Shops for Rent on King Wah Road, Hong Kong

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

Renting a shop on King Wah Road in Hong Kong offers a strategic location advantage combined with access to a vibrant shopping and business environment. King Wah Road area, including notable buildings like King Wah Centre, is situated in bustling districts such as Mong Kok and North Point, drawing high foot traffic from both locals and tourists. This location benefits retail tenants with excellent visibility and proximity to popular shopping centres, restaurants, and entertainment venues, fostering strong customer engagement. Additionally, King Wah Road’s mix of commercial office towers and retail spaces ensures a steady flow of potential clients and business opportunities. This makes it an ideal spot for retailers looking to establish or expand their presence in Hong Kong’s competitive market. The dynamic setting of King Wah Road also aligns well with evolving business needs and urban trends, contributing to long-term commercial growth potential.

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

The cost to rent a shop on King Wah Road in Causeway Bay, Hong Kong varies significantly depending on location, size, and property condition, with monthly rental prices typically ranging from HK$80,000 to HK$300,000 for ground floor retail spaces. King Wah Road shop rental costs are influenced by proximity to major shopping areas like Times Square and Sogo, with prime locations commanding premium rates of HK$150 to HK$400 per square foot per month. Smaller retail units of 200-500 square feet may cost between HK$50,000 to HK$120,000 monthly, while larger flagship stores exceeding 1,000 square feet can reach HK$500,000 or more per month. Causeway Bay remains one of Hong Kong's most expensive retail districts, and King Wah Road properties often require substantial key money deposits ranging from 3-6 months rent, plus additional costs for management fees, rates, and government rent. Prospective tenants should budget for total occupancy costs that may exceed the base rent by 20-30% when considering a King Wah Road shop rental in this prime Causeway Bay location.

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

King Wah Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors flock to the nearby Times Square shopping mall and surrounding retail establishments. The pedestrian flow on King Wah Road is consistently busy due to its strategic location connecting major shopping areas in Causeway Bay, with heaviest foot traffic occurring between 11 AM and 9 PM when tourists and locals navigate between the numerous fashion boutiques, restaurants, and commercial buildings along this important thoroughfare. As one of Causeway Bay's key connecting streets, King Wah Road sees increased pedestrian activity during lunch hours from office workers in nearby commercial towers, while evenings bring a mix of shoppers, diners, and tourists exploring the vibrant Causeway Bay district. The foot traffic density on King Wah Road makes it an attractive location for retail businesses and restaurants looking to capitalize on the steady stream of potential customers moving between Times Square, nearby MTR stations, and other popular Causeway Bay destinations.