Shops for Rent on Triangle Street, Hong Kong
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Why rent a shop on Triangle Street, Wan Chai, Hong Kong?
Renting a shop on Triangle Street, Hong Kong, offers a strategic advantage due to its location within the bustling Wan Chai district, one of the city’s busiest commercial hubs. Triangle Street is well-positioned amidst a vibrant mix of small and medium-sized enterprises, providing high foot traffic from local workers, residents, and tourists. The area benefits from excellent transportation links, making it easily accessible and attractive for retail businesses aiming to capitalize on diverse customer bases. Additionally, Wan Chai’s dynamic environment supports varied retail and service offerings, making Triangle Street an ideal location for shops seeking visibility, strong community presence, and potential growth in one of Hong Kong’s key economic neighborhoods.
How much does it cost to rent a shop on Triangle Street, Wan Chai, Hong Kong?
The cost to rent a shop on Triangle Street in Wan Chai, Hong Kong varies significantly depending on the size, location, and condition of the property, with rental prices typically ranging from HK$15,000 to HK$80,000 per month for small to medium-sized retail spaces. Ground floor shops on Triangle Street generally command higher rents due to better foot traffic and visibility, with prime locations near the intersection with Hennessy Road or Johnston Road often exceeding HK$100 per square foot per month. Smaller boutique spaces or upper floor units may be available for more budget-conscious tenants at around HK$30 to HK$60 per square foot monthly, while larger flagship retail spaces can reach HK$150 or more per square foot depending on market conditions. Additional costs for renting a shop on Triangle Street include government rates, management fees, air conditioning charges, and typically require a security deposit equivalent to 2-3 months rent, making the total upfront investment substantial for prospective retail tenants in this popular Wan Chai shopping district.
What's the foot traffic like on Triangle Street, Causeway Bay, Hong Kong?
Triangle Street in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the district. Located in the heart of Causeway Bay's prime shopping zone, Triangle Street connects major retail destinations and serves as a crucial walkway for both locals and tourists navigating between 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 flood the area. The street's strategic position near Causeway Bay MTR station ensures a constant flow of pedestrians, with foot traffic density remaining consistently high even during weekday afternoons. Visitors to Triangle Street should expect crowded conditions, particularly during Hong Kong's shopping seasons and major sales events, as the narrow street width combined with the high volume of pedestrians can create congested walking conditions that require patience and careful navigation.