Shops for Rent on Hong Pak Path, Hong Kong

Why rent a shop on Hong Pak Path, Quarry Bay, Hong Kong?

Renting a shop on Hong Pak Path in Quarry Bay, Hong Kong offers exceptional business opportunities due to its prime location in one of Hong Kong's most vibrant commercial districts. This strategic location provides direct access to a high-density residential population and benefits from excellent transportation connectivity through the nearby Quarry Bay MTR station, ensuring steady foot traffic throughout the day. Hong Pak Path retail spaces attract diverse customer demographics, from local residents to office workers from the surrounding business towers, creating multiple revenue streams for shop owners. The area's established commercial infrastructure, competitive rental rates compared to Central or Causeway Bay, and proximity to major shopping centers like Cityplaza make it an ideal location for various retail businesses, restaurants, and service providers. Additionally, Quarry Bay's growing reputation as a dining and lifestyle destination, combined with its accessibility from both Hong Kong Island and Kowloon, positions Hong Pak Path as a smart investment choice for entrepreneurs seeking to establish or expand their retail presence in Hong Kong's dynamic market.

How much does it cost to rent a shop on Hong Pak Path, Quarry Bay, Hong Kong?

Renting a shop on Hong Pak Path in Quarry Bay, Hong Kong typically costs between HKD 15,000 to HKD 45,000 per month, depending on the size, location, and condition of the retail space. Hong Pak Path shop rental prices vary significantly based on factors such as floor level, with ground floor units commanding premium rates of HKD 35 to HKD 60 per square foot, while upper floor commercial spaces may range from HKD 20 to HKD 35 per square foot. The cost to rent a shop in Quarry Bay's Hong Pak Path area is influenced by its proximity to Quarry Bay MTR station, foot traffic levels, and the overall commercial appeal of the specific location along this popular shopping street. Small retail units of 200-400 square feet generally fall within the lower rental range, while larger shops exceeding 800 square feet can command higher monthly rents. Additional costs for Hong Pak Path shop rentals include management fees, rates, government rent, and utility deposits, which can add approximately 15-25 percent to the base rental cost, making it essential for prospective tenants to factor in these expenses when budgeting for their Quarry Bay retail space.

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

Hong Pak Path in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends. Located in one of Hong Kong's busiest commercial districts, Hong Pak Path connects major shopping areas and serves as a pedestrian route between popular destinations like Times Square and Sogo department store. The foot traffic on Hong Pak Path typically increases significantly during lunch hours from 12pm to 2pm when office workers frequent nearby restaurants and shops, and again during evening hours from 6pm to 9pm as residents and tourists explore Causeway Bay's dining and entertainment options. Weekends see the heaviest pedestrian flow on Hong Pak Path as both locals and visitors navigate between shopping centers, with foot traffic remaining consistently high from late morning through evening. The path's proximity to the Causeway Bay MTR station also contributes to steady pedestrian movement throughout the day, making Hong Pak Path one of the well-trafficked walking routes in this vibrant Hong Kong district.