Sold item #5635, recently registered for HK$6.68 million, rated 7/10. Shop 88, G/F, 14-20 Hamilton Street/86-88 Portland Street, Yau Ma Tei. Gross floor area approximately 400 sq ft, saleable area approximately 320 sq ft, entrance width approximately 13 sq ft, depth approximately 25 sq ft. Registered transaction price HK$6.68 million, tenant satisfied, building age 63 years. Previous lease (Tak Yan Tong) HK$32,000 per month until April 2027.
The original owner purchased in November 2020 for HK$15.8 million, holding for 6 years, a 57.7% decrease. Latest lease signing date is July 10, 2026.
Rental Analysis: Based on the Rating and Valuation Department’s average 4% rental yield for shops, this shop’s market value is HK$22,267 per month.
This shop faces Portland Street, near Hamilton Street and the Yau Ma Tei MTR station on Pitt Street. It’s opposite Park Tsai, but unfortunately, the purchasing power is weak. The foot traffic and quality of people in this area are quite mixed. There are many vacant shops nearby, but of course, a low price solves all the problems.
Rating Criteria: 5 points for market value, 10 points for a great deal, 1 point for caution. A high-scoring shop needs P-R-O (Prospect, Rental Value, Options, and Affordable Price)! Note: The rating is only a superficial impression. The actual value of the shop is greatly affected by factors such as utilities (fire, water, electricity, gas), lease details, ownership integrity, and potential additions. The rating is 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 The 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.
www.edwinlee.com.hk
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