Shops for Rent on Hau Yuen Path, Hong Kong

Why rent a shop on Hau Yuen Path, North Point, Hong Kong?

Renting a shop on Hau Yuen Path in Hong Kong offers unique opportunities due to its strategic location near prominent educational institutions like the Chinese International School (CIS), which is undergoing significant redevelopment and expansion at 9 Hau Yuen Path. This area is evolving as a vibrant community hub expected to attract increased foot traffic from students, families, and faculty, boosting business visibility and customer flow. Additionally, Hau Yuen Path's proximity to reputable schools and upcoming modern facilities that promote innovation and intercultural engagement make it an ideal location for retail businesses targeting diverse and affluent clientele. Renting here not only capitalizes on the academic community's growth but also benefits from Hong Kong Government-supported redevelopment projects, ensuring long-term value and enhanced economic activity in the neighborhood.

How much does it cost to rent a shop on Hau Yuen Path, North Point, Hong Kong?

The cost to rent a shop on Hau Yuen Path in North Point, Hong Kong varies significantly depending on factors such as shop size, location along the street, and current market conditions. Ground floor retail spaces on Hau Yuen Path typically range from HK$25,000 to HK$80,000 per month for smaller units of 200-500 square feet, while larger premium locations can command monthly rents of HK$100,000 to HK$200,000 or more. The rental rates on Hau Yuen Path North Point are generally lower than prime Central or Causeway Bay locations but remain competitive due to the area's strong foot traffic and established local community. Shop rental costs in this North Point location also depend on whether the unit includes upper floors, street frontage visibility, and proximity to the North Point MTR station. Prospective tenants should expect additional costs including management fees, rates, government rent, and security deposits equivalent to 2-3 months' rent when budgeting for a Hau Yuen Path shop rental in Hong Kong.

What's the foot traffic like on Hau Yuen Path, Causeway Bay, Hong Kong?

Hau Yuen Path in Causeway Bay, Hong Kong experiences moderate foot traffic throughout the day, with peak pedestrian activity occurring during lunch hours and evening rush periods when office workers and shoppers navigate between the bustling commercial areas. Located in one of Hong Kong's premier shopping and business districts, Hau Yuen Path serves as a connector street that sees steady pedestrian flow from tourists visiting nearby attractions, local residents, and workers commuting to offices in the Causeway Bay area. The foot traffic on Hau Yuen Path is generally lighter compared to major thoroughfares like Russell Street or Hennessy Road, making it a relatively quieter walking route while still maintaining accessibility to Causeway Bay's shopping centers, restaurants, and MTR stations. Weekends typically bring increased pedestrian activity as visitors explore the neighborhood's retail offerings, while weekday mornings and late evenings tend to have the lowest foot traffic levels on this Causeway Bay street.