on Harcourt Road, Causeway Bay, Hong Kong?
Harcourt Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. The foot traffic on Harcourt Road Causeway Bay is particularly intense during peak shopping hours from 11 AM to 9 PM, weekends, and public holidays when thousands of locals and tourists flock to the area's numerous shopping malls, restaurants, and entertainment venues. The street connects major attractions like Times Square, SOGO department store, and Hysan Place, contributing to the constant flow of pedestrians. During lunch hours on weekdays, office workers from nearby commercial buildings significantly increase the pedestrian volume, while evenings see a surge of shoppers and diners exploring the vibrant retail and dining scene. The foot traffic density on Harcourt Road is comparable to other major shopping districts in Hong Kong such as Tsim Sha Tsui and Central, with the area maintaining steady pedestrian flow even during off-peak hours due to its strategic location and excellent public transportation connections via Causeway Bay MTR station.
