Shops for Rent on Kimberley Street, Hong Kong

Why rent a shop on Kimberley Street, Tsim Sha Tsui, Hong Kong?

Renting a shop on Kimberley Street, Hong Kong offers a strategic opportunity to capitalize on a vibrant and culturally rich environment, especially known for its concentration of Korean shops and restaurants. Kimberley Street, located in the bustling Tsim Sha Tsui district, benefits from high foot traffic from both locals and tourists attracted by its unique Korean food scene and proximity to major shopping malls like The ONE. The street's reputation has grown significantly since the 2000s, driven by the popularization of Korean culture including K-pop and Korean dramas, making it an ideal location for businesses targeting a diverse and expanding customer base. Additionally, the area's excellent transport links and its position in one of Hong Kong's busiest shopping and entertainment districts enhance visibility and accessibility, providing business tenants with a competitive edge in attracting local and international customers. Overall, renting a shop here means tapping into a dynamic market that blends cultural appeal with commercial potential.

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

The cost to rent a shop on Kimberley Street in Tsim Sha Tsui, Hong Kong varies significantly depending on location, size, and floor level, with ground floor retail spaces typically commanding the highest premiums due to maximum foot traffic exposure. Shop rental prices on Kimberley Street generally range from HK$80 to HK$300 per square foot per month, with prime ground floor locations near the intersection with Nathan Road or close to major shopping centers like K11 MUSEA commanding rates at the upper end of this spectrum. Smaller retail units of 200-500 square feet may cost between HK$25,000 to HK$80,000 per month, while larger flagship stores exceeding 1,000 square feet can reach monthly rents of HK$200,000 or more. Upper floor retail spaces and basement level shops typically offer more affordable alternatives at 30-50% lower rates compared to street level premises. Factors influencing Kimberley Street shop rental costs include proximity to MTR stations, nearby luxury hotels, established foot traffic patterns, and the overall retail mix in the immediate vicinity, making this prime Tsim Sha Tsui location one of Hong Kong's most expensive retail districts for prospective tenants.

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

Kimberley Street 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, Kimberley Street attracts thousands of locals and tourists daily who visit the numerous shopping malls, restaurants, and retail outlets along this iconic street. Peak foot traffic typically occurs during weekends, public holidays, and evening hours between 6 PM to 10 PM when office workers, shoppers, and diners converge on the area. The street's proximity to major shopping destinations like Times Square, SOGO department store, and various luxury boutiques ensures consistent pedestrian flow from morning until late night. During major sales periods, festivals, and tourist seasons, Kimberley Street becomes particularly crowded with dense foot traffic that can slow walking speeds significantly. Business owners and retailers on Kimberley Street benefit from this constant stream of potential customers, though visitors should expect busy sidewalks and should plan extra time when navigating through this popular Causeway Bay location.