Shops for Rent on Tsui Man Street, Hong Kong

Why rent a shop on Tsui Man Street, Happy Valley, Hong Kong?

Renting a shop on Tsui Man Street in Hong Kong offers strategic advantages due to its prime location in the vibrant Happy Valley district, known for its mix of residential and commercial spaces. Tsui Man Street benefits from strong local foot traffic and excellent transport connectivity, making it ideal for retail businesses seeking visibility and access to diverse customer bases. The area’s established community, with nearby amenities and schools, creates a steady demand for retail services, while rental rates remain competitive compared to busier commercial hubs in Hong Kong. Additionally, Happy Valley’s reputation as a lively neighborhood with a mix of locals and expatriates enhances business potential, making Tsui Man Street a smart choice for shop rental in Hong Kong.

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

The cost to rent a shop on Tsui Man Street in Happy Valley, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month, depending on the size, location, and condition of the retail space. Ground floor shops with high foot traffic and good visibility generally command premium rents of HK$50 to HK$120 per square foot, while upper floor units may be available at more affordable rates of HK$25 to HK$60 per square foot. Tsui Man Street shop rental prices are influenced by factors such as proximity to the Happy Valley MTR station, nearby residential density, parking availability, and the overall commercial activity in the area. Smaller retail units of 200-400 square feet may start from HK$25,000 monthly, while larger shops exceeding 800 square feet can cost upwards of HK$60,000 to HK$80,000 per month. Additional costs for renting a shop on Tsui Man Street include management fees, rates, government rent, and utility deposits, which can add approximately 10-15% to the base rental amount. Prospective tenants should also budget for renovation costs, business license fees, and a security deposit equivalent to 2-3 months rent when planning to lease retail space in this popular Happy Valley location.

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

Tsui Man Street in Causeway Bay experiences exceptionally high foot traffic throughout the day, making it one of Hong Kong's busiest pedestrian areas. Located in the heart of Causeway Bay's prime shopping district, Tsui Man Street connects major retail destinations including Times Square, SOGO department store, and numerous fashion boutiques, resulting in constant streams of both locals and tourists. Peak foot traffic typically occurs during weekends, public holidays, and evening hours from 6 PM to 9 PM when office workers and shoppers converge on the area. The street's proximity to Causeway Bay MTR station, one of Hong Kong's most heavily used subway stations, contributes significantly to the dense pedestrian flow as commuters transfer between the Island and Tsuen Wan lines. During major shopping seasons like Chinese New Year, Christmas, and summer sales periods, foot traffic on Tsui Man Street can become extremely congested, with pedestrian movement slowing considerably due to the sheer volume of people. The street's narrow sidewalks and multiple street-level retail entrances create bottlenecks that intensify during lunch hours and after-work periods, making it essential for visitors to plan extra travel time when navigating through this bustling Hong Kong shopping corridor.