Shops for Rent on Pokfield Road, Hong Kong

Why rent a shop on Pokfield Road, Kennedy Town, Hong Kong?

Renting a shop on Pokfield Road, Hong Kong, offers a prime location advantage due to its proximity to the University of Hong Kong's new Pokfield Campus development, which includes modern academic, sports, and residential facilities. This area is becoming a vibrant hub with increased foot traffic from students, faculty, and visitors, creating excellent business opportunities. The ongoing multi-phase campus project, which features auditoriums, lecture theatres, sports complexes, and green leisure spaces, is expected to enhance the neighborhood’s appeal and attract a diverse community. Additionally, the convenient transport links, including the nearby Pokfield Road Bus Terminus, make it easily accessible, further supporting business visibility and customer flow for retail shops and services. This combination of strategic location, growing academic and residential presence, and transport convenience makes renting a shop on Pokfield Road a highly attractive commercial prospect in Hong Kong.

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

The cost to rent a shop on Pokfield Road in Kennedy Town, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month, depending on the size, location, and condition of the commercial space. Ground floor retail shops on Pokfield Road generally command higher rental prices due to better foot traffic and visibility, with prime locations near the Kennedy Town MTR station or main intersections often exceeding HK$60,000 monthly for spaces between 300-500 square feet. Smaller shop units of 200-300 square feet may be available for HK$25,000-HK$40,000 per month, while larger retail spaces exceeding 500 square feet can cost upwards of HK$80,000 monthly. Additional costs for renting a shop on Pokfield Road include management fees, rates, government rent, utility deposits, and typically a three-month rental deposit plus one month advance rent, making the initial investment approximately 4-6 times the monthly rental amount. Property agents in Kennedy Town recommend budgeting for renovation and fitting-out costs, which can range from HK$200-HK$500 per square foot depending on the business type and interior requirements.

What's the foot traffic like on Pokfield Road, Causeway Bay, Hong Kong?

Pokfield Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors frequent the nearby Times Square shopping mall and surrounding retail districts. Located in one of Hong Kong's busiest commercial areas, Pokfield Road serves as a connecting street between major shopping destinations, resulting in consistent pedestrian flow from both locals and tourists exploring Causeway Bay's vibrant retail scene. The foot traffic tends to be heaviest during lunch hours from 12pm to 2pm when office workers visit nearby restaurants, and again in the evenings from 6pm to 9pm when shoppers and diners congregate in the area. Weekend foot traffic on Pokfield Road typically increases significantly as families and tourists explore the numerous shopping centers, department stores, and dining establishments that make Causeway Bay one of Hong Kong's premier retail destinations. The street's proximity to Causeway Bay MTR station also contributes to steady pedestrian traffic as commuters and visitors use it as a thoroughfare to access various commercial venues in the district.