Shops for Rent on Kwan Yick Street, Hong Kong

Why rent a shop on Kwan Yick Street, Kennedy Town, Hong Kong?

Renting a shop on Kwan Yick Street in Hong Kong offers a strategic location within the Kennedy Town area, known for its vibrant community and excellent connectivity. Kwan Yick Building comprises multiple blocks with retail spaces available in a well-established neighborhood featuring a mix of residential units and a mall, attracting steady foot traffic. The area benefits from convenient transportation links and proximity to local amenities, making it ideal for retail businesses seeking exposure to diverse customer bases. Renting here also provides access to a growing market in a historic yet evolving district, balancing traditional charm and modern development. This combination of location, accessibility, and community makes Kwan Yick Street a desirable spot for commercial leasing in Hong Kong.

How much does it cost to rent a shop on Kwan Yick Street, Kennedy Town, Hong Kong?

Renting a shop on Kwan Yick Street in Kennedy Town, Hong Kong typically costs between HK$35,000 to HK$80,000 per month, depending on the size, location within the street, and condition of the property. Ground floor retail spaces on Kwan Yick Street Kennedy Town generally command higher rents due to better foot traffic and visibility, with prices averaging HK$50-70 per square foot monthly. Smaller shop units of 200-400 square feet may start from HK$30,000 monthly, while larger commercial spaces exceeding 800 square feet can reach HK$100,000 or more per month. The rental cost for shops on Kwan Yick Street has remained relatively stable compared to Central Hong Kong districts, making Kennedy Town an attractive option for retailers seeking affordable commercial space with good MTR connectivity. Additional costs to consider when renting retail space on Kwan Yick Street include management fees, rates, government rent, and utility deposits, which typically add 15-20% to the base monthly rent.

What's the foot traffic like on Kwan Yick Street, Causeway Bay, Hong Kong?

Kwan Yick 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 local residents and tourists. Located in one of Hong Kong's busiest commercial districts, Kwan Yick Street benefits from its proximity to major shopping centers like Times Square and SOGO, creating consistent pedestrian flow as visitors navigate between retail destinations. The street typically sees increased foot traffic during lunch hours as office workers from nearby buildings frequent local restaurants and shops, while evenings and weekends draw larger crowds of shoppers and diners exploring Causeway Bay's vibrant retail and dining scene. The pedestrian volume on Kwan Yick Street is generally heaviest during Hong Kong's peak tourist seasons and shopping periods, making it a relatively busy thoroughfare within the Causeway Bay area, though it may be less congested than the main arterial roads like Hennessy Road or Russell Street.