Shops for Rent on Chung Kong Road, Hong Kong

Why rent a shop on Chung Kong Road, Sheung Wan, Hong Kong?

Renting a shop on Chung Kong Road, Hong Kong, offers significant advantages thanks to its prime location in the Central business district, one of the busiest and most prestigious commercial areas in the city. Chung Kong Road is surrounded by landmark office buildings such as the Cheung Kong Center, which is a grade A office tower housing multinational corporations and financial institutions. This area benefits from excellent transport connectivity, including multiple MTR lines, tram services, and main ferry terminals, facilitating easy access for customers and staff. Additionally, the proximity to luxury hotels, high-end restaurants, entertainment hubs like Lan Kwai Fong, and a vibrant business community makes Chung Kong Road a strategic location to boost brand visibility, customer footfall, and business networking opportunities, ideal for retail or service shops seeking prestige and convenience in Hong Kong’s commercial core.

How much does it cost to rent a shop on Chung Kong Road, Sheung Wan, Hong Kong?

The cost to rent a shop on Chung Kong Road in Sheung Wan, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the exact location, floor level, and shop condition. Ground floor retail spaces on Chung Kong Road Sheung Wan command premium rents due to high foot traffic and excellent visibility, with prime street-facing units often exceeding HK$150 per square foot monthly. Upper floor commercial spaces and smaller retail units may be available at the lower end of the range, around HK$80 to HK$120 per square foot per month. Factors affecting shop rental prices on Chung Kong Road include proximity to MTR stations, building age, shop size, lease terms, and current market conditions in Hong Kong's competitive retail property market. Prospective tenants should also budget for additional costs such as management fees, rates, government rent, and security deposits when calculating the total cost of renting a shop in this prime Sheung Wan location.

What's the foot traffic like on Chung Kong Road, Causeway Bay, Hong Kong?

Chung Kong Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. Located in the heart of Causeway Bay's prime shopping district, this road connects major retail destinations including Times Square, SOGO department store, and numerous luxury boutiques, resulting in constant streams of shoppers, tourists, and office workers. Peak foot traffic on Chung Kong Road typically occurs during lunch hours from 12-2 PM and evening shopping periods from 6-9 PM, with weekends seeing particularly heavy pedestrian congestion due to the influx of local shoppers and international visitors. The road's proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stops, contributes significantly to the dense foot traffic as commuters use Chung Kong Road as a major thoroughfare to access shopping centers, restaurants, and office buildings. During major shopping seasons like Chinese New Year, Christmas, and summer sales periods, pedestrian volumes on Chung Kong Road can become so intense that walking speeds slow considerably, making it essential for visitors to plan extra travel time when navigating this bustling Causeway Bay thoroughfare.