Shops for Rent on Dragon Road, Hong Kong

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

Renting a shop on Dragon Road in Hong Kong offers strategic advantages due to its location within the bustling Dragon Centre, a nine-storey shopping complex in Sham Shui Po known for attracting diverse shopper demographics. This shopping mall hosts over 700 shops including a mix of popular brands and independent boutiques across multiple levels, making it a vibrant retail hub that draws consistent foot traffic. Its proximity to key transport links such as the Sham Shui Po MTR station and a nearby bus terminus enhances accessibility for both shoppers and tenants. Furthermore, Dragon Centre features family-friendly attractions like an ice skating rink and an indoor playground, contributing to a steady flow of visitors looking for shopping and entertainment. Renting a shop here provides exposure to a wide customer base, opportunities for cross-shopping with electronic markets nearby, and a dynamic environment that supports various retail and service businesses. This makes Dragon Road a prime choice for merchants seeking to capitalize on high visibility and diverse consumer traffic in Hong Kong.

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

The cost to rent a shop on Dragon Road in Causeway Bay, Hong Kong varies significantly depending on location, size, and floor level, with ground floor retail spaces typically commanding the highest premiums. As of 2024, monthly rental rates for shops on Dragon Road generally range from HK$80 to HK$300 per square foot, with prime ground floor locations near busy intersections or popular shopping areas reaching the upper end of this spectrum. Smaller retail units of 200-500 square feet can expect monthly rents between HK$30,000 to HK$120,000, while larger shops exceeding 1,000 square feet may cost HK$150,000 to HK$400,000 per month or more. Upper floor shops and basement level retail spaces typically offer more affordable options at 30-50% lower rates compared to street level units. Additional costs include management fees, rates, government rent, and security deposits equivalent to 2-3 months rent, making Dragon Road Causeway Bay one of Hong Kong's premium retail districts with rental prices reflecting its status as a major shopping and commercial hub in one of the world's most expensive retail markets.

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

Dragon Road in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout the day, making it a bustling commercial street in one of the city's premier shopping districts. Located in the heart of Causeway Bay, Dragon Road attracts both locals and tourists who frequent the area for shopping, dining, and entertainment activities. The foot traffic on Dragon Road typically peaks during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm on weekdays, while weekends see consistently high pedestrian volume throughout the day. The street's proximity to major shopping centers like Times Square, Sogo Department Store, and numerous fashion boutiques contributes to its steady stream of shoppers and visitors. Dragon Road's foot traffic is also boosted by its excellent connectivity to Causeway Bay MTR station and multiple bus routes, making it easily accessible for commuters and tourists exploring Hong Kong's shopping scene. Business owners and retailers on Dragon Road benefit from this consistent pedestrian flow, particularly during Hong Kong's peak tourist seasons and major shopping festivals when foot traffic can increase significantly.