Shops for Rent on Tin Kwong Road, Hong Kong

Why rent a shop on Tin Kwong Road, Ho Man Tin, Hong Kong?

Renting a shop on Tin Kwong Road in Ho Man Tin, Hong Kong offers exceptional business opportunities due to its strategic location and strong commercial potential. This bustling street in Kowloon provides excellent accessibility through nearby MTR stations including Ho Man Tin Station and To Kwa Wan Station, ensuring high foot traffic and convenient transportation for customers. The area attracts diverse demographics including local residents, office workers, and students from nearby educational institutions, creating a steady customer base for retail businesses, restaurants, and service providers. Tin Kwong Road benefits from competitive rental rates compared to prime commercial districts while still offering excellent visibility and exposure for businesses. The neighborhood's ongoing urban development and government revitalization projects continue to enhance the area's commercial appeal, making it an ideal location for entrepreneurs and established businesses seeking growth opportunities in Hong Kong's dynamic retail market. With its mix of residential complexes, commercial buildings, and proximity to major transportation hubs, shops on Tin Kwong Road enjoy consistent customer flow throughout the day, making it a smart investment choice for retail ventures in Ho Man Tin.

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

The cost to rent a shop on Tin Kwong Road in Ho Man Tin, Hong Kong varies significantly depending on the property size, location along the street, and current market conditions. As of 2024, retail rental prices in Ho Man Tin typically range from HK$25 to HK$60 per square foot per month for ground floor shops, with Tin Kwong Road commanding rates on the higher end due to its strategic location and foot traffic. Smaller shops of 200-500 square feet may cost between HK$15,000 to HK$30,000 monthly, while larger retail spaces exceeding 1,000 square feet could reach HK$50,000 to HK$100,000 per month. Factors affecting rental costs on Tin Kwong Road include proximity to the Ho Man Tin MTR station, street-level visibility, shop condition, lease terms, and local competition from nearby shopping areas. Property management fees, rates, and government rent typically add 10-15% to the base rental cost. Prospective tenants should also budget for security deposits equivalent to 2-3 months rent plus legal fees for lease agreements when considering shop rental on Tin Kwong Road Ho Man Tin.

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

Tin Kwong Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area's numerous retail outlets, restaurants, and commercial establishments draw both locals and tourists. As a connecting street in one of Hong Kong's busiest shopping districts, Tin Kwong Road sees steady pedestrian flow from morning through evening, with increased activity during lunch hours when office workers from nearby buildings frequent the local eateries and shops. The foot traffic tends to be heaviest on weekends and public holidays when Causeway Bay attracts large numbers of shoppers visiting the surrounding department stores, boutiques, and entertainment venues. During weekday evenings, the street remains busy as it serves as a thoroughfare for commuters and shoppers heading to and from the MTR stations and major shopping centers like Times Square and SOGO. The pedestrian volume on Tin Kwong Road is generally consistent with other secondary streets in the Causeway Bay area, making it a viable location for retail businesses and restaurants looking to benefit from the district's strong consumer traffic.