Shops for Rent on A Kung Ngam Road, Hong Kong

Why rent a shop on A Kung Ngam Road, Shau Kei Wan, Hong Kong?

Renting a shop on A Kung Ngam Road, Hong Kong, offers a strategic advantage due to its location in Shau Kei Wan, an area undergoing vibrant residential and commercial development. The region is set to benefit from new public housing projects and urban improvement initiatives, enhancing foot traffic and community engagement. Additionally, A Kung Ngam has a rich historical and cultural background, attracting both locals and tourists interested in its heritage, which can boost customer visitation for retail businesses. Its proximity to established residential neighborhoods ensures a steady local customer base, making it an ideal spot for businesses looking to capitalize on growing urban activity and a diverse demographic in Eastern District, Hong Kong.

How much does it cost to rent a shop on A Kung Ngam Road, Shau Kei Wan, Hong Kong?

The cost to rent a shop on A Kung Ngam Road in Shau Kei Wan, Hong Kong typically ranges from HK$25 to HK$45 per square foot per month, depending on the specific location, shop size, and condition of the property. Ground floor retail spaces on A Kung Ngam Road generally command higher rents due to better foot traffic and visibility, while upper floor commercial units may be available at lower rates starting from HK$20 per square foot monthly. Factors affecting shop rental prices in Shau Kei Wan include proximity to the MTR station, building age, renovation requirements, and local competition from nearby shopping areas. Small retail shops of 300-500 square feet on A Kung Ngam Road can expect monthly rents between HK$7,500 to HK$22,500, while larger commercial spaces exceeding 1,000 square feet may cost HK$25,000 to HK$45,000 per month. Property agents in Shau Kei Wan recommend budgeting additional costs including management fees, rates, government rent, and utility deposits when calculating the total cost of renting a shop on A Kung Ngam Road.

What's the foot traffic like on A Kung Ngam Road, Causeway Bay, Hong Kong?

A Kung Ngam Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, though it is generally less congested than the main shopping streets like Hennessy Road or Russell Street. The pedestrian flow on A Kung Ngam Road varies significantly depending on the time of day and proximity to major attractions, with peak activity occurring during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and tourists frequent the nearby restaurants, shopping centers, and entertainment venues. The road connects several important areas in Causeway Bay, making it a convenient pedestrian route for locals commuting to work or accessing the MTR station, while tourists often use it to navigate between popular destinations like Times Square, SOGO department store, and various dining establishments. Weekends typically see increased foot traffic due to higher tourist numbers and local shoppers, particularly on Saturdays when the area becomes busier with both domestic and international visitors exploring Causeway Bay's retail and dining offerings. The pedestrian volume tends to be heaviest near the intersections with major roads and gradually decreases in the more residential sections of A Kung Ngam Road.