Shops for Rent on Sai Wan Ho Street, Hong Kong

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

Renting a shop on Sai Wan Ho Street, Hong Kong, offers strategic advantages for business owners due to its prime location in a vibrant residential and commercial district. Sai Wan Ho provides easy access to major shopping malls like Cityplaza and Kornhill Plaza, as well as proximity to the Taikoo Place business hub, attracting both local residents and office workers. The area benefits from excellent transportation links, including MTR stations and ferry piers connecting to key parts of Hong Kong, ensuring high foot traffic. Furthermore, Sai Wan Ho is known for a dynamic mix of old and new developments, combining a stable customer base from established neighborhoods with emerging residential estates. These factors make Sai Wan Ho Street an attractive and convenient location for retail businesses looking to maximize visibility and customer reach. Renting here aligns with opportunities for growth in a well-connected and diverse urban setting.

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

The cost to rent a shop on Sai Wan Ho Street in Shau Kei Wan, Hong Kong typically ranges from HK$25 to HK$80 per square foot per month, depending on factors such as location within the street, shop size, floor level, and lease terms. Ground floor retail spaces on Sai Wan Ho Street generally command higher rents due to better foot traffic and visibility, with prime locations near the MTR station or major intersections fetching premium rates of HK$60 to HK$80 per square foot monthly. Smaller shops of 200-500 square feet may cost between HK$15,000 to HK$40,000 per month, while larger retail units exceeding 1,000 square feet can range from HK$50,000 to HK$150,000 monthly. Additional costs for renting a shop in Shau Kei Wan include management fees, rates, government rent, utility deposits, and typically require a security deposit equivalent to 2-3 months rent plus the first month's rent in advance. The rental market in this Eastern District area of Hong Kong Island remains competitive due to its established residential population, proximity to public transportation, and growing commercial activity along Sai Wan Ho Street.

What's the foot traffic like on Sai Wan Ho Street, Causeway Bay, Hong Kong?

Sai Wan Ho Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during lunch hours and evening periods when office workers and residents frequent the numerous local restaurants, cafes, and shops lining the street. The pedestrian flow on Sai Wan Ho Street is generally lighter compared to major shopping arteries like Russell Street or Hennessy Road in Causeway Bay, making it a more relaxed destination for dining and local shopping. Foot traffic tends to peak between 12pm-2pm during weekdays as nearby office workers seek lunch options, and again between 6pm-9pm when people visit the street's popular eateries and local businesses. Weekends see a steady stream of both locals and tourists exploring the authentic Hong Kong street food scene and traditional shops that characterize Sai Wan Ho Street. The street's proximity to Causeway Bay MTR station and major shopping centers ensures consistent pedestrian activity, though it maintains a more neighborhood-focused atmosphere compared to the bustling main commercial districts of Causeway Bay.