Commercial Stalls Auction

 

The auction of Hong Kong Flower Show 2018 commercial stalls was conducted smoothly on December 6, 2017(Wed) at Lockhart Road Sports Centre in Wan Chai. A total of 54 stalls were successfully let at the auction. One photographic equipment stall leased on December 18, 2017(Mon) at its upset price $22,220 on a first-come, first-served basis at Leisure and Cultural Services Headquarters. All commercial stalls were let, bringing in total revenue of $3,616,200.

Organised by the Leisure and Cultural Services Department, the 10-day flower show will be held from March 16 to 25, 2018, at Victoria Park. The 55 commercial stalls in the showground include 41 goods stalls, seven fast food stalls, two beverage stalls, two dry food stalls, two photographic equipment stalls and one book stall.

55 commercial stalls were let, bringing in total revenue of $3,616,200 and details are as follows:

Goods stall (5 metres × 5m): 41
Upset price: $22,220
Bid prices: range from $53,700 to $86,200
Average price: $63,420

Fast food stall (5m × 10m): 7
Upset price: $29,620
Bid prices: range from $29,620 to $80,000
Average price: $50,294

Beverage stall (5m × 5m): 2
Upset price: $29,620
Bid prices: $53,400 and $70,000
Average price: $61,700

Dry food stall (5m × 5m): 2
Upset price: $17,820
Bid prices: $210,500 and $270,200
Average price: $240,350

Photographic equipment stall (5m × 5m): 2
Upset price: $22,220
Bid price: $22,220
Average price: $22,220

Book stall (5m × 10m): 1
Upset price: $15,150
Bid price: $15,400

 

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