Shops for Rent on Yee Wo Street, Hong Kong

Why rent a shop on Yee Wo Street, Causeway Bay, Hong Kong?

Renting a shop on Yee Wo Street, Hong Kong, offers a prime business location in the bustling Causeway Bay district, known for its dense foot traffic and connectivity. Yee Wo Street serves as a major thoroughfare linking key roads and is adjacent to prominent shopping areas like Sogo Causeway Bay and Jardine’s Bazaar, making it an attractive spot for retail businesses seeking visibility and customer access. The street benefits from excellent public transport options, including tramways and numerous bus routes, ensuring high accessibility. Despite lacking large shopping centers directly on it, Yee Wo Street’s proximity to busy commercial hubs and iconic landmarks creates a vibrant retail environment ideal for shops targeting both tourists and locals in one of Hong Kong’s busiest shopping districts. This combination of strategic location, heavy pedestrian flow, and connectivity makes renting a shop on Yee Wo Street a valuable opportunity for retail success.

How much does it cost to rent a shop on Yee Wo Street, Causeway Bay, Hong Kong?

Renting a shop on Yee Wo Street in Causeway Bay, Hong Kong typically costs between HKD 300 to HKD 800 per square foot per month, depending on the exact location, floor level, and shop condition. Ground floor retail spaces on Yee Wo Street command the highest rents, often ranging from HKD 500 to HKD 800 per square foot monthly, while upper floor commercial units may rent for HKD 300 to HKD 500 per square foot per month. The rental cost for shops on Yee Wo Street varies significantly based on proximity to MTR stations, with properties closer to Causeway Bay MTR station demanding premium rates. Small retail shops of 200-500 square feet on Yee Wo Street can expect monthly rents between HKD 60,000 to HKD 250,000, while larger commercial spaces exceeding 1,000 square feet may cost HKD 400,000 to HKD 800,000 per month. Additional costs for renting shops on Yee Wo Street include management fees, rates, government rent, and utility deposits, which can add 15-25% to the base rental amount. Prospective tenants should also budget for security deposits equivalent to 3-6 months rent when leasing retail space on this prime Causeway Bay shopping street.

What's the foot traffic like on Yee Wo Street, Causeway Bay, Hong Kong?

Yee Wo Street 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 in the heart of Causeway Bay's prime shopping district, Yee Wo Street connects major shopping destinations including Times Square, SOGO department store, and numerous retail outlets, resulting in constant streams of both local residents and international tourists. The foot traffic on Yee Wo Street typically peaks during weekends, public holidays, and evening hours when office workers join shoppers and diners exploring the area's extensive retail and dining options. Due to its proximity to Causeway Bay MTR station and its position as a main thoroughfare linking key commercial areas, pedestrian volume remains consistently heavy from morning until late night, with the street often becoming crowded during lunch hours and after-work periods. Visitors to Yee Wo Street should expect dense crowds, particularly during Hong Kong's peak shopping seasons and major sales events, as the area serves as a central hub connecting Causeway Bay's most popular shopping centers and entertainment venues.