Shops for Rent on Chi Kiang Street, Hong Kong

Why rent a shop on Chi Kiang Street, To Kwa Wan, Hong Kong?

Renting a shop on Chi Kiang Street, Hong Kong, offers strategic advantages due to its prime location in To Kwa Wan, Kowloon, close to the upcoming Ma Tau Wai MTR Station on the Shatin to Central Link, ensuring excellent transportation connectivity. The area benefits from the Urban Renewal Authority’s redevelopment project completed in 2017, featuring modern mixed-use developments with commercial retail spaces integrated within residential towers, which attracts steady foot traffic from local residents and visitors. The redevelopment includes high-density residential units and enhanced community amenities such as podium retail, outdoor landscaped areas, and recreational facilities, creating a vibrant and growing neighborhood ideal for businesses seeking exposure and accessibility. This combination of modern facilities, transport convenience, and community boost makes renting a shop on Chi Kiang Street a practical choice for retailers aiming to capitalize on urban renewal and increasing local demand.

How much does it cost to rent a shop on Chi Kiang Street, To Kwa Wan, Hong Kong?

The cost to rent a shop on Chi Kiang Street in To Kwa Wan, Hong Kong typically ranges from HK$15,000 to HK$45,000 per month, depending on the size, location along the street, and condition of the property. Ground floor retail spaces on Chi Kiang Street generally command higher rental rates due to better foot traffic and visibility, with prime corner units or larger shops potentially exceeding HK$50,000 monthly. Smaller shop units of around 200-400 square feet may be available for HK$15,000 to HK$25,000 per month, while larger commercial spaces exceeding 600 square feet can cost upwards of HK$35,000 monthly. The rental market in To Kwa Wan has seen steady growth due to the area's ongoing urban redevelopment and improved transportation links, making Chi Kiang Street an increasingly attractive location for retail businesses. Additional costs to consider when renting a shop on Chi Kiang Street include management fees, rates and government rent, utility deposits, and typically a three-month rental deposit plus one month advance rent required upfront.

What's the foot traffic like on Chi Kiang Street, Causeway Bay, Hong Kong?

Chi Kiang Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area attracts both locals and tourists. Located in one of Hong Kong's busiest shopping districts, Chi Kiang Street benefits from its proximity to major retail destinations like Times Square, SOGO department store, and numerous shopping malls, which drives consistent pedestrian flow. The foot traffic on Chi Kiang Street typically peaks between 11 AM to 3 PM and again from 6 PM to 9 PM, especially on Saturdays and Sundays when Causeway Bay becomes a major shopping destination for Hong Kong residents and visitors. The street's pedestrian volume is also influenced by its connection to Causeway Bay MTR station, one of Hong Kong's busiest subway stations, which channels thousands of commuters and shoppers through the area daily. Business owners and retailers on Chi Kiang Street generally report steady customer flow, making it a viable location for retail establishments, restaurants, and service businesses looking to capitalize on Causeway Bay's reputation as a premier shopping and entertainment district in Hong Kong.