Shops for Rent on Hankow Road, Hong Kong
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Why rent a shop on Hankow Road, Tsim Sha Tsui, Hong Kong?
Renting a shop on Hankow Road, Hong Kong, offers a prime retail location with high foot traffic and prestige, as this street is recognized as one of the most expensive and vibrant shopping areas in the city. Hankow Road is home to over 150 diverse stores, including well-known brands and specialty shops, attracting both locals and tourists. Its proximity to key landmarks like Tsim Sha Tsui MTR station, major hotels, and shopping centers such as Hankow Centre makes it highly accessible and convenient for customers. The street’s dynamic commercial environment ensures strong visibility and the opportunity to connect with a broad, affluent customer base, making it an ideal choice for businesses seeking a reputable and bustling retail presence in Hong Kong.
How much does it cost to rent a shop on Hankow Road, Tsim Sha Tsui, Hong Kong?
The cost to rent a shop on Hankow Road in Tsim Sha Tsui, Hong Kong varies significantly depending on the size, location, and condition of the property, with monthly rental prices typically ranging from HKD 30,000 to HKD 200,000 or more for prime retail spaces. Ground floor shops on Hankow Road, which is located in the heart of Tsim Sha Tsui's shopping district near major attractions like the Avenue of Stars and Hong Kong Space Museum, command premium rents due to high foot traffic from tourists and locals. Smaller retail units of 200-500 square feet may cost between HKD 30,000 to HKD 80,000 per month, while larger flagship stores or corner units can exceed HKD 150,000 monthly, with some premium locations reaching HKD 300,000 or higher. Factors affecting Hankow Road shop rental costs include proximity to MTR stations, building condition, floor level, street frontage, and current market conditions in Hong Kong's competitive retail property sector. Prospective tenants should also budget for additional costs such as management fees, government rates, utility deposits, and fitting-out expenses when planning to rent retail space in this prestigious Tsim Sha Tsui location.
What's the foot traffic like on Hankow Road, Causeway Bay, Hong Kong?
Hankow Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian streets in the city. Located in the heart of Causeway Bay's premier shopping district, Hankow Road sees constant streams of both local residents and international tourists who visit the area's numerous retail outlets, restaurants, and entertainment venues. The foot traffic typically peaks during weekends, public holidays, and evening hours when office workers join shoppers and diners in the area. The street's proximity to major shopping centers like Times Square, Sogo, and numerous flagship stores creates a steady flow of pedestrians from morning until late night. During major shopping seasons such as Chinese New Year, Christmas, and summer sales periods, the pedestrian density on Hankow Road can become extremely congested, with slow-moving crowds being a common sight. The street's excellent connectivity to Causeway Bay MTR station and multiple bus routes contributes significantly to the high volume of foot traffic, as it serves as a major transit point for people traveling throughout Hong Kong Island.