Shops for Rent on Po Man Street, Hong Kong

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

Renting a shop on Po Man Street, Hong Kong, offers strategic advantages for businesses due to its prime location near Shau Kei Wan MTR Station and multiple bus and minibus routes, providing excellent accessibility and high foot traffic. The area is well-established with residential and commercial buildings, which can attract a steady flow of local customers. Shops on Po Man Street benefit from the exposure in a vibrant district that combines convenience with a diverse customer base, making it an ideal spot for retail and service businesses aiming to expand their market presence in Eastern Hong Kong. Additionally, the street's proximity to public transportation and its presence within a developed urban environment create favorable conditions for business growth and visibility.

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

Renting a shop on Po 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 Po Man Street generally command higher rents ranging from HK$25 to HK$60 per square foot, while upper floor commercial units may be available at lower rates of HK$15 to HK$35 per square foot. The rental cost for shops on Po Man Street varies significantly based on factors such as proximity to Shau Kei Wan MTR station, foot traffic levels, shop frontage width, and whether the unit includes essential fixtures like air conditioning or shopfront renovation. Smaller retail spaces of 200-400 square feet on Po Man Street typically rent for HK$15,000 to HK$25,000 monthly, while larger commercial units exceeding 600 square feet can command rents of HK$35,000 to HK$45,000 or more. Property agents in Shau Kei Wan recommend budgeting additional costs including management fees, rates, government rent, and security deposits equivalent to 2-3 months rent when calculating the total cost of renting a shop on Po Man Street.

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

Po Man Street in Causeway Bay, Hong Kong experiences heavy foot traffic throughout the day, making it one of the busiest pedestrian areas in this popular shopping district. Located in the heart of Causeway Bay near major shopping centers like Times Square and Sogo, Po Man Street sees consistent crowds of both local residents and international tourists, particularly during weekends and holiday periods. The street connects key commercial areas and serves as a vital pedestrian thoroughfare between MTR Causeway Bay Station and various shopping destinations, resulting in peak foot traffic during lunch hours from 12pm to 2pm and evening shopping hours from 6pm to 9pm. Visitors to Po Man Street can expect crowded sidewalks and busy crossings, especially near the intersection with Hennessy Road and Great George Street, where the convergence of shopping malls, restaurants, and public transportation creates a constant flow of pedestrians throughout most of the day and well into the evening hours.