Shops for Rent on Happy View Terrace, Hong Kong

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

Renting a shop on Happy View Terrace, Hong Kong, offers a prime location in the vibrant and well-connected Happy Valley area on Hong Kong Island. This location benefits from excellent public transport options, including nearby bus stops and a short walking distance to the MTR, providing easy access for both customers and employees. Happy View Terrace is close to key commercial hubs such as Lee Garden and Times Square, enhancing business visibility and foot traffic. The area is also surrounded by essential amenities, including schools within School Net 12 and medical facilities, making it convenient for staff and clientele alike. Additionally, the buildings on Happy View Terrace have a long-established presence, reflecting a stable and mature neighborhood that blends residential and commercial use, ideal for shops seeking to tap into both local residents and visitors. These factors make Happy View Terrace an attractive choice for renting retail space in Hong Kong.

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

The cost to rent a shop on Happy View Terrace in Causeway Bay, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, floor level, and shop size. Happy View Terrace shop rental prices are influenced by its prime Causeway Bay location, with ground floor retail spaces commanding premium rates due to high foot traffic and excellent visibility. Smaller shops of 200-500 square feet may cost between HK$16,000 to HK$100,000 monthly, while larger retail units can exceed HK$200,000 per month. Additional costs for renting a shop on Happy View Terrace include management fees, rates, government rent, and utilities, which can add 15-25% to the base rental cost. Causeway Bay remains one of Hong Kong's most expensive retail districts, and Happy View Terrace benefits from its proximity to major shopping centers, MTR stations, and the bustling Times Square area, making it a sought-after location for retailers willing to pay premium rents for maximum exposure to both locals and tourists.

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

Happy View Terrace in Causeway Bay, Hong Kong experiences moderate foot traffic compared to the bustling main streets of this popular shopping district. Located in a more residential area of Causeway Bay, the street typically sees steady pedestrian activity from local residents, office workers, and visitors accessing nearby restaurants and small businesses. The foot traffic on Happy View Terrace tends to be heaviest during lunch hours and evening periods when people are commuting or dining at local establishments. While not as crowded as major thoroughfares like Russell Street or Hennessy Road, Happy View Terrace maintains consistent pedestrian flow throughout the day due to its proximity to Causeway Bay MTR station and popular shopping areas like Times Square and Sogo. The street's foot traffic patterns make it an attractive location for businesses seeking a balance between accessibility and the intense crowds found on Causeway Bay's primary commercial strips. Visitors to Happy View Terrace can expect a more relaxed walking experience while still being within easy reach of Causeway Bay's main attractions and transportation hubs.