Edwinlee

Transaction No. 5608: Entire Edvan Building in Central Sold for $140 Million, 22% Above Asking Pr…

admin — Mon, 06 Jul 2026 01:45:51 +0000

Transaction No. 5608, (Hong Kong Economic Journal/Sing Tao Daily) The entire Oi Wan Building in Central sold for HK$140 million, exceeding the asking price by 22% (7/10)

A major sale of an entire building was recorded in a prime commercial location in Central. The entire Oi Wan Building, a mixed-use commercial and residential building on Wyndham Street, changed hands for approximately HK$140 million, about 22% higher than the asking price.

The Oi Wan Building, located at 18-20 Wyndham Street, is a 7-story mixed-use commercial and residential building with a site area of approximately 1,301 square feet and a total area of approximately 7,703 square feet. The property was put up for sale earlier this year with an asking price of HK$115 million, and ultimately sold for approximately HK$140 million, at a price of approximately HK$18,200 per square foot, about HK$25 million or 21.9% higher than the asking price.

According to records, the property was owned by the Tsang family, who run a jewelry business. They purchased the land in 1954 for HK$130,000 and subsequently redeveloped it into the Oi Wan Building, which was completed in 1964. Rating Criteria: 5 points for market value, 10 points for excellent value, 1 point for caution. High-scoring shops require P-R-O (Property, Rent, and Occupation): good prospects, good rental value, multiple options, and a reasonable price! Note: The rating is only a superficial assessment. The actual value of a shop is greatly influenced 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 Central has successfully sold 24 street 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 20.4 million.

Valid until July 30, 2026.

Detailed listing plan and photos:

https://drive.google.com/drive/folder…

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

Transaction No. 5607: G/F, 37 Dundas Street, Mong Kok, 2,180 sq. ft. GFA. Market reports a $33 mi…

admin — Mon, 06 Jul 2026 01:42:01 +0000

Transaction 5607, ground floor, 37 Tang Shi Street, Mong Kok, building 2180 feet, market just sold 33 million, width about 20 feet, depth about 109 feet, Jiabao supermarket, vacant or after-sale lease back (previously said 180,000, unknown latest).

The original owner (a related person of Carrefour) bought it in 2017 for $84.1 million. It’s just market rumor, I have no evidence.

The location of this shop is not in the busiest section of Tang Shi Street in Canton Hospital. It is near Pok Fu Street. There is a nightclub upstairs, so the flow of people may be more complicated. Seng Zai Ka Po Supermarket mainly does daytime business, so the neighbors should not be affected. Being a tutoring center may not be right but doing retail/food in the market can attract 24-hour traffic!

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.

. . . . . . . . .

To learn more about the shop market, join the Community (identity confidential) at the following llink:

https://chat.whatsapp.com/DLEbsV9cgmb…

. . . . . .

Seng Wai Shops for sale in June 2026, updated:

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 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:

https://drive.google.com/drive/folder…

Contact me (Lee Genxing 90361143) or colleagues:

Desmond Chan 9660 2253 / Vivian Lee 9311 9274 / Marc Kwok 6092 6444 (Head)

www.bwfund.com

Transaction #5604-06, Registered Price HKD (Shop P) $1.5M + (Shop M) $3.8M + (Shop O) $1.9M, Tota…

admin — Mon, 06 Jul 2026 01:37:56 +0000

Sold item number 5604. Registered transaction: HKD 1.5 million for Shop P + HKD 3.8 million for Shop M + HKD 1.9 million for Shop O, totaling HKD 7.2 million. Rating: 5/5. Shops P, M, and O are located on the ground floor of Kingham Building, 317-321 Nathan Road, Yau Ma Tei. Gross floor area: approximately 900 sq ft; saleable area: approximately 500 sq ft. The registered transaction price is HKD 1.5 million for Shop P + HKD 3.8 million for Shop M + HKD 1.9 million for Shop O, totaling HKD 7.2 million. The tenant is currently vacant. The building is 67 years old. It is subdivided into N shops.

The original owner (Wing Lun Group) purchased Shop P for HK$500,000, Shop M for HK$880,000, and Shop O for HK$630,000 in November 2005. Holding the properties for 21 years, the appreciation rates were 200% for Shop P, 331.81% for Shop M, and 201.59% for Shop O, totaling HK$2.06 million, a 2.5-fold increase. The latest contract signing date is June 2026.

Rental Analysis: Based on the Rating and Valuation Department’s average shop rental yield of 3.8%, the monthly rental value of these shops is HK$4,750 for Shop P, HK$12,033.33 for Shop M, and HK$6,016.67 for Shop O. This is the market value.

This section of Nathan Road is a prime location, but the purchasing power is relatively weak. These three shops are located in the mall of the building and are relatively inconspicuous; they are currently vacant. Rating Criteria: 5 points for market value, 10 points for excellent value, 1 point for caution. High-scoring shops require P-R-O (Property, Rent, and Occupation): good prospects, good rental value, multiple options, and a reasonable price! Note: The rating is only a superficial assessment. The actual value of a shop is greatly influenced 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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To learn more about the commercial property market, join our Community (anonymity confidential). Link:

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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 million, 4.9% 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 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 20.4 million.

Valid until July 30, 2026.

Detailed listing plan and photos:

https://drive.google.com/drive/folder…

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

Transaction #5603: Rare Quick Flip, 40% Profit in Two Months! 🥳 Registered Sale Price HK$1.98 Mil…

admin — Mon, 06 Jul 2026 01:32:53 +0000

Transaction number 5603, a rare short-term speculative investment, yielding a 40% profit in two months! Registered transaction price: HK$1.98 million. Rating: 5/10. Shop B2, G/F, Kwun Wing Building, 353-357 Un Chau Street, Cheung Sha Wan. Gross floor area: approximately 100 sq ft; usable floor area: approximately 65 sq ft; door width: approximately 7 sq ft; depth: approximately 9 sq ft. Registered transaction price: HK$1.98 million. Currently vacant. Building age: 46 years.

The original owner purchased in April 2026 for HK$1.4 million, holding for 2 months, representing a 41.4% increase. The latest contract signing date is June 12, 2026.

Rental Analysis: Based on the Rating and Valuation Department’s average shop rental yield of 3.8%, this shop’s monthly rental value is HK$6,270, representing its market value.

This shop faces an inner street, near Yuanzhou Village. It’s currently vacant, a small shop in a quiet location. Its main advantage is its small size and proximity to Yuanzhou Village. At NT$1.98 million, it’s a great price!

Rating Criteria: 5 points for market value, 10 points for excellent value, 1 point for caution. A high-scoring shop needs P-R-O (Prospect, Rental Value, Options), and a good price! Note: The rating only provides 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.

……………………………………………………………………………………………………………………………… To learn more about the commercial property market, you can join our Community (identity confidential). Link below:

https://chat.whatsapp.com/DLEbsV9cgmb…

…

… 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:

https://drive.google.com/drive/folder…

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

Registered Today: Transaction No. 5602, Registered Sale Price HK$6 Million, Rated 6.5/10, Shop 11…

admin — Mon, 06 Jul 2026 01:29:13 +0000

Today’s registration: Transaction number 5602, registered transaction price HK$6 million, rating 6.5. Shop No. 11, G/F, Po Sun Building, 87-101 Po Kei Lee Street, Hung Hom. Gross floor area approximately 400 sq ft, saleable area approximately 276 sq ft, entrance width approximately 10 sq ft, depth approximately 28 sq ft. Tenant: Fu Kang Electrical Appliances. Building age: 34 years. Facing between Whampoa Street, Pik Ka Fong, Kwun Yam Street, and Ma Shu Street.

The original owner purchased in March 2002 for HK$1.3 million, holding the property for 24 years, representing an increase of 361.5%. The latest contract signing date is June 9, 2026.

Rental Analysis: Based on the Rating and Valuation Department’s average shop rental yield of 3.8%, this shop’s monthly rental value is HK$19,000, representing its market value.

Hung Hom’s “Bik Ka Fong” (now promoted as MIDTOWN SOUTH), developed by Henderson Land Development, is Hong Kong’s largest private urban redevelopment project in nearly 30 years. It’s marketed with 999-year leasehold rights and is being developed in multiple phases. The entire project will provide approximately 2,800 residential units and a nearly 1-kilometer-long multi-level pedestrian shopping street, with full completion expected in 2027.

Rating Criteria: 5 points for market value, 10 points for excellent value, 1 point for caution. High-scoring 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, ownership integrity, and potential additions. The rating is for general reference only.

……………………………………………………………………………………………………………….. To learn more about the commercial property market, you can join our Community (identity confidential). Link below:

https://chat.whatsapp.com/DLEbsV9cgmb…

…

… 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:

https://drive.google.com/drive/folder…

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

物業重建的投資機會

admin — Fri, 03 Jul 2026 03:19:00 +0000

甚麼是 EUV、GDV 與 RDV？

EUV（Existing Use Value）－ 現用價值

EUV 是最容易理解的概念，就是指該物業在現有用途下的市場價值。簡單來說，就是這間舖或這個單位現時在市場上的成交價是多少，就是多少。無論是住宅單位還是地舖，EUV 都是一個參考基準，用作與後續的重建價值作出比較。

GDV（Gross Development Value）－ 總發展價值

GDV 指的是物業完成重建後的預計總銷售價值。舉例來說，如果一棟舊樓拆卸重建後，整個項目可提供 5 萬平方呎的樓面面積，而周邊同類物業的市價為每平方呎港幣 20,000 元，那麼這個重建項目的 GDV 就是 10 億元。GDV 的高低取決於重建後的用途（住宅、商業或混合用途）、地段價值、市場走勢及政府規劃等因素。

RDV（Redevelopment Value）－ 重建價值

RDV 是整個評估框架中最關鍵的數字，計算方式是將 GDV 減去所有重建成本。這些成本包括拆卸費用、建築工程費、利息支出、市場推廣開支、專業人士（如建築師、測量師、律師）費用，以及發展商的預期利潤（一般為樓價的 15% 左右）。扣減以上所有開支後，剩餘的就是該地皮的價值，亦即 RDV。

RDV 高過 EUV 等於有得諗？

判斷一棟物業是否具備重建潛力，核心在於比較 RDV 與 EUV。如果 RDV 明顯高於 EUV，代表該物業拆卸重建後的價值，遠超其現有用途的市場價值，這就意味著它具有真正的重建潛力。反之，如果 RDV 低於 EUV，重建便不符合經濟效益，發展商或市建局也不會有強烈意欲去收購。

籠統而言，舊大廈的樓層數目是其中一個關鍵指標。一般來說，如果一棟大廈高過十層，由於單位數目較多，EUV 的總和會較高，發展商要收購全部業權的成本亦相應增加，令 RDV 難以高過 EUV。這類高層舊樓的重建價值往往較低，很多時候只能靠市建局「蝕錢」來推動重建。相反，樓層越少（例如十層以下）的舊樓，重建價值就越高，因為涉及的業權數量較少，收購成本相對可控，私人發展商會有較大興趣參與收購重建。

實例分析：旺角染布房街16號地舖

以旺角染布房街16號地舖為例，這棟大廈僅得6層高，樓齡已達68年，地盤面積涵蓋數個門牌號碼，合共數千平方呎。根據政府的《Outline Zoning Plan》，該地盤被劃為 Residential (A) 用途，最高地積比率為 9 倍。由於現有建築物只有6層，意味著地積比率尚未用盡，RDV 大有機會高過 EUV，極具重建潛力。

該地舖建築面積約 910 平方呎，現時租客為酒吧，已續租多年，每月租金為港幣 8 萬元。業主現時以意向價 2,000 萬元放售，折合每平方呎約 21,978 元，回報率約 4.8%。在具備重建潛力的大前提下，這個價格對於尋求長線增值的投資者而言，具有一定吸引力。

周邊大型項目帶動區域升值

更值得留意的是，對面馬路正是新鴻基地產的旺角洗衣街大型商業項目。該地盤面積約 12.4 萬平方呎，可建總樓面面積高達 152 萬平方呎，將興建一幢 320 米高的地標式商業大廈，預計 2030 年落成。這將會是繼環球貿易廣場（ICC）之後，九龍區第二高的地標式商業大廈。

這個項目的規模堪比另一個旺角朗豪坊，落成後勢必大幅提升整個區內的商業氛圍和人流。受惠於這個大型地標的帶動，周邊樓宇的重建價值亦自然會水漲船高。對於投資者而言，在大型基建項目落成前率先佈局周邊物業，是捕捉區域升值的常見策略。

投資啟示

綜合以上分析，要成功捕捉物業重建的投資機會，投資者必須掌握 EUV、GDV 與 RDV 這三個核心概念，並仔細研究目標物業的樓齡、樓層數目、地積比率及周邊發展規劃。低層、高樓齡、地積比率未用盡的舊樓，往往是最具重建潛力的目標。

旺角染布房街16號地舖正正符合以上條件，加上毗鄰新鴻基洗衣街地標項目，未來升值潛力不容忽視。現時物業連租約放售，意向價 2,000 萬元，租金回報 4.8%，是基金套現釋出的難得機會。

有興趣了解更多或預約睇舖，歡迎聯絡：

Desmond：9660 2253
Vivian：9311 9274
Marc：6092 6444
www.bwfund.com
2830 1111

Today’s Registration: Transaction No. 5601, Rating 5.5, Registered Sale Price HK$10.5 Million, Sh…

admin — Tue, 30 Jun 2026 02:30:12 +0000

Today’s registration: Transaction number 5601, rating 5.5, registered transaction price HK$10.5 million, Shop 33, G/F, Junyi Building (Phase 03) (Shopping Mall), 271-285 Des Voeux Road West, Sai Ying Pun / 158A Connaught Road West, approximately 1100 sq ft gross floor area, approximately 968 sq ft saleable floor area, approximately 22 sq ft wide and 45 sq ft deep entrance, registered transaction price HK$10.5 million, tenants are Heng Kin Kee / Grandview Property / Fuk To To Jade, building age 48 years.

The original owner purchased in July 2007 for HK$5.2 million, holding the property for 19 years, an increase of 101.9%. The latest contract signing date is May 28, 2026.

Rental Analysis: Based on the Rating and Valuation Department’s average shop rental yield of 3.9%, the monthly rental value of this shop is HK$34,125, which is the market value.

This shop is near West Side Street, facing the tramway, with pedestrian and vehicular traffic. It’s near the former West Bus Stop. There are three tenants, but this area has heavy traffic and relatively weak purchasing power.

Rating Criteria: 5 points for market value, 10 points for excellent value, 1 point for caution. High-rated shops require P-R-O (Property, Rent, and Occupation) – good prospects, good rental value, multiple options, and a reasonable 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 learn more about the commercial property market, join our Community (anonymous). Link:

https://chat.whatsapp.com/DLEbsV9cgmb…

… …

Shops for sale in Grandview, June 2026, updated information:

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:

https://drive.google.com/drive/folder…

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

Registered Today: 5,600th Transaction, Rated 6.5/10, Total Transaction Price HK$38 Million (Shop …

admin — Tue, 30 Jun 2026 02:26:42 +0000

Today’s registration: 5600th transaction, rating 6.5, total transaction value HKD 38 million (Shop 2A and Shop K1, HKD 19 million each), Shop 2A and Shop K1, G/F, Block K, Tai Tung New Village (Popular Building), 67-87 Ivy Street, Tai Kok Tsui. Each shop has a gross floor area of approximately 1100 sq ft and a saleable area of approximately 985 sq ft. Each door is approximately 16 ft wide and 55 ft deep. The registered transaction value is HKD 38 million (Shop 2A and Shop K1, HKD 19 million each). Tenants are 7-Eleven and Master Chef Congee. The building is 52 years old.

The original owner purchased Shop 2A and Shop K1 simultaneously in August 2011 for HKD 35 million, holding them for 15 years, representing an 8.6% increase. The latest contract signing date is June 16, 2026.

Rental Analysis: Based on the Rating and Valuation Department’s average shop rental yield of 3.9%, the combined monthly rental value of these two shops is HK$123,500 (HK$615 million each), representing their market value.

These two shops are located in a prime dining area on Ivy Street in Tai Kok Tsui, featuring spacious, large, and attractive shops.

Rating Criteria: 5 points = market value, 10 points = excellent value, 1 point = be cautious. High-scoring 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 influenced by factors such as utilities (fire, water, electricity, gas), lease details, ownership integrity, and potential additions. The rating is for general reference only.

https://chat.whatsapp.com/DLEbsV9cgmb…

…

… 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:

https://drive.google.com/drive/folder…

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

今日註冊：第5599成交，註冊成交港幣 398 萬，紅磡寶其利街42號A/獲嘉道11-15號新安大樓地下14號舖，建築面積約400呎

admin — Tue, 30 Jun 2026 02:23:38 +0000

今日註冊：第5599成交，註冊成交港幣 398 萬，紅磡寶其利街42號A/獲嘉道11-15號新安大樓地下14號舖，建築面積約400呎，實用面積約 280 呎，門闊約12呎，深約24呎，註冊成交港幣 398 萬，租客現吉，樓齡53年。

原業主於 2004 年 11 月以港幣 62 萬買入，（當時可能是內部轉讓），持貨 22 年，升幅 541.9 %。最新簽約日期是2026年 5 月 28 日。

租金分析: 按差餉物估價署平均商舖租金回報3.9%計算，這間舖月租值港幣 $12,935 是市值。

這間是傳統的紅磡棺材／殯儀段，人流唔多，但有本地剛性需求，通常是行家買來自用。殯儀業近年面臨的最大問題，在於由傳統繁瑣的儀式，轉向現代社會追求「一切從簡」的需求。加上北上安老是對此行業有負面影響。

評分基準: 5分市值，10分超荀，1分要守一守。高分舖就是要 P-R-O. 有前景(Prospect)，好租值 (Rental value)，多配套 (Options)，AND 價錢抵！Note: 評分只是表面感覺，舖內風火水電煤等配套、租約細節、業權完整性及潛建等等，會大大影響實質商舖價值。評分只作表面參考。

。。。。。。。。。

想接收李根興私人商舖資訊， join link

https://chat.whatsapp.com/DLEbsV9cgmb…

。。。。

2026年6月份盛滙商舖放售，資料更新：

以下高厘回報放售物業高達4.8厘回報 :

（1）炮台山英皇道公主大廈1, 10, 11, 12及13號舖 – 大小姐冰室

6,500萬現放售4,250萬 4.8厘回報

（2）上環孖沙街20-24號地下及閣樓 – Reveri

3,800萬現放售3,390萬 4.6厘回報

（3）旺角花園街108號地下及閣樓 – 銀津點心

3,300萬現放售2,290萬 4.6厘回報

（4）旺角染布房街16號 – The Madhouse

2,800萬現放售2,080萬 4.6厘回報

（5）元朗金輝徑金禧樓3號舖及閣樓 – 雞蛋仔小食

1,100萬現放售910萬 4.6厘回報

還有其他旺舖放售：

（6）銅鑼灣波斯富街96-106號寶明大廈地下D號舖

3,800萬現放售3,500萬

（7）旺角洗衣街153號地下及梯口舖位

4,500萬現放售3,500萬

（8）上環蘇杭街10號啟豐大廈B/F 4號舖

2,100萬現放售1,700萬

（9）旺角洗衣街111-121號地下C號舖

2,800萬現放售2,200萬

（10）荃灣路德圍65-75號運通洋樓M舖

2,400萬現放售2,040萬

有效期至2026年6月30日

詳盡放售圖則及相：

https://drive.google.com/drive/folder…

可聯絡我（李根興 90361143）或同事們：

Desmond Chan 9660 2253 / Vivian Lee 9311 9274 / Marc Kwok 6092 6444 (Head)

www.bwfund.com

Registered Today: Transaction No. 5598, Registered Sale Price HK$6.85 Million, Shop 206, G/F, 206…

admin — Tue, 30 Jun 2026 02:19:57 +0000

Today’s registration: Transaction number 5598, registered transaction price HK$6.85 million, Shop 206, G/F, 206-208 Kowloon City Road, Kowloon City (Lung To Street), gross floor area approximately 700 sq ft, saleable area approximately 550 sq ft, entrance width approximately 28 sq ft, depth approximately 20 sq ft, registered transaction price HK$6.85 million, tenant’s white facade, likely a garage or vacant property, building age 65 years.

The original owner purchased in February 1963 for HK$80,000, holding the property for 63 years, representing an appreciation of 8462.5%. The latest contract signing date is May 28, 2026.

Rental Analysis: Based on the Rating and Valuation Department’s average shop rental yield of 3.9%, this shop’s monthly rental value is HK$22,263, which is its market value.

To Kwa Wan’s “13th Street” is a well-known old district in Ma Tau Kok, Kowloon, Hong Kong. It consists of two side streets and eleven main streets named after auspicious Chinese beasts and animals. The area is full of authentic old Hong Kong character, but faces redevelopment challenges due to severely aging buildings.

The eleven animal-themed main streets are: Lung To Street, Fung Yee Street, Luk Ming Street, Lung Cheung Street, Eagle Yeung Street, Peng Ching Street, Hung Wan Street, Chan Luen Street, Yin On Street, Chun Fat Street, and Hok Ling Street.

A hub for car repair shops: The 13th Street area has approximately 200 car repair shops, making it a famous hub for car repair and parts distribution in Hong Kong. Tenement buildings without elevators: Most of the residential buildings in the area are tenement buildings constructed in the late 1950s, over 65 years old, and many do not have elevators.

Buying this shop is all about waiting for resale. As long as the property market continues to recover, the Urban Renewal Authority has a high chance of repurchasing it in the next few years. I believe there’s a very, very high chance of making a profit then. A great shop!

Rating Criteria: 5 points for market value, 10 points for excellent value, 1 point for caution. High-scoring shops require P-R-O (Prospect, Rental Value, Options, and Affordable Price)! Note: The rating is only a superficial assessment. The actual value of the shop is greatly influenced by factors such as utilities (fire, water, electricity, gas), lease details, ownership integrity, and potential future additions. The rating is for general reference only.

…

For information on Lee Ken Hing’s private shops, join link:

https://chat.whatsapp.com/K5ZOsN7LUOF…

…

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:

https://drive.google.com/drive/folder…

Contact me (Lee Gen Hing 90361143) or my colleagues:

Desmond Chan 9660 2253 / Vivian Lee 9311 9274 / Marc Kwok 6092 6444 (Head)