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The average transaction price of all stalls rented for New Year’s Eve in Victoria Park is 27,500 and the highest is 69,000

The average transaction price of all stalls rented for New Year’s Eve in Victoria Park is 27,500 and the highest is 69,000

The public tender for the stalls of the Victoria Park Lunar New Year Fair ended yesterday, which was held for two consecutive days, all 175 wet goods stalls were rented, with a total turnover of 4.8222 million yuan, with a 312,000 yuan increase over last year, an increase of 6.9%. The second day of racing entered yesterday, and the atmosphere continued to be intense. During this time, there were even more disputes among bidders who were dissatisfied with each other’s high price. The booth with the highest transaction price was won by “The King of Peach Blossom” wife Liu Haitao. “Orchid King” Yang Xiaolong initially planned to vote 6 yesterday. Only two cabins were offered because the asking price was higher than expected.

The reserve price of the 175 market stalls at the Victoria Garden Lunar New Year Fair was HK $ 5,440 and the final transaction price ranged from HK $ 5,440 to HK $ 69,000. The average offering price was approximately HK $ 27,556. Yesterday, on the second day of competition, we competed for the remaining 55 stands, the growers have been working hard for a year, and it’s also time for the New Year’s Eve sales. The race boxes cannot be missing to increase contact with the customer’s source. The offers were heard one after the other in the venue. During the period, both bidders were attracted to the same stand. Due to dissatisfaction with the other party’s constant offers, the staff had to separate them in a more distant location.

The two-day auction totaled the highest transaction price of stall 159 near the Causeway Road exit at $ 69,000. The booth was won by the wife of the “King of Peach Blossoms” Liu Haitao, who admitted that the transaction price was double the expected price.

Known as the “King of Orchids” and founder of Chiba Garden, Yang Xiaolong revealed the day before yesterday that he planned to bid for 14 cabins this year. Eight of them were offered on the first day, but only two were finally won yesterday. Yang Xiaolong said the stalls’ transaction price this year was higher than in previous years, which exceeded budget. Unpredictable sales this year.

Auctions open for other locations

New Year’s auction at Victoria Park ended today The auction for the New Year’s market stalls at Tat Tung Road Garden in Tung Chung will be held today on the second floor of the government offices in Lai Chi Kok.

Originally posted on AM730 https://www.am730.com.hk/local/Victoria Garden The New Year’s stands are all rented outside the average transaction price 27,500-maximum 69,000 / 347352? utm_source = yahoorss & utm_medium = referral

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