Shops for Rent on Cheong Hang Lane, Hong Kong

Why rent a shop on Cheong Hang Lane, Hung Hom, Hong Kong?

Renting a shop on Cheong Hang Lane in Hung Hom, Hong Kong offers exceptional business opportunities due to its strategic location and high foot traffic. This bustling commercial street in Hung Hom provides excellent accessibility through multiple transportation links including the Hung Hom MTR station and ferry terminals, making it easily reachable for both local residents and tourists. The area benefits from a dense residential population and proximity to major business districts, ensuring consistent customer flow throughout the day. Shop rentals on Cheong Hang Lane are competitively priced compared to Central or Tsim Sha Tsui, offering better value for money while still maintaining excellent visibility and commercial potential. The diverse mix of restaurants, retail outlets, and service businesses creates a vibrant shopping environment that attracts various demographics. Additionally, Hung Hom's ongoing urban development projects and infrastructure improvements continue to enhance the area's commercial appeal, making Cheong Hang Lane an ideal location for entrepreneurs and established businesses looking to establish or expand their presence in Hong Kong's dynamic retail market.

How much does it cost to rent a shop on Cheong Hang Lane, Hung Hom, Hong Kong?

The cost to rent a shop on Cheong Hang Lane in Hung Hom, Hong Kong typically ranges from HK$15,000 to HK$45,000 per month depending on the size, condition, and exact location of the retail space. Ground floor shops on Cheong Hang Lane generally command higher rental prices, averaging between HK$25 to HK$40 per square foot, while upper floor commercial units may be available at more affordable rates starting from HK$18 to HK$28 per square foot. Hung Hom's strategic location near the Cross-Harbour Tunnel and proximity to Tsim Sha Tsui makes Cheong Hang Lane an attractive area for retail businesses, though rental costs can fluctuate based on market conditions, foot traffic, and the specific terms of the lease agreement. Prospective tenants should also budget for additional expenses such as management fees, rates, government rent, and utility deposits when calculating the total cost of renting a shop in this popular Hong Kong district.

What's the foot traffic like on Cheong Hang Lane, Causeway Bay, Hong Kong?

Cheong Hang Lane in Causeway Bay, Hong Kong experiences moderate to heavy 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 side street connecting to the bustling Times Square shopping complex and adjacent to major thoroughfares like Russell Street and Hennessy Road, Cheong Hang Lane benefits from significant pedestrian overflow from these high-traffic areas. The foot traffic tends to be heaviest between 11 AM and 9 PM, with notable increases during lunch hours when office workers from nearby buildings visit the lane's dining establishments, and during evening hours when shoppers explore the area's boutiques and entertainment venues. Weekends and public holidays typically see the highest pedestrian volume as both Hong Kong residents and international visitors frequent Causeway Bay for shopping and dining, making Cheong Hang Lane a consistently active pedestrian corridor in one of Hong Kong's premier commercial districts.