Shops for Rent on Tung Lo Wan Road, Hong Kong
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Why rent a shop on Tung Lo Wan Road, Causeway Bay, Hong Kong?
Renting a shop on Tung Lo Wan Road, Hong Kong, is an excellent choice due to its prime location in the bustling Causeway Bay and Tai Hang areas, known for their vibrant retail environment and high foot traffic. Tung Lo Wan Road marks the historical shoreline and connects key streets such as King’s Road and Leighton Road, providing easy access and visibility for businesses. The area benefits from a rich heritage combined with modern retail appeal, featuring nearby landmarks, diverse shopping options, and a mix of independent boutiques and local eateries. This dynamic setting attracts shoppers and tourists alike, making it ideal for businesses seeking exposure in one of Hong Kong’s busiest commercial districts. Moreover, the presence of prestigious schools, hospitals, and transport links further enhances the customer base potential. Renting on Tung Lo Wan Road offers both historical charm and commercial vibrancy that can boost business success in Hong Kong’s competitive market.
How much does it cost to rent a shop on Tung Lo Wan Road, Causeway Bay, Hong Kong?
The cost to rent a shop on Tung Lo Wan Road in Causeway Bay, Hong Kong varies significantly depending on the specific location, shop size, and floor level, with rental prices typically ranging from HK$150 to HK$400 per square foot per month for ground floor retail spaces. Tung Lo Wan Road shop rental costs are generally lower than prime Causeway Bay locations like Russell Street or Hennessy Road, making it an attractive option for businesses seeking affordable retail space in this popular Hong Kong shopping district. Smaller shops of 200-500 square feet may cost between HK$30,000 to HK$120,000 monthly, while larger retail units can command rents exceeding HK$200,000 per month. Factors affecting Tung Lo Wan Road commercial rental prices include proximity to MTR stations, foot traffic levels, shop frontage width, and current market conditions in Hong Kong's retail property sector. Prospective tenants should budget additional costs including management fees, rates, government rent, and security deposits when calculating total occupancy expenses for Causeway Bay shop rentals.
What's the foot traffic like on Tung Lo Wan Road, Causeway Bay, Hong Kong?
Tung Lo Wan Road in Causeway Bay experiences exceptionally high foot traffic throughout the day, making it one of Hong Kong's busiest pedestrian corridors. Located in the heart of Causeway Bay's prime shopping district, this road sees constant streams of locals and tourists walking between major retail destinations like Times Square, SOGO department store, and numerous fashion boutiques. Peak foot traffic occurs during lunch hours from 12pm to 2pm when office workers flood the area, and again during evening hours from 6pm to 9pm as shoppers and diners explore the vibrant street-level restaurants and shops. Weekends bring even heavier pedestrian congestion as tourists and families visit Causeway Bay's attractions, with Tung Lo Wan Road serving as a key connecting route between the MTR station and major shopping centers. The road's proximity to multiple bus stops and the Causeway Bay MTR station ensures consistent pedestrian flow from early morning until late evening, with foot traffic remaining substantial even after 10pm due to the area's active nightlife scene. During major shopping events like seasonal sales or holidays, Tung Lo Wan Road becomes particularly crowded, requiring patience for pedestrians navigating through the dense crowds that characterize this iconic Hong Kong shopping district.
