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Hong Kong Flower Show 2016 commercial stalls auctioned
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     The auction of Hong Kong Flower Show 2016 commercial stalls was conducted smoothly today (December 2) at Lockhart Road Sports Centre in Wan Chai. All 52 stalls were successfully let at the auction, bringing in total revenue of $2,651,240.

     Organised by the Leisure and Cultural Services Department, the 10-day flower show will be held from March 11 to 20, 2016, at Victoria Park. The 52 commercial stalls in the showground include 41 goods stalls, four fast food stalls, two fast food stalls each with a subsidiary stall, four dry food stalls and one book stall.

     Results of the auction held today are as follows:

Goods stall (5 metres x 5m): 41
Upset price: $21,190
Bid prices: Ranging from $30,100 to $61,100
Average price: $39,949

Fast food stall (5m x 10m): 4
Upset price: $28,240
Bid prices: Ranging from $28,240 to $32,500
Average price: $29,835

Fast food stall with a subsidiary stall
(5m x 10m and 5m x 5m): 2
Upset price: $50,970
Bid prices: $95,000 and $95,000
Average price: $95,000

Dry food stall (5m x 5m): 4
Upset price: $16,980
Bid prices: Ranging from $160,600 to $202,800
Average price: $172,350

Book stall (5m x 10m): 1
Upset price: $14,430
Bid price: $14,600

Ends/Wednesday, December 2, 2015
Issued at HKT 17:51

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