Shops for Rent on Man Hong Street, Hong Kong

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

Man Hong Street in North Point, Hong Kong offers exceptional retail opportunities for businesses seeking prime commercial space in one of the city's most vibrant districts. Located in the heart of North Point, this bustling street provides excellent foot traffic from both local residents and tourists, making it an ideal location for retail shops, restaurants, and service businesses. The area benefits from excellent transportation links with multiple MTR stations nearby, ensuring easy accessibility for customers throughout Hong Kong Island. Man Hong Street's strategic position near traditional wet markets, shopping centers, and residential complexes creates a diverse customer base with strong spending power. The street maintains reasonable rental rates compared to Central or Causeway Bay while still offering high visibility and commercial potential. Business owners can capitalize on the authentic local atmosphere that attracts both Hong Kong residents and international visitors looking for genuine local experiences. The mixed-use development in the surrounding area includes office buildings, residential towers, and commercial establishments, ensuring consistent daily traffic flow. North Point's reputation as a foodie destination and cultural hub makes Man Hong Street particularly attractive for F&B businesses and specialty retail stores. The area's ongoing urban development and infrastructure improvements continue to enhance its commercial appeal, making it a smart long-term investment for retailers seeking growth opportunities in Hong Kong's competitive market.

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

The cost to rent a shop on Man Hong Street in North Point, Hong Kong typically ranges from HK$30 to HK$80 per square foot per month, depending on the specific location, shop size, and condition of the property. Ground floor retail spaces on Man Hong Street generally command higher rental rates due to better foot traffic and visibility, with prime locations near the North Point MTR station or major intersections potentially reaching HK$100 per square foot monthly. Smaller retail units of 200-500 square feet may cost between HK$15,000 to HK$40,000 per month, while larger commercial spaces exceeding 1,000 square feet can range from HK$50,000 to HK$150,000 monthly. Factors affecting rental prices on Man Hong Street include proximity to public transportation, pedestrian flow, nearby commercial developments, and the overall condition of the building. Prospective tenants should also budget for additional costs such as management fees, rates, government rent, and security deposits equivalent to 2-3 months rent when calculating the total cost of renting a shop in this popular North Point commercial area.

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

Man Hong Street in Causeway Bay, Hong Kong experiences heavy foot traffic throughout most of the day, making it one of the busiest pedestrian areas in the district. Located in the heart of Causeway Bay's premier shopping zone, this street sees consistent crowds from morning until late evening, with peak periods typically occurring during lunch hours from 12pm to 2pm and again in the evening from 6pm to 9pm when office workers and tourists frequent the numerous restaurants, cafes, and retail establishments. The foot traffic on Man Hong Street is particularly dense on weekends and public holidays when both locals and international visitors explore the area's diverse dining options and shopping opportunities. The street's proximity to major shopping centers like Times Square and Sogo, combined with its excellent MTR connectivity via Causeway Bay Station, contributes to the constant flow of pedestrians throughout the week. Visitors planning to walk along Man Hong Street should expect crowded conditions and slower walking speeds, especially during meal times and evening hours when the street's popular eateries and entertainment venues are at their busiest.