Shops for Rent on King Ming Road, Hong Kong

Why rent a shop on King Ming Road, Causeway Bay, Hong Kong?

Renting a shop on King Ming Road in Hong Kong offers strategic advantages due to its prime location in the bustling Wan Chai district, close to major commercial and residential areas. King Ming Road provides excellent accessibility, being near multiple transport links and surrounded by vibrant retail, dining, and entertainment options, attracting a steady flow of potential customers. The area’s established infrastructure and the mix of office and residential buildings create a diverse customer base, ideal for businesses seeking high visibility and foot traffic. Additionally, rental prices on King Ming Road tend to be competitive relative to other central locations in Hong Kong, making it an attractive option for businesses aiming to balance cost with exposure and convenience. Overall, renting a shop on King Ming Road supports business growth through excellent location, customer access, and balanced rental costs.

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

The cost to rent a shop on King Ming Road in Causeway Bay, Hong Kong varies significantly depending on the size, location, and condition of the retail space. Generally, shop rental prices on King Ming Road range from HKD 80 to HKD 200 per square foot per month, making it one of the more expensive retail locations in Hong Kong due to Causeway Bay's status as a premier shopping district. Ground floor shops with street frontage command the highest rents, typically between HKD 150 to HKD 200 per square foot monthly, while upper floor retail spaces may rent for HKD 80 to HKD 120 per square foot per month. For a typical 500 square foot shop on King Ming Road, monthly rent could range from HKD 40,000 to HKD 100,000, with additional costs including management fees, rates, and government rent. Rental prices on King Ming Road Causeway Bay are influenced by foot traffic, proximity to MTR stations, and the presence of major shopping centers like Times Square and SOGO, making it essential for potential tenants to budget accordingly when considering retail space in this prime Hong Kong shopping area.

What's the foot traffic like on King Ming Road, Causeway Bay, Hong Kong?

King Ming Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends. Located in one of Hong Kong's busiest commercial districts, this street sees a steady flow of both local residents and tourists navigating between popular shopping destinations like Times Square, SOGO department store, and nearby MTR stations. The foot traffic on King Ming Road typically peaks during lunch hours from 12-2 PM and evening shopping periods from 6-9 PM, when office workers and shoppers frequent the area's numerous restaurants, retail outlets, and entertainment venues. Weekends generally bring heavier pedestrian traffic as tourists and locals explore Causeway Bay's renowned shopping scene. The street's proximity to major transportation hubs including Causeway Bay MTR station contributes to consistent pedestrian flow throughout the day, making it a vibrant area for both business and leisure activities. Visitors planning to walk along King Ming Road should expect busy sidewalks, especially during Hong Kong's peak shopping seasons and public holidays when Causeway Bay attracts significantly more foot traffic than usual.