squarefoot 5平方 Logo

Singapore's Bee Cheng Hiang Renews Lease for Causeway Bay Prime Shop at 10% Lower Rent

Squarefoot 編輯部  10小時前刊登  60 #講談樓市

Retail rents in core tourist districts continue to hit record lows. Singapore's meat jerky brand, Bee Cheng Hiang, has renewed its lease for a prime shop at the ground floor of Ying Kong Mansion, 2-6 Yee Wo Street, Causeway Bay.

This shop, known for its prominent three-sided corner layout, has been rented by the brand for 17 years.

The new lease, set to begin later this year, comes with a monthly rent of HK$360,000—10% lower than the previous lease and a significant 58% drop from its peak rental price.
The shop occupies approximately 300 square feet and benefits from a three-sided corner location, offering high visibility to foot traffic in one of Hong Kong’s busiest shopping districts.

Despite its prime location, the rent reduction reflects the ongoing challenges faced by the retail market, particularly in tourist-heavy areas, as landlords adjust to new market conditions.

免責聲明:凡註明 Squarefoot編輯部 的所有文字圖片等資料,版權均屬 7廣告有限公司 所有,轉載請註明出處;文章內容僅供參考,不構成投資建議,也不代表 Squarefoot 讚同其觀點。文中所涉面積,如無特殊說明,均為實用面積。文中出現的圖片僅供參考。

分享至Facebook

分享至Whatsapp

以電郵分享