Shops for Rent on Tong Mi Road, Hong Kong

Why rent a shop on Tong Mi Road, Mong Kok, Hong Kong?

Renting a shop on Tong Mi Road in Hong Kong offers a prime commercial opportunity due to its strategic location in Mong Kok, one of the busiest and most vibrant shopping districts in the city. Tong Mi Road benefits from heavy pedestrian and vehicle traffic, high visibility, and proximity to major transport hubs like Mong Kok MTR station, providing excellent access to both local residents and tourists. The area is surrounded by a mix of residential and commercial catchments, ensuring a steady flow of potential customers. Additionally, commercial buildings such as the 15-storey property at 25 Tong Mi Road are recently refurbished and cater to daily lifestyle needs including F&B, retail, education, and fitness services, making the road ideal for diverse business ventures. This combination of location, accessibility, and local amenities creates a favorable environment for retailers seeking to maximize exposure and customer reach in Hong Kong’s dynamic retail market.

How much does it cost to rent a shop on Tong Mi Road, Mong Kok, Hong Kong?

The cost to rent a shop on Tong Mi Road in Mong Kok, Hong Kong varies significantly depending on the shop size, location along the street, and current market conditions, with rental prices typically ranging from HK$80 to HK$200 per square foot per month for ground floor retail spaces. Tong Mi Road shop rental costs are influenced by its prime location in one of Hong Kong's busiest shopping districts, with smaller shops of 200-500 square feet commanding monthly rents between HK$30,000 to HK$80,000, while larger retail spaces can exceed HK$150,000 per month. The rental market on Tong Mi Road Mong Kok is highly competitive due to heavy foot traffic and proximity to major shopping areas like Ladies' Market and Fa Yuen Street, making it essential for prospective tenants to budget for additional costs including rates, management fees, and key money deposits that can range from 2-6 months' rent. When considering shop rental on Tong Mi Road, businesses should factor in the premium pricing for this coveted Mong Kok location, as the high rental costs are often offset by the substantial customer traffic and commercial opportunities available in this vibrant Hong Kong shopping district.

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

Tong Mi Road 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 establishments. Located in one of Hong Kong's busiest commercial districts, Tong Mi Road serves as a connector between major shopping areas, resulting in steady pedestrian flow from both local residents and international tourists exploring Causeway Bay's renowned shopping scene. The foot traffic on Tong Mi Road typically intensifies during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm, when office workers and shoppers navigate between the MTR station, shopping centers, and restaurants in the area. Weekends and public holidays see significantly higher pedestrian volumes on Tong Mi Road as tourists and locals visit popular attractions like Times Square, SOGO department store, and the numerous fashion boutiques that make Causeway Bay a premier shopping destination in Hong Kong. The street's proximity to Causeway Bay MTR station also contributes to consistent foot traffic throughout the day, making Tong Mi Road a bustling thoroughfare in this vibrant Hong Kong neighborhood.