Source: Hong Kong Government special administrative region
Leasing arrangements announced for public market stalls in November
(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, food-related dry goods and wet goods, non-food-related dry goods and wet goods, tradesman/service trades, siu mei and lo mei, etc. The tenancy agreement is a three-year fixed term from December 1, 2026, 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. The open auctions will be held on November 6 and from November 9 to 12. Details of the open auctions and the public market stalls concerned are available on the FEHD website.
The open auctions will be held at Room 410, 4/F, Food and Environmental Hygiene Department Nam Cheong Offices and Vehicle Depot, 87 Yen Chow Street West, Kowloon. Limited seats are available on a first-come, first-served basis. The admission tickets will be issued 30 minutes prior to the commencement of each auction. Persons who want to attend the auctions must wait at the waiting area of the auction venue and produce their Hong Kong identity card or passport for registration. The registered person will then be provided with an admission ticket for the auctions. In addition, eligible bidders after verification will be issued with a bidding paddle for the auction. The FEHD has also invited representatives of the Police and the Independent Commission Against Corruption to monitor the auctions at the auction venue in order to ensure that the open auctions are conducted in an orderly and fair manner.
(2) Renting at upset prices on a first-come, first-served basis
The tenancy agreement for market stalls renting on a first-come, first-served basis is a three-year fixed term from January 1, 2027, with no right of renewal upon expiry of the tenancy agreement. The upset prices of the monthly rent of the stalls vary depending on their sizes, locations, vacancy periods and the reduced upset prices from the last open auction of the individual stalls.
In addition, the FEHD Sunlight Market will be available to the public for renting on a first-come, first-served basis. The licence agreement for market stalls in the Sunlight Market is a 24-month fixed term starting from January 1, 2027, with no right of renewal upon expiry of the licence agreement. The licence fee of the stalls varies depending on their sizes. Issued at HKT 18:58
NNNN