Shops for Rent on Wharf Road, Hong Kong

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

Renting a shop on Wharf Road, Hong Kong, offers an exceptional opportunity for businesses due to its prime location within the revitalized WORFU shopping mall, one of the largest retail districts in Island East. With over 200,000 square feet of retail space spread along a 260-meter stretch and hosting more than 100 shops, Wharf Road provides a diverse range of shop sizes from approximately 200 to 23,000 square feet, catering to varied business needs. The recently completed HK$250 million refurbishment has transformed WORFU with a modern industrial architectural design, optimized layouts, and enhanced common areas, creating an attractive environment that appeals to both retailers and a growing local community in North Point. The mall’s tenant mix, featuring eateries and education centers among others, promotes business synergy and draws consistent shopper traffic, making Wharf Road an ideal retail location for businesses looking to capitalize on a vibrant and evolving neighborhood retail scene in Hong Kong.

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

The cost to rent a shop on Wharf Road in North Point, Hong Kong varies significantly depending on the specific location, shop size, and current market conditions. Ground floor retail spaces on Wharf Road typically command rental rates ranging from HK$80 to HK$200 per square foot per month, with prime corner units and those closer to the North Point MTR station commanding higher premiums. Shop rental prices on Wharf Road North Point are influenced by factors such as foot traffic, proximity to public transportation, building age, and the surrounding commercial environment. Smaller retail units of 200-500 square feet may cost between HK$20,000 to HK$60,000 per month, while larger commercial spaces exceeding 1,000 square feet can reach monthly rents of HK$150,000 or more. Properties located closer to the busy intersection areas and shopping complexes along Wharf Road generally have higher rental costs due to increased visibility and customer accessibility. For the most current and accurate shop rental prices on Wharf Road North Point, prospective tenants should consult with local commercial real estate agents who specialize in Hong Kong retail properties, as market rates fluctuate based on economic conditions and seasonal demand.

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

Wharf Road in Causeway Bay, Hong Kong experiences extremely high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. Located in the heart of Causeway Bay's premier shopping district, Wharf Road connects major retail destinations including Times Square, SOGO department store, and numerous shopping malls, resulting in constant streams of both local residents and international tourists. Peak foot traffic occurs during weekends, public holidays, and evening hours between 6 PM to 9 PM when office workers join shoppers and diners exploring the area's extensive retail and dining options. The pedestrian volume is particularly intense near the intersection with Hennessy Road and around the Causeway Bay MTR station entrance, where thousands of people pass through hourly. During major shopping events like seasonal sales or festivals, foot traffic can become so dense that walking speeds significantly decrease, and crowd management measures are often implemented. The high pedestrian density on Wharf Road reflects Causeway Bay's status as Hong Kong's busiest shopping district, attracting millions of visitors annually who contribute to the area's reputation as one of the world's most expensive retail locations due to the premium placed on this exceptional foot traffic.