Shops for Rent on Ka Wai Man Road, Hong Kong

Why rent a shop on Ka Wai Man Road, Kennedy Town, Hong Kong?

Renting a shop on Ka Wai Man Road in Hong Kong offers strategic advantages due to its prime location in Kennedy Town, a district undergoing significant urban redevelopment and infrastructure enhancement. Ka Wai Man Road benefits from ongoing public housing projects, improved road networks, and proximity to residential communities, which ensures a steady flow of local customers. The area is well-served by recent site formation and infrastructure works that enhance access and connectivity, making it attractive for retail businesses looking for growth opportunities in a developing neighborhood. Additionally, the mix of residential and community-oriented land use around Ka Wai Man Road supports diverse business types, creating strong commercial potential for shop tenants seeking visibility and customer engagement in a vibrant urban setting.

How much does it cost to rent a shop on Ka Wai Man Road, Kennedy Town, Hong Kong?

The cost to rent a shop on Ka Wai Man Road 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 on Ka Wai Man Road generally command higher rents due to better visibility and foot traffic, with smaller units of 200-400 square feet averaging HK$30,000-50,000 monthly, while larger commercial spaces exceeding 800 square feet can reach HK$60,000-80,000 per month. The rental rates on Ka Wai Man Road have remained relatively stable compared to other areas in Kennedy Town, making it an attractive option for small businesses and retail outlets. Factors affecting shop rental prices include proximity to the Kennedy Town MTR station, street-level accessibility, building age and condition, and the presence of nearby commercial establishments. Prospective tenants should also budget for additional costs such as rates, management fees, utility deposits, and potential key money or premium payments that may be required when securing a retail lease on Ka Wai Man Road in Kennedy Town.

What's the foot traffic like on Ka Wai Man Road, Causeway Bay, Hong Kong?

Ka Wai Man Road in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout the day, particularly during peak shopping hours and weekends. Located in one of Hong Kong's busiest commercial districts, this road connects major shopping areas and attracts both locals and tourists heading to nearby attractions like Times Square, SOGO department store, and various restaurants and retail outlets. The foot traffic on Ka Wai Man Road typically increases significantly during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and shoppers frequent the area. Weekends see the highest pedestrian volume as Causeway Bay is a popular destination for shopping and dining. The road's proximity to Causeway Bay MTR station also contributes to consistent pedestrian flow throughout the day, making it a bustling thoroughfare in this vibrant Hong Kong shopping district. Visitors should expect crowded sidewalks especially during public holidays and major shopping events when Causeway Bay attracts even larger crowds.