A vacant shop at the corner of Lee Garden Road and Foo Ming Street in Causeway Bay. Some landlords are willing to lowers rent to secure tenants. Photo: Edward Wong

Rents in prime locations are tipped to stay firm. Photo: Edward Wong

Property / Hong Kong & China

Empty shops on the up in Causeway Bay as high rent drives out business

Only luxury brands or jewellery shops are able to afford the rents that landlords are asking for, according to property consultancy CBRE

Yvonne Liu

Published: 5:30am, 15 Jan, 2014

Updated: 9:51am, 15 Jan, 2014

A vacant shop at the corner of Lee Garden Road and Foo Ming Street in Causeway Bay. Some landlords are willing to lowers rent to secure tenants. Photo: Edward Wong

Rents in prime locations are tipped to stay firm. Photo: Edward Wong

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Empty shops on the up in Causeway Bay as high rent drives out business

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