Transaction 5618, registered transaction of HK$20.5 million, does not feel high score, ground floor shop at 153 Dong Sha Island Street, Sham Shui Po, built-up area of about 800 sq. ft., usable of about 574 sq. ft., registered transaction of 20.5 million. Tenant Lubricant Garage, 63 years old. The door is about 13 feet wide and 50 feet deep, narrower on the inside.
The original owners bought the property in June 2006 for HK$4.8 million and held it for 20 years, a 3.3-fold increase.
This shop faces East Sand Island Street, the flow of people is very quiet, to be honest, I really don’t know why it’s worth 20.5 million, I hope it’s a real market transaction, not an internal transfer.
The new buyer is Speedy Creation Property Limited and has a different name from the original owner. I don’t know if the developer acquired it 😅
If calculated based on the average rental value of 4.0 per cent return from the Rates and Property Valuation Department, the monthly rent would be a market value of $680 million.
Rating benchmark: 5 points market value, 10 points super good, 1 point to keep one guard. High score shops are to P-R-O.Prospect (Prospect), good rental value (Rental value), many amenities (Options), AND affordable prices! Note: The rating is only a superficial feeling. The rating is for superficial reference only.
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To learn more about the shop market, join the Community (identity confidential) at the following llink:
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In the first half of 2025 to 2026, Sheng Hui has successfully sold 24 Hong Kong street shops for a total of HK$396 million. The following 8 properties are now on sale at the last of July 2026:
The following ✨High Percent Returns✨ Property for sale up to 5% Returns:
(1) Shops 1, 10, 11, 12 and 13, Princess Building, Emperor Road, Fortress Hill – Big Miss Ice Cream
65 million now for sale 42 million 4.9% return
(2) G/F and Porch, 20-24 Twin Sands Street, Sheung Wan – Reveri
38 million now for sale 33.9 million 4.6% return
(3) G/F and Porch, 108 Garden Street, Mong Kok – Ginzu Dim Sum
33 million now for sale 22.9 million 4.6% return
(4) 16 Dyeing Room Street, Mong Kok – The Madhouse
28 million now for sale 20.8 million 4.6% return
(5) Shop 3 and Porch, Jin Hee Building, Jin Fai Road, Yuen Long – Crackers Snacks
11 million now for sale 9.1 million 4.6% return
There are other busy shops for sale:
(6) Shop 4, B/F, Kai Fung Building, 10 Su Hang Street, Sheung Wan
21 million now for sale 17 million
(7) Shop C, G/F, 111-121 Laundry Street, Mong Kok
28 million now for sale 22 million
(8) Shop M, Wan Tong Building, 65-75 Luther Wai, Tsuen Wan
24 million now for sale 20.4 million
Valid until July 30, 2026
Detailed plans and photos for sale:
Contact me (Lee Genxing 90361143) or colleagues:
Desmond Chan 9660 2253 / Vivian Lee 9311 9274 / Marc Kwok 6092 6444 (Head)
www.bwfund.com
Dr. Kenneth Lee Edwin
Founder of Sheng Wai Shop Fund
Since the establishment of the Shop Fund in 2016, it has bought 133 Hong Kong street shops worth HK$2.224 billion. My goal in life is to buy 1000 street shops in Hong Kong.
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