Shops for Rent on Chun Fai Road, Hong Kong

Why rent a shop on Chun Fai Road, Tai Hang, Hong Kong?

Renting a shop on Chun Fai Road, Hong Kong, offers a strategic location in the Wan Chai and Tai Hang Mid-Levels areas, known for their vibrant commercial activity and accessibility. Shops on Chun Fai Road benefit from proximity to established residential buildings like Elm Tree Towers and Chun Fai Building, ensuring a steady flow of local customers and foot traffic. The area’s mix of retail, dining, and residential spaces makes it attractive for businesses looking to tap into a diverse community while leveraging Hong Kong’s dynamic market environment. Additionally, the location’s connectivity and well-developed infrastructure further enhance its appeal for retail operations seeking visibility and convenience. Overall, renting a shop on Chun Fai Road provides an excellent opportunity to establish a presence in a lively, well-connected district of Hong Kong.

How much does it cost to rent a shop on Chun Fai Road, Tai Hang, Hong Kong?

The cost to rent a shop on Chun Fai Road in Tai Hang, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month, depending on the size, location, and condition of the commercial space. Chun Fai Road shop rental prices are influenced by factors such as foot traffic, proximity to Causeway Bay, and the property's frontage width, with ground floor retail spaces commanding premium rates. Small shops of 200-400 square feet generally cost between HK$25,000 to HK$45,000 monthly, while larger commercial units exceeding 800 square feet can reach HK$60,000 to HK$80,000 per month. Tai Hang's growing popularity as a trendy neighborhood, particularly after the annual Fire Dragon Dance festival gained international recognition, has contributed to steady rental growth on Chun Fai Road. Prospective tenants should also budget for additional costs including management fees, rates, government rent, and a security deposit equivalent to 2-3 months rent when calculating the total cost of renting a shop in this desirable Hong Kong location.

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

Chun Fai Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area's numerous retail outlets, restaurants, and commercial establishments draw both locals and tourists. Located in one of Hong Kong's busiest shopping districts, the foot traffic on Chun Fai Road is heavily influenced by its proximity to major shopping centers like Times Square and Sogo, as well as the Causeway Bay MTR station which serves as a major transportation hub. The pedestrian flow typically increases significantly during lunch hours between 12-2 PM and evening hours from 6-9 PM when office workers and shoppers frequent the area's dining establishments and retail stores. Weekends and public holidays see the highest concentration of foot traffic as both domestic and international visitors explore the vibrant Causeway Bay shopping scene, making Chun Fai Road a consistently busy pedestrian corridor that reflects the dynamic commercial energy of this prime Hong Kong retail district.