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Expression of interest to be invited for leasing of Small Retail Zone at Domain

The following is issued on behalf of the Hong Kong Housing Authority:

     Domain, a mega-commercial centre of the Housing Authority (HA) that is next to Yau Tong MTR Station, is scheduled to open by the end of this year. The HA today (April 17) announced that it would invite expression of interest (EOI) next Wednesday (April 25) for leasing of Domain's Small Retail Zone, where a great variety of trendy products and services will be offered.

     From April 25 to May 18 (Friday), interested parties with entrepreneurship, creativity and a strong sense for trends as well as small business operators are welcome to make an EOI submission.

     Interested parties should include in their EOI information the proposed trade, the characteristics or uniqueness of the products/services, their experience in the retail sector and the expected rent.

     All proposals will be evaluated on the basis of relative comparison with reference to the uniqueness, creativity and attractiveness of the products/services offered, as well as the image and potential being brought to the shopping centre.

     Shortlisted applicants will be invited to participate in a restricted instant tender with a predetermined reference rent for each unit, and tenancies will be granted to the highest bidders.

     Located on the second floor at Domain with a total area of about 700 square metres, the Small Retail Zone comprises 23 open and independent shop units, with internal floor areas ranging from 10 to 60 square meters. Tenancies will be on two-year terms with fixed monthly rent.

     Fashion wear and accessories, handicraft and gift items, mobile phone accessories, eyeglasses, fashion jewellery, watches, electronic games, cosmetics and hair care projects, etc, are to be provided in the Small Retail Zone.

     Domain aims to bring in small operators to start their business with their unique products at the Small Retail Zone.

     Over 70 per cent of the leasable area of Domain has been let or has reached agreed terms since leasing started last year.

     For enquiries, please call the leasing hotline at 2820 2966 during working hours (Monday to Friday, 9am to 1pm and 2pm to 6pm, except public holidays) or fax to 2802 8568 and contact the sole private estate agent appointed by the HA. Details of application will be announced and uploaded on April 25 to the Domain website at .

Ends/Tuesday, April 17, 2012
Issued at HKT 17:31


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