Shops for Rent on Perth Street, Hong Kong

Why rent a shop on Perth Street, Ho Man Tin, Hong Kong?

Perth Street in Ho Man Tin offers exceptional retail opportunities for businesses looking to establish themselves in one of Hong Kong's most strategically located neighborhoods. Renting a shop on Perth Street provides access to a densely populated residential area with high foot traffic from local residents and commuters using the nearby Ho Man Tin MTR station on the Kwun Tong Line. The street benefits from excellent connectivity to major business districts including Tsim Sha Tsui, Central, and Causeway Bay, making it an ideal location for retail businesses targeting both local customers and tourists. Perth Street's proximity to educational institutions, residential complexes, and healthcare facilities ensures a steady stream of potential customers throughout the day. The area offers competitive rental rates compared to prime shopping districts while still providing strong visibility and accessibility for businesses. Additionally, Ho Man Tin's ongoing urban development and infrastructure improvements continue to enhance the commercial appeal of Perth Street, making it an attractive long-term investment for retailers seeking to capitalize on Hong Kong's dynamic retail market. The street's mix of local businesses and chain stores creates a vibrant commercial environment that supports diverse retail concepts from food and beverage outlets to specialty shops and service providers.

How much does it cost to rent a shop on Perth Street, Ho Man Tin, Hong Kong?

The cost to rent a shop on Perth Street in Ho Man Tin, Hong Kong varies significantly depending on factors such as shop size, location along the street, and current market conditions. Retail rental prices on Perth Street typically range from HK$30 to HK$80 per square foot per month, with ground floor units commanding premium rates due to higher foot traffic and visibility. Smaller shops of 200-400 square feet may cost between HK$15,000 to HK$40,000 monthly, while larger retail spaces exceeding 800 square feet can reach HK$60,000 or more per month. Perth Street shop rentals in Ho Man Tin are generally more affordable compared to prime shopping districts like Causeway Bay or Central, making it an attractive option for small businesses and local retailers. Additional costs including management fees, rates, and government rent should be factored into the total rental budget, typically adding 10-15% to the base rent. Prospective tenants should also consider that rental prices on Perth Street fluctuate based on Hong Kong's overall retail market performance and may require security deposits equivalent to 2-3 months rent plus advanced rental payments.

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

Perth Street in Causeway Bay, Hong Kong experiences moderate to high 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 districts. The street sees a steady flow of both local residents and international tourists, with foot traffic typically increasing from late morning through evening hours as people visit the numerous restaurants, cafes, and shops that line this popular Causeway Bay thoroughfare. Being located in one of Hong Kong's busiest commercial and shopping districts, Perth Street benefits from the area's excellent MTR connectivity and its proximity to major attractions, resulting in consistent pedestrian activity that makes it an attractive location for retail businesses and dining establishments. The foot traffic patterns on Perth Street generally follow Causeway Bay's overall trends, with heavier crowds during lunch hours, after-work periods, and weekend shopping times, while early morning and late night hours tend to be quieter with primarily local residents and commuters passing through.