Shops for Rent on May Road, Hong Kong

Why rent a shop on May Road, Mid-Levels, Hong Kong?

Renting a shop on May Road, Hong Kong, offers a prime location advantage in the prestigious Mid-Levels Central area, known for its upscale residential and business environment. May Road is situated above the Central business district, close to key landmarks and financial hubs, making it ideal for attracting affluent customers and professionals. The area benefits from excellent transportation links, including buses and taxis, ensuring ease of access. Furthermore, May Road’s proximity to luxury high-rise developments and panoramic views enhances its appeal for premium retail or boutique businesses seeking a prestigious address in a dynamic urban setting. This combination of location, accessibility, and exclusivity makes renting a shop on May Road a strategic choice for businesses targeting high-end markets in Hong Kong.

How much does it cost to rent a shop on May Road, Mid-Levels, Hong Kong?

The cost to rent a shop on May Road in Mid-Levels, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, shop size, and street-level accessibility. May Road commercial rental prices vary significantly based on factors such as proximity to the Mid-Levels escalator, foot traffic volume, and whether the shop has ground floor frontage or is located on upper floors. Smaller retail spaces of 200-500 square feet on May Road generally command higher per-square-foot rates, while larger commercial units may offer more competitive pricing. Prime street-level shops with high visibility near popular restaurants and cafes can reach the upper end of the rental range, while basement or upper-floor commercial spaces typically rent for 20-40% less than ground floor units. Property management fees, government rates, and utilities are usually additional costs on top of the base rent for May Road commercial properties. For the most current May Road shop rental rates, potential tenants should consult local commercial real estate agents who specialize in Mid-Levels properties, as Hong Kong commercial rents fluctuate frequently based on market conditions and economic factors.

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

May Road in Causeway Bay, Hong Kong experiences 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 prime shopping district, May Road connects major retail destinations including Times Square, SOGO department store, and numerous fashion boutiques, resulting in constant streams of shoppers, tourists, and office workers. Peak foot traffic occurs during lunch hours from 12pm to 2pm when nearby office workers flood the area, and again during evening hours from 6pm to 9pm as people finish work and engage in shopping and dining activities. Weekends see particularly intense pedestrian congestion as both locals and tourists visit Causeway Bay's renowned shopping centers, with foot traffic often reaching capacity levels that require careful navigation. The street's proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stops, contributes significantly to the high pedestrian volume as commuters use May Road as a primary walking route to access shopping malls, restaurants, and entertainment venues in the area.