Shops for Rent on Nam Hong Street, Hong Kong

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

Renting a shop on Nam Hong Street in Hong Kong offers a unique opportunity to be part of a vibrant and creative marketplace known for its rich textile heritage. Nam Hong Street, often associated with the nearby Nam Cheong Street (also known as Ribbon Street), is famous for its colorful variety of shops selling ribbons, lace, cords, and other textile accessories, making it a magnet for craft enthusiasts and designers. By renting a shop here, businesses can tap into a bustling commercial hub within the Sham Shui Po district, benefiting from high foot traffic of bargain hunters and creative entrepreneurs. Moreover, the area’s rich history and community vibe make it an attractive location for retailers seeking authenticity and a strong connection to Hong Kong’s traditional industries. This street's synergy with adjacent fabric and accessory markets enhances its appeal as a strategic spot for businesses in fashion, crafts, and related trades. Overall, renting a shop on Nam Hong Street allows for access to a dynamic market environment with a unique blend of history, culture, and commerce that is hard to find elsewhere in Hong Kong.

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

Renting a shop on Nam Hong Street in Shau Kei Wan, Hong Kong typically costs between HK$15,000 to HK$45,000 per month, depending on the size, location, and condition of the property. Ground floor retail spaces on Nam Hong Street generally command higher rents due to better foot traffic and visibility, with prime locations near MTR stations or busy intersections reaching the upper end of this price range. Smaller shops of around 200-400 square feet may rent for HK$15,000 to HK$25,000 monthly, while larger retail units exceeding 600 square feet can cost HK$30,000 to HK$45,000 or more per month. Factors affecting rental prices on Nam Hong Street include proximity to Shau Kei Wan MTR station, street-level accessibility, parking availability, and the overall condition of the building. Prospective tenants should also budget for additional costs such as management fees, utility deposits, and government rates when calculating the total cost of renting commercial space in this popular Shau Kei Wan shopping district.

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

Nam Hong Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors flock to the nearby Times Square shopping complex and surrounding retail establishments. The pedestrian flow on Nam Hong Street is heaviest between 11 AM and 9 PM, with significant crowds during lunch hours as office workers from nearby commercial buildings frequent the numerous restaurants and cafes along the street. Weekend foot traffic intensifies considerably due to both local shoppers and international tourists exploring the Causeway Bay shopping district, making Nam Hong Street a bustling pedestrian corridor that connects major retail destinations. The street benefits from its strategic location near the Causeway Bay MTR station, which channels thousands of commuters and shoppers daily, while the presence of popular dining establishments, boutique stores, and entertainment venues ensures consistent pedestrian activity throughout the week. Business owners and retailers on Nam Hong Street typically report strong customer flow, particularly during Hong Kong's peak tourist seasons and major shopping events, making it a prime location for retail and hospitality businesses seeking high visibility and customer engagement.