Shops for Rent on Jardine's Crescent, Hong Kong

Why rent a shop on Jardine's Crescent, Causeway Bay, Hong Kong?

Renting a shop on Jardine's Crescent in Hong Kong is an excellent choice for businesses seeking high foot traffic and a vibrant shopping environment. Jardine's Crescent is well-known for its bustling street market atmosphere, attracting both locals and tourists looking for fashion, accessories, and unique items at competitive prices. This location offers great visibility and exposure due to its central position in Causeway Bay, a major retail and commercial district. The area’s mix of traditional market stalls and modern shops creates diverse customer engagement opportunities, making it ideal for retailers aiming to tap into the energetic and dynamic market scene of Hong Kong. Additionally, the accessibility via public transport and proximity to other popular shopping areas further enhance its appeal for retail businesses looking to boost sales and brand presence.

How much does it cost to rent a shop on Jardine's Crescent, Causeway Bay, Hong Kong?

Renting a shop on Jardine's Crescent in Causeway Bay, Hong Kong typically costs between HK$80 to HK$200 per square foot per month, depending on the exact location, floor level, and shop size. Ground floor retail spaces on this popular shopping street command premium rates due to high foot traffic and prime positioning in one of Hong Kong's busiest commercial districts. Smaller shops ranging from 200 to 500 square feet may cost approximately HK$30,000 to HK$80,000 monthly, while larger retail units can exceed HK$150,000 per month. Additional costs include management fees, rates, government rent, and utility deposits, which can add 15-25% to the base rental cost. The rental prices on Jardine's Crescent fluctuate based on market conditions, with peak periods like Chinese New Year and Christmas seeing higher demand and potentially increased rates. Prospective tenants should also budget for key money or premium payments, which are common practice in Hong Kong's competitive retail property market, particularly for prime locations in Causeway Bay where international brands and local retailers compete for limited storefront space.

What's the foot traffic like on Jardine's Crescent, Causeway Bay, Hong Kong?

Jardine's Crescent in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. This famous curved street attracts thousands of shoppers, tourists, and locals daily, with peak hours typically occurring during lunch time (12-2 PM), early evening (6-8 PM), and weekends when the area becomes densely crowded. The foot traffic on Jardine's Crescent is driven by its unique mix of traditional wet markets, street food vendors, local shops, and its proximity to major shopping destinations like Times Square and Sogo department store in Causeway Bay. Visitors should expect significant crowds year-round, with particularly heavy pedestrian congestion during Hong Kong's shopping seasons, public holidays, and tourist peak periods. The narrow street design combined with numerous food stalls and market vendors creates bottlenecks that contribute to the intense foot traffic, making it advisable to visit during off-peak hours if you prefer a less crowded shopping experience in this iconic Causeway Bay location.