Shops for Rent on Shiu Fai Terrace, Hong Kong

Why rent a shop on Shiu Fai Terrace, Wan Chai, Hong Kong?

Renting a shop on Shiu Fai Terrace in Hong Kong offers strategic advantages due to its prime location in the vibrant Wan Chai District on Hong Kong Island. Shiu Fai Terrace benefits from a mix of residential and commercial spaces, providing access to a diverse and affluent customer base within the Mid-Levels East area. The proximity to key landmarks like Mount Cameron, lush surroundings, and well-developed infrastructure makes it an attractive spot for businesses seeking visibility and prestige. Additionally, the area's established residential community and the blend of lifestyle amenities contribute to steady foot traffic and potential market growth, making Shiu Fai Terrace a sought-after location for retail and service shops in Hong Kong.

How much does it cost to rent a shop on Shiu Fai Terrace, Wan Chai, Hong Kong?

The cost to rent a shop on Shiu Fai Terrace in Wan Chai, Hong Kong typically ranges from HK$15,000 to HK$45,000 per month, depending on the size, condition, and exact location of the retail space. Shiu Fai Terrace shop rental prices are influenced by factors such as square footage, street-level visibility, proximity to MTR stations, and local foot traffic patterns in this popular Wan Chai district. Ground floor retail units on Shiu Fai Terrace generally command higher rents due to better accessibility and exposure, while smaller shops or those on upper floors may be available at more affordable rates. Commercial property rental costs in Wan Chai's Shiu Fai Terrace area have remained relatively stable, though prices can fluctuate based on market conditions and seasonal demand. For the most current Shiu Fai Terrace shop rental rates and availability, potential tenants should consult with local Hong Kong commercial real estate agents who specialize in Wan Chai retail properties, as rental prices are subject to negotiation and market changes.

What's the foot traffic like on Shiu Fai Terrace, Causeway Bay, Hong Kong?

Shiu Fai Terrace in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day due to its strategic location in one of Hong Kong's busiest shopping and commercial districts. The street connects to major thoroughfares and is situated near popular shopping destinations like Times Square and Sogo department store, which draws both local residents and tourists walking through the area. Peak foot traffic on Shiu Fai Terrace typically occurs during lunch hours (12pm-2pm) and evening rush hours (6pm-8pm) on weekdays, while weekends see consistently heavy pedestrian flow as shoppers and visitors explore Causeway Bay's retail offerings. The terrace serves as a convenient pedestrian route between the MTR station and various shopping complexes, making it a well-traversed pathway for commuters and leisure visitors alike. Business owners and retailers considering locations on Shiu Fai Terrace can expect steady pedestrian exposure, though foot traffic levels may vary depending on the specific section of the street and proximity to major anchor stores or transportation hubs.