Shops for Rent on East Point Road, Hong Kong
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Why rent a shop on East Point Road, Causeway Bay, Hong Kong?
Renting a shop on East Point Road, Hong Kong offers a prime business opportunity due to its strategic location in one of Hong Kong’s major shopping districts. East Point Road, situated near vibrant commercial hubs like Causeway Bay, attracts high foot traffic from both locals and tourists seeking trendy fashion, lifestyle products, and dining experiences. This area is well-known for its upscale shopping centers, popular department stores, and a dynamic retail environment, making it ideal for businesses targeting young, style-conscious consumers. Additionally, the accessibility via public transport and the presence of numerous boutique hotels and entertainment venues further enhance customer flow, supporting strong retail potential. For retailers seeking visibility and a dynamic commercial atmosphere, East Point Road provides a competitive edge in Hong Kong’s bustling retail scene.
How much does it cost to rent a shop on East Point Road, Causeway Bay, Hong Kong?
The cost to rent a shop on East Point Road in Causeway Bay, Hong Kong varies significantly depending on the specific location, size, and floor level, with ground floor retail spaces typically commanding the highest premiums. As of 2024, monthly rental rates for shops on East Point Road generally range from HK$80 to HK$200 per square foot for ground floor units, while upper floor commercial spaces may rent for HK$30 to HK$80 per square foot. Prime street-facing locations near major shopping centers like Times Square or Sogo can reach upwards of HK$250 per square foot monthly, making East Point Road one of Hong Kong's most expensive retail districts. Smaller shop units of 200-500 square feet may cost between HK$50,000 to HK$150,000 per month, while larger flagship stores can exceed HK$500,000 monthly. Additional costs include management fees, rates, government rent, and substantial security deposits typically equivalent to 3-6 months rent, so businesses should budget accordingly when considering retail space rental in this prestigious Causeway Bay location.
What's the foot traffic like on East Point Road, Causeway Bay, Hong Kong?
East Point Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian corridors in the city. Located in the heart of Causeway Bay's premier shopping district, this major thoroughfare connects Times Square, SOGO department store, and numerous luxury retail outlets, attracting both local residents and international tourists. Peak foot traffic occurs during weekends, public holidays, and evening hours between 6 PM to 10 PM when office workers and shoppers converge on the area. The pedestrian volume is consistently heavy due to East Point Road's proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stops, and its position as a main artery linking popular destinations like Victoria Park, Hysan Place, and the Fashion Walk shopping complex. Visitors should expect crowded sidewalks particularly during lunch hours from 12 PM to 2 PM and during major sales periods such as Chinese New Year and summer shopping festivals, when foot traffic can reach overwhelming levels that require patience and careful navigation through the dense crowds of pedestrians.