Shops for Rent on Park Road, Hong Kong

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

Renting a shop on Park Road, Hong Kong, offers prime access to one of the city's most vibrant and prestigious shopping locations, attracting both locals and tourists. Situated near key areas like Tsim Sha Tsui and adjacent to Kowloon Park, Park Road benefits from excellent foot traffic and connectivity through nearby MTR stations, making it an ideal spot for retailers seeking visibility and a steady stream of potential customers. The area is known for its mix of upscale boutiques, luxury brands, and gourmet dining options, appealing to fashion-forward shoppers and high-end consumers. This diversity creates a dynamic retail environment that helps businesses thrive by catering to a wide range of tastes and spending power. Additionally, the boulevard's reputation as a luxury and lifestyle hub enhances brand prestige for shops located there, offering not just a commercial space but a strategic position within Hong Kong's competitive retail market. Therefore, renting a shop on Park Road combines strategic location, access to affluent shoppers, and a prestigious business address, all essential factors for retail success in Hong Kong.

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

Renting a shop on Park Road in Mid-Levels, Hong Kong typically costs between HK$80 to HK$200 per square foot per month, depending on the specific location, shop size, and floor level. Ground floor retail spaces on Park Road command premium rates of HK$150 to HK$200 per square foot monthly due to high foot traffic and excellent visibility, while upper floor commercial units may range from HK$80 to HK$120 per square foot per month. The total monthly rent for a typical 500 to 1,000 square foot shop on Park Road Mid-Levels can range from HK$40,000 to HK$200,000, with prime street-facing locations near the escalator system attracting the highest rental prices. Additional costs for renting a Park Road shop include management fees of 5-10% of rent, security deposits equivalent to 2-3 months rent, and government rates and utilities, making the total occupancy cost approximately 15-20% higher than the base rental rate.

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

Park 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 premier shopping district, Park Road sees constant streams of locals and tourists moving between major attractions like Times Square, SOGO department store, and Hysan Place. The foot traffic on Park Road typically peaks during lunch hours from 12pm to 2pm and evening shopping hours from 6pm to 9pm, when thousands of shoppers, office workers, and visitors navigate the area. Weekends and public holidays see significantly increased pedestrian volume as families and tourists explore the numerous retail outlets, restaurants, and entertainment venues along Park Road. The street's strategic position connecting major MTR exits with popular shopping destinations ensures continuous foot traffic from early morning until late evening, with particularly dense crowds during Hong Kong's peak shopping seasons and festivals. Visitors to Park Road should expect crowded sidewalks and slow-moving pedestrian traffic, especially near major intersections and popular store entrances, as this area consistently ranks among Hong Kong's most congested pedestrian zones.