Shops for Rent on Cheong Lok Street, Hong Kong
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Why rent a shop on Cheong Lok Street, Jordan, Hong Kong?
Renting a shop on Cheong Lok Street, Hong Kong, is highly advantageous due to its strategic location in the vibrant Yau Ma Tei area of Kowloon, one of the city's prime shopping districts. This area is known for its bustling street markets and proximity to popular spots like the Jade Market and Ladies Market, attracting a constant flow of both local shoppers and tourists seeking unique products and bargains. Cheong Lok Street itself is part of Hong Kong’s garment district, making it ideal for retail businesses specializing in fashion, accessories, and niche apparel. The street benefits from heavy foot traffic, a diverse customer base, and a dynamic market environment, which can help businesses gain visibility and steady sales in a competitive yet lucrative marketplace. Overall, renting a shop here offers access to a shopping hotspot with a blend of traditional market culture and modern retail opportunities.
How much does it cost to rent a shop on Cheong Lok Street, Jordan, Hong Kong?
The cost to rent a shop on Cheong Lok Street in Jordan, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month depending on the size, location, and condition of the commercial space. Ground floor retail shops on Cheong Lok Street generally command higher rental prices due to their prime visibility and foot traffic, with average rates of approximately HK$40 to HK$70 per square foot. Smaller shop units of 200-400 square feet may cost between HK$30,000 to HK$50,000 monthly, while larger commercial spaces exceeding 800 square feet can reach HK$70,000 or more per month. The rental cost for shops on Cheong Lok Street Jordan is influenced by factors such as proximity to the MTN Jordan Station, street-level accessibility, existing fixtures, and the overall commercial activity in this popular Kowloon district. Prospective tenants should also budget for additional costs including management fees, utilities, and the standard two-month security deposit when renting commercial property in this area of Hong Kong.
What's the foot traffic like on Cheong Lok Street, Causeway Bay, Hong Kong?
Cheong Lok Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area attracts both locals and tourists exploring one of Hong Kong's premier retail districts. The pedestrian flow on Cheong Lok Street varies significantly depending on the time of day, with the busiest periods typically occurring between 11 AM to 9 PM when nearby shopping centers, restaurants, and entertainment venues are most active. As a connecting street in the heart of Causeway Bay, foot traffic tends to increase during lunch hours as office workers from surrounding buildings visit local eateries, and again during evening hours when shoppers move between major destinations like Times Square, SOGO, and the numerous fashion boutiques in the area. Weekend foot traffic on Cheong Lok Street generally sees a substantial increase due to leisure shoppers and tourists, while weekday mornings and late evenings typically experience lighter pedestrian activity. The street's proximity to Causeway Bay MTR station and major bus routes also contributes to steady foot traffic as commuters and visitors use it as a thoroughfare to access various parts of the district.
