Shops for Rent on Chi Wo Street, Hong Kong

Why rent a shop on Chi Wo Street, Jordan, Hong Kong?

Renting a shop on Chi Wo Street, Hong Kong, offers a strategic retail location known for its accessibility and vibrant commercial activity. Chi Wo Street is situated in an area well-connected by multiple transportation options, including buses and the subway, facilitating easy customer access from different parts of Hong Kong and the airport. This street attracts a steady flow of both local shoppers and tourists, enhancing potential business visibility and foot traffic. Additionally, renting a shop here positions your business within a lively urban district that balances residential and commercial spaces, creating diverse market opportunities for various retail sectors. The convenience, combined with competitive rental rates relative to prime central business areas, makes Chi Wo Street an appealing choice for entrepreneurs seeking to establish or expand their retail presence in Hong Kong.

How much does it cost to rent a shop on Chi Wo Street, Jordan, Hong Kong?

The cost to rent a shop on Chi Wo Street in Jordan, Hong Kong varies significantly depending on the size, location, and condition of the property, with typical monthly rental rates ranging from HK$15,000 to HK$50,000 for small to medium-sized retail spaces. Ground floor shops on Chi Wo Street generally command higher rents due to better visibility and foot traffic, while upper floor commercial units offer more affordable options for businesses that don't rely heavily on street-level exposure. Factors affecting Chi Wo Street shop rental prices include proximity to Jordan MTR station, the condition of the building, ceiling height, and whether utilities and management fees are included in the lease agreement. Business owners looking to rent commercial space on Chi Wo Street should expect additional costs such as rates, government rent, management fees, and typically a security deposit equivalent to two to three months' rent, making the total upfront investment substantially higher than the monthly rental amount alone.

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

Chi Wo Street in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. Located in the heart of Causeway Bay's premier shopping district, Chi Wo Street connects major retail destinations including Times Square, SOGO department store, and numerous flagship boutiques, resulting in constant streams of shoppers, tourists, and office workers. Peak foot traffic occurs during weekends, public holidays, and evening hours from 6 PM to 10 PM when both locals and international visitors flock to the area for shopping and dining. The street's proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stops, contributes significantly to the heavy pedestrian flow as commuters use Chi Wo Street as a primary walkway to reach shopping centers and restaurants. During major sales events like Christmas, Chinese New Year, and summer shopping festivals, foot traffic on Chi Wo Street can become extremely congested, with walking speeds slowing considerably due to the sheer volume of people navigating the narrow sidewalks and numerous street-level retail entrances.