Auction for Victoria Park Lunar New Year Fair stalls ends
The open auction for stalls at the 2021 Victoria Park Lunar New Year (LNY) Fair concluded today (November 18). The total revenue was $2,462,320 compared with $1,537,077 last year.
A spokesman for the Food and Environmental Hygiene Department said that a total of 169 stalls for wet goods at the Fair were let out during the two-day open auction.
To round up the results of the auction for the wet goods stalls held yesterday (November 17) and today (November 18), the successful bids ranged from $5,440 to $50,000, which averaged out to about $14,570. The auction of wet goods stalls fetched a total of $2,462,320, compared with $1,134,097 last year.
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, tomorrow (November 19). The auction session is scheduled from 9.30am until completion of the auction.
The auctions for stalls of the Fa Hui Park (Sham Shui Po), Kwun Tong Recreation Ground (Kwun Tong), Morse Park (Wong Tai Sin) and Cheung Sha Wan Playground (Sham Shui Po) LNY fairs will be held at the Assembly Hall, Lai Chi Kok Government Offices, 19 Lai Wan Road, Lai Chi Kok, Kowloon, on November 20 and from November 23 to 25 respectively. The auction sessions are scheduled from 9am until completion of the auction.
The spokesman reminded the successful bidders to comply with all the stipulations and provisions as set out in the licence agreement. Otherwise, the department is entitled to terminate the agreement and the licensee shall immediately vacate the stall.