Hong Kong's First Apple Store To Open This Year

Hong Kong will be getting its first Apple Store later this year. The South China Morning Post reported that the 15,000 square-foot location will be in the International Finance Center (IFC) Mall in the central district of Hong Kong Island. A second Apple Store in Hong Kong is planned for 2012 to be a 20,000 square-foot location in Hysan Place in Causeway Bay.

Apple reportedly has negotiated a 10-year lease for the IFC Mall location and will be spending roughly $20 million for construction and up to $9.2 million a year for rent. This Apple Store should resemble the other high-profile locations in London, Paris, and Shanghai.

Situated near a soon to be Four Seasons Hotel, and surrounded by about 200 shops featuring 100 different international brands, this new Apple Store should attract a tremendous amount of visitors. Apple's four Apple Stores in China–two in Beijing and two in Shanghai–each get over 40,000 visitors a day. This is four times the average traffic of US stores.

[via MacNN]