Shops for Rent on Caroline Hill Road, Hong Kong

Why rent a shop on Caroline Hill Road, Causeway Bay, Hong Kong?

Renting a shop on Caroline Hill Road, Hong Kong, offers exceptional advantages due to its prime location in Causeway Bay, one of the most prosperous and vibrant commercial districts in the city. The area boasts excellent transportation connectivity, being only minutes away from the Causeway Bay MTR Station, which ensures high foot traffic and accessibility for both customers and employees. The upcoming large-scale commercial development "Lee Garden Eight" on Caroline Hill Road, scheduled for completion in 2026, will feature over 1 million square feet of innovative, sustainable retail and office space, setting a new benchmark for modern, green urban environments. This development, backed by reputable developers Hysan Development and Chinachem Group, enhances the appeal by combining luxury, sustainability, and cutting-edge design, making Caroline Hill Road an ideal location for businesses seeking exposure in a prestigious and well-connected shopping and commercial hub in Hong Kong. Renting here offers the synergy of a thriving retail scene, strong economic potential, and a future-proof environment appealing to both local and international clientele.

How much does it cost to rent a shop on Caroline Hill Road, Causeway Bay, Hong Kong?

The cost to rent a shop on Caroline Hill Road in Causeway Bay, Hong Kong varies significantly depending on the size, location, and condition of the property. Ground floor retail spaces on Caroline Hill Road typically command rental prices ranging from HK$80 to HK$200 per square foot per month, with prime locations near the main road intersection fetching higher rates. Smaller shops of around 200-500 square feet may cost between HK$25,000 to HK$70,000 per month, while larger retail spaces exceeding 1,000 square feet can range from HK$120,000 to HK$300,000 monthly. Caroline Hill Road shop rentals are generally more affordable compared to Russell Street or Times Square area in Causeway Bay, making it an attractive option for businesses seeking exposure in this popular Hong Kong shopping district. Factors affecting rental costs include foot traffic, visibility from the street, ceiling height, and proximity to MTR stations, with properties closer to Causeway Bay MTR station commanding premium rates. Prospective tenants should also budget for additional costs such as management fees, rates, government rent, and utility deposits when calculating the total expense of renting a shop on Caroline Hill Road.

What's the foot traffic like on Caroline Hill Road, Causeway Bay, Hong Kong?

Caroline Hill Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors explore the nearby Times Square shopping mall and surrounding retail districts. The pedestrian flow on Caroline Hill Road is heaviest between 11 AM and 9 PM, with significant crowds during lunch hours as office workers from nearby commercial buildings frequent the area's restaurants and cafes. While not as intensely crowded as the main Causeway Bay shopping streets like Russell Street or Hennessy Road, Caroline Hill Road maintains steady foot traffic due to its strategic location connecting major shopping areas and MTR stations. The street sees increased pedestrian activity during Hong Kong's peak tourist seasons and public holidays, when both locals and international visitors navigate through this well-connected area of Causeway Bay. Business owners and retailers along Caroline Hill Road benefit from consistent foot traffic driven by the street's proximity to major transportation hubs and its role as a thoroughfare linking different parts of the bustling Causeway Bay shopping district.