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Hong Kong Flower Show 2012 commercial stalls auctioned
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     The auction of Hong Kong Flower Show 2012 commercial stalls was conducted smoothly today (December 7) at the Lockhart Road Sports Centre in Wan Chai. All 53 commercial stalls were successfully let at the auction, bringing in total revenue of $2,281,500.

     Organised by the Leisure and Cultural Services Department, the 10-day Hong Kong Flower Show 2012 will be held from March 16 to 25 at Victoria Park. For the flower show, the 53 commercial stalls for auction included 42 goods stalls, six fast food stalls, four dry food stalls and one book stall.

     Details of the auction held today are as follows:

Goods stall (5m x 5m): 42
Upset price: $18,110
Bid prices: Ranging from $22,100 to $38,100         
Average price: $32,474        

Fast food stall (5m x 10m): 4
Upset price: $24,150
Bid prices: Ranging from $35,000 to $48,000         
Average price: $38,750          

Fast food stall with a subsidiary stall
(5m x 10m and 5m x 5m): 2
Upset price: $43,580
Bid prices: $75,000 and $80,000          
Average price: $77,500         

Dry food stall (5m x 5m): 4
Upset price: $14,520
Bid prices: Ranging from $140,000 to $151,500         
Average price: $145,625          

Book stall (5m x 10m): 1
Upset price: $12,340
Bid price: $25,100

Ends/Wednesday, December 7, 2011
Issued at HKT 19:17

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