Shops for Rent on Murray Road, Hong Kong

Why rent a shop on Murray Road, Central, Hong Kong?

Renting a shop on Murray Road, Hong Kong, offers a prime location in the heart of the city’s Central Business District, surrounded by prestigious office towers, financial institutions, and vibrant commercial activity. Murray Road is home to the newly developed Henderson Tower, a state-of-the-art 36-story Grade A office building designed by Zaha Hadid Architects, featuring sustainable design and direct connections to nearby public gardens, transport hubs like Central and Admiralty MTR stations, and a network of elevated pedestrian walkways. This strategic location ensures high foot traffic, excellent accessibility, and a prestigious business address, making it ideal for retailers, services, or brands seeking visibility and proximity to major corporate clients and affluent consumers in one of the world’s busiest financial centers. Additionally, the modern amenities and urban oasis atmosphere created by the integration of green spaces enhance the shopping experience and appeal to both tenants and customers. Renting a shop on Murray Road, therefore, aligns with business growth and brand positioning objectives in a competitive Hong Kong market.

How much does it cost to rent a shop on Murray Road, Central, Hong Kong?

The cost to rent a shop on Murray Road in Central, Hong Kong varies significantly depending on the exact location, size, and type of retail space, with monthly rental prices typically ranging from HKD 80,000 to HKD 500,000 or more for prime street-level storefronts. Ground floor retail spaces on Murray Road command premium rates due to the area's prestigious Central business district location and high foot traffic, with rental costs often quoted per square foot ranging from HKD 200 to HKD 800 per square foot per month. Smaller boutique shops or upper floor retail units may be available for lower monthly rents starting around HKD 50,000 to HKD 150,000, while larger flagship stores or corner units in prime positions can exceed HKD 1 million per month. Additional costs for renting a shop on Murray Road include substantial security deposits equivalent to 3-6 months rent, government rates and management fees, plus potential key money or premium payments that can add significantly to the initial setup costs. Prospective tenants should budget for total occupancy costs that may be 20-30% higher than the base rent when factoring in all associated expenses for retail space in this highly sought-after Central Hong Kong location.

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

Murray Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian thoroughfares in the city. Located in the heart of Causeway Bay's prime shopping district, Murray Road connects major retail destinations including Times Square, SOGO department store, and numerous luxury boutiques, resulting in constant streams of both local residents and international tourists. Peak foot traffic typically occurs during weekends, public holidays, and evening hours from 6 PM to 10 PM when office workers, shoppers, and diners converge on the area. The road's proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stops, contributes significantly to the pedestrian volume as commuters transfer between the station and various shopping centers. During major sales periods such as Chinese New Year and Christmas, foot traffic on Murray Road can become extremely congested, with pedestrian flow management measures sometimes implemented to ensure safety. The diverse mix of restaurants, cafes, street food vendors, and retail outlets along Murray Road attracts visitors throughout the week, though weekday foot traffic tends to be slightly lower than weekend volumes, primarily consisting of office workers during lunch hours and after-work shopping periods.