Shops for Rent on Hanoi Road, Hong Kong

Why rent a shop on Hanoi Road, Tsim Sha Tsui, Hong Kong?

Renting a shop on Hanoi Road, Hong Kong, offers a strategic location advantage in the vibrant Tsim Sha Tsui area of Kowloon. Hanoi Road is centrally situated close to major transportation links, including exits N1 and N2 of the East Tsim Sha Tsui MTR station, ensuring excellent foot traffic and accessibility for customers. The area has undergone significant redevelopment, notably with the construction of The Masterpiece, a high-profile skyscraper and shopping mall that attracts a diverse mix of residents, tourists, and local shoppers. This combination of prime location, modern infrastructure, and high pedestrian flow makes Hanoi Road an ideal place for retail businesses aiming to maximize visibility and customer reach in one of Hong Kong's busiest commercial districts.

How much does it cost to rent a shop on Hanoi Road, Tsim Sha Tsui, Hong Kong?

The cost to rent a shop on Hanoi Road in Tsim Sha Tsui, Hong Kong varies significantly depending on factors such as shop size, exact location, and lease terms, with monthly rental prices typically ranging from HK$80,000 to HK$300,000 or more for prime retail spaces. Ground floor shops on Hanoi Road command premium rates due to the street's strategic location in the heart of Tsim Sha Tsui's bustling shopping district, with smaller retail units of 200-500 square feet generally costing between HK$80,000 to HK$150,000 per month, while larger flagship stores can exceed HK$500,000 monthly. Rental costs on Hanoi Road are influenced by proximity to major attractions like the Avenue of Stars, Star Ferry Pier, and high-end shopping malls, making it one of Hong Kong's most expensive retail locations. Property agents typically quote Hanoi Road shop rentals at HK$300 to HK$800 per square foot per month, with additional costs including management fees, rates, government rent, and substantial key money deposits that can range from 3 to 12 months' rent, making the total initial investment for opening a shop on Hanoi Road, Tsim Sha Tsui a significant financial commitment for retailers seeking premium Hong Kong retail space.

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

Hanoi Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. Located in the heart of Causeway Bay's prime shopping district, Hanoi Road sees constant streams of both local residents and international tourists, particularly during weekends and holidays when foot traffic can reach peak levels. The street connects major shopping destinations including Times Square, SOGO department store, and numerous retail outlets, contributing to its consistently heavy pedestrian flow from morning until late evening. Foot traffic on Hanoi Road typically intensifies during lunch hours, after-work periods, and weekend shopping times, with the area becoming particularly crowded during major sales events and festivals. The high concentration of restaurants, cafes, shopping centers, and the nearby Causeway Bay MTR station ensures that Hanoi Road maintains steady pedestrian traffic year-round, making it a prime location for retail businesses and a must-visit destination for anyone exploring Hong Kong's vibrant Causeway Bay district.