Shops for Rent on Sai Ning Street, Hong Kong
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Why rent a shop on Sai Ning Street, Kennedy Town, Hong Kong?
Renting a shop on Sai Ning Street in Hong Kong offers a strategic location in the vibrant Western District of Kennedy Town, known for its combination of historical charm and modern redevelopment. Sai Ning Street is part of an area that has evolved into a popular commercial and industrial neighborhood, attracting a mix of retail stores, creative spaces, and small businesses. Its proximity to bustling residential districts and recent infrastructural improvements, including the nearby MTR station, increases foot traffic and customer accessibility. Additionally, the street’s blend of industrial heritage and contemporary use makes it ideal for businesses seeking an authentic yet dynamic setting, supported by well-maintained properties suitable for retail. Renting here provides access to a community that balances local authenticity with growing commercial opportunities, making Sai Ning Street a practical choice for shop rental in Hong Kong.
How much does it cost to rent a shop on Sai Ning Street, Kennedy Town, Hong Kong?
The cost to rent a shop on Sai Ning Street in Kennedy Town, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month, depending on the shop size, location within the street, and current market conditions. Ground floor retail spaces on Sai Ning Street Kennedy Town generally command higher rents due to better foot traffic and visibility, with prime corner units potentially exceeding HK$100,000 monthly. Smaller shops of 200-400 square feet may rent for HK$25,000 to HK$45,000 per month, while larger commercial spaces of 800-1,200 square feet can cost HK$60,000 to HK$80,000 monthly. The rental prices on Sai Ning Street have remained relatively stable compared to Central Hong Kong districts, making Kennedy Town an attractive option for businesses seeking affordable retail space with good transport links via the MTR Island Line. Additional costs to consider when renting a shop on Sai Ning Street include management fees, rates, government rent, and utilities, which typically add 15-25% to the base rental cost.
What's the foot traffic like on Sai Ning Street, Causeway Bay, Hong Kong?
Sai Ning Street in Causeway Bay, Hong Kong experiences consistently heavy foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. Located in the heart of Causeway Bay's premier shopping district, this street sees thousands of visitors daily, particularly during weekends and holidays when both locals and tourists flock to the area for shopping and dining. The foot traffic on Sai Ning Street peaks during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm, as office workers and shoppers navigate between the numerous shopping malls, restaurants, and retail outlets that line the street. The presence of major shopping destinations like Times Square, SOGO department store, and numerous fashion boutiques ensures a constant flow of pedestrians, with foot traffic remaining substantial even during weekday mornings and late evenings. Visitors to Sai Ning Street should expect crowded sidewalks and busy crossings, especially near the MTR Causeway Bay station entrance, making it essential to allow extra time when walking through this densely populated commercial area.