Shops for Rent on Kennedy Street, Hong Kong

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

Kennedy Street in Wan Chai, Hong Kong offers exceptional retail opportunities for businesses seeking prime commercial space in one of the city's most dynamic districts. Located in the heart of Wan Chai, Kennedy Street provides excellent foot traffic from both local residents and international visitors, making it an ideal location for shops targeting diverse customer demographics. The street benefits from exceptional connectivity through nearby MTR stations and extensive bus networks, ensuring easy accessibility for customers throughout Hong Kong Island. Retailers on Kennedy Street enjoy proximity to major business districts, hotels, and entertainment venues, creating a steady stream of potential customers throughout the day and evening. The area's mix of traditional local culture and modern commercial development attracts both tourists and locals, providing shops with opportunities to serve varied market segments. With competitive rental rates compared to other prime Hong Kong retail locations, Kennedy Street Wan Chai offers excellent value for money while maintaining high visibility and commercial viability. The street's established reputation as a shopping destination, combined with ongoing urban development in the Wan Chai district, makes renting shop space on Kennedy Street a strategic investment for retail businesses looking to establish or expand their presence in Hong Kong's competitive market.

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

The cost to rent a shop on Kennedy Street in Wan Chai, Hong Kong varies significantly depending on the specific location, size, and condition of the property. Ground floor retail spaces on Kennedy Street typically command premium rents ranging from HKD 80 to HKD 150 per square foot per month, while upper floor commercial units may rent for HKD 40 to HKD 80 per square foot monthly. Prime corner locations and shops with good street frontage on Kennedy Street can cost substantially more, sometimes exceeding HKD 200 per square foot per month. The rental market in Wan Chai's Kennedy Street area is influenced by factors such as foot traffic, proximity to MTR stations, nearby commercial developments, and overall market conditions in Hong Kong's retail property sector. Small retail shops of 300-500 square feet on Kennedy Street may require monthly rents between HKD 25,000 to HKD 75,000, while larger commercial spaces can command six-figure monthly rental fees. Prospective tenants should also budget for additional costs including government rates, management fees, utility deposits, and typically three months rent as security deposit when leasing retail space on Kennedy Street in Wan Chai.

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

Kennedy 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, Kennedy Street attracts heavy crowds of both locals and tourists who frequent the numerous retail stores, restaurants, and entertainment venues along the street. Peak foot traffic typically occurs during lunch hours from 12pm to 2pm when office workers from nearby commercial buildings visit for dining, and again during evening hours from 6pm to 9pm when residents and visitors engage in shopping and leisure activities. Weekends see particularly intense pedestrian congestion as Kennedy Street connects major shopping destinations including Times Square, SOGO department store, and various fashion outlets. The street's strategic position near Causeway Bay MTR station further contributes to the constant flow of pedestrians, with foot traffic remaining substantial even during late evening hours due to Hong Kong's vibrant nightlife culture. Visitors should expect crowded sidewalks and slow-moving pedestrian traffic, especially during public holidays and major shopping seasons when Kennedy Street becomes one of the most densely packed walking areas in Hong Kong.