Shops for Rent on Kai Chiu Road, Hong Kong

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

Renting a shop on Kai Chiu Road in Hong Kong offers a strategic advantage for retailers due to its emergence as one of the city's most favored shopping streets, particularly in Causeway Bay. This location attracts high leasing activity and benefits from medium-sized retail spaces in a high-traffic district. Compared to other prominent streets, Kai Chiu Road offers relatively lower rents while still delivering strong footfall and visibility, making it a cost-effective option for businesses seeking to capitalize on Hong Kong's recovering retail market. The area has seen a narrowing rental gap with more expensive nearby streets, reflecting its growing popularity and viability for commercial investment. This combination of affordability, prime location, and strong retail demand makes Kai Chiu Road an attractive choice for shop rental in Hong Kong.

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

The cost to rent a shop on Kai Chiu Road in Causeway Bay, Hong Kong varies significantly depending on factors such as shop size, location along the street, and current market conditions. As of 2024, retail rental prices on Kai Chiu Road typically range from HK$80 to HK$200 per square foot per month, with ground floor units commanding premium rates due to higher foot traffic and visibility. Smaller shops of 200-500 square feet may cost between HK$16,000 to HK$100,000 monthly, while larger retail spaces can exceed HK$200,000 per month. The exact rental cost also depends on the shop's proximity to major shopping areas, MTR stations, and whether it's located on the busy main stretch or quieter sections of Kai Chiu Road. Property management fees, government rates, and utility deposits are additional costs to consider when budgeting for a Causeway Bay shop rental. For the most current and accurate pricing, it's recommended to consult with local commercial real estate agents who specialize in Causeway Bay retail properties, as rental rates in this prime Hong Kong shopping district fluctuate regularly based on market demand and economic conditions.

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

Kai Chiu Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. Located in the heart of Causeway Bay's prime shopping and commercial district, this road sees constant streams of pedestrians, particularly during peak hours from 11 AM to 9 PM when shopping centers, restaurants, and office buildings are most active. The foot traffic on Kai Chiu Road is heaviest during weekends and public holidays when both locals and tourists flock to the area's numerous retail outlets, department stores, and dining establishments. During weekdays, the morning and evening rush hours from 8-9 AM and 6-8 PM create significant pedestrian congestion as office workers commute to and from the Central Business District. The road's proximity to Causeway Bay MTR station, Times Square shopping mall, and other major attractions ensures consistent pedestrian flow year-round, with particularly dense crowds during festival periods and sales seasons. Visitors should expect crowded sidewalks and slower walking speeds throughout most of the day, especially near major intersections and popular retail destinations along Kai Chiu Road.