Shops for Rent on Ching Lin Terrace, Hong Kong

Why rent a shop on Ching Lin Terrace, Kennedy Town, Hong Kong?

Renting a shop on Ching Lin Terrace, Hong Kong, offers a strategic opportunity due to its desirable location in the Western District's Kennedy Town area, which is known for its vibrant community and growing commercial potential. The terrace provides access to a diverse customer base in a bustling neighborhood that combines residential charm with increasing business activity. Additionally, shops on Ching Lin Terrace benefit from stable property conditions and proximity to key urban amenities, making it an attractive choice for entrepreneurs aiming to establish a presence in a dynamic and accessible part of Hong Kong. This combination of location, community, and commercial viability makes renting a shop on Ching Lin Terrace a smart investment for retail and service businesses looking to thrive in a well-connected district.

How much does it cost to rent a shop on Ching Lin Terrace, Kennedy Town, Hong Kong?

The cost to rent a shop on Ching Lin Terrace in Kennedy Town, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month, depending on the size, condition, and exact location of the commercial space. Ground floor retail shops on Ching Lin Terrace generally command higher rental rates due to better street visibility and foot traffic, with average costs between HK$40-60 per square foot monthly. Smaller shops of 200-400 square feet may rent for HK$25,000-35,000 per month, while larger retail spaces exceeding 800 square feet can cost HK$60,000-80,000 monthly. Kennedy Town's growing popularity as a residential and commercial hub has driven up commercial property prices in recent years, making Ching Lin Terrace shop rentals competitive compared to other areas in the Western District. Factors affecting rental costs include proximity to the MTR station, building age, renovation requirements, and lease terms, with most landlords requiring a security deposit equivalent to 2-3 months rent plus the first month's rent in advance when signing a commercial lease agreement.

What's the foot traffic like on Ching Lin Terrace, Causeway Bay, Hong Kong?

Ching Lin Terrace 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 retail districts, this street benefits from the constant flow of shoppers, tourists, and office workers moving between Times Square, Sogo department store, and other major attractions in Causeway Bay. The foot traffic on Ching Lin Terrace typically peaks during lunch hours from 12pm to 2pm when nearby office workers seek dining options, and again during evening hours from 6pm to 9pm as residents and visitors explore the area's restaurants and entertainment venues. Weekends see significantly higher pedestrian volumes as both locals and tourists frequent the numerous shops, cafes, and businesses along the street. The proximity to Causeway Bay MTR station ensures steady foot traffic throughout the day, making Ching Lin Terrace an attractive location for retail businesses and restaurants looking to capitalize on the heavy pedestrian flow characteristic of this prime Hong Kong shopping district.