Leasing arrangements announced for public market stalls in September

Source: Hong Kong Government special administrative region

Leasing arrangements announced for public market stalls in September
(1) Open auctions

The types of stalls to be auctioned this time cover cooked food, frozen meat, fresh meat, fresh fish, frozen (chilled) poultry, fruits, vegetables, ready-to-eat food, food-related dry goods and wet goods, non-food related dry goods and wet goods, service trades, siu mei and lo mei, newspaper, houseware, etc. The tenancy agreement is a three-year fixed term from October 1, with no right of renewal upon expiry of the tenancy agreement. The upset prices of the monthly rent of the stalls vary depending on the sizes, locations and vacancy periods of the individual stalls. The upset prices for the stalls in an open auction will be initially fixed at 80 per cent of the open market rent (OMR) if the stalls have been vacant for over six months, and at 60 per cent of the OMR if the vacant period has been over eight months. Relevant information is available on the FEHD website.————————————————–
Auction date: September 8 (Monday) (pm)
Number of stalls: 116————————————————–
Auction date: September 9 (Tuesday) (am)
Number of stalls: 88——————-
Auction date: September 9 (Tuesday) (pm)
Number of stalls: 12————–
Auction date: September 10 (Wednesday) (am)
Number of stalls: 72——————-
Auction date: September 10 (Wednesday) (pm)
Number of stalls: two————–
Auction date: September 11 (Thursday) (am)
Number of stalls: 54———————
Auction date: September 12 (Friday) (am)
Number of stalls: 85———————
Auction date: September 12 (Friday) (pm)
Number of stalls: 77 

Districts in which the market stalls are located 8/F, Lockhart Road Municipal Services Building,
225 Hennessy Road, Wan Chai, Hong KongRoom 301-302,
3/F, Food and Environmental Hygiene Department Nam Cheong Offices and Vehicle Depot,
87 Yen Chow Street West, Kowloon9/F, Kwai Hing Government Offices,
166-174 Hing Fong Road, Kwai Chung, New Territories4/F, Shek Wu Hui Municipal Services Building,
13 Chi Cheong Road, Sheung Shui, New Territories7/F, Sai Kung Tseung Kwan O Government Complex,
38 Pui Shing Road, Tseung Kwan O, New TerritoriesUnits 1201-1207 and 1220-1221, 12/F,
Tower 1, Grand Central Plaza,
138 Sha Tin Rural Committee Road, Sha Tin, New Territories3/F, Tai Po Complex,
8 Heung Sze Wui Street, Tai Po, New Territories3/F, Yeung Uk Road Municipal Services Building,
45 Yeung Uk Road, Tsuen Wan, New Territories1/F, Tuen Mun Government Offices Building,
1 Tuen Hi Road, Tuen Mun, New Territories2/F, Yuen Long Government Offices,
2 Kiu Lok Square, Yuen Long, New TerritoriesA spokesman for the FEHD said, “Bidders or applicants for the market stalls must be at least 18 years old and ordinarily reside in Hong Kong. To allow more people to bid for or select the stalls and increase customer choices by enhancing the diversity in terms of the variety of stalls, there will be a restriction on the number of stalls to be rented in the same market by a single tenant. Any person who is currently a stall tenant is not allowed to bid in the first round of auction for any stall in the same market, and will only be allowed to bid for one stall in the second round of auction or to select one stall in the same market on a first-come, first-served basis. The existing tenants under the new three-year fixed-term tenancy scheme (i.e. those persons who became stall tenants through the market open auctions after August 2022) are allowed to bid for a stall in the auction or select a stall on a first-come, first-served basis in the same market, but shall vacate the current stall and return it to the FEHD before the effective date of commencement of the new tenancy agreement.”

Details of the open auctions and the public market stalls concerned (including stalls for open auction at reduced upset prices) have been uploaded to the FEHD website (www.fehd.gov.hk/english/pleasant_environment/tidy_market/open_auction_coming.htmlIssued at HKT 18:30

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