Shops for Rent on Po Shan Road, Hong Kong
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Why rent a shop on Po Shan Road, Mid-Levels, Hong Kong?
Renting a shop on Po Shan Road in Hong Kong offers a prime location in the prestigious Mid-Levels West area, known for its exclusivity, proximity to greenery, and stunning panoramic views, including sights of Victoria Harbour and Victoria Peak. This area benefits from a blend of high-end residential communities and nearby commercial facilities, attracting affluent residents and visitors. Po Shan Road's unique position on a natural slope ensures excellent visibility and foot traffic for retail businesses, while its quiet and upscale environment enhances brand prestige. Additionally, being close to landmarks such as the University of Hong Kong and surrounded by green hillsides makes it highly attractive for retailers seeking a premium setting with accessibility to both locals and tourists. These factors combine to create an ideal spot for shops aiming to capitalize on high-quality clientele and a distinctive location within Hong Kong Island’s sought-after Mid-Levels West district.
How much does it cost to rent a shop on Po Shan Road, Mid-Levels, Hong Kong?
Renting a shop on Po Shan Road in Mid-Levels, Hong Kong typically costs between HK$80 to HK$200 per square foot per month, depending on the specific location, size, and condition of the retail space. Po Shan Road shop rental prices are influenced by factors such as proximity to the Mid-Levels escalator, foot traffic levels, and the overall demand for commercial properties in this prestigious Mid-Levels district. Ground floor retail spaces on Po Shan Road generally command higher rental rates due to better visibility and accessibility, while smaller boutique shops may range from HK$30,000 to HK$100,000 monthly for spaces between 300-500 square feet. The exact cost to rent a shop on Po Shan Road will also depend on lease terms, included utilities, management fees, and whether the property requires significant renovation or comes ready for immediate occupancy. Prospective tenants should budget for additional costs including security deposits equivalent to 2-3 months rent, legal fees, and government stamp duty when calculating the total investment required for opening a retail business on this sought-after Hong Kong street.
What's the foot traffic like on Po Shan Road, Causeway Bay, Hong Kong?
Po Shan Road in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout most of the day, particularly during peak shopping hours between 11 AM and 9 PM when the area's numerous retail outlets, restaurants, and entertainment venues draw both locals and tourists. The pedestrian flow on Po Shan Road is heaviest during weekends and public holidays, as visitors flock to nearby shopping destinations like Times Square, Sogo department store, and the Fashion Walk complex. Weekday foot traffic remains consistently busy due to the street's proximity to Causeway Bay MTR station and its position as a key connector between major shopping districts. The evening hours typically see increased pedestrian activity as office workers and residents visit the area's dining establishments and nightlife venues. During major shopping seasons such as Chinese New Year, Christmas, and summer sales periods, Po Shan Road can become significantly congested with pedestrian traffic, making it one of the busier secondary streets in the Causeway Bay commercial district.