Shops for Rent on Hing Fat Street, Hong Kong

Why rent a shop on Hing Fat Street, Causeway Bay, Hong Kong?

Renting a shop on Hing Fat Street, Hong Kong, offers strategic advantages due to its prime location in the bustling Causeway Bay and Tin Hau area, known for high foot traffic and excellent accessibility. The street hosts grade A commercial buildings like 88 Hing Fat Street, which features modern office spaces with panoramic views of Victoria Harbour and Victoria Park, making it attractive for business visibility and prestige. The area is well-connected, with just a five-minute walk to the MTR Tin Hau Station, enhancing convenience for both customers and staff. Additionally, Hing Fat Street is close to established commercial centers such as Citicorp Centre and 148 Electric Road, providing potential for strong commercial synergy and networking. These factors make renting a shop on Hing Fat Street a desirable choice for businesses seeking a prominent, accessible, and vibrant commercial environment in Hong Kong.

How much does it cost to rent a shop on Hing Fat Street, Causeway Bay, Hong Kong?

Renting a shop on Hing Fat Street in Causeway Bay, Hong Kong typically costs between HK$80 to HK$200 per square foot per month, depending on the specific location, floor level, and shop condition. Ground floor retail spaces on Hing Fat Street command premium prices due to high pedestrian traffic and excellent visibility, with monthly rent ranging from HK$120,000 to HK$300,000 for spaces between 500 to 1,500 square feet. Upper floor shops generally offer more affordable options at HK$60,000 to HK$150,000 per month for similar sizes. The rental cost for Hing Fat Street shops fluctuates based on factors such as proximity to Causeway Bay MTR station, surrounding brand presence, shop frontage width, and current market conditions. Prospective tenants should also budget for additional costs including rates, management fees, utility deposits, and the traditional three-month security deposit plus one month advance rent. Given Causeway Bay's status as one of Hong Kong's premier shopping districts, Hing Fat Street shop rentals represent a significant investment but offer access to one of the world's busiest retail corridors with exceptional foot traffic and tourist exposure.

What's the foot traffic like on Hing Fat Street, Causeway Bay, Hong Kong?

Hing Fat Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area attracts both locals and tourists exploring the vibrant Causeway Bay district. The pedestrian flow on Hing Fat Street is consistently busy due to its strategic location connecting major shopping areas, with foot traffic intensifying during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and shoppers frequent the numerous restaurants, cafes, and retail establishments lining the street. Weekends see significantly higher pedestrian volumes on Hing Fat Street as tourists and local families visit Causeway Bay for shopping and dining, making it one of the busier secondary streets in the area. The foot traffic density on Hing Fat Street remains relatively stable year-round, with slight increases during major shopping seasons and Hong Kong public holidays, though it is generally less congested than the main thoroughfares like Hennessy Road or Russell Street while still maintaining a lively urban atmosphere characteristic of Causeway Bay's commercial district.