Shops for Rent on Shing Sai Road, Hong Kong

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

Renting a shop on Shing Sai Road in Hong Kong offers strategic advantages due to its location within the Eastern District, a vibrant and developing area on Hong Kong Island. This district combines residential, commercial, and industrial elements, attracting diverse consumer traffic and providing access to numerous large shopping malls, residential estates, hotels, and office buildings. The efficient transport infrastructure, including the Island Eastern Corridor, MTR Island line, and tram services, ensures excellent connectivity and eases customer accessibility. Additionally, the area's ongoing commercial growth and its mix of established neighborhoods with new developments make Shing Sai Road an appealing choice for businesses seeking exposure in a dynamic market with high foot traffic and proximity to key urban centers. These factors collectively enhance the retail potential and business opportunities for shops renting space on Shing Sai Road.

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

The cost to rent a shop on Shing Sai 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 retail space. Ground floor shops with good street visibility on Shing Sai Road command premium rents, often between HK$50 to HK$120 per square foot monthly, while upper floor commercial units may be available at lower rates starting from HK$30 per square foot. Kennedy Town has experienced significant gentrification following the MTR extension, making Shing Sai Road an increasingly popular retail destination with rising rental costs. Factors affecting shop rental prices on Shing Sai Road include proximity to Kennedy Town MTR station, foot traffic levels, shop frontage width, and nearby amenities. Small retail spaces of 200-400 square feet suitable for cafes or boutiques typically rent for HK$25,000 to HK$45,000 monthly, while larger shops exceeding 800 square feet can cost HK$60,000 to HK$100,000 per month. Prospective tenants should also budget for additional costs including rates, management fees, air conditioning charges, and security deposits equivalent to 2-3 months rent when planning to lease commercial space on Shing Sai Road in Kennedy Town.

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

Shing Sai Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. Located in the heart of Causeway Bay's prime shopping district, this road sees thousands of locals and tourists walking daily, particularly during weekends and holidays when foot traffic can become extremely congested. The street's popularity stems from its strategic location connecting major shopping destinations like Times Square, SOGO department store, and numerous fashion boutiques, restaurants, and entertainment venues. Peak foot traffic on Shing Sai Road typically occurs between 11 AM and 9 PM, with especially heavy pedestrian flow during lunch hours and evening shopping periods. Visitors should expect crowded sidewalks and slow-moving pedestrian traffic, especially near major intersections and popular retail outlets. The constant stream of shoppers, office workers, and tourists makes Shing Sai Road one of Hong Kong's most densely packed pedestrian thoroughfares, requiring patience when navigating through the area during busy periods.