Why rent a retail space in Hong Kong?

Hong Kong the perfect city in China to organize your commercial event with foot traffic. The city is social media friendly (especially Instagrammable) & a perfect setting for bringing high visibility to premium brands and upcoming DTCs alike!

Hong Kong, which draws a crowd eager for discovering new products, is full of exclusive commercial venues available for rent from a few days to a couple of months: studio spaces, industrial workshops, old warehouses, etc.

A skylight? Ceiling beams? Exposed piping? Whether you are looking for spacious, classic or comfortable spaces, you are guaranteed to find the most suitable flexible venue for the event you are organizing on Storefront.

What is a retail space?

An ephemeral commercial space can open for a single day or several weeks, even months. A flexible space rental does not commit you with a permanent lease and allows you to offer a unique consumer experience , connect with customers to win their trust or validate the potential of a Hong Kong neighborhood while benefiting from great adaptability. Storefront's selection of spaces in Hong Kong covers a large range of use cases, such as pop up stores, showrooms, art galleries, and event venues.

How much does a retail space cost to hire in Hong Kong?

On average, the price to rent a commercial space in Hong Kong ranges from 1000 HKD to 9000 HKD a day. As the city is one of the hottest commercial real estate markets in the world, the price to rent a shop in Hong Kong can be expensive. But it can also be affordable if you find the right space. One thing that can make or break the price is the location. The better the neighborhood, the more you're going to pay. But that will pay out in the long run. The popularity of the building also affects the price. If it’s more in-demand, the price to rent is going to go up.

Things to consider when choosing a retail space in Hong Kong

It’s important to shop around when you’re looking for a commercial property in Hong Kong. You have so many choices in such a large retail market. Do you have a budget? You need one before you even begin to look at retail spaces. Your budget should be broken down into different categories, including how much you have to spend on renting a space.

The location of the retail space is as important as the cost. You don’t want to rent a space in a secluded area. That means no foot traffic. The only customers you’ll get will be from advertising. Not only should the location have high foot traffic but it should be easy to find for customers brought in by other means. If your customers can’t find your retail shop, they’re going to give up.

You should consider hiring a lawyer. The right lawyer can help you go over all the fine details of the renting contract. Sometimes people have the tendency to skim a contract. They miss small but important details. A lawyer makes sure you know everything you need to know.

Rent a Retail Space in Hong Kong

What are the most sought-after locations for leasing commercial space in Hong Kong?

Hong Kong is a shopping destination, and the retail market is geared to cater to clients in the upscale market and mass-market consumerism. With a high population and tourist density, Hong Kong offers retail venues on a large scope. The commercial space market for rent is a mix of luxury malls, small shops, boutique-style and market-style stores. Key areas to explore for prime retail space are Central, Causeway Bay, Tsim Sha Tsui, Mong Kok, Sham Shui Po, Stanley Market, Hollywood Road & Cat Street Bazaar, among many others.

How much does it cost to rent a shop in Hong Kong?

The retail and commercial space rental market in Hong Kong has many prime locations on offer. Central is a perfect location for upscale boutiques, eateries, and exclusive designer shops. Central is a historic colonial area and home to major financial institutions and prominent luxury good shopping malls like IFC Mall, Landmark, Galleria, Prince's Building.

• Queen's Road ground floor 13,721sq ft at HK1,029,080 pa
• Wellington St, low floor, 1000sq ft at HK 32,000 pa Causeway Bay is a mass-market shopping mecca that never sleeps. Goods in the mid to low-high end, jewelry, cosmetics, and electronics are a draw.
• Pak Sha Road ground floor 546sq ft at HK 35,000 pa
• Lockhart Rd ground floor 1005 sq ft at HK 24,000 pa Sham Shui Po is in the heart of Kowloon and perhaps the image best associated with Hong Kong's shopping frenzy. While it is possible to buy just about any gadget here, people come to shop for electronics, fashion, and fabrics.
• Manhattan Mid Town low floor 6580sq ft at HK 197,000 pa
• Tung Lo Court street level 305sq ft at HK 30,000 pa Stanley Market benefits from a sea view and attracts large crowds to its open-air market. Consumers shop here for authentic Chinese silk garments and cultural artifacts, jewelry, souvenirs, and art.
• Stanley Main Street street level 4827sq ft at HK 390,000 pa
• Stanley Main Street street shop 756 sq ft at HK25,000 pa