Third day auction results for Victoria Park Lunar New Year Fair stalls

Hong Kong (HKSAR) -      A total of 96 dry goods stalls were successfully let on the third day auction for stalls at the 2019 Victoria Park Lunar New Year Fair today (November 7).
     Around 410 people attended the auction at the Assembly Hall, Lai Chi Kok Government Offices, 19 Lai Wan Road, Lai Chi Kok, Kowloon, from 9am to 6pm today, a spokesman for the Food and Environmental Hygiene Department said.
     The average bid price for the dry goods stalls today was $28,160, with the successful bids ranging from $16,701 to $55,000. The highest bid, $55,000, was about 3.9 times the opening price of $14,230.
     The auction for the remaining 100 dry goods stalls will be held at 9am tomorrow (November 8) at the same venue.
     The spokesman reminded the successful bidders to comply with all the stipulations and provisions as set out in the licence agreement. Otherwise, the department is entitled to terminate the agreement and the licensee shall immediately vacate the stall.

Published on: 2018-11-07

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