Shops for Rent on Hung Kwong Street, Hong Kong

Why rent a shop on Hung Kwong Street, To Kwa Wan, Hong Kong?

Renting a shop on Hung Kwong Street in To Kwa Wan, Hong Kong offers exceptional business opportunities in one of the city's most rapidly developing districts. This strategic location provides excellent accessibility through the To Kwa Wan MTR station on the Tuen Ma Line, connecting your business to major commercial hubs across Hong Kong while offering significantly lower rental costs compared to prime Central or Causeway Bay locations. Hung Kwong Street benefits from high foot traffic due to its proximity to residential complexes, traditional wet markets, and the historic Kai Tak development area, creating a diverse customer base of both locals and tourists. The area's unique blend of old Hong Kong charm and modern urban renewal projects makes it an attractive destination for retail businesses, restaurants, and service providers looking to establish themselves in an authentic neighborhood setting. Shop rentals on Hung Kwong Street typically offer flexible lease terms and reasonable rates, making it an ideal choice for startups and established businesses seeking expansion opportunities in Hong Kong's evolving retail landscape. The street's growing reputation as a foodie destination and cultural hotspot continues to drive increased visitor numbers, providing excellent potential for business growth and customer acquisition in this vibrant To Kwa Wan location.

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

The cost to rent a shop on Hung Kwong Street in To Kwa Wan, Hong Kong typically ranges from HKD 15,000 to HKD 45,000 per month, depending on the size, condition, and exact location of the retail space. Ground floor shops with street-facing frontage generally command higher rents, often between HKD 25,000 to HKD 45,000 monthly for spaces ranging from 300 to 800 square feet. Smaller retail units or those located on upper floors may be available for HKD 15,000 to HKD 25,000 per month. To Kwa Wan has experienced significant development and gentrification in recent years, which has influenced commercial rental prices on Hung Kwong Street and surrounding areas. Factors affecting shop rental costs include foot traffic, proximity to MTR stations, nearby residential density, and the overall commercial atmosphere of the specific street section. Prospective tenants should also budget for additional costs such as management fees, utilities, and often a security deposit equivalent to two to three months rent when securing a retail lease on Hung Kwong Street.

What's the foot traffic like on Hung Kwong Street, Causeway Bay, Hong Kong?

Hung Kwong Street in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout the day, particularly during peak shopping hours and weekends. Located in one of Hong Kong's busiest commercial districts, this street sees a steady flow of both local residents and tourists navigating between major shopping areas like Times Square, Sogo department store, and the numerous retail outlets that define Causeway Bay. The foot traffic on Hung Kwong Street typically intensifies during lunch hours from 12pm to 2pm and evening shopping periods from 6pm to 9pm, when office workers and shoppers frequent the area's restaurants, cafes, and retail establishments. Weekends generally bring the highest pedestrian volume as tourists and locals alike explore Causeway Bay's renowned shopping scene, making Hung Kwong Street a consistently busy thoroughfare that connects key commercial zones in this vibrant Hong Kong district.