Shops for Rent on Hing Man Street, Hong Kong

Why rent a shop on Hing Man Street, Shau Kei Wan, Hong Kong?

Renting a shop on Hing Man Street in Hong Kong offers strategic advantages due to its vibrant local community, proximity to popular shopping areas, and accessibility. Located near key neighborhoods like Kowloon, Hing Man Street benefits from steady foot traffic from both residents and visitors seeking diverse retail experiences. This street is close to several bustling shopping centers and markets that attract shoppers looking for fashion, electronics, and daily necessities. Businesses renting on Hing Man Street can capitalize on the area's blend of local shoppers and tourists, making it an ideal location for retail shops aiming to increase visibility and sales in Hong Kong’s competitive market. The convenience of nearby transportation and community facilities further enhances its appeal for retailers seeking long-term growth and customer engagement.

How much does it cost to rent a shop on Hing Man Street, Shau Kei Wan, Hong Kong?

Renting a shop on Hing Man Street in Shau Kei Wan, Hong Kong typically costs between HK$15,000 to HK$45,000 per month, depending on the size, location within the street, and condition of the property. Ground floor retail spaces on Hing Man Street generally command higher rental rates due to better foot traffic and visibility, with prime locations near the MTR station or main intersections costing at the upper end of this range. Smaller shops of around 200-400 square feet may rent for HK$15,000 to HK$25,000 monthly, while larger retail spaces exceeding 500 square feet can reach HK$35,000 to HK$45,000 per month. The rental cost per square foot on Hing Man Street Shau Kei Wan typically ranges from HK$35 to HK$80, making it more affordable compared to prime shopping districts in Central or Causeway Bay. Factors affecting shop rental prices on Hing Man Street include proximity to public transportation, nearby commercial establishments, parking availability, and the overall condition of the building, with newly renovated spaces commanding premium rates in this established Shau Kei Wan commercial area.

What's the foot traffic like on Hing Man Street, Causeway Bay, Hong Kong?

Hing Man Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when locals and tourists frequent the nearby Times Square shopping mall and surrounding retail outlets. The foot traffic on Hing Man Street is heaviest between 11 AM and 9 PM, with the street serving as a connecting route between major shopping areas including Russell Street and Matheson Street. Pedestrian volume increases significantly during lunch hours as office workers from nearby commercial buildings visit the various restaurants and food establishments along Hing Man Street. Weekend foot traffic tends to be higher due to increased tourist activity in Causeway Bay, one of Hong Kong's premier shopping districts, with many visitors using Hing Man Street to access popular destinations like SOGO department store and Fashion Walk. The street's proximity to Causeway Bay MTR station also contributes to consistent pedestrian flow throughout the day, making it a bustling thoroughfare in this densely populated area of Hong Kong Island.