Shops for Rent on Mui Hing Street, Hong Kong

Why rent a shop on Mui Hing Street, Happy Valley, Hong Kong?

Renting a shop on Mui Hing Street, Hong Kong offers a strategic location advantage in the vibrant Happy Valley area, known for its mix of residential and commercial properties. Positioned at 8 Mui Hing Street, The Urban Edition provides modern retail spaces in a well-established district with easy access to Wan Chai and numerous local amenities, making it ideal for businesses seeking visibility and foot traffic. The area benefits from a strong community presence and proximity to major roads and public transport, ensuring convenient accessibility for customers and suppliers alike. With properties constructed recently since 2016, retailers can expect contemporary infrastructure in a dynamic part of Hong Kong Island. This combination of location, modern facilities, and neighborhood appeal makes renting a shop on Mui Hing Street a compelling choice for businesses aiming to establish or expand their presence in Hong Kong.

How much does it cost to rent a shop on Mui Hing Street, Happy Valley, Hong Kong?

The cost to rent a shop on Mui Hing Street in Happy Valley, Hong Kong varies significantly depending on factors such as shop size, location along the street, and current market conditions. Based on recent market data, retail rental prices on Mui Hing Street typically range from HK$80 to HK$200 per square foot per month, with prime ground-floor locations commanding higher rates. Smaller shops of 200-500 square feet may cost between HK$25,000 to HK$60,000 monthly, while larger retail spaces exceeding 1,000 square feet can reach HK$150,000 or more per month. The rental cost on Mui Hing Street is influenced by its proximity to Happy Valley's residential developments, accessibility to public transportation, and the street's established commercial atmosphere. Prospective tenants should also budget for additional expenses including management fees, rates, government rent, and security deposits equivalent to 2-3 months rent. For the most current Mui Hing Street shop rental prices, it is recommended to consult with local commercial real estate agents who specialize in Happy Valley properties, as rental rates fluctuate based on market demand and economic conditions in Hong Kong's dynamic retail property sector.

What's the foot traffic like on Mui Hing Street, Causeway Bay, Hong Kong?

Mui Hing Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends. Located in one of Hong Kong's busiest shopping districts, this street sees a steady flow of both local residents and tourists who visit the nearby Times Square shopping mall, Sogo department store, and numerous retail outlets. The foot traffic on Mui Hing Street typically peaks during lunch hours (12pm-2pm) when office workers from surrounding buildings frequent the area's restaurants and cafes, and again in the evening (6pm-9pm) when shoppers and diners explore Causeway Bay's vibrant retail and dining scene. Weekends generally see heavier pedestrian traffic as tourists and locals alike take advantage of the extensive shopping opportunities in this prime Hong Kong retail hub. The street's proximity to Causeway Bay MTR station also contributes to consistent foot traffic as commuters pass through the area, making Mui Hing Street a bustling thoroughfare that reflects the dynamic energy of Hong Kong's commercial heart.