Shops for Rent on Electric Road, Hong Kong

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

Renting a shop on Electric Road, Hong Kong offers strategic advantages, making it an ideal location for businesses. Electric Road is a prominent street in the Eastern District of Hong Kong Island, known for its rich history, vibrant community, and excellent connectivity. Shops on Electric Road benefit from high foot traffic due to its proximity to key areas like Tin Hau, Causeway Bay, and North Point, as well as access to multiple public transportation options including the Fortress Hill MTR station, buses, and trams. The street is surrounded by well-established commercial and residential developments, such as City Garden and various office buildings, which attract a diverse customer base. Furthermore, Electric Road hosts a variety of amenities like markets, food squares, and offices, creating a bustling retail environment. This combination of convenience, accessibility, and a thriving local ecosystem makes renting a shop on Electric Road a smart choice for businesses aiming to maximize visibility and customer reach in Hong Kong.

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

The cost to rent a shop on Electric Road in Causeway Bay, Hong Kong varies significantly depending on factors such as shop size, location along the street, and lease terms, with monthly rental prices typically ranging from HKD 80,000 to HKD 300,000 for retail spaces between 500 to 2,000 square feet. Electric Road shop rental costs are generally lower than prime Causeway Bay locations like Times Square or Hysan Place, but still command premium prices due to the area's high foot traffic and proximity to North Point MTR station. Ground floor retail units on Electric Road usually cost between HKD 120 to HKD 200 per square foot per month, while upper floor commercial spaces may rent for HKD 60 to HKD 120 per square foot monthly. Prospective tenants should budget for additional costs including management fees, rates, government rent, and security deposits equivalent to 3-6 months rent when calculating the total cost of renting a shop on Electric Road, Causeway Bay.

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

Electric Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when locals and tourists frequent the area's numerous retail outlets, restaurants, and commercial establishments. The foot traffic on Electric Road tends to be heaviest between 11 AM and 9 PM, with significant pedestrian activity generated by the nearby Causeway Bay MTR station, Times Square shopping mall, and various office buildings that draw both business professionals and shoppers. During weekdays, the street sees consistent pedestrian flow from office workers, while evenings and weekends bring increased foot traffic from dining and entertainment seekers exploring the vibrant Causeway Bay district. The pedestrian volume on Electric Road is generally lower than the main shopping arteries like Hennessy Road or Russell Street, but remains substantial due to its strategic location connecting major commercial areas and its proximity to popular destinations such as Victoria Park and the Causeway Bay shopping district, making it an important thoroughfare for both residents and visitors navigating one of Hong Kong's busiest commercial neighborhoods.