Shops for Rent on Tai Hang Road, Hong Kong
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Why rent a shop on Tai Hang Road, Tai Hang, Hong Kong?
Renting a shop on Tai Hang Road, Hong Kong offers a unique opportunity to tap into a vibrant and creative neighborhood that blends old-school charm with modern culture. Tai Hang is known for its distinctive mix of indie boutiques, vintage shops, and specialty stores that attract a diverse and trendy clientele, making it ideal for businesses focused on lifestyle, fashion, and unique retail experiences. The area’s laid-back yet hip atmosphere, combined with strong community ties and proximity to popular dining spots and cultural venues, provides excellent foot traffic and visibility. Additionally, Tai Hang’s location near Causeway Bay and Victoria Park ensures easy accessibility while maintaining a quieter, more intimate setting, perfect for businesses seeking a boutique environment away from massive malls. These factors make Tai Hang Road an attractive location for renting retail space and establishing a memorable presence in one of Hong Kong’s most sought-after urban villages.
How much does it cost to rent a shop on Tai Hang Road, Tai Hang, Hong Kong?
The cost to rent a shop on Tai Hang Road in Tai Hang, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, size, and condition of the property. Ground floor retail spaces in prime locations along Tai Hang Road command higher rents, often between HK$150 to HK$200 per square foot monthly, while smaller shops or those on upper floors may be available for HK$80 to HK$120 per square foot per month. Tai Hang Road shop rental prices are influenced by factors such as foot traffic, proximity to Causeway Bay shopping district, accessibility to MTR stations, and the overall commercial viability of the area. Most commercial landlords in Tai Hang require a security deposit equivalent to 3-6 months rent, plus the first month's rent in advance, with lease terms typically ranging from 2 to 3 years for retail shop rentals on Tai Hang Road.
What's the foot traffic like on Tai Hang Road, Causeway Bay, Hong Kong?
Tai Hang Road 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 mall and Causeway Bay MTR station. The foot traffic on Tai Hang Road varies significantly by section, with the areas closest to Russell Street and Hennessy Road seeing the heaviest pedestrian flow due to their proximity to major retail destinations, restaurants, and public transportation hubs. During weekdays, foot traffic tends to be busiest during lunch hours between 12-2 PM and evening rush hours from 6-8 PM, while weekends see sustained high pedestrian activity from late morning through evening as both locals and tourists explore Causeway Bay's shopping and dining offerings. The street's foot traffic is also influenced by seasonal factors, with increased pedestrian activity during major shopping periods like Chinese New Year, summer sales, and the holiday season, making Tai Hang Road a consistently active pedestrian thoroughfare in one of Hong Kong's most vibrant commercial districts.