Shops for Rent on Village Road, Hong Kong

Why rent a shop on Village Road, Happy Valley, Hong Kong?

Renting a shop on Village Road in Happy Valley, Hong Kong offers exceptional business opportunities in one of the city's most vibrant and well-connected neighborhoods. Village Road Happy Valley provides excellent foot traffic with its mix of residential complexes, restaurants, and retail establishments, making it an ideal location for businesses targeting both local residents and tourists. The area benefits from convenient transportation links including the Happy Valley MTR station and multiple bus routes, ensuring easy access for customers throughout Hong Kong Island. Shop rental rates on Village Road are often more competitive compared to prime Central or Causeway Bay locations while still offering strong commercial potential and high visibility. The diverse demographic in Happy Valley includes expatriate families, young professionals, and long-term Hong Kong residents, creating a varied customer base for retail shops, cafes, restaurants, and service businesses. Additionally, the proximity to Hong Kong's famous Happy Valley Racecourse generates significant additional foot traffic during racing seasons, particularly on Wednesday evenings and weekends, providing seasonal business boosts for Village Road retailers.

How much does it cost to rent a shop on Village Road, Happy Valley, Hong Kong?

The cost to rent a shop on Village Road 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 property. Ground floor retail spaces with high foot traffic generally command premium rents between HK$50,000 to HK$80,000 monthly, while smaller units or those on upper floors may start from HK$25,000 to HK$40,000 per month. Village Road shop rental prices are influenced by factors such as proximity to Happy Valley MTR station, store size measured in square feet, street-level visibility, and local amenities like restaurants and residential buildings. Commercial property rental rates in Happy Valley have remained relatively stable, with most landlords requiring a security deposit equivalent to two to three months rent plus the first month's rent in advance. Prospective tenants should also budget for additional costs including management fees, utilities, and potential renovation expenses when calculating the total cost of renting retail space on Village Road in this popular Hong Kong district.

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

Village Road 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, Village Road connects major retail destinations including Times Square, SOGO department store, and numerous fashion boutiques, resulting in continuous streams of shoppers, tourists, and office workers. Peak foot traffic typically occurs during lunch hours from 12pm to 2pm and evening shopping periods from 6pm to 9pm, with weekend afternoons seeing the heaviest pedestrian congestion. The road's proximity to Causeway Bay MTR station, which serves over 200,000 passengers daily, significantly contributes to the constant flow of people walking through the area. During major shopping seasons such as Chinese New Year and Christmas, Village Road becomes extremely crowded with both local Hong Kong residents and international tourists, often requiring careful navigation due to the dense pedestrian traffic. Business owners and visitors should expect busy conditions year-round on Village Road, as its strategic location in Causeway Bay's central business and retail zone ensures consistent high foot traffic from early morning through late evening hours.