Shops for Rent on Causeway Road, Hong Kong

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

Renting a shop on Causeway Road, Hong Kong is an excellent choice for businesses due to its strategic location in a bustling commercial district with high foot traffic and excellent transportation links. Causeway Road attracts a diverse crowd including locals, tourists, and professionals, creating ample opportunities for customer exposure and sales growth. The area is known for its mix of retail, dining, and service outlets, making it ideal for various business types looking to tap into a vibrant market. Additionally, the visibility and prestige of having a shop on Causeway Road can enhance brand recognition and credibility in Hong Kong’s competitive retail landscape. Choosing this location combines accessibility, market reach, and business potential, making it a smart investment for retailers and entrepreneurs alike.

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

Renting a shop on Causeway Road in Causeway Bay, Hong Kong typically costs between HK$800 to HK$2,500 per square foot per month, making it one of the most expensive retail locations in the world. The exact rental cost depends on several factors including the specific location along Causeway Road, floor level, shop size, and lease terms. Prime ground floor retail spaces facing the main street can command the highest rents, often exceeding HK$2,000 per square foot monthly, while upper floor units or smaller spaces may be available at the lower end of the range. Causeway Bay consistently ranks among the top three most expensive shopping districts globally for retail rent, with Causeway Road being a particularly sought-after address due to its high foot traffic and proximity to major shopping centers like Times Square and SOGO. Additional costs to consider when renting a shop on Causeway Road include management fees, rates, government rent, utility deposits, and typically a security deposit equivalent to three to six months rent, bringing the total initial investment for a retail space to a substantial amount that reflects the premium nature of this Hong Kong commercial district.

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

Causeway Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian thoroughfares in the city. The foot traffic on Causeway Road peaks during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers, shoppers, and tourists converge on the area's numerous shopping malls, restaurants, and entertainment venues. Weekends see particularly heavy pedestrian flow as both locals and international visitors flock to iconic destinations like Times Square, SOGO department store, and the Fashion Walk shopping complex located along or near Causeway Road. The street's proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stations, contributes significantly to the constant stream of pedestrians, with foot traffic remaining substantial even during off-peak hours due to the area's 24-hour dining options and late-night shopping. During major shopping seasons, holidays, and special events, Causeway Road becomes extremely crowded with foot traffic that can make walking challenging, particularly near the intersection with Hennessy Road and around major retail anchors that draw massive crowds to this premier shopping district in Hong Kong.