Shops for Rent on Hung Hom Wan Street, Hong Kong

Why rent a shop on Hung Hom Wan Street, Hung Hom, Hong Kong?

Renting a shop on Hung Hom Wan Street in Hong Kong offers strategic advantages due to its prime location in the southeast of the Kowloon Peninsula, a mixed-use district with both residential and industrial areas. Hung Hom features excellent transport links, including the Hung Hom MTR station, which connects to major rail lines and cross-border services to China, enhancing customer and supply accessibility. The area is also near popular shopping and dining destinations like Whampoa Garden and benefits from proximity to hotels and ferry terminals, attracting diverse foot traffic. These factors make Hung Hom Wan Street a practical choice for businesses seeking visibility, convenient logistics, and access to local and regional markets in Hong Kong.

How much does it cost to rent a shop on Hung Hom Wan Street, Hung Hom, Hong Kong?

The cost to rent a shop on Hung Hom Wan Street in Hung Hom, Hong Kong typically ranges from HK$25 to HK$60 per square foot per month, depending on the specific location, shop size, and condition of the property. Ground floor retail spaces on Hung Hom Wan Street command higher rental rates due to better foot traffic and visibility, while upper floor commercial units may be available at more affordable rates starting from HK$20 per square foot monthly. Factors affecting shop rental prices on Hung Hom Wan Street include proximity to Hung Hom MTR station, the condition of the building, available parking facilities, and the overall commercial activity in the area. Small retail shops ranging from 200 to 500 square feet may cost between HK$5,000 to HK$30,000 per month, while larger commercial spaces exceeding 1,000 square feet can range from HK$25,000 to HK$60,000 monthly. Property management fees, government rates, and utilities are typically additional costs that tenants should factor into their budget when considering shop rental on Hung Hom Wan Street, and rental prices may fluctuate based on market conditions and seasonal demand in the Hung Hom district.

What's the foot traffic like on Hung Hom Wan Street, Causeway Bay, Hong Kong?

Hung Hom Wan 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 consistent pedestrian flow due to its strategic location connecting major shopping areas and MTR stations, with foot traffic typically heaviest between 11 AM and 9 PM when tourists and locals explore Causeway Bay's numerous shops, restaurants, and entertainment venues. During weekdays, the area maintains steady foot traffic from office workers and residents, while weekends and public holidays bring significantly higher pedestrian volumes as Causeway Bay ranks among Hong Kong's most popular shopping and dining destinations. The street's proximity to major attractions like Victoria Park and its position within one of Hong Kong's busiest commercial districts ensures relatively consistent foot traffic year-round, though numbers may fluctuate during major festivals, sales periods, and seasonal shopping events that draw additional crowds to the Causeway Bay area.