Shops for Rent on Yik Yam Street, Hong Kong

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Ref#3431: A modern, empty hair salon featuring blue and white decor, multiple mirrors, styling stations, and black wash basins ideal for shop rental or transforming into a stylish salon or boutique.
Retail Space for Lease in Happy Valley
HK$80,000 monthly
Yik Yam Street
Shop on Yik Yam Street, Happy Valley. Storefront with large red Chinese characters and windows covered in advertisements in Happy Valley.
Ground Floor Retail Space Available for Lease in Happy Valley
HK$85,000 monthly
Yik Yam Street

Shop rents on Yik Yam Street at a glance

Shops available
2
Monthly rents
HK$80k–85k
Sizes
1,300–1,400 sq ft

Hollies has 2 shops for rent on Yik Yam Street, Happy Valley. For more choice nearby, see all 16 shops for rent in Happy Valley.

Updated September 2026.

Why rent a shop on Yik Yam Street, Happy Valley, Hong Kong?

Renting a shop on Yik Yam Street, Hong Kong, offers a strategic location in the vibrant Wan Chai District, known for its mix of residential and commercial activities. Yik Yam Street is situated in the popular Happy Valley area, providing access to a diverse customer base and steady foot traffic. Shops here benefit from proximity to established neighborhoods and convenient transport links, making it ideal for retail businesses seeking visibility and accessibility. Additionally, the street has a long-standing presence in the community, with properties dating back to the 1960s, which often contributes to a stable commercial environment. This combination of location, community, and accessibility makes renting a shop on Yik Yam Street an attractive opportunity for business owners looking to establish or expand their presence in Hong Kong.

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

The cost to rent a shop on Yik Yam Street in Happy Valley, Hong Kong varies significantly depending on the size, location, and condition of the retail space. Ground floor shop rentals on Yik Yam Street typically range from HKD 80,000 to HKD 200,000 per month for spaces between 400 to 1,000 square feet, making the average rental rate approximately HKD 200 to HKD 250 per square foot. Happy Valley is considered a prime retail location due to its proximity to the famous Happy Valley Racecourse and high foot traffic from both locals and tourists. Factors affecting Yik Yam Street shop rental prices include street-facing visibility, proximity to MTR stations, building age, and the presence of nearby restaurants and entertainment venues. Smaller retail units of 200 to 400 square feet may rent for HKD 40,000 to HKD 80,000 monthly, while larger premium spaces exceeding 1,000 square feet can command rents of HKD 250,000 or more per month. Prospective tenants should also budget for additional costs including management fees, rates, government rent, and typically a three-month security deposit when leasing commercial property in Happy Valley.

What's the foot traffic like on Yik Yam Street, Happy Valley, Hong Kong?

Yik Yam Street is a short side street in Happy Valley, close to the neighbourhood's main shopping streets. Like much of Happy Valley, it has a calm residential character, and its foot traffic comes mainly from people who live or work nearby rather than from passing crowds. Pedestrian numbers are modest through the day, with a little more activity around lunchtime and in the early evening. The absence of an MTR station in Happy Valley keeps visitor numbers lower than on the main commercial streets of Hong Kong Island, but it also gives local businesses a loyal customer base. The street suits cafes, small restaurants, boutiques and neighbourhood services that depend on regular local customers.

Happy Valley neighbourhood guide

What Happy Valley is like as a location for shops, restaurants and offices. Read the guide →