Shops for Rent on Harbour View Street, Hong Kong

Why rent a shop on Harbour View Street, Central, Hong Kong?

Renting a shop on Harbour View Street, Hong Kong, offers a strategic business opportunity due to its prime location in the bustling Tsim Sha Tsui district, adjacent to the renowned Harbour City shopping mall. Harbour City is a major shopping and tourist destination featuring over 450 shops, luxury brands, diverse dining options, and stunning views of Victoria Harbour, attracting a high volume of both local and international visitors daily. This vibrant commercial hub ensures excellent foot traffic, making it ideal for retail businesses aiming for maximum exposure. Additionally, the proximity to key transport links, such as the Star Ferry Pier, enhances accessibility and customer convenience, further boosting the potential for increased sales and brand visibility. Renting on Harbour View Street combines the advantages of a prestigious address with dynamic commercial activity, creating an optimal environment for business growth in one of Hong Kong’s most popular shopping and tourism spots.

How much does it cost to rent a shop on Harbour View Street, Central, Hong Kong?

The cost to rent a shop on Harbour View Street in Central, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, shop size, and floor level. Ground floor retail spaces on Harbour View Street command premium prices due to their proximity to the International Finance Centre, Central Station, and the bustling Central business district, with larger flagship stores potentially paying upwards of HK$250 per square foot monthly. Smaller retail units of 200-500 square feet may cost between HK$16,000 to HK$100,000 per month, while larger commercial spaces exceeding 1,000 square feet can reach HK$200,000 or more monthly. The rental rates on Harbour View Street are influenced by factors including foot traffic from nearby shopping malls like IFC Mall, accessibility to MTR stations, surrounding luxury developments, and the prestige associated with having a Central Hong Kong address. Prospective tenants should also budget for additional costs such as management fees, rates, government rent, and substantial security deposits that typically equal 3-6 months of rent when securing commercial property in this prime Central location.

What's the foot traffic like on Harbour View Street, Causeway Bay, Hong Kong?

Harbour View Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area attracts both locals and tourists. As one of the connecting streets in the bustling Causeway Bay district, Harbour View Street benefits from its proximity to major shopping destinations like Times Square, SOGO department store, and numerous retail outlets that draw significant pedestrian flow. The foot traffic typically peaks during lunch hours from 12 PM to 2 PM when office workers frequent nearby restaurants and cafes, and again in the evening from 6 PM to 9 PM as shoppers and diners explore the area. Weekends see consistently higher pedestrian volumes as tourists and local families visit Causeway Bay for shopping and entertainment, making Harbour View Street a relatively busy thoroughfare. The street's foot traffic is also influenced by seasonal factors, with increased activity during major shopping seasons like Chinese New Year, summer sales periods, and the Christmas holiday season when Causeway Bay becomes one of Hong Kong's most crowded shopping districts.