Shops for Rent on Chai Wan Road, Hong Kong

Why rent a shop on Chai Wan Road, Shau Kei Wan, Hong Kong?

Renting a shop on Chai Wan Road, Hong Kong offers a strategic location advantage due to its vibrant local community and excellent connectivity. Chai Wan Road is part of one of Hong Kong’s busy urban districts with easy access to public transport, making it a convenient spot for attracting both residents and commuters. The area features a mix of residential, commercial, and retail spaces, providing diverse customer traffic and business opportunities. Its proximity to bustling shopping areas and local amenities enhances foot traffic, which is essential for retail success. Additionally, Hong Kong’s dynamic economy and dense population contribute to the appeal of leasing retail spaces on Chai Wan Road for businesses seeking high visibility and growth potential in a competitive market.

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

The cost to rent a shop on Chai Wan Road in Shau Kei Wan, Hong Kong typically ranges from HK$25 to HK$60 per square foot per month, depending on the specific location, shop size, and condition of the property. Ground floor retail spaces with good street visibility and foot traffic generally command higher rents, often between HK$40 to HK$60 per square foot, while upper floor commercial units or smaller shops may rent for HK$25 to HK$40 per square foot monthly. Factors affecting rental prices on Chai Wan Road include proximity to MTR stations, building age, shop frontage width, and local amenities such as markets or shopping centers. Prospective tenants should also budget for additional costs including rates, management fees, and utility deposits, which can add approximately 10-15% to the base rental cost. For the most current rental rates and available shop spaces on Chai Wan Road, Shau Kei Wan, it is recommended to consult with local commercial real estate agents who specialize in the Eastern District of Hong Kong Island, as market conditions and pricing can fluctuate based on economic factors and local development projects.

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

Chai Wan Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. As a major thoroughfare connecting key shopping districts, MTR stations, and commercial centers in Causeway Bay, Chai Wan Road sees constant streams of both local residents and international tourists. Peak foot traffic typically occurs during lunch hours from 12pm to 2pm, evening rush hours from 6pm to 8pm, and weekends when shoppers flock to nearby Times Square, SOGO department store, and the numerous retail outlets along the street. The pedestrian volume is particularly dense near the Causeway Bay MTR station exits and major crossings, where thousands of people pass through hourly. During major shopping seasons like Chinese New Year, Christmas, and summer sales periods, foot traffic on Chai Wan Road can become extremely congested, with pedestrian flow sometimes requiring traffic management. The street's proximity to popular destinations such as Victoria Park, Fashion Walk, and numerous restaurants and cafes ensures consistent pedestrian activity from early morning until late evening, making it a prime location for retail businesses and street-level commercial activities in Hong Kong's bustling Causeway Bay district.