Auctions for Lunar New Year fair stalls in urban areas and Lantau to start next Monday
**************************************************************************************
The Victoria Park LNY Fair in Causeway Bay, Hong Kong Island, accommodates 180 wet goods stalls, 284 dry goods stalls, eight thematic stalls and three fast food stalls for bidding.
The LNY fair in Islands District will be held at Tat Tung Road Garden in Tung Chung with eight wet goods stalls and 19 dry goods stalls.
The four Kowloon LNY fairs will be held at Fa Hui Park and Cheung Sha Wan Playground in Sham Shui Po, Morse Park in Wong Tai Sin and Kwun Tong Recreation Ground, with a total of 314 wet goods stalls, 243 dry goods stalls and eight fast food stalls.
The auctions for stalls of the five LNY fairs in Causeway Bay, Sham Shui Po, Wong Tai Sin and Kwun Tong will be held at Queen Elizabeth Stadium, 18 Oi Kwan Road, Wan Chai, from November 7 to 9 and from November 14 to 17. The auction sessions are scheduled from 9am to 12.30pm (AM session) and 2pm until completion of the auction (PM session).
Details of the auctions and opening prices are as follows:
Victoria Park (Causeway Bay)
--------------------------------------------
Auction date: November 7 (Monday)
AM session: Fast food and wet goods
PM session: Wet goods
Opening prices:
Fast food $361,360 (stall size: 7.6 metres x 4.8m)
Fast food $193,560 (stall size: 5m x 4m)
Wet goods $10,490
Auction date: November 8 (Tuesday)
Stall type: Thematic goods and dry goods
Opening prices:
Thematic goods $40,150 (stall size: 6m x 1.5m)
Dry goods $13,710
*for dry goods stalls No. 1 to 144
Auction date: November 9 (Wednesday)
Stall type: Dry goods
Opening price:
Dry goods $13,710
*for dry goods stalls No. 145 to 300
Fa Hui Park (Sham Shui Po)
--------------------------------------------
Auction date: November 14 (Monday)
AM session: Wet goods
PM session: Fast food and dry goods
Opening prices:
Wet goods $5,680
Fast food $65,010 (stall size: 7.6m x 4.8m)
Fast food $28,090 (stall size: 5m x 3m)
Dry goods $12,530
Morse Park (Wong Tai Sin)
--------------------------------------------
Auction date: November 15 (Tuesday)
AM session: Wet goods
PM session: Fast food and dry goods
Opening prices:
Wet goods $2,410
Fast food $16,070 (stall size: 7.6m x 4.8m)
Dry goods $2,210
Kwun Tong Recreation Ground (Kwun Tong)
--------------------------------------------
Auction date: November 16 (Wednesday)
AM session: Wet goods
PM session: Fast food and dry goods
Opening prices:
Wet goods $3,510
Fast food $9,730 (stall size: 7.6m x 4.8m)
Dry goods $3,420
Cheung Sha Wan Playground (Sham Shui Po)
--------------------------------------------
Auction date: November 17 (Thursday)
AM session: Wet goods
PM session: Fast food and dry goods
Opening prices:
Wet goods $800
Fast food $7,340 (stall size: 7.6m x 4.8m)
Dry goods $890
The auction for stalls of the Tat Tung Road Garden LNY Fair in Tung Chung will be held at Rooms 1403, 1404 and 1414, Harbour Building, 38 Pier Road, Central, on November 11 (Friday). The auction session is scheduled from 9.30am until completion of the auction. The opening prices of wet goods and dry goods stalls are $610 and $720 respectively.
Bidders for LNY fair stalls must be at least 18 years old and ordinarily resident in Hong Kong.
Anyone can bid for more than one stall. A bidder must pay the bid price and register in person with his or her own name as the licensee of the stall immediately after successfully bidding for a stall. The bidder is also required to sign at once an express warranty and a licence agreement with the FEHD, or they will forfeit the rights to operate the stall.
An FEHD spokesman said that successful bidders shall comply with all the stipulations and provisions as set out in the licence agreement including not to assign, sublet, transfer or otherwise part with any of the benefits or obligations of the licence agreement. Otherwise, the department is entitled to terminate the agreement and the licensee shall immediately vacate the stall and the licence fee will not be refunded.
Details of the 2017 LNY fairs such as the public notice, the locations and layouts of the fair venues, commodities allowed for sale at the fair stalls, open auction arrangements and related rules, and samples of the licence agreement and express warranty, are available at the FEHD website (www.fehd.gov.hk). For enquiries, please call the FEHD hotline 2868 0000.
Ends/Thursday, November 3, 2016
Issued at HKT 12:00
Issued at HKT 12:00
NNNN