Shops for Rent on Li Po Lung Path, Hong Kong

Why rent a shop on Li Po Lung Path, Kennedy Town, Hong Kong?

Renting a shop on Li Po Lung Path in Hong Kong offers a strategic location in the vibrant Western District, specifically Kennedy Town, known for its mix of historic charm and modern development. Li Po Lung Path is situated in an area with rich cultural heritage linked to prominent local figures like Li Po Lung, whose legacy influences the district's appeal. The street benefits from good accessibility, mixed-use developments such as Po Lung House, and proximity to residential communities, making it attractive for retail businesses looking to serve both locals and visitors. This combination of cultural significance, strategic location, and community presence makes renting a shop on Li Po Lung Path an excellent opportunity for businesses seeking visibility and foot traffic in a growing urban neighborhood.

How much does it cost to rent a shop on Li Po Lung Path, Kennedy Town, Hong Kong?

The cost to rent a shop on Li Po Lung Path in Kennedy Town, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month, depending on the shop size, location along the street, and current market conditions. Ground floor retail spaces on Li Po Lung Path generally command higher rents due to better foot traffic and visibility, with shops near the Kennedy Town MTR station often priced at a premium. Smaller shops of 200-400 square feet may rent for HK$25,000 to HK$45,000 monthly, while larger retail units exceeding 800 square feet can cost HK$60,000 to HK$80,000 or more per month. Additional costs for renting a shop on Li Po Lung Path include management fees, rates, government rent, utilities, and typically a security deposit equivalent to 2-3 months rent. Kennedy Town has experienced significant development and gentrification in recent years, which has influenced commercial rental prices along Li Po Lung Path, making it important for prospective tenants to work with local real estate agents who understand current market rates and can negotiate favorable lease terms for retail properties in this popular Hong Kong district.

What's the foot traffic like on Li Po Lung Path, Causeway Bay, Hong Kong?

Li Po Lung Path in Causeway Bay, Hong Kong experiences moderate foot traffic throughout the day, with peak pedestrian activity occurring during morning and evening rush hours when commuters use this pathway to connect between different areas of the bustling Causeway Bay district. Located in one of Hong Kong's most vibrant shopping and commercial areas, the foot traffic on Li Po Lung Path varies significantly depending on the time of day and proximity to major attractions like Times Square, SOGO department store, and the numerous restaurants and retail outlets that Causeway Bay is famous for. Weekends typically see higher pedestrian volume as both locals and tourists explore the area, while weekday traffic consists primarily of office workers, residents, and shoppers navigating between the MTR stations and commercial buildings. The path serves as an important pedestrian corridor connecting different parts of Causeway Bay, making it a consistently used walkway though generally less congested than the main shopping streets like Russell Street or Hennessy Road, providing a relatively comfortable walking experience for those familiar with Hong Kong's typically busy urban environment.