Transaction 5640, Today City Development Authority Acquisition: Registered Transaction HK$28.26 million, Shop 217, G/F, 217 Laundry Street, Mong Kok, built-up area of approximately 1,200 sq. ft., usable area of approximately 1,000 sq. ft., door width of approximately 18 sq. ft., depth of approximately 60 sq. ft., registered transaction of HK$28.26 million.
The original owners bought the property in December 2002 for HK$6.7 million and held it for 24 years, a 321.8 per cent increase. The latest signing date is June 30, 2026.
This shop is located in the core of the flower market. 28.26 million is a good price. There is also a 15% additional allowance for landlords, up to 35% allowance for self-use.
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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 are now on sale at the last time in July 2026:
The following ✨High Percent Returns✨ properties for sale:
(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 Snack
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.
www.edwinlee.com.hk
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