The 5586th transaction was recently completed and registered for HK$11.8 million. I rate it 7.5 out of 10. It’s Shop 4, G/F, Block B, Wah Mei Building, 207-213 Portland Street, Mong Kok (Shop E, 36 Shantung Street). The gross floor area is approximately 400 sq ft, and the saleable area is approximately 270 sq ft. The entrance is approximately 9 feet wide and 28 feet deep. The tenant is Hai Yau Pharmacy. The building is 53 years old. The current rent is HK$38,000, a return of 3.86%. The rental value is believed to have room to rise to HK$40,000-50,000 per month or more.
The original owner purchased it in December 1977 for HK$660,000, holding it for 48.5 years, representing an increase of 1687.9%. The latest contract signing date is May 27, 2026.
Rental Analysis: Based on the Rating and Valuation Department’s average shop rental yield of 3.9%, this shop’s market value is HK$38,350 per month.
This shop faces Shandong Street, opposite Langham Place, located between Shanghai Street and Portland Street. It’s a high-traffic area, popular with tourists, especially independent travelers.
Rating Criteria: 5 points for market value, 10 points for excellent value, 1 point for caution. High-rated shops require P-R-O (Prospect, Rental Value, Options, and Price). Note: The rating is only a superficial assessment. The actual value of the shop is greatly affected by factors such as utilities (fire, water, electricity, gas), lease details, title integrity, and potential additions. The rating is for general reference only.
……………………………………………………………………………………………………………………………… To receive information about Li Genxing’s private shops, join the link:
…
Updating information on shops for sale in Sheng Hui in June 2026:
The following properties offer high returns:
(1) Shops 1, 10, 11, 12 & 13, Princess Building, King’s Road, Fortress Hill – Miss Ice Room
HKD 65 million, now HKD 42.5 million, 4.8% return
(2) Ground floor & mezzanine, 20-24 Ma Sha Street, Sheung Wan – Reveri
HKD 38 million, now HKD 33.9 million, 4.6% return
(3) Ground floor & mezzanine, 108 Fa Yuen Street, Mong Kok – Yin Jin Dim Sum
HKD 33 million, now HKD 22.9 million, 4.6% return
(4) 16 Dyeing Fong Street, Mong Kok – The Madhouse
HKD 28 million, now HKD 20.8 million 4.6% return
(5) Shop No. 3 and mezzanine of Kam Fai Road, Yuen Long – Egg Waffle Snacks
HKD 11 million Now for sale HKD 9.1 million 4.6% return
Other prime shops for sale:
(6) Shop D, G/F, Po Ming Building, 96-106 Percival Street, Causeway Bay
HKD 38 million Now for sale HKD 35 million
(7) Shop G/F and stairwell of 153 Sai Yee Street, Mong Kok
HKD 45 million Now for sale HKD 35 million
(8) Shop B/F 4, Kai Fung Building, 10 Soi Hang Street, Sheung Wan
HKD 21 million Now for sale HKD 17 million
(9) Shop C, G/F, 111-121 Sai Yee Street, Mong Kok
HKD 28 million Now for sale HKD 22 million
(10) Shop M, Yun Tung Building, 65-75 Luther Road, Tsuen Wan
HKD 24 million Listing for sale at 20.4 million.
Valid until June 30, 2026.
Detailed listing plan and photos:
Contact me (Lee Gen Hing 90361143) or my colleagues:
Desmond Chan 9660 2253 / Vivian Lee 9311 9274 / Marc Kwok 6092 6444 (Head)
www.bwfund.com
Add comment