Second-day auction results for Victoria Park Lunar New Year Fair stalls
A total of 59 regular size dry goods stalls and 40 large size dry goods stalls were all successfully let on the second-day auction for stalls at the 2025 Victoria Park Lunar New Year Fair today (October 23).
Around 460 people attended the auction at the Assembly Hall, 2/F, Lai Chi Kok Government Offices, 19 Lai Wan Road, Lai Chi Kok, Kowloon, from 9am to 5.30pm today, a spokesman for the Food and Environmental Hygiene Department said.
The average bid price for the regular size dry goods stalls today was $11,729, with the successful bids ranging from $8,540 to $30,000. The highest bid, $30,000, was about 3.5 times the opening price of $8,540.
The average bid price for the large size dry goods stalls today was $16,230, with the successful bids ranging from $12,810 to $41,000. The highest bid, $41,000, was about 3.2 times the opening price of $12,810.
The auction for the remaining 117 dry goods stalls will be held at 9am tomorrow (October 24) at the same venue.
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.