Shops for Rent on Hamilton Street, Hong Kong

Why rent a shop on Hamilton Street, Mong Kok, Hong Kong?

Renting a shop on Hamilton Street, Hong Kong offers a strategic advantage due to its vibrant commercial activity and strong foot traffic in the bustling Yau Ma Tei area. Hamilton Street is known for its diverse mix of retail shops and eateries, attracting both locals and tourists looking for authentic products and dining experiences. This location provides excellent visibility and accessibility, making it ideal for businesses seeking exposure in a popular shopping district. Furthermore, being in proximity to other well-frequented streets in Mong Kok enhances customer reach and potential sales, especially with nearby markets and trendy sneaker stores contributing to the area's dynamic retail environment. Choosing Hamilton Street allows retailers to capitalize on Hong Kong’s energetic urban market and diverse consumer base.

How much does it cost to rent a shop on Hamilton Street, Mong Kok, Hong Kong?

Renting a shop on Hamilton Street in Mong Kok, Hong Kong typically costs between HK$80 to HK$200 per square foot per month, depending on the specific location, floor level, and shop condition. Ground floor retail spaces on Hamilton Street command premium rents due to high foot traffic and excellent visibility, with prime locations near the Mong Kok MTR station or major intersections reaching the upper end of this range. Upper floor shops generally offer more affordable rental rates, starting from around HK$50 to HK$100 per square foot monthly. The total monthly rent for a typical 200-400 square foot shop on Hamilton Street ranges from HK$16,000 to HK$80,000, making it one of the more accessible commercial areas in Mong Kok compared to nearby Nathan Road or Sai Yeung Choi Street. Factors affecting rental prices include proximity to public transport, building age, shop frontage width, and current market demand, with landlords typically requiring a security deposit equivalent to 2-3 months rent plus the first month's rent in advance.

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

Hamilton Street 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, Hamilton Street connects major retail destinations including Times Square, SOGO department store, and numerous fashion boutiques, resulting in constant streams of both local residents and international tourists. Peak foot traffic occurs during weekends, public holidays, and evening hours between 6 PM to 9 PM when office workers and shoppers converge on the area. The street's proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stops, contributes significantly to the heavy pedestrian flow as commuters and visitors use Hamilton Street as a primary walking route to access shopping malls, restaurants, and entertainment venues. During major shopping seasons like Chinese New Year, Golden Week holidays, and Christmas, foot traffic on Hamilton Street can become extremely congested, with pedestrian density reaching levels comparable to Tokyo's Shibuya crossing, making it essential for visitors to plan extra travel time when navigating this popular Causeway Bay thoroughfare.