Sold item number 5632, registered today for HK$17.4 million, rated 7/10. Shop No. 108, G/F, 108 Portland Street, Mong Kok. Gross floor area approximately 1000 sq ft, usable floor area approximately 900 sq ft (including large atrium). Door width approximately 12 ft, interior width 15 ft, depth approximately 69 ft. Registered transaction price HK$17.4 million. Tenant is Yue Feng Yi. Building age 69 years.
The original owner purchased in April 2018 for HK$33.3 million, holding for 8 years, a decrease of 47.7%. The latest contract signing date is July 7, 2026. 2018 was a peak year for the shop market!
Rental Analysis: Based on the Rating and Valuation Department’s average 4% rental yield for shops, this shop’s monthly rental value is HK$58,000, representing its market value.
The shop at 110 Portland Street next door is of similar size. The tenant is quite extravagant; it was registered for sale at HK$16.5 million eight months ago. Now, this shop is HK$900,000 more expensive, a 5% increase, which is quite good.
This section is the food court of Portland Street in Mong Kok/Yau Ma Tei, between Dundas Street and Hamilton Street. Daytime foot traffic isn’t high, mostly consisting of skewers and hot pot restaurants; the main activity is in the evening. This shop is in a seven-story building, nearly 70 years old. It’s a good long-term investment, allowing for both rental income and waiting for acquisition. A rental yield of 4-5% shouldn’t be difficult.
Rating criteria: 5 points for market value, 10 points for a great deal, 1 point for holding off. A high-scoring shop needs P-R-O (Prospect, Rental Value, Options, and Price)! Note: Ratings are only a superficial assessment. The actual value of a shop is significantly influenced by factors such as utilities (fire, water, electricity, gas), lease details, ownership integrity, and any potential additions. Ratings are for general reference only.
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From 2025 to the first half of 2026, The Grand Hong Kong has successfully sold 24 street-level shops in Hong Kong, totaling HK$396 million. The following 8 properties are now available for sale at reduced prices until July 2026:
The following properties offer high returns: up to 5%:
(1) Shops 1, 10, 11, 12 & 13, Princess Building, King’s Road, Fortress Hill – Miss Ice Room
Original Price: HKD 65 million Now Available: HKD 42 million 4.9% Return
(2) Ground Floor & Mezzanine, 20-24 Ma Sha Street, Sheung Wan – Reveri
Original Price: HKD 38 million Now Available: HKD 33.9 million 4.6% Return
(3) Ground Floor & Mezzanine, 108 Fa Yuen Street, Mong Kok – Yin Jin Dim Sum
Original Price: HKD 33 million Now Available: HKD 22.9 million 4.6% Return
(4) The Madhouse, 16 Dyeing Fong Street, Mong Kok
Original Price: HKD 28 million Now Available: 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 No. 4, B/F, Kai Fung Building, 10 So Hang Street, Sheung Wan
HKD 21 million, now for sale HKD 17 million
(7) Shop No. C, G/F, 111-121 Sai Yee Street, Mong Kok
HKD 28 million, now for sale HKD 22 million
(8) Shop M, Yun Tung Building, 65-75 Luther Road, Tsuen Wan
HKD 24 million Listing for sale at HK$20.4 million
Valid until July 30, 2026
Detailed listing plans and photos:
Contact me (Edwin Lee 90361143) or my colleagues:
Desmond Chan 9660 2253 / Vivian Lee 9311 9274 / Marc Kwok 6092 6444 (Head)
www.bwfund.com
Dr. Edwin Lee, Founder of BW Fund. Since the fund’s inception in 2016, he has purchased 133 street-front shops in Hong Kong, totaling HK$2.224 billion. His life goal is to buy 1,000 street-front shops in Hong Kong.
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