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A total of 160 wet goods stalls (out of 180 stalls) and three fast food stalls at the Victoria Park Lunar New Year Fair were successfully let in an open auction today (October 8).
About 160 people attended the auction for wet good stalls and fast food stalls at the park at the Queen Elizabeth Stadium, Wan Chai, from 9.30am to 4pm today, a spokesman for the Food and Environmental Hygiene Department said.
The average bid price for the wet goods stalls was $12,585, with the successful bids ranging from $7,840 to $46,800. The highest bid of $46,800 was almost 6 times the opening price of $7,840.
The auction of wet goods stalls fetched a total of $2,013,600, compared with $2,644,950 last year.
For the fast food stalls, the bid price for the 7.6 x 4.8 metre stall was $390,000, against an opening price of $191,820, while the bid prices for the two 5 x 4 metre stalls were $310,000 and $200,000, against an opening price of $102,740.
The auction for the 300 dry goods stalls will be held at 9.30am tomorrow at the same venue.
Ends/Monday, October 8, 2007
Issued at HKT 20:11
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