Shops for Rent on Hoi Lee Street, Hong Kong

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

Renting a shop on Hoi Lee Street in Hong Kong offers a strategic location advantage in one of the city’s bustling commercial areas, making it ideal for attracting a diverse mix of both local and tourist shoppers. Hoi Lee Street benefits from Hong Kong’s reputation as a premier shopping destination, known for its vibrant street markets, boutiques, and proximity to established shopping districts like Central and Causeway Bay. By choosing a shop here, businesses gain access to high foot traffic, exposure to a wide range of consumers interested in luxury brands and everyday retail, and connectivity to key transport hubs, which enhances accessibility. This combination creates a favorable environment for retail success and brand visibility in Hong Kong’s competitive market.

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

The cost to rent a shop on Hoi Lee Street in Shau Kei Wan, Hong Kong typically ranges from HK$15,000 to HK$45,000 per month, depending on several key factors including shop size, location along the street, and current market conditions. Ground floor retail spaces on Hoi Lee Street generally command higher rental prices due to better foot traffic and visibility, while upper floor commercial units may be available at more affordable rates. The rental cost per square foot in Shau Kei Wan's commercial areas usually falls between HK$25 to HK$60, making it a more budget-friendly option compared to prime shopping districts in Central or Causeway Bay. Shop rental prices on Hoi Lee Street can vary significantly based on the property's condition, nearby amenities, proximity to MTR stations, and whether utilities and management fees are included in the monthly rent. Prospective tenants should also budget for additional costs such as security deposits, typically equivalent to two to three months' rent, stamp duty, and potential renovation expenses when calculating the total cost of renting commercial space in this Shau Kei Wan location.

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

Hoi Lee 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 shopping districts, this street connects major retail areas and serves as a pedestrian thoroughfare between popular destinations like Times Square and Sogo department store. The foot traffic on Hoi Lee Street typically increases significantly during lunch hours from 12pm to 2pm when office workers from nearby commercial buildings frequent the area's restaurants and cafes, and again during evening hours from 6pm to 9pm when both locals and tourists explore Causeway Bay's shopping and dining options. Weekends see the heaviest pedestrian flow as shoppers navigate between the numerous retail outlets, fashion stores, and entertainment venues that line this street. The proximity to major MTR stations and bus stops also contributes to the consistent stream of pedestrians using Hoi Lee Street as a transit corridor, making it a vibrant and bustling location that reflects the dynamic energy of Causeway Bay's commercial district.