Shops for Rent on Tong Shui Road, Hong Kong

Why rent a shop on Tong Shui Road, North Point, Hong Kong?

Renting a shop on Tong Shui Road in Hong Kong offers strategic advantages due to its prime location in North Point, a bustling commercial and retail area on Hong Kong Island. Tong Shui Road runs from Victoria Harbour to King's Road and is close to key transport links, including the North Point terminus of the Hong Kong Tramways, making it highly accessible for shoppers and commuters. The area is vibrant with diverse economic activities, enhanced pedestrian schemes, and proximity to markets such as North Point Market and Marble Road, which contribute to strong foot traffic and a dynamic retail environment. Additionally, the area’s history and ongoing development on reclaimed land add to its unique character and commercial appeal for businesses looking to establish a presence in a well-connected and thriving district. Renting a shop here provides exposure to a wide customer base and integration into one of Hong Kong’s active retail hubs.

How much does it cost to rent a shop on Tong Shui Road, North Point, Hong Kong?

The cost to rent a shop on Tong Shui Road in North Point, Hong Kong typically ranges from HK$25 to HK$80 per square foot per month, depending on the specific location, shop size, and floor level. Ground floor retail spaces on Tong Shui Road generally command higher rents between HK$50 to HK$80 per square foot monthly due to better foot traffic and visibility, while upper floor commercial units may rent for HK$25 to HK$45 per square foot per month. Factors affecting rental prices on Tong Shui Road include proximity to North Point MTR station, shop frontage width, ceiling height, and overall condition of the building. Smaller retail units of 200-500 square feet may have monthly rents ranging from HK$15,000 to HK$35,000, while larger shops exceeding 1,000 square feet could cost HK$60,000 to HK$150,000 per month. Additional costs for renting a shop on Tong Shui Road typically include management fees, rates, government rent, and utility deposits, which can add approximately 10-15% to the base rental amount.

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

Tong Shui Road 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 locals and tourists. Located in one of Hong Kong's busiest commercial districts, Tong Shui Road benefits from its proximity to major shopping centers like Times Square and Sogo, creating steady pedestrian flow as shoppers move between venues. The foot traffic on Tong Shui Road typically increases during lunch hours when office workers from nearby buildings visit local restaurants and cafes, and reaches its peak during evening hours and weekends when Causeway Bay transforms into a vibrant entertainment and dining destination. The street's foot traffic patterns are also influenced by its connection to Causeway Bay MTR station, one of Hong Kong's major transportation hubs, which brings consistent pedestrian movement throughout the day. Businesses along Tong Shui Road generally benefit from this reliable foot traffic, making it an attractive location for retail shops, restaurants, and service providers looking to capture both the local workforce and the significant tourist population that frequents Causeway Bay.