Shops for Rent on Chun Yeung Street, Hong Kong

Why rent a shop on Chun Yeung Street, North Point, Hong Kong?

Chun Yeung Street in North Point, Hong Kong offers exceptional commercial rental opportunities for businesses seeking high foot traffic and authentic local market exposure. This vibrant street market location provides retailers with direct access to thousands of daily shoppers, including both local residents and tourists attracted to the famous wet market atmosphere. Renting a shop on Chun Yeung Street gives businesses the advantage of operating within one of Hong Kong's most photographed and culturally significant shopping districts, where the iconic tram line runs directly through the market creating unique visibility and brand exposure. The street's strategic location in North Point ensures excellent connectivity to major MTR stations and bus routes, making it easily accessible for customers throughout Hong Kong Island. With relatively affordable rental rates compared to Central or Causeway Bay, Chun Yeung Street offers cost-effective retail space while maintaining high customer volume, making it an ideal choice for food vendors, fresh produce sellers, small retailers, and businesses looking to establish themselves in Hong Kong's traditional market scene. The area's strong community presence and mix of residential and commercial properties ensures consistent daily traffic and repeat customers, providing stable revenue potential for shop operators.

How much does it cost to rent a shop on Chun Yeung Street, North Point, Hong Kong?

Renting a shop on Chun Yeung Street in North Point, Hong Kong typically costs between HK$15,000 to HK$80,000 per month, depending on the size, location along the street, and condition of the property. Ground floor retail spaces with street frontage command premium prices, often ranging from HK$40 to HK$120 per square foot monthly, while smaller units or those on upper floors may be available at lower rates. Chun Yeung Street is a popular traditional market street known for its wet market and local shops, making it an attractive location for food and beverage businesses, grocery stores, and traditional retail operations. The rental costs can vary significantly based on factors such as foot traffic, proximity to the MTR station, shop size ranging from 100 to 1,000 square feet, and whether utilities and management fees are included in the monthly rent. Prospective tenants should also budget for additional costs including security deposits equivalent to 2-3 months rent, government rates and taxes, and potential key money or premium payments to secure prime locations on this bustling North Point commercial street.

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

Chun Yeung 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. The street sees peak congestion during lunch hours (12-2 PM) and evening rush periods (6-8 PM) when office workers from nearby commercial buildings flood the area for dining and shopping. Weekend foot traffic on Chun Yeung Street is particularly intense, with both locals and tourists navigating the narrow walkways between the famous street market stalls and the MTR Island Line trains that run directly through the market. The unique setup where the tram tracks intersect with market vendors creates constant pedestrian movement as people dodge between moving trams while browsing produce stalls, restaurants, and shops. Visitors to Chun Yeung Street should expect crowded conditions year-round, with slightly lighter traffic during early morning hours (7-9 AM) and late evening (after 9 PM), though the street maintains steady pedestrian flow due to its strategic location connecting Causeway Bay MTR station to surrounding residential and commercial areas.