Shops for Rent on Whitfield Road, Hong Kong

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

Renting a shop on Whitfield Road, Hong Kong, offers a strategic location advantage due to its proximity to key commercial hubs like Causeway Bay and Tin Hau. Whitfield Road is near popular luxury shopping destinations such as SOGO and Times Square, putting your business within easy reach of high foot traffic and affluent shoppers. It is also well connected by public transport, with Tin Hau MTR station nearby, making it convenient for both customers and employees. The area boasts a vibrant dining scene with various options along Electric Road and surrounding streets, creating a lively neighborhood that attracts diverse crowds. Additionally, shops on Whitfield Road benefit from being close to iconic landmarks such as Victoria Park and offer potential for harbour views in some buildings like Citicorp Centre. These factors make Whitfield Road an excellent choice for retail businesses looking to capitalize on visibility, accessibility, and a dynamic local market.

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

The cost to rent a shop on Whitfield Road in Causeway Bay, Hong Kong varies significantly depending on the size, location, and condition of the property, with retail rental prices typically ranging from HK$80 to HK$200 per square foot per month. Ground floor shops on Whitfield Road generally command higher rents due to their prime street-level visibility and foot traffic, while upper floor retail spaces may be available at more competitive rates. Small retail units of 200-500 square feet can expect monthly rents between HK$25,000 to HK$80,000, while larger shops exceeding 1,000 square feet may cost HK$150,000 to HK$300,000 per month or more. The exact rental cost will also depend on factors such as the shop's proximity to MTB stations, nearby shopping centers, lease terms, and current market conditions in the Causeway Bay area. Prospective tenants should also budget for additional costs including management fees, rates, government rent, fitting-out expenses, and security deposits which typically amount to 2-3 months rent in advance when securing a retail lease on Whitfield Road.

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

Whitfield 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 other retail destinations. Located in one of Hong Kong's busiest commercial districts, Whitfield Road sees a steady stream of pedestrians including local shoppers, tourists, and office workers, with foot traffic typically increasing from late morning through evening hours. The street benefits from its proximity to Causeway Bay MTR station and major shopping areas like Sogo department store and Fashion Walk, making it a well-traveled thoroughfare for both locals and international visitors exploring Hong Kong's premier shopping district. During lunch hours and after work periods, foot traffic intensifies as people move between the numerous restaurants, cafes, and retail outlets that line this popular Causeway Bay street, while weekends and public holidays generally see the highest pedestrian volumes due to increased leisure shopping and dining activities.