Shops for Rent on Electric Street, Hong Kong

Why rent a shop on Electric Street, Wan Chai, Hong Kong?

Renting a shop on Electric Street (Apliu Street) in Hong Kong offers a unique opportunity for businesses focused on electronics, gadgets, and related products due to its reputation as a bustling street market hub known for new and used electronic goods. Located just outside Sham Shui Po MTR Station, this pedestrian-friendly market attracts a steady flow of tech enthusiasts and bargain hunters looking for everything from audio-visual equipment to vintage parts and LED lighting. By renting a shop here, businesses can benefit from high foot traffic in a specialized niche market that draws local shoppers and tourists alike who seek affordable, diverse electronic options and unique finds. This strategic location also allows easy access for customers, helping retailers maximize exposure and sales in a competitive Hong Kong shopping environment.

How much does it cost to rent a shop on Electric Street, Wan Chai, Hong Kong?

The cost to rent a shop on Electric Street in Wan Chai, Hong Kong varies significantly depending on the size, location, and condition of the property, with typical retail rental rates ranging from HK$80 to HK$200 per square foot per month. Electric Street shop rental prices are influenced by factors such as proximity to Wan Chai MTR station, foot traffic levels, and the specific segment of the street, with ground floor units commanding premium rates compared to upper floor spaces. Small retail shops of 200-500 square feet on Electric Street typically cost between HK$16,000 to HK$100,000 per month, while larger commercial spaces can exceed HK$150,000 monthly. The rental market in Wan Chai's Electric Street remains competitive due to its strategic location in Hong Kong's central business district, excellent transportation links, and high pedestrian flow, making it essential for prospective tenants to engage licensed real estate agents who specialize in Wan Chai commercial properties to obtain current market rates and negotiate favorable lease terms.

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

Electric 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, Electric Street sees constant streams of locals and tourists walking between major shopping destinations like Times Square, SOGO department store, and numerous fashion boutiques. Peak foot traffic occurs during weekends, public holidays, and evening hours from 6 PM to 10 PM when office workers and shoppers converge on the area for dining and retail therapy. The street's proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stops, contributes significantly to the heavy pedestrian flow as commuters use Electric Street as a main thoroughfare. During major sales seasons like Chinese New Year, Golden Week, and Christmas, foot traffic on Electric Street can become extremely congested, with shoulder-to-shoulder crowds moving slowly through the narrow street. The high concentration of restaurants, cafes, street food vendors, and retail shops along Electric Street ensures consistent pedestrian activity from early morning until late night, making it a prime location for businesses seeking maximum exposure to foot traffic in Hong Kong's Causeway Bay district.