Shops for Rent on Man Siu Street, Hong Kong

Why rent a shop on Man Siu Street, Kowloon Bay, Hong Kong?

Renting a shop on Man Siu Street in Hong Kong offers a unique opportunity to tap into a vibrant retail environment steeped in history and local culture. Man Siu Street is located in a bustling area known for its traditional markets and proximity to historic sites like the Man Mo Temple, attracting both tourists and locals. Shops here benefit from high foot traffic and the appeal of a diverse customer base interested in textiles, antiques, and local crafts. The street’s blend of historic charm and modern commerce creates an ideal setting for businesses aiming to connect with customers seeking authentic Hong Kong shopping experiences. Additionally, renting a shop in this location allows retailers to participate in a community-oriented market atmosphere, maintaining strong cultural ties while accessing the commercial advantages of a central urban district.

How much does it cost to rent a shop on Man Siu Street, Kowloon Bay, Hong Kong?

The cost to rent a shop on Man Siu Street in Kowloon Bay, Hong Kong varies significantly depending on factors such as shop size, location along the street, and current market conditions. As of recent market data, retail rental prices in Kowloon Bay typically range from HK$15 to HK$35 per square foot per month for ground floor shops, with Man Siu Street properties generally falling within HK$18 to HK$28 per square foot monthly. For a typical 300-500 square foot retail space on Man Siu Street, tenants can expect monthly rental costs between HK$5,400 to HK$14,000, though prime corner units or larger spaces may command higher rates. Additional costs for renting a shop in Kowloon Bay include management fees, rates, government rent, and utility deposits, which can add approximately 15-25% to the base rental cost. Shop rental prices on Man Siu Street have remained relatively stable compared to prime Hong Kong retail districts, making it an attractive option for small businesses and local retailers seeking affordable commercial space in a well-connected industrial and commercial area with good transport links to Hong Kong Island and other parts of Kowloon.

What's the foot traffic like on Man Siu Street, Causeway Bay, Hong Kong?

Man Siu 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 locals and tourists. Located in one of Hong Kong's busiest commercial districts, Man Siu Street benefits from its proximity to major shopping centers like Times Square and Sogo, which contributes to steady pedestrian flow. The street typically sees increased activity during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and shoppers frequent the numerous restaurants, cafes, and retail outlets in the area. Weekends generally bring heavier foot traffic as Causeway Bay is a popular destination for shopping and dining, with Man Siu Street serving as a convenient thoroughfare connecting different parts of the district. The presence of the Causeway Bay MTR station nearby also ensures consistent pedestrian movement throughout the day, making Man Siu Street a relatively busy street with good visibility for businesses and commercial activities.