Shops for Rent on Dragon Terrace, Hong Kong

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

Renting a shop on Dragon Terrace in Hong Kong offers a prime location in the bustling North Point Mid-Levels area, known for its vibrant community and high foot traffic. This strategic spot on Tin Hau Temple Road gives businesses excellent visibility and easy access to a diverse customer base, making it ideal for retail or service-oriented enterprises. Dragon Terrace combines historic charm with modern conveniences, attracting both locals and tourists. Choosing a shop here can lead to enhanced brand exposure, networking opportunities, and growth potential in a competitive Hong Kong market. The accessibility and established commercial vibe make Dragon Terrace a smart choice for entrepreneurs seeking a successful business location.

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

Renting a shop on Dragon Terrace in Causeway Bay, Hong Kong typically costs between HKD 80,000 to HKD 300,000 per month, depending on the size, location within the street, and specific terms of the lease agreement. Dragon Terrace shop rental prices are influenced by its prime location in one of Hong Kong's most prestigious shopping districts, with ground floor retail spaces commanding premium rates due to high foot traffic and excellent visibility. The cost to rent a shop on Dragon Terrace varies significantly based on factors such as shop size ranging from 200 to 2,000 square feet, proximity to major shopping centers like Times Square and SOGO, and the type of business permitted under the lease terms. Causeway Bay Dragon Terrace rental rates have remained relatively stable in recent years, though landlords may require substantial key money deposits of 3-6 months rent in advance, plus additional costs for fit-out, utilities, and management fees. Prospective tenants should budget for total initial costs of approximately 6-12 times the monthly rent when securing a Dragon Terrace retail space, making it essential to work with experienced commercial real estate agents familiar with Causeway Bay market conditions and rental negotiations.

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

Dragon Terrace in Causeway Bay, Hong Kong experiences consistently high foot traffic throughout the day, making it one of the busiest pedestrian areas in the district. Located in the heart of Causeway Bay's prime shopping and commercial zone, Dragon Terrace sees heavy crowds of both local residents and international tourists, particularly during weekends, public holidays, and evening hours when nearby shopping centers like Times Square and Sogo are at peak activity. The foot traffic on Dragon Terrace is especially dense during lunch hours as office workers from surrounding buildings frequent the area's restaurants and cafes, while evenings bring shoppers and diners exploring the vibrant Causeway Bay nightlife scene. Visitors should expect crowded sidewalks and slower walking speeds during peak hours, typically between 12-2 PM and 6-9 PM on weekdays, with weekend foot traffic remaining consistently high from late morning through evening hours, reflecting Causeway Bay's status as one of Hong Kong's most popular retail and dining destinations.