Shops for Rent on Upper Albert Road, Hong Kong

Why rent a shop on Upper Albert Road, Central, Hong Kong?

Renting a shop on Upper Albert Road in Hong Kong offers a unique opportunity to establish a presence in the prestigious Central district, known as the city's main business and governmental hub. Upper Albert Road is located on Government Hill, surrounding Government House, the official residence of Hong Kong's Chief Executive, which lends the area significant political and historical prominence. This location provides high visibility, access to affluent clients, government officials, and tourists visiting the iconic Central district. Additionally, the proximity to major roads like Garden Road and Kennedy Road ensures excellent connectivity, making it convenient for both customers and suppliers. Renting a shop here means positioning your business in a prime, high-profile area that blends heritage, government presence, and bustling commercial activity, ideal for brands seeking prestige and strategic advantage in Hong Kong's competitive retail and service market.

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

Renting a shop on Upper Albert Road in Central, Hong Kong typically costs between HKD 80 to HKD 200 per square foot per month, depending on the specific location, size, and condition of the property. Upper Albert Road shop rental prices vary significantly based on factors such as proximity to major commercial areas like Central Business District, accessibility to MTR stations, and the type of business permitted in the space. Ground floor retail spaces on Upper Albert Road generally command higher rental rates compared to upper floor units, with prime locations near the Mid-Levels escalator system often reaching the upper end of the price range. Small retail shops of 200-500 square feet may cost between HKD 16,000 to HKD 100,000 per month, while larger commercial spaces can exceed HKD 200,000 monthly. The rental market for Upper Albert Road commercial properties remains competitive due to the area's strategic location connecting Central financial district with residential Mid-Levels, making it an attractive location for restaurants, retail stores, and professional services seeking high foot traffic and excellent transportation links.

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

Upper Albert Road in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors flock to the nearby Times Square shopping mall and surrounding retail establishments. The pedestrian flow on Upper Albert Road is significantly influenced by its strategic location connecting major commercial areas, with the highest concentration of foot traffic typically occurring between 11 AM and 9 PM when shoppers, office workers, and tourists navigate between the MTR stations, shopping centers, and dining venues. During weekdays, the street sees steady pedestrian activity from local office workers and residents, while weekends bring increased crowds of both domestic and international tourists exploring Causeway Bay's renowned shopping district. The foot traffic patterns on Upper Albert Road are also affected by seasonal events, sales periods, and Hong Kong's weather conditions, with covered walkways and nearby indoor attractions helping maintain consistent pedestrian flow even during adverse weather. For businesses considering locations along Upper Albert Road, the consistent foot traffic provides excellent visibility and customer access, making it a valuable commercial corridor within one of Hong Kong's busiest shopping districts.