Shops for Rent on Yim Po Fong Street, Hong Kong

Why rent a shop on Yim Po Fong Street, Mong Kok, Hong Kong?

Renting a shop on Yim Po Fong Street in Hong Kong offers unique advantages due to its prime location in Mong Kok, one of the city's busiest and most vibrant shopping districts. Yim Po Fong Street is historically known as "Dyeing Mill Street," reflecting its heritage in the textile industry, and today it attracts steady foot traffic from locals and tourists alike. The street is close to well-known shopping areas such as the Flower Market, Goldfish Market, and Ladies’ Market, which draws diverse crowds interested in fashion, daily necessities, plants, and pet supplies. This strategic position supports high visibility and accessibility for retail businesses, especially those catering to specialty products, hobbies, and services connected to the nearby schools and community. By renting a shop here, businesses can benefit from the eclectic mix of traditional markets, modern shopping malls, and dense pedestrian flow inherent to Mong Kok, maximizing potential sales and brand exposure.

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

The cost to rent a shop on Yim Po Fong Street in Mong Kok, Hong Kong typically ranges from 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 Yim Po Fong Street command premium prices due to high foot traffic and excellent visibility, with prime locations potentially reaching HK$250 per square foot monthly. Upper floor shops generally offer more affordable rental rates, starting from HK$60 per square foot per month. Factors affecting rental costs on Yim Po Fong Street include proximity to MTR stations, shop size, lease terms, and current market conditions in the Mong Kok district. Small retail units of 200-500 square feet are most common on this street, making it an attractive option for boutique stores, restaurants, and local businesses. Prospective tenants should budget for additional costs including management fees, rates, government rent, and utility deposits when calculating total occupancy expenses for Yim Po Fong Street shop rentals.

What's the foot traffic like on Yim Po Fong Street, Causeway Bay, Hong Kong?

Yim Po Fong Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area attracts both local residents and tourists. Located in one of Hong Kong's busiest commercial districts, this street benefits from its proximity to major shopping centers, restaurants, and the Causeway Bay MTR station, which generates consistent pedestrian flow. The foot traffic on Yim Po Fong Street typically increases during lunch hours as office workers from nearby buildings visit local eateries, and again in the evening when people explore the vibrant dining and entertainment options in Causeway Bay. Weekends see the heaviest pedestrian activity as shoppers and visitors flock to the area's numerous retail outlets, department stores, and street-level shops. The street's connection to the broader Causeway Bay pedestrian network means it serves as both a destination and a thoroughfare for people moving between major attractions like Times Square, SOGO department store, and the various side streets filled with local businesses, making it a consistently busy pedestrian corridor in this densely populated Hong Kong district.