Shops for Rent on Eastern Hospital Road, Hong Kong

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

Renting a shop on Eastern Hospital Road, Hong Kong, offers a prime location in the vibrant Eastern District, known for its high population density and affluent residents, making it ideal for business exposure and customer reach. This area benefits from excellent transportation links including subway, bus, ferry, and tram services, facilitating convenient access for both customers and staff. Moreover, the district is a rapidly developing commercial hub with growing business districts such as Taikoo Place, attracting multinational corporations and government offices, which increases foot traffic and commercial opportunities. The proximity to large shopping malls, cultural attractions, and medical facilities like Tung Wah Eastern Hospital also drives diverse daily visitor flows, making Eastern Hospital Road a strategic choice for retail or service businesses seeking visibility and accessibility in a well-established yet evolving neighbourhood. Renting here leverages a combination of strong economic vibrancy, comprehensive infrastructure, and community presence optimal for business growth.

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

The cost to rent a shop on Eastern Hospital Road in Causeway Bay, Hong Kong varies significantly depending on the specific location, size, and condition of the retail space. Ground floor shop rentals on Eastern Hospital Road typically range from HK$80 to HK$200 per square foot per month, with prime locations near major intersections or MTR stations commanding higher prices. Smaller retail units of 200-500 square feet may cost between HK$25,000 to HK$60,000 monthly, while larger shops exceeding 1,000 square feet can range from HK$100,000 to HK$300,000 per month or more. Factors affecting Eastern Hospital Road shop rental prices include foot traffic, proximity to Causeway Bay MTR station, visibility from the street, and the overall condition of the building. Additional costs for renting a shop in Causeway Bay include management fees, rates, air conditioning charges, and typically a security deposit equivalent to 2-3 months rent. Given the dynamic nature of Hong Kong's commercial property market, prospective tenants should consult with local commercial real estate agents for current market rates and availability on Eastern Hospital Road.

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

Eastern Hospital Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak hours and weekends due to its strategic location connecting major shopping and business districts. The road serves as an important thoroughfare linking the bustling Causeway Bay shopping area with residential complexes and office buildings, resulting in steady pedestrian flow from early morning commuters to late evening shoppers and diners. Foot traffic typically peaks during lunch hours between 12-2 PM and evening rush hours from 6-8 PM when office workers and tourists frequent the nearby Times Square, SOGO department store, and numerous restaurants along the corridor. The presence of MTR Causeway Bay station within walking distance significantly contributes to the consistent pedestrian volume, with additional spikes during major shopping seasons, public holidays, and weekend evenings when both locals and tourists explore the vibrant Causeway Bay district. The road's proximity to major retail destinations and its role as a connecting route between different areas of Causeway Bay ensures that foot traffic remains relatively high compared to quieter residential streets in Hong Kong, making it a dynamic pedestrian environment throughout most hours of the day.