Shops for Rent on Sunning Road, Hong Kong

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

Renting a shop on Sunning Road, Hong Kong, is an excellent opportunity for businesses seeking to tap into the vibrant and bustling retail environment of Causeway Bay, one of Hong Kong's top shopping districts. Sunning Road is strategically located near major shopping landmarks like Times Square, SOGO Department Store, and Hysan Place, attracting high foot traffic from both locals and tourists. This prime location offers exposure to diverse customer segments, including luxury shoppers and young trendsetters, making it ideal for retailers looking to establish or expand their brand presence in a competitive market. Additionally, Causeway Bay’s dynamic nightlife and continuous flow of shoppers create a lively atmosphere that can boost sales and visibility for any retail business renting space on Sunning Road.

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

The cost to rent a shop on Sunning Road in Causeway Bay, Hong Kong varies significantly depending on the specific location, size, and floor level, with ground floor retail spaces typically commanding the highest premiums. As of 2024, retail rental rates on Sunning Road generally range from HK$80 to HK$300 per square foot per month, with prime ground floor locations near the junction with Hennessy Road or close to major shopping centers like Times Square potentially reaching HK$400 or more per square foot monthly. Smaller shops of around 200-500 square feet may cost between HK$50,000 to HK$150,000 per month, while larger retail spaces exceeding 1,000 square feet can command monthly rents of HK$300,000 or higher. The exact rental cost depends on factors such as foot traffic, proximity to MTR stations, shop condition, lease terms, and current market demand in this prestigious Causeway Bay shopping district. Prospective tenants should also budget for additional costs including rates, management fees, air conditioning charges, and typically a security deposit equivalent to 2-3 months rent when signing a lease agreement for retail space on Sunning Road.

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

Sunning Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the week, making it one of the busiest pedestrian areas in the city. As a major shopping and commercial hub connecting Times Square, SOGO department store, and numerous retail outlets, Sunning Road sees continuous streams of both local residents and international tourists daily. Peak foot traffic typically occurs during weekends, public holidays, and evening hours from 6 PM to 10 PM when office workers and shoppers converge on the area. The street's strategic location in Causeway Bay's prime retail district, combined with its proximity to the MTR Causeway Bay Station, ensures consistent pedestrian flow from early morning until late night. During major shopping seasons like Chinese New Year, Christmas, and summer sales periods, foot traffic on Sunning Road can become extremely congested, with pedestrian volumes reaching their highest levels. The area's reputation as a premier shopping destination attracts visitors from mainland China, Southeast Asia, and beyond, contributing to the dense crowds that characterize this iconic Hong Kong street throughout most days of the year.