Shops for Rent on Man Fai Street, Hong Kong

Why rent a shop on Man Fai Street, Central, Hong Kong?

Renting a shop on Man Fai Street in Hong Kong offers strategic advantages due to its vibrant location in the bustling Jordan area of Kowloon. The Man Fai Building, located at 26-48 Man Ying Street near Man Fai Street, benefits from excellent accessibility with just a five-minute walk to the MTR, making it convenient for both customers and employees. The area is well-served by public transport and surrounded by a mix of residential units and commercial activities, fostering a steady flow of potential customers. Additionally, the established community and proximity to multiple schools in the district contribute to consistent local foot traffic. This makes Man Fai Street an ideal location for retail businesses seeking visibility in a lively urban environment with good connectivity and a diverse customer base. Renting here also places a shop in a building with decades of history, ensuring a stable commercial environment within a vibrant neighborhood of Hong Kong.

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

Shop rental costs on Man Fai Street in Central, Hong Kong typically range from HKD 80 to HKD 200 per square foot per month, depending on the specific location, floor level, and shop condition. Ground floor retail spaces on Man Fai Street command premium prices due to high foot traffic and visibility, with monthly rents often exceeding HKD 150 per square foot for prime positions. Smaller shops of 200-500 square feet may cost between HKD 25,000 to HKD 80,000 per month, while larger retail units can reach HKD 150,000 or more monthly. The exact rental price for shops on Man Fai Street varies based on factors including proximity to MTR stations, building age, shop frontage width, and current market conditions in Central Hong Kong. Prospective tenants should also budget for additional costs such as management fees, rates, government rent, and security deposits equivalent to 2-3 months rent when planning to lease retail space on this popular Central Hong Kong street.

What's the foot traffic like on Man Fai Street, Causeway Bay, Hong Kong?

Man Fai 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, this street sees constant streams of shoppers, tourists, and office workers, particularly during peak hours from 11 AM to 9 PM on weekdays and even heavier crowds on weekends. The foot traffic on Man Fai Street is driven by its proximity to major shopping destinations like Times Square, Sogo department store, and numerous fashion boutiques, as well as its connection to Causeway Bay MTR station. During lunch hours between 12 PM and 2 PM, the street becomes particularly congested with office workers from nearby commercial buildings seeking dining options at the many restaurants and food courts in the area. Weekend foot traffic on Man Fai Street can be overwhelming, especially during shopping seasons and public holidays, when both local Hong Kong residents and mainland Chinese tourists flood the area. The street's pedestrian flow is further intensified by its role as a major transit corridor connecting different parts of Causeway Bay, making it nearly impossible to find quiet moments even during off-peak hours.