Shops for Rent on Hysan Avenue, Hong Kong
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Why rent a shop on Hysan Avenue, Causeway Bay, Hong Kong?
Renting a shop on Hysan Avenue, Hong Kong, is an excellent choice due to its prime location in the bustling district of Causeway Bay, known as a vibrant commercial and shopping hub. Hysan Place, a landmark retail and office complex on Hysan Avenue, offers over 42,000 square meters of premier retail space spanning 17 floors, attracting more than 50,000 visitors daily. Its direct access to the Causeway Bay MTR station ensures high foot traffic, while its mix of international flagship stores and popular Asian brands creates a dynamic shopping environment. The modern architectural design, natural lighting, lush greenery, and well-curated brand selection further enhance the customer experience, making it an ideal destination for retailers aiming for visibility, prestige, and access to a diverse, high-spending customer base. Additionally, the integration of lifestyle, cultural hubs like Eslite Books, and a variety of dining options provides a comprehensive retail ecosystem that supports sustained business success. These factors collectively make renting a shop on Hysan Avenue a strategic move for businesses seeking growth in Hong Kong’s competitive retail market.
How much does it cost to rent a shop on Hysan Avenue, Causeway Bay, Hong Kong?
Renting a shop on Hysan Avenue in Causeway Bay, Hong Kong typically costs between HKD 200 to HKD 800 per square foot per month, depending on the exact location, floor level, and shop size. Prime ground floor retail spaces on Hysan Avenue command the highest rents, often exceeding HKD 500 per square foot monthly, while upper floor units may range from HKD 200 to HKD 400 per square foot. The rental cost for shops on Hysan Avenue varies significantly based on proximity to major shopping centers like Hysan Place, Lee Gardens, and Times Square, with properties closer to these landmarks commanding premium rates. Small retail units of 200-500 square feet on Hysan Avenue generally require monthly rents ranging from HKD 40,000 to HKD 250,000, while larger commercial spaces can cost upwards of HKD 500,000 per month. Additional costs for renting shops on Hysan Avenue include management fees, air conditioning charges, and government rates, which typically add 15-25% to the base rental amount, making Causeway Bay one of the most expensive retail districts globally for shop rentals.
What's the foot traffic like on Hysan Avenue, Causeway Bay, Hong Kong?
Hysan Avenue in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the year, making it one of the busiest shopping districts in Asia. This premier shopping destination sees peak pedestrian activity during weekends, public holidays, and evening hours when both locals and tourists flock to the numerous luxury boutiques, department stores, and restaurants lining the street. The foot traffic on Hysan Avenue is particularly intense during major shopping seasons such as Chinese New Year, summer sales periods, and Christmas, with thousands of shoppers navigating the sidewalks daily. The area's proximity to Causeway Bay MTR station, Times Square shopping mall, and SOGO department store contributes significantly to the constant stream of pedestrians, with foot traffic typically heaviest between 2 PM and 10 PM. International tourists, mainland Chinese visitors, and Hong Kong residents all contribute to the bustling atmosphere, creating a vibrant mix of shoppers that keeps Hysan Avenue consistently crowded and commercially successful as one of Hong Kong's most expensive retail locations.
