Shops for Rent on Tak Hong Street, Hong Kong

Why rent a shop on Tak Hong Street, Whampoa, Hong Kong?

Renting a shop on Tak Hong Street, Hong Kong, offers strategic advantages due to its prime location within the bustling Hung Hom district and proximity to the popular Whampoa Garden residential and commercial complex. Tak Hong Street benefits from high foot traffic generated by the large local population living in Whampoa Garden’s 1,078 residential units as well as visitors attracted to the area’s diverse entertainment, dining, and retail options. The street's commercial environment supports a vibrant mix of businesses, making it ideal for retailers looking to tap into a steady customer base in Kowloon. Additionally, the area is well-connected and developed, providing easy access and appealing facilities, which enhances business visibility and potential growth opportunities. Overall, renting a shop on Tak Hong Street combines a strategic location with a strong consumer base, making it an attractive choice for entrepreneurs and retailers in Hong Kong.

How much does it cost to rent a shop on Tak Hong Street, Whampoa, Hong Kong?

The cost to rent a shop on Tak Hong Street in Whampoa, Hong Kong typically ranges from HK$15,000 to HK$40,000 per month, depending on factors such as shop size, location along the street, and property condition. Ground floor retail spaces on Tak Hong Street generally command higher rental rates due to better foot traffic and visibility, while smaller shops or those on upper floors may be available at the lower end of the price range. Whampoa's strategic location in Hung Hom district makes it an attractive area for retail businesses, with rental costs influenced by proximity to public transportation, nearby residential developments, and the overall commercial activity in the neighborhood. Prospective tenants should also factor in additional costs such as management fees, utilities, and potential renovation expenses when budgeting for a shop rental on Tak Hong Street, as these can add 10-20% to the base rental amount.

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

Tak Hong Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area's numerous retail outlets, restaurants, and commercial establishments draw both locals and tourists. Located in one of Hong Kong's busiest commercial districts, this street benefits from its proximity to major shopping centers like Times Square and Sogo, contributing to steady pedestrian flow. The foot traffic on Tak Hong Street typically peaks during lunch hours from 12pm to 2pm when office workers visit nearby eateries, and again in the evening from 6pm to 9pm as shoppers and diners explore the area. Weekends see increased activity as the street becomes a popular destination for leisure shopping and dining, with foot traffic remaining consistently high from mid-morning through late evening. The pedestrian volume is also influenced by the street's accessibility via Causeway Bay MTR station and multiple bus routes, making it a well-connected thoroughfare that maintains steady human traffic throughout most operating hours of local businesses.