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Hong Kong Flower Show 2017 commercial stalls auctioned
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     The auction of Hong Kong Flower Show 2017 commercial stalls was conducted smoothly today (December 7) at Lockhart Road Sports Centre in Wan Chai. All 53 stalls were successfully let at the auction, bringing in total revenue of $3,149,150.
 
     Organised by the Leisure and Cultural Services Department, the 10-day flower show will be held from March 10 to 19, 2017, at Victoria Park. The 53 commercial stalls in the showground comprise 41 goods stalls, five 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 × 5m): 41
Upset price: $21,720
Bid prices: ranging from $42,800 to $66,000
Average price: $52,327
 
Fast food stall (5m × 10m): 5
Upset price: $28,950
Bid prices: ranging from $28,950 to $80,000
Average price: $55,190
 
Fast food stall with a subsidiary stall
(5m × 10m and 5m × 5m): 2
Upset price: $52,250
Bid prices: $90,000 and $100,000
Average price: $95,000
 
Dry food stall (5m × 5m): 4
Upset price: $17,410
Bid prices: ranging from $121,000 to $136,000
Average price: $130,750
 
Book stall (5m × 10m): 1
Upset price: $14,800
Bid price: $14,800
 
Ends/Wednesday, December 7, 2016
Issued at HKT 19:00
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