Shops for Rent on Pak Sha Road, Hong Kong
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Why rent a shop on Pak Sha Road, Causeway Bay, Hong Kong?
Renting a shop on Pak Sha Road, Hong Kong, offers a unique opportunity to be located in the vibrant Lee Gardens area of Causeway Bay, known for its mix of luxury brands, local cafes, and specialty shops. This short but well-connected street attracts a diverse clientele, including shoppers visiting nearby upscale malls, making it ideal for businesses targeting middle-class and affluent customers. Pak Sha Road's reputation for hosting popular food and beverage outlets, including Hong Kong’s only official Leica coffee shop and renowned local eateries, adds to the street's strong foot traffic and draw. Additionally, its central location near major shopping centers and its blend of luxury and local culture provide an advantageous setting for retail businesses aiming to leverage high visibility and a sophisticated consumer base. Renting here positions a shop within an established yet dynamic retail environment in one of Hong Kong’s busiest commercial districts.
How much does it cost to rent a shop on Pak Sha Road, Causeway Bay, Hong Kong?
The cost to rent a shop on Pak Sha Road in Causeway Bay, Hong Kong varies significantly depending on the shop size, location along the street, and current market conditions. As of 2024, retail rental prices on Pak Sha Road typically range from HKD 80 to HKD 200 per square foot per month, with prime ground floor locations commanding the highest rates. Smaller shops of 200-500 square feet may cost between HKD 16,000 to HKD 100,000 monthly, while larger retail spaces can exceed HKD 200,000 per month. Pak Sha Road's proximity to Times Square shopping mall and its position as a key pedestrian thoroughfare in Causeway Bay makes it one of Hong Kong's most expensive retail districts. Factors affecting rental costs include floor level, street frontage, foot traffic volume, and lease terms, with ground floor shops facing the main street commanding premium rates. Prospective tenants should also budget for additional costs such as management fees, rates, government rent, and substantial security deposits typically equivalent to 3-6 months rent when planning to lease retail space on Pak Sha Road.
What's the foot traffic like on Pak Sha Road, Causeway Bay, Hong Kong?
Pak Sha 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 complex and Causeway Bay's bustling retail district. The pedestrian volume on Pak Sha Road is significantly influenced by its strategic location connecting major shopping areas, with foot traffic typically peaking between 11 AM to 9 PM when local residents and tourists navigate between the MTR station, department stores, and popular dining establishments. While not as intensely crowded as the main Russell Street or Hennessy Road corridors, Pak Sha Road maintains steady pedestrian flow due to its role as a key thoroughfare for shoppers moving between Causeway Bay's premier shopping destinations, making it an area where visitors should expect consistent but manageable crowd levels, especially during Hong Kong's peak tourist seasons and local holidays.
