Shops for Rent on Tai Wing Avenue, Hong Kong

Why rent a shop on Tai Wing Avenue, Quarry Bay, Hong Kong?

Renting a shop on Tai Wing Avenue in Hong Kong offers strategic advantages due to its location in Taikoo Shing, a well-established and vibrant residential and commercial area managed by Swire Properties. Tai Wing Avenue benefits from excellent transportation links, including the MTR, buses, trams, and Airport Express, making it highly accessible for customers and staff. The area is supported by nearby amenities like shopping arcades, grocery stores, and recreational facilities, enhancing foot traffic and convenience for retailers. Additionally, the presence of high-rise residential buildings nearby ensures a steady customer base, making Tai Wing Avenue an attractive spot for businesses looking to tap into a diverse and affluent community in Hong Kong. This combination of connectivity, amenities, and customer potential makes renting retail space on Tai Wing Avenue a compelling choice for business owners.

How much does it cost to rent a shop on Tai Wing Avenue, Quarry Bay, Hong Kong?

The cost to rent a shop on Tai Wing Avenue in Quarry Bay, Hong Kong varies significantly depending on factors such as shop size, location along the avenue, and current market conditions. As of 2024, retail rental prices on Tai Wing Avenue typically range from HK$40 to HK$120 per square foot per month, with ground floor units commanding premium rates due to higher foot traffic and visibility. Smaller shops of 200-500 square feet may cost between HK$15,000 to HK$45,000 monthly, while larger retail spaces exceeding 1,000 square feet can reach HK$80,000 to HK$150,000 per month. The rental cost on Tai Wing Avenue is influenced by its proximity to Quarry Bay MTR station, the presence of major office buildings like Taikoo Place, and the area's strong commercial activity. Property management fees, rates, and utility deposits are typically additional costs that tenants should factor into their budget when considering shop rental on Tai Wing Avenue. For the most accurate and current rental pricing, prospective tenants should consult local commercial real estate agents who specialize in Quarry Bay properties, as market rates fluctuate based on economic conditions and demand in this prime Hong Kong business district.

What's the foot traffic like on Tai Wing Avenue, Causeway Bay, Hong Kong?

Tai Wing Avenue in Causeway Bay, Hong Kong experiences exceptionally 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 prime shopping district, this street sees constant streams of both locals and tourists, particularly during peak hours from 11 AM to 9 PM when nearby shopping centers like Times Square, SOGO, and numerous retail outlets draw massive crowds. The foot traffic on Tai Wing Avenue intensifies significantly during weekends, public holidays, and seasonal shopping periods, with pedestrian density often reaching shoulder-to-shoulder levels during lunch hours and evening shopping times. The avenue's strategic position connecting major MTR stations and shopping destinations means pedestrians frequently use it as a main thoroughfare, resulting in consistently heavy foot traffic that makes it an ideal location for retail businesses seeking maximum visibility and customer exposure in Hong Kong's most vibrant commercial district.