Shops for Rent on Tak Ting Street, Hong Kong

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

Renting a shop on Tak Ting Street, Hong Kong offers strategic advantages due to its location in a vibrant Kowloon neighborhood with strong community presence. The street is situated near educational institutions like S.K.H. Fung Kei Primary School and SKH Fung Kei Millennium Primary School, which generate regular local foot traffic, ideal for businesses targeting families and residents. Additionally, proximity to public amenities such as Tai Wan Shan Park and Tai Wan Shan Swimming Pool attracts visitors to the area, increasing exposure for shops. This combination of steady pedestrian flow, community engagement, and accessibility makes Tak Ting Street a promising location for retailers and service providers seeking to establish a presence in a thriving urban environment.

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

The cost to rent a shop on Tak Ting Street in Whampoa, Hong Kong typically ranges from HK$15,000 to HK$45,000 per month, depending on the size, location within the street, and specific property conditions. Ground floor retail spaces on Tak Ting Street generally command higher rental prices due to better foot traffic and visibility, with smaller units of 200-400 square feet averaging HK$20,000 to HK$30,000 monthly, while larger commercial spaces exceeding 500 square feet can reach HK$40,000 or more per month. Whampoa's strategic location near the MTR station and established residential community makes Tak Ting Street an attractive area for retail businesses, though rental costs have fluctuated in recent years due to market conditions and the impact of local economic factors. Prospective tenants should also budget for additional expenses including management fees, utility deposits, and potential renovation costs, as most commercial properties on Tak Ting Street require tenants to handle their own interior fitting and comply with Hong Kong's commercial licensing requirements.

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

Tak Ting Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the surrounding Causeway Bay district attracts both locals and tourists. As a connecting street in one of Hong Kong's busiest retail areas, Tak Ting Street sees steady pedestrian flow from shoppers moving between major shopping centers like Times Square, Sogo, and various street-level shops in the vicinity. The foot traffic on Tak Ting Street typically increases during lunch hours when office workers from nearby commercial buildings visit local restaurants and cafes, and reaches its highest levels during evening hours and weekends when Causeway Bay transforms into a vibrant shopping and dining destination. The street's proximity to Causeway Bay MTR station also contributes to consistent pedestrian traffic as commuters and visitors use it as a thoroughfare to access the main shopping areas, making it a relatively busy street compared to quieter residential areas in Hong Kong, though less congested than the primary shopping arteries like Russell Street or Hennessy Road.