July 9, 2025
Hong Kong

Empty shops litter Hong Kong as vacancy rates hit 4½-year high

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A large number of shops have closed down in Tsim Sha Tsui. Photo: Dickson Lee
General view of the vacant premise on No 22 Russell Street, Causeway Bay. Photo: Nora Tam
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
A large number of shops at Park Lane Shopper’s Boulevard in Tsim Sha Tsui have closed down. Photo: Dickson Lee
A large number of shops at Park Lane Shopper’s Boulevard in Tsim Sha Tsui have closed down. Photo: Dickson Lee
A worker sticks leasing posters on the gate of an empty shop in Mong Kok. Photo: Elson Li
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
Vegetables, fruits and groceries on display for purchase in a number of vacant shops for lease on Castle Peak Road in Yuen Long. Photo: Jelly Tse
A shop full of empty shelves with posters for rent outside in Tsim Sha Tsui. Photo: Jelly Tse
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
A man sits in a vacant shop in Sham Shui Po. Photo: Elson Li
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
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A large number of shops have closed down in Tsim Sha Tsui. Photo: Dickson LeeA large number of shops have closed down in Tsim Sha Tsui. Photo: Dickson Lee
July 9, 2025
Hong Kong

Empty shops litter Hong Kong as vacancy rates hit 4½-year high

Retail rents in Hong Kong are expected to remain under pressure, as the trend of residents travelling to...

Page 1Page 1
A large number of shops have closed down in Tsim Sha Tsui. Photo: Dickson Lee
General view of the vacant premise on No 22 Russell Street, Causeway Bay. Photo: Nora Tam
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
A large number of shops at Park Lane Shopper’s Boulevard in Tsim Sha Tsui have closed down. Photo: Dickson Lee
A large number of shops at Park Lane Shopper’s Boulevard in Tsim Sha Tsui have closed down. Photo: Dickson Lee
A worker sticks leasing posters on the gate of an empty shop in Mong Kok. Photo: Elson Li
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
Vegetables, fruits and groceries on display for purchase in a number of vacant shops for lease on Castle Peak Road in Yuen Long. Photo: Jelly Tse
A shop full of empty shelves with posters for rent outside in Tsim Sha Tsui. Photo: Jelly Tse
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
A man sits in a vacant shop in Sham Shui Po. Photo: Elson Li
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
Page 1Page 1
A large number of shops have closed down in Tsim Sha Tsui. Photo: Dickson Lee
General view of the vacant premise on No 22 Russell Street, Causeway Bay. Photo: Nora Tam
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
A large number of shops at Park Lane Shopper’s Boulevard in Tsim Sha Tsui have closed down. Photo: Dickson Lee
A large number of shops at Park Lane Shopper’s Boulevard in Tsim Sha Tsui have closed down. Photo: Dickson Lee
A worker sticks leasing posters on the gate of an empty shop in Mong Kok. Photo: Elson Li
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
Vegetables, fruits and groceries on display for purchase in a number of vacant shops for lease on Castle Peak Road in Yuen Long. Photo: Jelly Tse
A shop full of empty shelves with posters for rent outside in Tsim Sha Tsui. Photo: Jelly Tse
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
A man sits in a vacant shop in Sham Shui Po. Photo: Elson Li
Pedestrians pass by empty shops in Causeway Bay. Photo: Sam Tsang
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