Shops for Rent on Hoi Ching Street, Hong Kong

Why rent a shop on Hoi Ching Street, Shau Kei Wan, Hong Kong?

Renting a shop on Hoi Ching Street in Hong Kong offers strategic advantages due to its convenient location in Sai Wan Ho, close to Sai Wan Ho MTR Station and several bus routes, ensuring high foot traffic and easy accessibility for customers. The area features established residential buildings like Hoi Ching Mansion, contributing to a stable local customer base. This mix of good transport links and a nearby community makes Hoi Ching Street an ideal spot for retail businesses seeking visibility and steady patronage in Hong Kong.

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

The cost to rent a shop on Hoi Ching Street in Shau Kei Wan, Hong Kong typically ranges from HK$15,000 to HK$45,000 per month depending on the size, location, and condition of the property. Ground floor retail spaces with good street visibility generally command higher rents, with average rates of HK$25 to HK$40 per square foot per month. Smaller shops of around 300-500 square feet may cost between HK$18,000 to HK$28,000 monthly, while larger retail units exceeding 800 square feet can reach HK$35,000 to HK$45,000 per month. Hoi Ching Street shop rental prices are influenced by factors such as foot traffic, proximity to the MTR station, building age, and local amenities. Additional costs for Shau Kei Wan retail rentals include management fees, rates, government rent, and utility deposits, which can add 10-15% to the base rental cost. Property agents in the area typically charge one month's rent as commission, and landlords often require a security deposit equivalent to two to three months' rent for commercial leases on Hoi Ching Street.

What's the foot traffic like on Hoi Ching Street, Causeway Bay, Hong Kong?

Hoi Ching Street 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, this street benefits from its proximity to major shopping centers like Times Square, Sogo, and numerous retail outlets that draw both locals and tourists. The foot traffic on Hoi Ching Street typically increases significantly during lunch hours as office workers from nearby commercial buildings frequent the area's restaurants and cafes, and again in the evening when shoppers explore the vibrant Causeway Bay shopping scene. Weekend foot traffic tends to be consistently heavy due to the street's connection to popular shopping destinations and its role as a thoroughfare between major attractions. The pedestrian flow is further boosted by the street's accessibility to MTR stations and bus routes, making it a natural transit point for people moving through Causeway Bay. Visitors can expect bustling sidewalks especially during Hong Kong's peak tourist seasons and major shopping events, though foot traffic may vary depending on weather conditions and local events in the broader Causeway Bay area.