Shops for Rent on Hau Wo Street, Hong Kong
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Why rent a shop on Hau Wo Street, Kennedy Town, Hong Kong?
Renting a shop on Hau Wo Street in Hong Kong offers a strategic retail location in the vibrant Western District, attracting diverse local customers and benefiting from nearby residential and commercial developments. Hau Wo Street provides low-floor retail spaces that are well-suited for a variety of businesses, with units typically around 900 square feet, allowing for flexible store layouts. Its position in Kennedy Town, a dynamic area undergoing continuous growth, makes it an ideal choice for entrepreneurs seeking to tap into an active community with good access to public transportation and local amenities. Renting here can maximize brand exposure and customer footfall in one of Hong Kong’s evolving urban neighborhoods.
How much does it cost to rent a shop on Hau Wo Street, Kennedy Town, Hong Kong?
The cost to rent a shop on Hau Wo Street in Kennedy Town, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month, depending on the size, location within the street, and current market conditions. Ground floor retail spaces in this popular Kennedy Town location generally command higher rents due to excellent foot traffic and accessibility, with smaller shops of 300-500 square feet averaging HK$30,000 to HK$50,000 monthly, while larger commercial units can exceed HK$60,000 per month. Hau Wo Street shop rental prices have remained relatively stable compared to Central Hong Kong districts, making it an attractive option for small businesses and restaurants looking to establish a presence in Kennedy Town's vibrant commercial area. Factors affecting rental costs include proximity to Kennedy Town MTR station, street-level visibility, existing tenant mix, and lease terms, with most landlords requiring a security deposit equivalent to 2-3 months rent plus the first month's payment upfront.
What's the foot traffic like on Hau Wo Street, Causeway Bay, Hong Kong?
Hau Wo 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 the vibrant Causeway Bay district. The foot traffic on Hau Wo Street is significantly influenced by its proximity to major shopping destinations like Times Square, SOGO department store, and the popular Fashion Walk shopping complex, which draw considerable pedestrian flow to the surrounding streets. During weekdays, the street sees steady traffic from office workers and residents, while evenings and weekends bring increased activity as people visit the numerous restaurants, cafes, and retail outlets along Hau Wo Street and nearby areas. The pedestrian volume tends to peak between 12 PM to 2 PM during lunch hours and again from 6 PM to 9 PM when people finish work and engage in shopping and dining activities. As one of the connecting streets in the bustling Causeway Bay shopping district, Hau Wo Street benefits from the overall high pedestrian density that characterizes this prime Hong Kong retail and commercial zone, making it a consistently active area for both foot traffic and business opportunities.
