Shops for Rent on Victoria Park Road, Hong Kong

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

Renting a shop on Victoria Park Road, Hong Kong, offers a strategic location in Causeway Bay, one of the city’s most vibrant and busy commercial districts. The road borders Victoria Park, a popular and well-visited public space known for hosting major events such as the Lunar New Year Fair and the Hong Kong Flower Show, which draws significant foot traffic. This proximity ensures a steady flow of potential customers for retail or service businesses. Additionally, Victoria Park Road is situated close to key transport routes and the harbourfront, providing excellent accessibility and visibility. The area’s blend of recreational, cultural, and commercial activities makes renting a shop here highly attractive for businesses seeking exposure to diverse crowds in a prime urban setting.

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

The cost to rent a shop on Victoria Park Road in Causeway Bay, Hong Kong varies significantly depending on the size, location, and condition of the retail space. Ground floor shop rentals on Victoria Park Road typically range from HKD 80 to HKD 200 per square foot per month, with prime street-facing locations commanding higher rates. Smaller retail units of 200-500 square feet can expect monthly rents between HKD 25,000 to HKD 60,000, while larger shops exceeding 1,000 square feet may cost HKD 100,000 to HKD 300,000 per month or more. The rental rates on Victoria Park Road are generally lower than the main shopping strips in Causeway Bay such as Russell Street or Times Square area, making it an attractive option for businesses seeking more affordable commercial space in this popular Hong Kong district. Additional costs typically include management fees, government rates, and utility deposits, which can add 10-20% to the base rental price. Given the dynamic nature of Hong Kong's commercial property market, prospective tenants should consult with local commercial real estate agents for current market rates and availability on Victoria Park Road.

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

Victoria Park Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. Located adjacent to the popular Victoria Park and serving as a major thoroughfare connecting key shopping districts, the street sees constant streams of pedestrians, particularly during weekends and public holidays when families visit the park for recreational activities. The foot traffic peaks during morning and evening rush hours as commuters use Victoria Park Road to access nearby MTR stations including Causeway Bay and Tin Hau stations. Shopping enthusiasts also contribute significantly to the pedestrian volume as they move between major retail destinations like Times Square, SOGO, and various street-level shops along the corridor. During special events such as the Mid-Autumn Festival lantern displays or weekend markets in Victoria Park, foot traffic can increase dramatically, sometimes requiring crowd control measures. The consistent high pedestrian flow makes Victoria Park Road an attractive location for retail businesses and street vendors, though visitors should expect crowded conditions especially during peak shopping hours and holiday periods.