Shops for Rent on Jaffe Road, Hong Kong
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Why rent a shop on Jaffe Road, Wan Chai, Hong Kong?
Renting a shop on Jaffe Road, Hong Kong, offers a prime location in the vibrant Wan Chai district, known for its rich mix of history, modern commercial activity, and diverse shopping options. Jaffe Road is just a short walk from the Wan Chai MTR station, making it highly accessible for both locals and tourists. The area benefits from proximity to trendy boutique stores, designer brands, and a lively street atmosphere that attracts shoppers interested in fashion, lifestyle products, and unique retail experiences. Its closeness to popular shopping districts like the Starstreet Precinct and Tai Yuen Street Market means shop owners can tap into a steady flow of foot traffic seeking everything from high-end fashion to everyday goods. Renting a shop on Jaffe Road provides an excellent opportunity for retail businesses to thrive in one of Hong Kong’s most dynamic commercial neighborhoods.
How much does it cost to rent a shop on Jaffe Road, Wan Chai, Hong Kong?
Renting a shop on Jaffe Road in Wan Chai, Hong Kong typically costs between HK$80 to HK$200 per square foot per month, depending on the specific location, floor level, and shop condition. Ground floor retail spaces on Jaffe Road command premium prices due to high foot traffic and excellent visibility, with prime locations near Wan Chai MTR station often exceeding HK$150 per square foot monthly. Smaller retail units of 200-500 square feet may range from HK$25,000 to HK$80,000 per month, while larger commercial spaces can cost upwards of HK$100,000 monthly. The rental cost on Jaffe Road varies significantly based on proximity to major landmarks like Times Square, Hong Kong Convention and Exhibition Centre, and the MTR station, with shops closer to these high-traffic areas commanding higher rents. Additional costs include management fees, rates, government rent, and typically a security deposit equivalent to 2-3 months rent, making the total initial investment for renting a Jaffe Road shop substantial for businesses looking to establish a presence in this prime Wan Chai commercial district.
What's the foot traffic like on Jaffe Road, Causeway Bay, Hong Kong?
Jaffe Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian corridors in the city. This major thoroughfare connects key shopping districts and attracts millions of visitors annually, with peak congestion occurring during weekends, public holidays, and evening hours between 6-9 PM when office workers and tourists converge on the area. The foot traffic on Jaffe Road is particularly dense near major shopping complexes like Times Square, SOGO, and numerous retail outlets, with pedestrian flow reaching its highest levels during Hong Kong's shopping seasons and festivals. Weekday mornings and lunch hours also see significant pedestrian activity as the road serves as a primary route for commuters traveling between Causeway Bay MTR station and surrounding commercial buildings. The continuous stream of locals and international tourists browsing street vendors, restaurants, and flagship stores contributes to Jaffe Road's reputation as one of Hong Kong's most crowded and vibrant shopping streets, with foot traffic remaining consistently heavy from early morning until late evening seven days a week.
