Shops for Rent on Chung Yee Street, Hong Kong

Why rent a shop on Chung Yee Street, Jordan, Hong Kong?

Renting a shop on Chung Yee Street in Hong Kong is an excellent choice due to its prime location near Central, the city’s central business district known for its bustling commerce and high foot traffic. Chung Yee Street offers proximity to key commercial areas like Central, Wan Chai, and Causeway Bay, ensuring access to a diverse customer base including office workers, tourists, and residents. The area benefits from excellent transport links, including nearby MTR stations and ferry piers, making it convenient for shoppers and business owners alike. Additionally, Chung Yee Street's vicinity to popular retail outlets, dining options, and vibrant entertainment districts enhances the appeal for retailers aiming to capitalize on dynamic urban activity and strong spending power. This strategic position supports business growth and brand exposure, making it a sought-after location for renting shops in Hong Kong.

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

The cost to rent a shop on Chung Yee Street in Jordan, Hong Kong typically ranges from HK$15,000 to HK$45,000 per month, depending on the size, condition, and exact location of the commercial space. Ground floor retail shops on Chung Yee Street Jordan generally command higher rental prices due to better street visibility and foot traffic, while upper floor commercial units may be available at more affordable rates starting from HK$12,000 monthly. Factors affecting shop rental costs on Chung Yee Street include proximity to Jordan MTR station, floor level, shop size measured in square feet, building age, and whether the unit comes with existing fixtures or requires renovation. Small retail spaces of 200-400 square feet are most common in this Jordan district location, with rental rates averaging HK$80-120 per square foot annually. Business owners looking to rent shops on Chung Yee Street should also budget for additional costs including government rates, management fees, utility deposits, and typically two to three months rent as security deposit when signing commercial lease agreements in Hong Kong.

What's the foot traffic like on Chung Yee Street, Causeway Bay, Hong Kong?

Chung Yee Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends. Located in one of Hong Kong's busiest commercial districts, this street benefits from the constant flow of shoppers, tourists, and office workers moving between major shopping centers like Times Square, SOGO, and various retail outlets in the Causeway Bay area. The foot traffic on Chung Yee Street typically peaks during lunch hours from 12pm to 2pm when office workers seek dining options, and again in the evening from 6pm to 9pm as people finish work and engage in shopping or entertainment activities. Weekends see particularly heavy pedestrian traffic as both locals and tourists explore the numerous shops, restaurants, and entertainment venues along the street. The street's proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stations, ensures a steady stream of pedestrians throughout operating hours, making Chung Yee Street a prime location for retail businesses seeking high visibility and customer exposure in Hong Kong's retail landscape.