Shops for Rent on Kam Lam Street, Hong Kong

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

Renting a shop on Kam Lam Street in Hong Kong offers strategic advantages due to its prime location in the bustling Mong Kok area, known for high foot traffic and vibrant commercial activity. This street features well-maintained buildings like the Kwong Yuen Building, which has undergone recent rehabilitation works including concrete repair, electrical upgrades, and improved facilities, ensuring a quality retail environment. Choosing Kam Lam Street enables businesses to tap into a diverse customer base in Yau Tsim Mong District, benefiting from a lively neighborhood ideal for retail, food and beverage, and service industries. Its accessibility, combined with ongoing urban improvements, makes Kam Lam Street an attractive option for establishing a shop in one of Hong Kong's busiest shopping districts.

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

The cost to rent a shop on Kam Lam Street in Mong Kok, Hong Kong typically ranges from 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 Kam Lam Street command premium prices due to high foot traffic and excellent visibility, with monthly rents often exceeding HK$150 per square foot for prime locations near the junction with major roads. Upper floor commercial units generally offer more affordable options, ranging from HK$80 to HK$120 per square foot monthly. Additional costs for renting a shop on Kam Lam Street include government rates, management fees, utilities, and typically a security deposit equivalent to 2-3 months' rent. The exact rental price varies significantly based on factors such as shop condition, lease terms, nearby competition, and current market demand in this bustling Mong Kok commercial district. Prospective tenants should budget for total occupancy costs of approximately 20-30% above the base rent when calculating their investment for a Kam Lam Street retail space.

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

Kam Lam Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors flock to the nearby Times Square shopping mall and surrounding retail districts. The pedestrian flow on Kam Lam Street is consistently busy due to its strategic location connecting major shopping areas in Causeway Bay, with the heaviest congestion occurring between 11 AM and 9 PM when both locals and tourists navigate between the MTR station, department stores, and popular dining establishments. Foot traffic tends to intensify during lunch hours as office workers from nearby commercial buildings frequent the street's restaurants and cafes, while evenings see increased activity from shoppers and diners exploring Causeway Bay's vibrant retail and entertainment scene. The street's proximity to Causeway Bay MTR station ensures steady pedestrian movement throughout operating hours, making Kam Lam Street one of the well-traversed thoroughfares in this bustling Hong Kong shopping district.